New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1911-06-24
ACT OF Incorporation
Zane Land Sugar COMPANY, Ltd,

ACT OF Incorporation
Cane Land Sugar Company, Ltd.
ohiteo States OF America, State of Lon.
isiana, Parish of Iberia.
De IL known that on this 22nd day Of ths
month OF April. in the year l9ll. before
| me, Ventress J. Smith, Notary Public.
auiy commissioned and qualified, ia and
| Tor the Parish of Iberia. State Of Louisi-
ana, personally came and appe ared the
| persons whose names are hereupto snb.
scrlbed, who declared that avaiIiDg them.
] serves OF the provisions and the laws Of
/ tnis 3 ate, relative TO the organization of
corporations, they have covenanted and
agreed, and do by these presents. cove.
nant and agree, bind, form and copsti.
tnte themselves, as well as such persons
who may hereafter join or become associ-
| ated with them, into q corporation and
body polite in law, for the object.
| and purposes and under the agreements
and stipulations following, to-wit:
ARTICLE l.
The name and style of this corporation
shall be CANE LAND SUGAR COMP
ANY, LIMITED" and under that name
1t shall have and enjoy all the rights and
privileges granted by law to corporations;
1t shall exist for the period of twenty y 1--WE
(2o) years from this date; it shall have
power to contract, sue and be sued in it's
corporate name, to make and use . cor
porate seal. to hold, receive, purchase,
convey, mortgage, by ypothecate or pledge
property, both real and personal; to issue
-.
have and employ such managers, direc-
tors, officers, agents or other employees
as the interest and convenience OF such
corporation may require, and to discharge
the same rs they may see Fl; to make and
establish such bylaws, rules and regu-
lations for tine proper management and
control of the affairs Of said corporation,
through its Board of Directors, as may
bs necessary or expedient.
ARTICLE IL.
The domicile of this corporation shall
be in the City OF New iberia, Parish of
Iberia, in this State, and all citations and
other legal process shall be served on the
President. or in his abser ce on the Vice
President, and in the absence Of both, on
on the Secretary Of said corporation.
ARTICLE Ill.
The purpose for which this corporation
is organized and the nature of the busi-
ness to be- carried on by it are declared
and specified to be as follows: To cult
vate and raise sugar cane, corn aud other
agricultural products, to manufacture and
refine sugar, to buy an sell sugar cane
and other products. as we'll as sugar, mo-
lasses and other articles that may be
made therefrom; and to this end to ac-
quire, purchase and hold plantations or
tracts Of land and to work and cultivate
the same, either in sugar cane, corn or
other products; to manufacture the pro-
ducts raised on said lands, as we'll as the
products of lands owned by other persons
into sugar, molasses, alcohol or other
commodities of trade that can be made
or extracted therefrom; to sell such pro-
ducts either in a raw or manufactured
state; to buy and purchase crops OF sugar
cane or other articles that can be made
therefrom; to maintain, conduct and op-
crate a refinery or central factory; to
construct, maintain and operate tram
ways, railroads and other roads that may
be deemed necessary for the transpor
tatioc of cane or other products, - well
as sugar, mOlasses and other articles
made therefrom, to and from the refinery
or central factory of said corporation,
and generally to do and perform any
thing and everything pertinent or incl
dent to the general purpose hereinbefore
stated.
The capital stock of this company 10
hereby fixed at the sum OF fifty thousand
dollars. to be divided into FIVE hundred
shares of par value OF one hundred dol
lars each. which shall be paid for In cash
or In the purchase of property. All shares
Of stock shall be full paid and non-asses-
sable. No transfer Of stock shall be rec
oRnized or be binding upon the company
unless made pursuant to its bylaws and
accorded upon the books Of the company
This corporation shall become going
concern ~ soon a. Three Thousand Dol
lars Of ito capital stock shall have beer
subscribed and paid for.
ARTICLE v.
All the corporate powers Of this corp.
oration and the management and control
Of It's affairs, in the matter Of purchasing,
mortgaging, selling, contracting ooitRa-
tions and doing all things necessary to
carry out the powers granted BY this
Charter and the purposes OF the corpora
tion. shall be vested in and exercised BY
the Board OF Directors composed Of hve
stockholders. three OF whom shall consti-
tnfe : quorum for the transaction Of ifs
business. There shall be IN excessive
com mittee composed Of the President.
Treasurer and Manager, who shall per-
form such duties and exercise sueh pow
ers - may be delegated to 1t o. the
Boatd of Directors. At no time enali tnc
President or the Vice President acting ~
President, act as manager on said IKE
cutive Committee.
The first Board Of Directors shall hold
Office for period Of three years, ana
their 81 ccessors shall be elected on the
6rst Monday Of April, 1914, and tri,en.
oually thereafter. Each stockhoider
shall be entitled in person, or by proxy,
70 one vote on every share owned oy Nun,
and said election shall be held under
snch rules and regulations as may be pro-
vided by the Board OF Directors.
ANY vacancy on the Board Of Directors
.hall be filed py the Boarsa Tor the unex-
The said Board Of Directors shall con-
t;rne In ONCE until April, 1914, ~ afofe-
aid ar until their successors shall have
heen duly elected and qualified, ana
sev failure 10 elect shall not be regarded
"a 4 forfeiture Of Charter. The sa'd
Hoard shall have the right 10 appoint any
clsrk or employee Of the corporation as 1t
NAV deem 6t and expsdient and for the
proper management and control OF said
business. =.
Tha President shall have authority to
ana a. behalf Of the corporation without
q enthorixatiou Of the Board OF
Directors. ~
This act Of incorporation may be