New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1911-05-13
CHARTER
OF THE
TECHE Land COnPauY.

United States of Ameriea, State Of Lou
| isiana, Parish of Iberia, City Of New
Iberia.
On the 5th day of the month OF April
in the year Of eur Lord, OBe Thousan,
Nine Hundred and Eleven, and of the in
| dope ndence Of the United States of Amer
ica, the One Hundred and Thirty Fifth,
| BEroRK ME, G. NJ. Compton, a Notar!
Public, duly commissioned aud qualified
in and for the State of Louisiana, in tn,
presence Of the witnesses herei1afte
named ard undersigned.
| Personally came and appeared Tbs
parties whose names are bereunto sub
| seribed, who declared that awaiting them
| selves Of the provisions Of the laws of tbt
State Of Louisiana, in such casee made
and provided, they have covenated, and
agreed, and do by these presents covsn-
ant and agree and bind themselves, their
successors and assigns and such othc,
persona ae may hereafter become associs-
ted with them, to form and constitute
themselves int corporation and body
polite in law for the objects and pur-
peses, and under the articles aud stipu-
lstious following, to-wit;
ARTICLE
The name and title Of this corporation
shall be the TECHE LAND COMPANY,
and under its corporate name 1t shall
have aud enjoy corporate existence for a
period Of ninety. mine years from date of
this act, with full power in the tiansac
ton, end for the purposes Of its business,
40 hereinafter defined, to contract, sue
and be sued; to make and use A corporate
seal, and the same to alter and break at
pleasure; to acquire, lease, use, hold, ali
enate, mortgage, pledge or otherwise en-
cumber any property, movable or immov-
able, in or out OF the State of Louisiana;
to issue its bonds and other evidence of
Indebtedness, and to secure the same by
pledge, mortgage, or otherwise, to elect
or appoint such directors, officers, mana
gers, agents or other employees as the in
terest or convenience of it's business may
require; 10 make, amend or repeal At plea
sure, such by laws, rules and regulations
touching the management Of its affairs
and business or the exercise of its power,
~ may be necessary or convenient; to in
crease or diminish its capital stock and
generally for the purposes aud ebje ,ts Of
its business TO exercise all the rights aud
aud power that may be now or hereafter
permitted by law to corpoI ations Of this
ARTICLE II.
The dcmicile OF this corporation shall
be in New Iberia, Parish of Iberia, State
~ Louisiana, and ali citations or other 10
gaj process shall be served upoc the Pres
ident, and in his absence upon The Vice
and in the absence of both.
upon the Secretary of the Corporation.
ARTICLE LII.
The objects and purposes for which
this corporation ie established. and the
BY it, are hereby declared to be;
To purchase, lease, or otherwise ac-
1uirs, own, hold and cell agricultural
lands and town site properties in the
State Of Louisiana, or elsew here; to pro- |
mote immier alton to the State Of Louisi-
lns, aad generally to develope the indas.
rial and agricultural interests of the
State; to transform and convert rural |
ands into town sites and to epe- up and |
isvelop the same, as we'll a. property |
yiag adjacent to, or within the corporate |
imits Of villages, towns and municipal |
lee, and the same to sub divide into |
building lots, and general , to do and per.
orm anv and all things necessary and
conducive for the proper carrying out of
bjeets herein before Get forth.
ARTICLE ".
The capital stock Of this corporation 10
ereby 6xed at the snm Of Thirty Thou.
and (e3o, 600 .00) Dollars, divided into
nd represented by three thousand shares
the par value Of One Hundred Dollars
sl00. 0o) which said stcck shall be paid
Or In cash Or In such ipstallments, sr at
neh times, aud after such notiGs to the
nbscfibers IS the Board Of Directors may
4. or the same may be issnsd ct not less
han par for labor done, or services per.
,rmed for such corporation, or for prop
~ or rights actually received by the
I'D corporation. No transfer. Of the