New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1911-07-01
ACT Of incorporation
Zane Land Sugar COMPANY, Ltd,
united states Of America, State Of Lon.

'd''S ldnu Sugd Company, Ltd
United States Of America, State Of Lon
lslana, Parish of Iberia.
% IL knoWn that on this 22nd day of tn
month OF April, in the year 1911. befor
me- Ventress j. Smith, Notary Pnhlic
ouiy commissioned and qualified. ia An,
Ior the Parish of Iberia, State Of Lonis;
ma personally came and appeared tb,
persons whose names are hersunto sph
scrioed, who declared that availing them
se!ves OF the provisions and the laws n
tnis . ate, relative to the organisation o.
corporations, they have covenanted anf
agreed, and do by these presents, cove
nant and agree, bind, form and consti
tote themselves, as well as such person,
VINO may hereafter join or become associ.
ated with them, into a corporation And
body polite in law, for the obiact,
ana purposes and under the agreements
ahc stlpulations following, to- wit:
ARTICLE l.
Ine name and style Of this corporation
snail % 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;
It shall exist for the period of twenty five
(25) years from this date; it shall have
power to contract, sue and be sued in it's
corporate name, to make and use q cor
porats seal, to hold, receive, purchase.
convey, mortgage, hypothecate or pledge
property, both real and personal; to issue
bonds, notes and other obligations, to
have and ecaploy such managers, direc-
tors, officers, agents or other EMPLOYEES
IS the interest and convenience OF such
corporation may require, and to discharge
the same as they may see fit; to make md
establish such bylaws, rules and regu-
iations for the proper management and
control Of the affairs of said corporation,
through its Board of Directors, as may
DO necessary or expedient.
ARTICLE IL.
The domicile of this corporation shall
DO 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 absence on the Vice
President, and in the absence of both, on
on the Secretary of said corporation.
ARTICLE III.
The purpose for which this corporation
is organized and the nature of the bnsi-
ness to be carried on by it are declared
and specified to be as follows: To cult
vate and raise sugar cane, corn and 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
qnire, 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-
duets raised Oh said lands, as well MS the
products of lands owned by other persons
into sugar, m0lasses, alcohol or other
of trade that can be made
or extracted therefrom; TO sell such pro-
duets either in q 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 on6sate tram
ways, railroads and other roaes that may
be deemed necessary for the transpor
tatior Of cane or other products, as we'll
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
hing and everything pertinent or Incl
dent to the general purpose hereinbefors
stated.
ARTICLE Nv.
The capital stock of this company is
hereby fixed at the sum of fifty thousand
dollars, to be divided into FIVE hundred
Dhares of par value OF one hundred dol
ars each, which shall be paid for in cash
,r in the purchase Of property. All shares
If stock shall be full paid and non-asses-
,able. No transfer Of stock shall be rec
,gnized or be binding upon the company
lnless made pursuant to its bylaws and
.ecorded upon the books of the company.
This corporation shall become going
concern as soon az Three Thousand Doll
ars Of its capital stock shall have beer
and paid for.
ARTICLE v.
All the corporate powers Of this corp
ration and the management and control
4 its affairs, in the matter OF purchasing,
nortgaging, selling, contracting obliga-
ions and doing all things necessary to
larry out the powers granted BY this
;harter and the purposes of the corpora-
ion, shall be vested in and exercised by
he Board of Directors composed OF five
three OF whom shall consti-
ute a quorum for the transaction Of its
BUSINESS. There shall be an executive
committee composed Of the President.
Treasurer and Manager, who shall per-
orm such duties and exercise such pow
rs % may be delegated to It b. me
soa,d OF Directors. At no time shall the
PRESIDENT or the Vice President acting ~
resident, act as manager on said Exc
utive COMMITTEES.
The first Board Of Divestors shall hold
fice for . period OF three years, and
heir % SCISSORS shall be elected on the
rst Monday Of April, 1914, and tri.an-
ually thereafter. Each stockholder
hall be entitled in person, or by proxy, |
D one vote on every share owned oy him,
nd said election shall be held under
uch roles and regulations as may be pro- |
ided BY the Board OF Directors.
Any vacancy on the Board Of Directors
hall be filed py the Board for the unex'
ired term,
The said Board Of Directors shall con.
nue in ONCE untif 1epril, 1914, - afore-
aid. or until their successors shall have
cen duly elected and qualified, and
Nv failure to elect shall not be regarded
J 4 forfeiture OF this Charter. The said
;oard shall have the right 10 appoint any
Jerk or employee OF the corporation % It
az deem 6t and expsdient and Tor the
roper management and control OF said
usiness.
The President shall have authority to
ae il behalf Of the corporation without
special authorization of the Board OF
directors.
ARTICLE VI.
This act Of incorporation may be
modified or altered, or this cor
oration may be dissolved with the assent
three fourths Of the stock present or
, ,oressnted, 1t . general meeting sonve-
ed for that purpose. and after at least
n DAYS written notice shall have been
ven through mail addressed to each
ockholdsr At his last known place Of re-
dence.
ARTICLE VII.
No stockholoe1 shall ever be held Il
BE or responsible for the contracts,
.rlts or debts of this corporation, nor
An any mere informality in in its or
,nixation have the effect Of rendering
,is Charter null or Of exposing the stock