The weekly Iberian. (New Iberia, La.) 1894-1946, 1911-01-21
CHARTER
OF The
N. A. PATOUT & SON Limited.
STATE OF Lot ISIAN 4,
PARISH OF IBERIA

STATE OF LOUISIANA,
PARISH OF IBERIA
Be it known, that on this 2ud day
OF August A. ID. 1910, hcioore nae,
Walter +. VOORHEES,, a Notary Pub
lie, duly commissioned and quail
fled in and for the Parish AMI state
hereinbcfore mentioned, and IN the
presence Of the witnesses herein
after named and undersigned,
Personally came and appeared
the persons whose names are here
unto subscribed, the married ladies
being duly authorized and assisted
by their resp, ctivc husbands, who
declared that, awaiting themselves
OF the general laws OF this state
providing for the creation and or
ganization of private corporations,
and particularly of Act No. 81 Of
1883, and Of the Act of 1901, they
have formed and organized, and
by these presents do form, organ
ize, and constitute themselves, and
such others as may become asso-
ciated with them, and their sue
cessors, into a corporation and
body politic for the objects and
purposes and under the terms and
conditions hereinafter set forth, to
wit
ARTICLE l.
The name OF this CORPORATION
shall be NJ. A. Patout & Son, Linn
tied, and its domiciIc and PRINCIPAL
place Of business shall be ut the
residence situated on the Enter
prise plantation in the Parish OF
iberia, State OF Louisiana.
ARTICLE II.
The business, purposes, and OBJ
jects of this corporation are de
clared to be any one and all of the
following, to wit To cultivate
sugar cane and any and all crops
suitable to the climate, to manu-
facture cane into syrup and sugar,
to refine same, to lease, buy or
sell real estate in connection with
farming operations, to acquire and
own railways, tramways, with
steam motive power, pipe lines for
transferring juice, syrup and oil,
teams and all class Of farming i'm
PIGMENTS and all live stock, use
full for the purposes of this cor
to cultivate with hired
labor or for shares Of the crops,
or by tenant system; to cut, haul
and manufacture sugar cane pro
by other parties into sugar
or syrup and refine the same, or
to purchase same or manufacture
same for a given price or on Civ
en- terms, and generally to do any
and all things pertaining to and
necessary for the successful run
ming of sugar plantation and re-
finery.
Also to establish, run, and con-
duct mercantile business or com
missary department, for the pur-
pose of trading with the EMPLOYEES
Of the corporation and with such
others as may deal Herewith and
IN connection with such merchau-
lie business to buy and sell goods
ana merchandise not prohibited by
aW, and make all such deals as |
merchants are authorized to make
10 ship, sell and dispose of all sug-
lr, syrup, sugar cane or other
'rops purchased or manufactured
~ the said corporation and also
oy-prOducts, either directly |
through the Manager or through |
he Agents or employees as he may |
ieem proper to engage. All en-
,loyees, all agents, managers, as !
lstant managers and other en-
,lOyees, proper and NECESSARY for
he conducting of any portion of
aid business.
ARTICLE III.
This corporation shall enjoy suc-
ession in its corporate name with
II the powers granted in Article
l, and with all powers which could
e exercised by an individual. The
erms OF its existence is fixed at
lfty years from the date of this
ct. 1t shall have power to sue
nd be sued, to contract, to make
nd use a corporate seal, and the
anne to break or alter at its pleas
re. 10 hold, receive, lease, pur-
base, ALLEVIATE, and convey. as well
to hire, mortgage or otherwise
ncumber property, both real and
ersonal, and to appoint such Of
GERS and employees as its bust
ess may require.
ARTICLE ".
The capital stock OF this cor
grafton is fixed at Three hun
red and fifty thousand and 90
~ (x350,O0O.0U Dollars, divided in
thirty five hundred (3500l shares
the par value of one hundred
1d 00-100 100000 Dollars each
he corporation shall begin bust
ess only after the shares of the
lpital stock shall be subscribed
Id paid for and not earlier than
le first day of January, 1911. No
ock shall be issued for less than :
par value, nor shall it be is
led until paid for in full; provid-
J, however, that stock may be
lid for cash or its equivalent in :
rvices rendered or in property :
a fair valuation. !.
ARTICLE V. I
No transfer OF stock shall be /
nding upon this corporation un- a
IS same is made on the books of c
is corporation and in case any
shall desire to sell or q
ansfer this stock, he shall give n
n 1O days notice to the officers \
the Corporation. The stock
'lders OF which shall have the n
st option OF purchasing the said d
,ck q the full market value
Droof.