New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1912-02-17

The corporate powers of said corporation shall
be vested in and exercised, and the business al d
affairs of his corporation shall be managed ano
conducted by Board Of Directors composed oi
nine members. Said directors shall be elected an
nully on the first Monday of October, or such
other day the stockholders at a re. uar or any
special may fix. and all such elections shall be by
ballot OF each election, ten days prior notice
shall be given in newspaper published in the City
OF Ne" Iberia, louisiana, and the directors thus
elected shall serve until their successors shall have
been elected A majority of the votes cat shall
elect, and each share of stock shall be entitled to
one vote either in person or by proxy. A failure
to elect directors the day required shall not dis
solve the corporation, but the board of directors
shall co tinue 10 hold their Office until new
| Board of Directors have been elected, and ten dav.
| pror notice shall be given in newspaper published
IN the City OF New lb,ria, of such election. ANY
vacancy occurring in the Board of Directors from
any cause whatever shall be filled by election BY
the remaining directors. Five directors shall con-
stute quorum for the transaction of business
The Beard of Directors at the first meeting
! shall elect from their own number Presidsn and
first and second Vice-President, and also cleo
Secretary ard Treasure, but the same person
may ID the office Of seeretar, and Treasurer;
and shall appoint from time to time such officers,
clerks, agents, ard confer power to appoint same
and other employees as may be deemed necessary
tor the business and purpose of said corporation,
and dismiss the same at pleasure; and sha have
ful power to make and establish as well as change
or amend, or alter comfortably to the act of in
corporation, all bylaws, rules and regulation,
deemed rcqu'sire for the control and management
OF he affairs and business Of said corporation; an
shall have full power to borrow moLey, execute |
mortgage, issue bonds, make contracts, make |
rules tor the declarations of dividends, and general
y to do all things and act in all matters pertinent
to the objects and purposes of this corporations as
also to deliver full paid shares of this stock or the
bonds OF obligations of this corporation in payment
for labor done, or money, rights in property
actually received
And any rule or bylaw is subject to repeal.
mod cations or change by the hold RS Of major
lty of the stock at any meeting Of the Company
The notice of the annual meeting of the stock
no dsrs may be given by publication as above pro-
vided for, or such notice may be gives BY ton DAYS
NOTICE in writing to each stoekholaer, of tine
and place of holding said annual election, which
may be served by transmitting such notice to him
addressed through the mails to his last known
place Of residence business, prov ded, that whe.
all Of the stockholders are present in person or BY
proxy, they may waive in writing the notice and
delay for such meeting, except in cases where
otherwise provided by law.
In voting for directions each stakeholder shall
he entitled to cast either in person or by proxy,
one vote for each share of stock owned by him
which shall have been standing in his name on
he books of the Company for at least thirty DAYS
,vior N. d,t. rs h.. IL. TT ri
Directors may establish transfer agencies in
financial centers to make transfer of stock " This
AMI under such reasonable rules and
equations as the Board may establish Stork
ransfers the books Of said transfer agents shall
e deemed transferred on the books of the Comp,
ny.
ARTICLE g.
The following persons shall constitute the first
'oard Of Directors, to-wit:-
r. N. WEIGH Homer Barouse W. LYMAN.
.dward l.. Estorge, j. r. Colomb, Dr. j 4. OH G
Ter A. g. Geulas. Jules Dreyfus and Bert par !
ian; OF whom M. Welch shall be president.
f0mer Barouse LIST vice pre- ident; j. W. LYMAN |
d vife-president and Edward l.. Estorge, secre.
Ary treasurer.
article ?. =
Except as to increase of the capital stock, which
ial be done ip the manner and form REQUIRED bv
W, this act of Incorporation may be changed. I
tered, or modified, or said corporation NAV be I
SOLVED by vote of not less than three-fourtbs 1.
the outtsndng capital stock at meeting of the
kholders called especially for that purpose after
n days notice to each t3ckioder Of the time o
q place Of holding such meetings given in the I,
amer prescribed BY Article Five of this Act. =
BY publications OF a notice of such meeting for =
irty Gays IN some newspaper printed or published l
the cry OF New Iberia, ousana; such meet h
to be convened BY the Secretary upon order Of q
majority OF the Board at Directors, or upon :,
lten request Of those holding not less than one u
rd Of the capital stock. i,
ARTICLE 8.
Upon the termination Of this chsrter eitbe, bv =,
lita''en or any Other cause, the business and :
ans thereof shall be liquidated under the sup,r- d.
endenee OF three commissioners selc ed from q
'ng the stockholders al general meeting called n
the purpose in the manner above provided. :
. shall III addition TO the duties prescribed by =:
:, perform such further duties and give such 81
urity as maybe required BY the ockholders B
case OF the death of any of the commissioner II
ing the term Of bis duties as such, the remain
commissioners shall elect successor from the
kholders or
bps doae sad passed at my Office in the CITY VI
lew Iberia, Parish Of iberia, State Of Louis.
J. ON the day and date just above written in | to
presence OF +. w Bsuman and Melvin w ~
her, competent witnesses who herennto siy. IN
lr names with appesrsrs and me, Notary sftsr pl
reading OF tho whole.
ie'nsl sigEedl 7. M. WEIGH. an
r,nesses: HOMER RAROUSE. ~.
". bAuMAN J. p. COLOMB, vi
LsN W. Fisher. Ih J. X. OLIVIER n
}. w. LYMAN, VI
A. 9. GOCLAS ga
ED. K. ESTORt:E :,
JULES DREYrUS IN
VENTRESS ]. SMITH. Notary pnbl;.
state OF Louisiana, Parish Of Iberia <;o
hereby certify that have examined the fora. VIZ
g act Of incorporation Of the New Iheyia I.aS sal
re Northwestern Railroad Company and
ing nothing therein contrary 70 law do Sal
10Y give my approval to the same nm
evidence whereof. witness nv sisnatuva a. up
Iberia. La. this 3lst day Of January A r, inf
=. tSTgnedl ANTHONY N. MULLER
nist, Attorney 10Th Jud Dist Court ne
state OF IAouisiana. Parish OF Iberia. 4
j. u Leblanc. Clerk Of Court and RI Oefc;.
,roer and Conservator Of Mortgages in and lar
ne AFORESAID Parish and state. do hereby Ger
tnAt the above and foregegoing In trus ana OH
ret copy Of the original set of incornsrytinn =,
e New Iberia, Lafayette Northwestern lie
ROAD Ompany, on file and OF recoyd IN 40 &c
!. IN Mortgage Book 49, at folio VI
Iaitn wnereof, witness my sigusture and seal IA
nee :tnsw lberia La, this lst day Of FEB. e
: : -.s4As0' o'''s q c'''s ont