New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1912-03-09
CH1RTER or
the SUJiIOS-SubcvbieIIe
company, Ltd.

| be 1t known, that this zIst day of the
month OF February, a. d. 1871, before me, Ven
| teess Smith, Notary Pubic in and TOR the
Parsn OF iberia, State OF Loulslans. duly commits
stoned and qualified, and IN the preenee OF the
witnesses hereinafter named and undersigned, per-
| 'enaily came and appeared the several persons
whose names are hereunto subscribed. who de-
cisred that ayailIng themselves OF the provision,
OF the laws OF this stse relative to the organization
sf corporations, they have agreed and bind them
selves, as well as such persons as may hereafter be-
come associated with them and their SUCCESSORS. to
form and Constitute corporation and body polite
IN law tor the objects and purposes and under the
conditions and stpulations " contained and set
forth in the following articles, to-wit:
ARTILLE 1.
The name-tltle of said corporation shall be "The
'andoz Susetblelle Company, Limited - 1, shall
exist tor the full term and period of Twenty wears
from the date hereof
ARTICLE =.
The domieile of this Co.pany shall be in the
City OF New Iberia, Parish OF Iberia, State of Lou.
siana, and all citation and other legal process shall
be served upon the president of SAID corporation or
in case of his absence inability to act, the vice
president
AKIICLE 3.
The objects and purposes for which this cor
poIation is established are hereby declared To be
as follows, to wit; The buying and selling of
property, real personal and mixed, corporeaI and
,ncorporeal; to invest in bonds stocks and other
securities; to conduct the business of acting as
agent and broker IN purchases and sales of pro.
perry and commodities of all kinds, and To 10 q
general agency, commission and mandate bust.
ness; also TO deal in merchandise OF any and all
kinds; buy and sell cotton rice corn sugar can.
ana other agricultural products lease ana
operate public and bonded warehouses;, cotton
gins, mills and factorles also to mill and manu-
facture agricultural products, rs well rs the by.
products OF same, into any article of commerce;
and do general manufactui ing business; and
generally, TO make and enter into any and all
contracts in relation to said business that may
become necessary.
This corporation may sue and be sued in its
corporate name, hold, have,A receive purchase
convey, sell. mortgage and hypothecate; pledge
lease and suitcase; also borrow money make
contracts, receive grants Of land and personal
property, and make and use . corporate seal,
the same to alter and break at pleasure; name
and appoint managers. directors, officers, clerks
and agents as the interest and convenience of
said corporation may requires make establish
such bylaws, rules. and regulations tor the pro.
per management and regulation of the affairs
OF said corporation as may be necess airy, and the
same to alter and change at pleasure; and DOS.
sess All rights, powers and privileges to watch
corporations are may be by any general law or
laws OF this state authorized and entitled to
possess.
ARTICLE s.
The capital stock of this corporation is hereby
fixed Mt Twenty Five thousand Dollars re.
presented by two hundred and fifty shares Of one
AuDdred dollars each, All sioux subscribed for
shall be payable in cash, property real and
personal or for services actually rendered to the
company on such terms and conditions az the
board OF directors may at any time determine
ALI transfers of stock shall be made the books
of the company and shall be signed by the stock
holder or his attorney. The corporation ahaII
begin business as soon as forty shares OF stock
shall have been subscribed and paid for. At ali
elections BY and meetings of the stockholders,
each share of stock srall be entitled to one vote
to be voted either by the person in whose name
the stock appears upon the books Of the corpora
tion at the time OF the voIing, or by agent or
proxy duly authorized in writing to that effect
ARTICLE o.
The business Affairs and corporate powers of
this corporation shall be transacted by a board
o. tour directors, to be posed of stockholders
thereof, to be elected by a majority of all the |
votes at general meeting to be held for that |
purpose on the second Tuesday in February of |
each yeai. The directors thus elected shall serve
for one year until their successors shall have
been elected and qualified All |
elections shall be conducted under the super. !
visioB OF three members to Dc appointed by the |
of any one of said commissioners of election de.
cning to act, the president shall appoint another
to fiji the place. The said board of directors
shall elect IRON their lumber q president, vice.
their successors are elected and qualified. The |
board of directors shall have power to All yaean.
cies, occurring in the board. They shall make |
such by laws rules and regulations 40 they think
proper for transaction of the business and affairs
of said corporation, and change, alter and me nd
the same At pleasure, appoint and hx the salaries
OF all officers, clerks, and employees, the same |
change or dismiss at pleasure; sell, convey, |
mortgage and pledge, lease and purchase pro, |
perry, movable. immovable and personal borrow
money, issue notes and bonds, make contracts
and sign all necessary acts, deeds ETC.. amt do all
necessary things TO be done in the management |
Of said business - may be permitted by laws ap-
plicaDle 70 corporations, Three members of said |
boards shall constitute quorum for the trans
ARTICLE
This act may be changed, modified or altered |
or the said eorpcratien may be dissolved at .
special meeting vi the stockholders convened for
That purpose after fifteen days prisr notice by |
publication In any newspaper published In the |
city OF New Iberia, Parish Vt Iberia. with the as
sent Of threefourths Of the capital stock Of said
corporation.
ARTICLE 8.
No stockholdsr shall be held liable or respon.
sible for the contracts faults Of said eorpors
ton in any further sum than the unpaid balance |
due by him on subscription TO the capital stock
por shall any mere informally in Organization
have the effect of rendering this charter null " 1
of exposing stakeholder to any further liability
than the unpaid balance due ON said stock.
ARTICLE
The following persons shall constitute the first
board Of directors 70 un. Ill the second Tues
day in February, 1913, viz; Gordon A. sapdox. /
J. Paul suberbielle. Hilton Sandos and A. j. eu.
berbielle, wian the said Gordon A. Sandoz as |
President; A. j. Suberbieile, Vice President and
j Paul Subsrbielle, Secretary.
ARTICLE 10
This corporation shall be Iiduidated at the end |
of its term or at lite earlier dissolution provided
that three-fourths OF its capital stock shall have
agreed thereto 1t meeting called for that pur. 1
pose, by three commissioners, said three com |
TO be selected and appointed by the |
stockholders At said meeting, said commissioners
shaI be stockholders of said corporation, their |
com pensation as liquidators shall be nxed on the
day Of their appointment. Said commissioners |
shall continue TO act until the business Of the |
corporation shall be entirely closed and liquidated
and in the event Of the death, resignation or dis
ability Of either two Of them. then the survivor
or survivors shall set.
Thus done and passed at my Office 1T New Ihe. |
ris, Parish Of Iberia, louisiana on the day, |
month and year FIRST above written in the pres. /
ence of Messrs. r. w. Bauman and Robert Char. |
gois, good and competent Witnesses. who reside |
in this Parish, who have signed these pres ents /
with the arsies and me. Notary. after due read |
ing OF the whole
GORDON A, SANDOz. 49,. 10 Shares.
j. p. SUBRRBlELLE...
HILTON aANIb(tZ I