New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1912-02-24
CHART or
The SuudUs-Sube rUieile
Conn puNH, Lttl.

State of Louisiana, Parish of iberia
Be it known, that on this aIst day of tn.
month OF February, a. ID. 1917, before me, Ven
teess smith, . Notary Pubic la and f,r the
Par.sn OF iberia, State OF louisiana dulv commits
stoned and qualInei, and IN the pre,ence of the
witnesses hereinafter named and unde signed, per
senaily came and appeared the several person.
whose NAMES are hereunto sxbs :ribed, who de-
clared that, availing themselves OF the provision.
of the laws OF this S,ae relative the organization
OF corporations, they have agreed and bind them
selves, as well as such persons may hereafter be-
come associated " til tn m and their successors, &c
form and constitute corporation and body polite
IN Law tor the csjecu and purposes and under tn.
conditions and sipulArions contained and sci
forth in the following articles, to-wit:
AKTIILE 1.
The nametitle of said corporation shall be "Ths
-andoz Sube,bieiie Company, Limited" 1t shall
exist for the full term and period OF Twenty year.
from the date h, reof.
ARTICLE 4
The domicile of this Company shall be in the
City OF New Iberia, Parish OF Iberia, State Of ON.
sana, and all citation and other legal process shall
be served upon the president OF "a corporation,
in Of his absence inability to ct, the VICE
president.
ARTICLE g.
The objects and purposes TOR which this cor.
poration Is established are hereby declared to be
MS follows, to wit: The buy ing and selling VI
property real, personal and mixed, corporea al and
incorporeal; to invest in bonds, stocks and other
securities; to conduct the business of acting Nj
agent and broker IN purchases and sales OF pro.
perry and conn odiIies of all kinds and to DO a
general agency, commission and mandate bust
ness; also To deal In merchandise Of any and all
kinds buy and sell cotton, rice, corn, sugar cane
and Other agricultural products; lease own anu
operate public and bonded warehouses, cotton
gins. IN ills and factories; ais to mill and
facture agricultural products, rs we'll as the by
products of same into any article Of commerce;
and do a general manufacturing 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 receive, purchase,
convey, SELL mortgage and hypothecste; pledge,
lease and suitcase; also borrow money make
contracts, receive grants OF land aud personal
property, and make and 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 require; make establish
such bylaws, rules. and regulations for the pro-
per management aud regulation of the affairs
Of said corporation as may be neces. AIRY, and the
same to alter and change ut pleasure; and pos
seSs Gtl rights, powers and privileges to watch
corporations are may be by any general law or
laws OF this state authorized aud entitled to
possess.
ARTICLE s.
The capital stock Ut this corporation is hereby
fixed Mt Twenty. Five Thousand DOliAryi re-
presented by two hundred and. fifty shares OF one
hundred dollars each, All stock subscribed for
shall be payable in cash, OF property, real and
personal, or tor services actually rendered to the
company on snch terms and conditions ~ the
board OF directors may At any time determine.
All nxs hail he, DO thx h-.,
OF the company ana shall be signed by the stock
holder or ma attorney. The corporation ahail
begin business as soon rs forty shares OF stock
shall have been subscribed and paid for. At all
each share Ut stock srall pe entitied to one vote
TO be voted either W the person in whose name
the stock appears upon the books os the corpora
tion AT the time OF the voting, or BY agent or
proxy duly authorized in writing to that effect
ARTICLE d.
The business affairs and corporate powers Of
this corporation shall BE- transacted by board
o. four directors, to he composed Of stockholders
thereof " be elected by u majority OF all the
votes at general meeting to he held for that
pur pose the second Tuesday in February of
each yeal. The directors thus elected shall
Tor year until their successors shall have
been elected and qualified. All
elections shall BE- conducted under the super
vision Ut three members 70 Dc appointed by the
Board OF Direeto for that purpose, and in case
of any one OF said commissioners OF election de-
cini1g to act, the president shall appoint another
TO fiji the place The said bOaro Of directors
shall elect from their humber president, vice.
president and = secretary who shall serve until
their successors elected aud qualified. The
board OF directors shall have power to I'LL vacan.
cies, occurring In the board. They shall make
such 10y laws, rules and regulations they thin
proper for TRANSACTION OF me business and affairs
OF said corporation, aud change, alter aud amend
the same at pleasure, appoint and fx 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. immov able and personal, borrow
| money issue potes and bonds, make contracts
and sign all peeessary sc,s, deeds ETC., and do I'll
necessary things to be done in the management
of said business a. may be permitted by laws sp
pIicsble to corporations, Three members of said
boards shall constitute quorum for the trans
| action and management OF ali business OF said
corporation.
ARTICLE Z.
| This act may be changed, modified altered
or the said corporation may be dissolved ct
special meeting VI the stockholders convened fol
| that purpose. after fifteen days prier notice BY
City of New iberia. Parish of iberia. with the as
sent Of threefourths of the capital stock of SAID
| corporation.
| No stakeholder shall be held liable or respon
sible for the contracts or faults OF said corpora
| ton in any further sum than the unpaid balance
due BY him ON subscription to the capital stock
nor shall any meIe informally in organization
] have the effect Of rendering this charter null o
of exposing stakeholder to any further liablit,
1 than the unpaid balance due on said stock.
AhTICkE9.
| The following persons shall constitute the frs
board of directors to serve un ii the second Tues
| day in February, 1918. viz: Gordon A. Sandoz
| J. Pau. puberbielle, Hilton Ssndoz and A. j. Bu
berbielle, wi9n the said Gordon A. Sandoz a
President; A. j. Suberbieile, Wee President an
j. Paul Subsrbiells. Secretary.
| ARTICLE ~.
This corporation shsa be Inundated at the en-
OF its term or at its earlier dissolution, provide
that three fourths of its capital stock shsh bav
agreed thereto at . meeting called for that pun
pose, by three commissioners, said thraa CON
missiob-rs TO be selected aud appoiuted BY tn
stockholders Mt said meeting, said commissioners
shali be stockholders OF said seorporAtiou. thei
com o. nsation iiquieators shall Be fixed on til
day OF their appointment. Said eommission<l
shall continue to act until the business of III
corporation shall be entirely closed and ltquidats
ana in the event OF the death, resignation or dil
ability Of either or two OF them, then the survive
or survivors shail act.
i Thus done ana passed ct my once ct New Iht
ria, Parish Of iberia, Louisisns. on the d.,
month and year drst above written ia the pre-
encs Of Aesars. =. w. 6auman aid Robert Chs
gois, good and Competent witnesses. who fesit
In this Parish, who have signed these pre-, ent
with the arries and me, Notary, after due res
ing of the whole.
GORDON 4, sANDOZ.. 49,. IL Shares.
| J. p. SuBkRBlEkLE...
| HILTON SANDOZ ......... !"
| A. j. Observation-Disclosures.