New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1913-08-16
ACT or INCORPORATION
or THE
FRED W. BAUMAN COMPANY.

po /, known that on this fonr'h hay 7"
tho month Of August A. ID. l9l5, oeio''
-. uo,do, A SANDER, n Notary PUNE,
Julv commissioned and qualified, III """
"a, tbs Parish of IBERIA state OF bouis'an"
ner.ona,ly eame aud appeared the perso'
W hose names are hereunfo snbsc''"'"'
:, ho DECLARING that awaiting themselves
NJ the provisions Of the Laws of The S'a'e
of Louisiana relative to the i"''ha'''" w
that they do by these pre-
SCENTS covenant aud agree ny an" WI"
Themselves and such other persons as
may become hereafter associated WI"
them. to form and constitute corpora
ton aud body polite in law, Tor me 90
ieets aud purposes .nd under the s'ipnIa'
lions hereinafter set forth.
ARTICLE /
yhp name Of this corporation shall ne
The Fred W Rauman Company ana
IL shall have the power TO exist f"' %
,iod Of twenty five Iears from date hereof
I q purchase. hold, sell lease, morishs"
and plodge real estate and I'isnhhI p'"
IT. rty. to appoint such directors. ohe''s
aud srenta ~ the Interest," OF The company
moy ,.o,i,e. aud generally to do MI
,hinps reedful and necessary for the pnr-
noses herein stated.
ARTICLE II.
The dnmicile Of This corporation shsiI
he in the city Of New fhpria, PARISH OF
iberia Louisiana. nnh MI CITATIONS ~
other l. gal process shall be served NJ on
the President, aud in his absence UPON
tho Vice President, ~ in the ahsene" OF
both upon he Secretary Treasurer.
ARTICLE Ill
The object aud purposes for which this
corporation is organ ze1 and the nature 81
I he b, sinees Ia be carried on are hereby
deciar Il TO he II q purchase, sale, l'as'tg
of all classes If movable aud immovable.
rssl. personal and mix d property, IN"
!, euinp Of money on al class"a IT set mi
tiea the uu,rhas. aud sale OF all class -
Of stocks. hnnds .srri' 8, notes, ,ccon'i",
dues d.hiy. d,maris, iudrmers M
mortgages, md of my and nll tights IN
the ssue: the elton. maintenance N
conduct of hotels and mercantile AID
bindings, grounds and
businesses of every description, the carry,
inp on of u general mercantile collection,
r.rorting, insurance agency and abstract
ing of titles business; the d'illing up"n or
ihey work exploring such lands MS II
may acquire in tul ~ part ownei ship 81
10 which II may acquire any 'ight wha'-
ever for the purpose Of discovering oils,
gas. salt OF her MINERAL; and the same
to explore and devslope for commercial
purposes To undertake all works and
to make all contracts to that eud desira-
Bile snd such product ~ II may bring fort h
tr sell or otherwise dispose Of; this organ
zn,ion to make all such works or enter
prises "a may facilitate such drilling and
explorption. the storing of products, the
aale aud delivery thereof aud in fine TO
10 sll things necessary or conducive to
he benefit Of said enterprises a. are here
nbefote set foi b
ARTICLE ".
The capital stock of this corporation is
ixel ut .ne hundred thousand dollars, |
300, O0O), divided into nj Represented |
py one thousand shares OF the par value
,f one hundred dollars, (s10n) each. No
certificate of stock shall be issued until |
he same shall have been paid for. in |
,asb. property ar such other equivalent ~
he board of directors may determine or
he Laws of the State of Louisiana may
permit.
This corporation shall have the right to
,egn business rs soon ~ three thousand
iollars, (&3 00O), of the capital stock
hnll have cen subscribed aud paid for,
M stockholder shall IF for sale any
ock i, this company without first Offer
sg 70 one OF the members hereof aud ten
lays notice given Of such intended sale
o the board Of directors hereof. !, being
nderst ood that the shareholders in this
company shall first he given the privilege
& l. 4 a. = |
d for sale.
ARTICLE V.
The corporate powers of this corpora
ION shall be vested In n board Of three
ireetors elected by majority of the
fOekholders there 81 at the annual cleo.
ion TO be held therefor, on the first Mon.
NY Of August Of eaeh year. The said
oa,d sball hold ofIice for one year or I'M
i their successors shall have been elect
d. In case Of failure TO elect die ctors
n The dav herein fixed, this corporation
hall not be dissolved but the ,nenmbapt
',t etors shall continue in Office until
,eir successors shall have been elected
nd qualh' d. Ifany vacancy should occur
y the board OF directors the same shall ,
Q filed by The remaining directors by ap-
ointment from among the stockholders
ARTICLE VI
The board Of dire ctors shnll have now {
TO make, sdnp, or repeal such Jules
I'd regulatory for the conduct, manage
tnt aud business of the corporation as
icy may deem propori 10 sJpoint from
me TO time such officers, agents, clerks
other employees ss they may deem
'cessary and to discharge at pleasure
u salaries and compensations for agents
eiks and employees shall be fixed by
q board OF directors aud same shall be
anged al their pleasure.
ARTICLE VII.
The officers of This corporation shall i
hslsf OF President, Wee. President 4
I'd Secretary Treasurer elected by the
ard OF directors ut their first meeting
he held on the first Monday Of August Il
Ell year at every ANNUAL election notice
ertof shall be given TO the Stockholders
publication ten DAYS previous
the said meeting and ut the an
ey may vote bv proxy
ARTICLE VIII. L
At lts dissolution, whether by lIquiLa- 4
N or expiration Of the charter, Of oi,,e,- z
Sc, the ahaiis OF this CO poration shall y
ht"'uN'cu ny uHe or more commits | II
'ne,s, elected by the majority Of the
'ekholders at n meeting held for iba y
rposs, ten days previous notice in (
l''ng heing given to each stockhol,ler
~ commissioners TO remain in of,c,lX
I'll the Affairs OF said corporation .halI(
We been finally liquidated; and sho,lilk
'aeancy occur in their number spcb
eaney shall he filled by the Remaining
nmissionefs from one Of tn. stock.
dsrs.
ARTICLE TX. IA
No stockholder Of this G mp ration slsu
n be held liable or responsible for :
contracts or faults tbeieof in any 4
thef SUN than The unpaid balance die h
company ON The shares Of stock sub IA
ibed by him; nor shall any informslty
bsvs the effect Of render.
this charter uull or Of exposing n
ckholder to any liability beyond the
paid balance, if any. Of his stooL