The weekly Iberian. (New Iberia, La.) 1894-1946, 1913-08-23
ACT OF incorporation
Of The PEOPLES
SUGAR REFINING co.
State Of Louisiana,
Parish Of iberia. Z


Parish Of iberia.
BE It know, that Oh this ;|st day ~
the month OF August 4. y. E'5, Ee-
fore me. Julds T. Robin, Notary Pub
lie. duly con miasioned aud qualified,
IN and Tor t,je/far,sh of iberia. state
Of IouisianaEP came and ap-
peared the persons whose names are
hereunto subscribed who declared
that awaiting themselves of the provi-
sionS and lnNs of this State, relative
to the organization of corporations,
they have roycnantcd aud agreed and
do by these presents covenant and
apr,p bind. form and constitute
themselves, rs we'll ~ such persons
who may hereafter Join or become rs
soc,ated with them. into 4 corporation
and body polite. in law. ior the oh
lects and purposes and under the
iag,e.ments and st,pulat,ons follow
ing, to wit
Article |
The name and stvle vt the corpora
ton shalt he the Peoples Sugar Re
lining CO. and under that name II
shall have and enjoy all the rights
aud privileges granted by law to cor
pora,ions; it shall exist for period
Of twenty FIVE years "a from this
date, il shall have power 10 contract,
sue and he sued in its corporate name,
to make aud use corporate seal. to
hold receive. purchase. convey, mort
gage, hypotheeate or pledge property
both real aud personal; to issue bonds
notes and other Obligations, to have
and employ such managers, directors
officers, agents and othe, employ ees
as the interest and convenience ~
such corporation may require, and t'
discharge the same rs they may sec
III; TO make and establish snch i,
Laws. rules and regulations for The
proper management and control o
the affairs of said corporation. through
its board Of directors. as may I've ne
ccssary and expedient.
Article II.
The dom.cilc Of this corporatio,
shall be in the City of New Iberia
Parish Of Iberia, State of Louisiana
and all citations aud other legal pro
cess shall lie served on the President
or IN his absence upon the Secretary
of said corporation.
Article III
The purpose tor which this corpora
ton il organized and the nature q
the business to I've carried on ny II ar
declared aud specific tn be rs follows
To manufacture and refine sugar, Il
buy and sell sugar caue and othe
products. as we'll sugar, molasses ant
other articles that may be mad
! ~ M ~, /, nd n rna r.
purchase and hold Sugar Refneries
to purchase sugar cane, and to manu-
facture same into sugar, molasses al
cohol or other commodities OF trad
that can he made or extracted there
from; to sell such products either in
raw or manutac' ured state, to buy an
purchase crops Of sugar cane or otbe
articles that can be made therefrOD
to maintain, conduct and operate re
, tincry or central factory; to construct
maintain aud operate tramways, raj
roads and other roads that may b
deemed necessary for the transports
ton OF cane aud other products, q
. we'll as sugar, mOlasses and other art
Giles made thercfrOm, to and from tn
refinery or central factory OF said CO.
poration, ard generally to 10 and pei
form ANYTHING and everything pert
nent or incident to the general pul
pose bereinhefOre stated.
Article. ~.
The capital stock Of this Company
hereby fixed Mt the sum Of Eight
Five Thous u I'oars $685. o0)
be divided into eight hundred and II
ty shares of the par value I
one hundred dollars each, which sha
he paid for in cash or in the purchas
of property. All shares of stock sha
9 be full paid and non accessible. N
transfer Of stock shall be recognize