The weekly Iberian. (New Iberia, La.) 1894-1946, 1913-09-13
ACT OF incorporation
or the PEOPLES
SUGAR REFINING co,



he II known that Oh this lat day OF
the nlonth at August \. u l'l'. lie
fore me. Jules J. Eoh,n Notary Pub
lie. duly commissioned and qualified,
81 and III, the Parish Of iberia, State
Of Louisiana. Personally came and ar
nonted Tive persons whusc names ate
hcteunto subscribed, Who declared
that awaiting themselves oI the Prev
Sione aud laws vt this state, relative
to the organization OF corporations,
they have coyenantoi and agreed aud
do by these presents covenant and
agree. bind form aud constitute
themselves as well rs such persons
who may hereafter Join or become as
soe,ated with them, into corporation
and body polite, IN law, tor the oh
lects aud purposes and under the
agreements and sttpulatlons follow
ing. To wit.
Article j.
The name and stvIa of the pora
ton shalt he the "l'enplc S sugar Re
iin,ny SO and under that name Il
shall have and enjoy All the rights
and privileges granted by law to cor
pu,atinna, II shall exist for Il period
of twenty tive years - from this
date; it shalt have power ~ contract,
sue and I've sued N its corporate name,
to make and ueo a corporate 9ral, TO
hold, receive, purchase. convey, mort
yage. hvpothecatc or pledge property,
both real aud personal; to issue bonds.
notes and other obligations, to have
and en- ploy sUch managers. directors,
nj of ey nj a c
as the interest and convenience of
such corporation may require, and to
DISCHARGE the same as they may see
tit. to make aud establish such By
Laws. rules and regulations for the
proper management and control OF
the affairs OF said corporation. through
its board OF directors. as may he ne
ccssary and expcdent.
Article II.
The domlcilc of this corporation
shall he in the City of New Iberia.
Parish of Iberia, State of Louisiana,
and all citations aud other legal pro
cess shall be served on the President.
or IN his absence upon the Secretary
| OF said corporation
Article ~.
The purpose Tor which this corpora
| ton Is organized aud the nature of
| the business to he carried on by 1t are
| declared aud specific to be "a follows:
! To manufacture and refine sugar. to
| buy and sGlI sugar cane and other
products, aa we'll sugar, moIasscs and
other articles that may be made
| theretrom; and to this end TO acquire
purchase and hold Sugar Relineries
to purchase sugar cane, and to manu-
facture same into sugar, nolasses nj
cohol or other commodities of trade
tina, can he made or extracted there
from, to sell such products either IN u
raw or manufactured state. to buy and
| purchase crops Of sugar cane or other
articles that can he made therefrom,
| to maintain. conduct and operate a re
| fiuery or central factory, to construct,
maintain and operate tramways, rail
roads and other roads that may be
deemed necessary for the transpnrta-
ton OF cane aud other products, ne
we'll as sugar. molaasea and other arti
cles made thcretfom, to and from the
refinery or central factory Of said cor.
poration, ard generally to do and per
form anything and everything peril
nent or incident to the general pur.
pose herciuhefore stated.
| Article ".
| The capital stock Of this Company is
hereby fixed ~ the sum of Eighty
| Five Thousand Dollars fS,, 900 0Ol to
be divided into eight hundred and if
tv shares ct the par value OF
one hundred dollars each which shall
he paid for in cash or IN the purchase
Of property. All shares Of stock shall
be full paid aud non assessable. NJ
transfer Of stock shall be recognized
or be binding upon the company IN
less made pursuant to its bylaws and
recorded upon the books of the com
pany.
This corporation shall become a go
| ing concern as soon ~ Six thousand
dollars 10000 00) OF its capital stock
shall have been subscribed and paid
for. =