New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1914-03-14
OH ARTFR
OF THE
New Iberia Creamery, Inc.
United States Of America, State of


Of the month OF February, A. D., 1914
before me. Nathan Davis, a Notary Pub
lie in and for the Parish of Iberia, State
of Louisiana, duly commissioned and quail
fled, personally came and appeared tn.
parties whose names are hereunto sub
scribed, all of full age, who declared that
availing themselves of the provisions oil
the laws of the State of Louisiana relative
to corporations, and especially Of Act No
70 of the General Assembly of Louisian.
adopted in 1904, they have covenantee
and agreed. and by these presents they
do covenant and agree and bind them
selves, as we'll as such other persons al
may hereafter become associated with
them, to form and constitute corporation
and body polite in law, for the purposes
and objects and under the stipulations,
articles and conditions following to-wit:
ARTICLE l.
The name and title Of the said corpora
tion shall be "NEW IBERIA CREAM cry
(INCORPORATED)". and it's domicile i,
hereby established in the City of New Ibe
ria, Parish of Iberia, State of Louisiana
and, under it's said corporate name, sale
corporation shall have power and author
rity to contract, sue and be sued; to make
and use a corporate seal, and the same
to break and alter at pleasure; to hold, re
ceive, have, purchase, improve. alien ate
convey, sell, rent borrow, pledge, mort
gage and hypothecate, underi its corporate
name, property, real, personal and mixed
to name and appoint such officers, direc'
tors, agents and managers and employees
as the interest or convience of the said
corporation may require; to make and es-
tablish bylaws. rules and regulations,
for the proper management and regula-
ton of its affairs as may be deemed nee
essary and proper, aud the same to
change and alter at pleasure; and to dc
all other acts and things permitted by law
or as shall or may be necessary and prop
err to carry out the objects and purposes
of said corporation.
Said corporation unless sooner dissol.
we'd in accordance with it's charter, shall
exist and continue for the period of fifty
(50) years from and after the date hereof.
The president, or in his absence, the
vice. president, shall be the proper person
upon whom citation or other legal process
shall be served, and is authorized to sue
on behalf of said corporation without spe.
cial authorization of its Board of Direc-
tors.
| ARTICLE II.
The object and purpose for which this
corporation is organized, and the nature
of the business to be carried on by it, are
declared to be the following, to-wit:
To buy, sell, manufacture and deal in
milk. cream, ice cream. cheese and but
ter and all other products produeed from
milk; handling, managing, owning, opera
ting and controlling a creamery or cream
cries in the usual course of such business,
| and to do and perform all acts and things
usual, requisite and necessary in the op-
GRAFTON of such business.
ARTICLE III.
The capital stock of the said corpora
ton shall be Twenty five thousand dollars
($25, ZOO. O0.) divided into, and represent
ed by Five Hundred (500) shares of the
sum of Fifty (@50.O0) Dollars each, which
stock shall be paid for in cash at the time
of subscription, or the same may be is
sued, at not less than par, in payment or
exchange for property or rights actually
received or purchased by said corporation
or the same may be issued, full paid, for
money advanced, and for such other val
liable considerations or services as the
Board of Directors of said corporation
may determines; provided, that no stock
shall be issued until the consideration
therefor has been received by the said
corporation.
No transfer of stock of said corporation
shall be recognized unless such transfer
thereof shall have been made on the books
of the corporation at its Office in New
iberia, Louisiana. on the surrender Of the
certificate therefor. Notransfer of frac-
tional part of a share shall be made.
This corporation shall commence doing
bus ness as soon as Three Thousand
($3O00.00) Dollars of the capital stock
i shall have been subscribed for.
! The Board of Directors shall have the
right to determine how much stock shall
| be issued.
ARTICLE ".
The corporate powers of this corpora
ton shall be vested in and exercised by a
Board of seven CD Directors, consisting
ofths President, Vics-President, Secre-
tary Treasurer and four az stockholders.
g., Four members of said Board shall
constitute quorum for the transaction
of business aud their decisions shall be-
valid corporate acts.
The President and the members of the
Board shall each be entitled to one vote
on oil matters coming up before the
Board and in the event of a tie vote, the
President or the Vice. President, when
presiding, shall be entitled to an addi-
tional vote to break the said tie.
The said Board of Directors are auth
oriZed to appoint an Assistant. Secretary,
who may serve at Board meetings, but
who shall not have any vote on any mat
ters coming up before the Board.
No person shall be eligible az Director
or officer who is not stakeholder of this
corporation, except the Office of Assistant
Secretary, which Office may be filed by a
person other than stakeholder.
During the absence Of the President
the Vice. President shall act and preside.
The following persons shall constitute
the first Board Of Directors: c. G. Nelson,
President; Nicholas Muller, Vice-Prssi-
dent; P. l.. Renoudet, Secretary Treasu-
rer; Lazard King, Edward T. Weeks,
Henry N. Pharr and Porteas r. Burke.
Said Board shall continue in once un-
til the third Monday in January, 1915. on
which date, and thereafter annually .
Board Of Directors shall be elected on
third Monday in January Of each year, I'M
less the same shall be . holiday, when