New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1914-03-21

milk and all of its products and by
products, such as butter, buttermilk
cheeses, ct cetera, to buy, sell, breed and
raise cattle, horses, hogs and live stock
of every kind and description to butch
er and sell the beef, pork and other pro
ducts of cattle and other live stock; to
acquire and own wagons, horses, milk
wagons and other appliances and i'm
plemeats used in the aforesaid business,
and to do and perform all acts and
things usual requisite and necessary in
the operation and conduct of the said
business.
ARTICLE III.
The capital stock of the said corpora
ton shall be Three Thousand Dollars
($3OOOOO) divided into Thirty Shares
of the par value of One Hundred Dollars
($1000O) EACH which stock shall be
paid for in cash at the time of sub
scription, or the same may be issued 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 or for such other valuable con-
sideraton or services as the Board of
Directors of said Corporation may de-
termine; provided that no stock shall
be issued until the consideration there
for has been received by the said cor
poration.
No transfer of stock of said corpora
ton shall be recognized unless such
transfer thereof shall have been made
on the books of the corporation on the
surrender of the certificate therefor.
This corporation shall commence do
ing business, as soon as all of the cap
ital stock shall have been subscribed for.
ARTICLE w.
The corporate powers of this corpora
ton shall be vested in and exercised by
Board of Three (3) Directors, elected
from among the stockholders, consisting
Of the President Secretary and one
Stakeholder A majority of said Board
shall constitute a quorum for the trans
action of business. .. g
The following named persons are de-
clared to be the incorporators of this
Company as follows: Julien T. Ewes
Twenty Eight shares; Mrs. Mary Y.
Ewes One (D share and Alexander P.
Ewes, One a. share. And the said in
corporators shall constitute the First
Board of Directors, with Julien T. Ewes
as President, and Alexander P. Ewes as
Secretary. They shall hold their offices
until their SUCCESSORS have been duly
elected. The Directors are to be elected
annually, on the Third Tuesday of jan
uary of each year, by ballot at the office
of the said corporation, under the super
vision of one commissioner to be ap-
pointed by the President, after ten days
written notice to the stockholders. Each
share &c stock sh.l! be entitled to one
vote, in person or by proxy, and ma
jority of the votes cast shall elect. Any
vacancy on the Board of Directors shall
be filled for the remainder Of the year
by election by the remaining directors.
A failure to elect directors on the
date specified, shall not dissolve this cor
poration, but the directors then in office
shall remain in office until their sue
cessors are elected, and they shall, ~
soon as possible cause an election to be
held - above provided. At the first
meeting following their election, they
shall elect one of their number to be
President and another to be Secretary.
ARTICLE v.
The said Board of Directors shall have
full control and management Of the prop
srty, business and affairs of this corpo-
ration and shall conduct, manage and
Use the same as in their discretion they