New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1915-02-20

sueu 1ull PAID Tor money advanced.
for such other valuable consideration or
services the Board of Directors of said
corporation may determine provided,
that stock shall be issued until the
consideration therefor has been received
| by said corporation.
The said corporation intending to ac-
qulre the commercial business of Jules
Dreytus u Company, a partnership now
organized in the City of New Iberia, aud
composed of Jules Dteyfus and Henry
Meyer, and to issue stock Tor said bust
ness and all of its assets there is at
tached and annexed her TO and to be read
in connection with this Charter an &C
curate detailed and itemized description
ot such property, together with state
ment of its value as appraised by the
Directors, and the statement of the value
placed upon the good will included in
the capital stock. all in conformity with
Section Three of Act 267 of the General
Assembly OF Louisiana of the year 1914.
Every sale of stock shall be made on
the books of the company at its office
and on the surrender of the certificate
therefor, new certificate being issued
to the proper holder thereof. The CAPT
tai stock OF this corporation may be in
creased TO Fifty Thousand Dollars
This corporation shall commence do
ing business as soon as Fifteen Thou
sand Dollars t$l5 ,00000) of the capital
stock shall have been subscribed for
The Board of Directors shall have the
power to determine how much stock
shall be issued
ARTICLE ".
The corporate powers of this company
shall be vested in and exercised by
Board of three Directors, from whom
shall be elected President, the Vice
President and the Secretary who shall
also be Treasurer. T.
The following persons each declaring
that he or she is the bona fide owner
of a share of stock herein. shall con-
stitute the first Board of Directors:
Jules Dreyfus, whose Post Office ad-
dress is New Iberia, Louisiana; Henry
Meyer, whose Post Office address is New
Iberia, Louisiana; and Mrs. Hermancc
Meyer, whose Post Office address is New
Iberia, LOUISIANA. And Jules Dreyfus
shall be President, Mrs. Hermance Drey-
fus Meyer shall be Vice President, and
iieHiy Meye1, oeCTetaty ana LIZ -OftlcfJ
Treasurer.
The said Board shall continue in Of
flee until the first Monday of January
1916 on which date and thereafter an
nually the Board of Directors shall be
elected, the meeting of the stockholders
being held at Ten o'clock A. NJ of said
day unless the same shall be a holiday,
when the election shall be held on the
next legal day thereafter; and the Board
of Directors so elected shall at once pro-
coed to the election of the officers here
inabove provided for, who shall hold
office for one year.
Notice of the meeting of stockhold-
ers for the purpose of said election and
for other purposes incident to the trans
action of corporate business shall be de-
livsred personally or by depositing in
the Post Office properly addressed to
each stakeholder at least fifteen days
before such meeting.
The Board of d rectors shall appoint
one stakeholder to preside at such cleo
ton as Commissioner. In the event Of
the failure OF the Conn isson to At
tend, the President shall by appointment
fill the vacancy. Any failure from any
cause wha ever to elect Directors the day
named for that purpose shall not dis
solve the corporation, but the Directors
in office, az well as the officers of said
company, shall hold over until their sue
cessors are chos, In such event the
shall eau e another election TO
be held within tbir, days, giving the
notice required by law.
al
shall be entitled to vote for
zach share Of stock registered in his
lame, and may vote by proxy.
The election of Directors shall be by
ballot and majority in amount Of votes
asst, each share OF stock voted upon 10
'e counted for one vote, shall elect the
'srson or persons for whom they have
'een cast.
After each election the Board of DE-
ectors shall elect from their own num-
'er the officers Of said Company.
ARTICLE v.
The full corporate power of this cor
oration is invested in the Board OF
Directors. II shall frame and adopk
UGH by laws, rules and regulations ~
he affairs and business of the CORPORA
ion may require and a. IL may deem
ecessary for the conducting and man
cement thereof, provided the same
hall not conflict with this Charter ~
nth the laws of the State and of the
United States. II shall appoint asents,
Employees, servants and clerks 40 IL
'sy deem proper, fixing their tompen-
'tion, term OF service, and discussing
hem ct pleasure, and shall have The
ght to fix and determine the sa,arns
the several officers herein provided
".
ARTICLE vi.
In the case of dissolution or .sriaina-
on of this corporation, either By .i,0i-
tion of its Charter or from any cause.
- liquidation of its aha r. shall be
indicted by one liquids.or sslec'sl ~
,e stockholders with all the authority
rsnted by provisions of Section ~ Of
ct ~ Of the General Assembly Of
~.
Thus done and passed At my notarial
lice in the City of New iberia, en- this
9TH day Of December 1914, in the pres
ace Of Nessrs. Walter J. Burke and
G. Biumenthal, good and competent
who bersunto sign thsir
ames together with said parties and