New Iberia enterprise and independent observer., 1915-07-03
A .riCI.E

The Capital Stock shall be Flh..s n RI
D'llars $4,000 oo) divided int. III v ~
(6o } shares Of the par value Of T,.s v
Dollars Sag 90 each, which ,tock Al -
for in cash At the time of its ,ub,e,s... ~
such installmen,, as the Board NAV i,r Z y
may be issued in exchange for prou.n, TOf
actually received or purchased by N
tion, or good will, or other valuable esa..s I :
as may be permitted by law, and Atm 3 IN !,
praism-nt BY the Board Of Du.stou 4 l II
poration
No Sock Holder shall ever be k,b met
responsible for the contract OF failure a 80 {
poiatlon, in any further sum than that M. s y
law, nor shall any mere informality IN IN ~ I
tion have the effect of rendering ssN sh,sJ \
or expose said stock holders to any lsIaa 31a
than that specified by law. 1
Fifty per cent Of all stock subwriAVd 4 :.
e actually paid in before the corporation a e
business, and the remainder within Tvew1 101
Il efeaiter under the restrictions pcjnrj !
sa Act a67 of the year 1914 The sas. =
which the capital stock may b- ineresa y
by fixed at the .um Of Forty 1houund ~ ),
(k4o,ooo 90.
rhe Board of Directors shall have n M
to fill vacancies in their number, caused y kat /
resignation or otherwise, from among lk sa
holders of the corporation and nii Dsrh M
have control Of the property Of THE ssnysy "a
shall SO conduct, manage and use the nm n /
their discretion they deem Necessary, NJ xhis$
is consistent with the organization ssl sGi, I
the company; 1t may adopt such rves M M
tons as the affairs Of the eorpontsa -
qaire. employ such laborers, clerk n
agents as may appear desirable, to fx III
mine the salary of each officer and othusa,I
all in accordance with law.
ARTICLE I. =
The cooperate powers Of this COMPANY ~
vested in and exercised by Board Of Asyn
tors, -Four Of which shall constitute gsOrva !
the transaeting Of business There shsl1ka
from the Board Of Directors, a Presidsa, ss ~
President. a Secretary and Treauss,
Board Of Directors shall be elected ou d
Monday in une Of each yesr. Until sti
ton, to be held in the year 1916, tk i64ll
persons shall constitute the first Board " Dr.
{. P. Sims, President, Adeline, L.; d. FA&n
Cy', Vice Presidest, Jeanerette, Lsi
Smith, Secretary, New Iberia, Ia; o. -
ard, Treasurer, St. Martnvile, La; Rds
Taylor, New iberia, La; l. 5 Wsoan, f
'ille, La and r. Z. Delaboussaye, II. MN
Ia. At every election and meeting Of n "
Holders, each stock holder shall bs entitkd -
'ote for each share of stock owned BY m ~
ag by written proxy shall be allowed ~
PROVISIONS of Section II Of said Act s61
ear 1874.
ARTICLE 8. "a
Stockholders meetings for the ~
II Directors shall be held annually q 3,
irst Monday in June, at the do1'@ s
be corporation; notice thereof sasi y
slivered sonally by deposisinis
POST Office, to the proper addrenps !
fockholder, announcement tnera y
EAST fifteen days (l5) bsier y
neeting. At least Two days
aid meeting q complete list offbsM
olders entitled to voto, shall be op's
nspection by the stockholdsrs, 2
lace Of said meeting, all Other D.
I stockholders may be oonduefed
ordance with section 10 Of said 49,
I the year 1914.
ARTICLE
This charter may be changed, -
cd, or the corporation dissoIvee, sa'I
10 terms and conditions, and 10 =
nee with said Act 267 Of the yssf Ha
ARTICLE Z
This corporation shall have all the
I'VE" granted by corporations under sss = M
the year 1914 not otherwise speeihed.
The names and the Post Office adde's s
bscribers in this Corporation and asii'
{ number Of shares Of stock which essn &
take in this corporation, and te'enfu
lue of the property to be given in e1fss
c stock, a. required BY law, is hereto
yether with the valuation placed there's
'ard Of Directors Of this corporation. ~.
Thus done and passed, ., my ofhss,
ty OF New Iberia, Iberia Perish, State 2 , b
u, on the day, month and ye~
itten, in the presence Of the undsn'gse
tent witnesses, after due reading Of the =
illnesses:
Max Levy,
d. Boudreaux. BE