New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-09-30
Children CRY
FOR FlETcHER'S
& a 8 r @ RIA
tAdvertisero enr
------------------ I------------
ACT OF INCORPORATION
OF THE
AlqeIS Z MISSIONER DREDGING Co. Inc.

iSldud, I dIlSH OF iberia.
Be 1t Known by these presents tn
on this 23rd day of September, A. [
1916, before me- the undersigned Notar
duly commissioned and qualified with
and for the Parish of Iberia, State
Louisiana, and in the presence of tt
witnesses hereinafter named and unde,
signed, personally came and appeared th
three natural persons of full age, who's
names are hereunto subscribed, who de
clared, that availing themselves of tn
provisions Of Act No. 267 of the Acts q
the General Assembly of the State Q
Louisiana, of the year 1914, they hav
formed and organized and by thes
presents do form and organize them
selves as we'll as such other persons a
may hereafter join with them or thel
successors, into a corporation, for tn
objects and purposes and under the GOV
enants, stipulations and agreements fol
flowing, to-wit:
ARTICLE /.
The name, style and title of this cor
poration shall be The Anglers & Mestayel
Dredging Company, Inc, and under sale
name it shall enjoy a corporate existence
; and succession for full term and period
of ninety-nine 1927 years.
1t shall have power to contract, sue
| and be sued, to make and use corp
crate seal and the same to alter and
break at pleasure, to have, hold and re-
ceive, purchase, sell, convey, lease, pledge,
bond, hypothecate and mortgage property
of any and all kinds, real personal or
mixed, corporal or incorporeal, to have
and appoint such managers, directors,
officers and agents as the business may
require, and to make and establish as
we'll as to alter and amend from time to
time such bylaws, rules and regulations
for the proper management and govern
ment of the affairs of said corporation as
may be nee ssary and proper, and gen.
orally to possess all the powers herein
after mentioned and that are now or may
be hereafter conferred by law or neces-
sary to promote its objects and interests
ARTICLE II.
The domicile of this corporation shall
be at the City of New Iberia, Parish of |
Iberia, State of Louisiana. where service !
Of citation or other legal process shall be
made up the President of said corpora
ton or in his absence upon the Secrs-
tary- Treasurer of said corporation and
IN any other manner provided for by
aw.
ARTICLE III.
The object and purposes for which this
corporation is organized and founded.
md the nature of the business to be car
led on by it, are declared to be. To en-
age, by contract or otherwise, in works
+ land dredging, drainage and land
Exclamation; to own and operate dredRes
nd to traffic in the same; to buy and
ell municipal, drainage and land devel-
pement and reclamation bonds and 20
raffic in the same; to buy and sell lands;
reclaim and develop lands; to own
nd operate machine shop or shops
nd foundry; to manufacture dredges or
Their drainage appliances; and in gen
'al to do and perform any and all
lings necessary or germane to the ac-
'mplishment of the objects and pur-
oses herein set forth.
ARTICLE w.
The capital stock of this corporation
hereby declared to be the sum of Fifty
housand Dollars ($5O,OOOOO), divided
Five Thousand shares of the par value
One Hundred Dollars EACH said stock
to be paid for in cash or in exchange
such property as may be authorized
law and made in conformity with
gal provisions. The capital stock NAV
the manner prescribed by law be in
sased to the sum of One Hundred and
fty Thousand Dollars. The said corp
alton shall begin business as soon as
Venty Thousand Dollars of tn.
oital stock have been subscribed for
d the amount required by law shall
re been paid in.
And now this corporation intending to
Iuire the dredging business and the
dges of Anglers & Mestayer, a part
ship composed of Lewis Anglers and
ICY Mestayer, domiciled in the CITY of
" Iberia. Parish of Iberia, State Of
lisiana, and also certain dredge boat
onging individually to the said Percy q
slayer, and to issue stock for said bus
IS and said dredge boats, there is at n
led and annexed hereto, and to be
in connection with this Charter, an
irate detailed and itemized descrip-
of said property, together with
ement of its value as appraised by
Directors, and in conformity with
lion Three of Act 267 of the General
emily of the State of Louisiana of
year 1914.
ARTICLE v.
u Of the corporate powers Of said
Grafton shall be vested in and exer-
by and all the business affairs of
corporation shall be managed, con-
ed and operated with full, complete
plenary authority by Board of Di-
RS composed of three 80 members
re annually elected on the second !
day Of September of each year. All
elections shall be by ballot and
e OF the meeting of the stockholders
his corporation, for this purpose.
be given in the manner required 4
wv. The Directors elected shall con-
to hold their office until their suc-
rs shall have been elected and in
ID. and anv vacancy o~rr~~:.-