New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-04-08
ACT OF INCORPORATION
OF THE
s5GuRA REALTY CO., INC.

Be it known by these presents, tina
| on this 9th day of March, 1916, before
me, the undersigned Notary, duly com
| missioned and qualified in and for the
| Parish of Iberia, State of Louisiana, ano
| In the presence of the witnesses herein
after named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed
who declared that availing themselves OF
the benefit of the laws of the State Of
Louisiana relative to the organization of
corporations, they rave formed and or
gained and by these presents do form
and organize themselves, as we'll as sucn
other persons as may hereafter join with
them or their successors, into a corpora
ton, for the objects and purposes and
under the covenants, stipulations and
agreements following. to-wit:
ARTICLE l.
The name and style of this corporation
shall be Ssgura Realty Co., Inc, and un-
der said name it shall enjoy a corpora te
existence and succession tor 4 full term
and period of ninety nine years
1t shall have power to contract, sue
and be sued, to make and use a corpo-
rate 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, pers-
onal or mixed, corporeal or incorporeal
to have and appoint such managers, di-
rectors and officers and agents as the bus
mess may require, and to make and es.
tablish, as well as to alter and amend
from time to time such bylaws, rules
and regulations for the proper manage
nent and government of the affairs of
sad corporation as may be necessary and
proper, and generally to possess all the
powers hereinafter mentioned, and that
are now or may be hereafter conferred
by law, or necessary to promote its Ok
jects and interests
ARTICLE II.
The domicile of this corporation shat
be at New Iberia, Parish of Iberia, State
Of Louls:aAa, where service of citation or
other legal process shall be made upon
the President OF said corporation, or IN
his absence. upon the Secretary Treas
ursr of sad Corporation, and in the ap-
sence of either, upon any other officer
as may be designated by law
ARTICLE III.
The objects and purposes for which ,
his corporation is organized and founded
and the nature of the business to be car
lied on are hereby declared to be. To |
lcquire BY purchase or by other lawful |
means and to own and operate thereon
ands, buildings, improvements of all |
Kinds necessary to the aims and Dur
poses of this corporation, which are de-
Jared to be farming operations of all
finds, the manufacture and sale of sugar
md other products of cane; the opera1-
ng of stock farms; the making of ad-
'ances and the lending of money based
pon crop securities o. such other securi
les as may be deemed desirable; to swn
nd operate any factory or plant for the
purpose of converting the products of
he farm into manufactured artieles of
ny nature whatever.
ARTICLE ".
The capital stock of this corporation
, hereby declared to be the sum Of
'wenty Thousand Dollars, divided in two
undred shares Of the par value Of One
hundred Dollars per share. Said stock
, be paid for in essh, q in exchange ia,
seh property . may b astlesissd bv
~ and nsds h esnfesnity viii leeai |