New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-12-09

The capital stock of this corporation
is fixed at Five Thousand Dollars
(S5 100000, divided into and represent
ed by Fifty so, shares of the par value
Of One Hundred Dollars ($100.0O eacn
This corporation shall be authorized &c
commence business as soon as four thou
sand dollars of its capital stock shall
have been subscribed and paid for. The
remaining portion of the authorized cap
ital NAV be issued from time to time and
in such manner as the Board of Direc-
tors may deem to be to the best inter
est of said corporation.
ARTICLE w.
The name and post-office addresses of
the subscribers to these articles of in
corporation and the number of shares #
stock which each of its stock holders
hereby agree to take and pay for, as fol-
lows: George J. Sabatier Solange Z.
Sorrel and Walter J. Burke.
ARTICLE v.
The corporate powers Of this corpora
ton shall be vested in and exercised by
board of directors composed of three
stockholders, which board shall be
elected at its annual meeting of the
stockholders of said corporation to be
held on the third Wednesday of Novem
Der of each year. The first annual meet
ing of said stockholders to be held on
the third Wednesday of November 1917.
Until the first annual meeting of said
stockholders, the directors of this cor
poration are declared to be: DR.. Geo.
]. Sabatier, whose post office address is
New iberia, La; Walter J. Burke, whose
post office is New Iberia, La, and
Solange E. Sorrell, whose post-office ad
dress is Olivier. La.
The officers Of this corporation shall
be a president. vice president, secretary
treasurer; who shall be elected from
among tho directors, and Immediately
following the annual election held bv
the stockholders.
Until the election to be held on ,the
3rd Wednesday of November, 1911, the
following shall be the officers of this
corporation: DR.. George J. Sabatie-,
president; Walter J. Burke. vice-presi
dent and Solange E. Sorrell, secretary
of directors shall be filled by the remain
ing members of the Board for the unex-
pired term. Any vacancy in any office
shall be filled by the Directors for the
unexpired term.
ARTICLE vi.
The capital stock of this corporation
may be increased in accordance with
law to the sum of Fifty Thousand ESQ.,,
100000 dollars.
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or faults of this corpora
ton in any further sum than the unpaid
stock subscribed for herein; nor shall
any mere informality in the organiza-
hon have the effect Of rendering this
charter null and void, or of exposing al
to any liability other than
herein provided.
Thus done and signed in the City CT
New Iberia, Parish of iberia. State Of
Louisiana. in the presence of Messrs.
los. J. Smith and julius Scharff, good
ind competent witnesses, who have
lereunto signed as such, together with
laid appearers and me, Notary, on the
lay, month and year first above writ
en-.
Original Signed)
6. J. Sabatier, p o., New iberia, La
Solonge E. Sorrell. P. O., Olivier, La. |
Walter ]. Burke, P. O., New Iberia. La. |
Witnesses:
Jos. J. Smith,
Julius Scharff.
F. w. BAUMAN, Notary Public |
hereby certify the foregoing to be
true and correct copy of the charter
n file in this office in Charter Book J..
'olio 185.
L. r. TILLY.
Deputy Clerk |