The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-02-23
CHARTER
WALLET COMPANY, INC.
State OF Louisiana,
Parish Of Iberia.

BE 1T KNOWN. That on this 10th
day of the month of January, In the
year of our Lord, one thousand nine
hundred and eighteen, before me, c.
NJ. COMPTON, a Notary Public, duly
for the Parish and State aforesaid. and
in the presence of the undersigned
competent Witnesses.
PERSONALLY CAME AND APP
FEARED, the Sc veral persons whose
names are hereunto subscribed, who
declared that, ayailing themselves of
the benefit of the laws Of the State of
Louisiana, relative to the orRaniza-
ton of corporate ions, they have form
ed and organized, and by these pres
ent do form and Organize themselves,
as well as such other persons as may
hereafter join with them. or their sue
cessors, into corporation, for the OBJ.
jects and purposes and stipulations
and agreements. following, to wit
ARTICLE /.
The name and style of this corpora
ton shall be VALET COMPANY. IN.
under which name
and title it shall enjoy succession of
property and all ights. privileges and
immunities granted by law unto cor.
porations in the State of Louisiana,
for period Of ninety-nine (99) years
from date hereof.
1t shall have power to contract, sue
and be sued, to make and use cor
porate seal. and the same to alter and
break at pleasure, to have. hold and
pledge, bond, hypothecate and mort
gage property OF AM and all kinds,
real and personal or mixed. corporal
or incorporeal; to have and appoint
such managers, directors and officers
and agents as the business may re-
quire. and to make and establish, as
we'll as to alter and amend, from time
to time, such by laws. rules and regu.
lations for the proper management
and government of the affairs of said
as may be necessary and
proper, and generally, to possess all
the powers hereinafter mentioned, and
that are now or may hereafter be con.
ferred by law, or necessary to promote
its objects and interest.
ARTICLE II.
- he uOmiCllc VI UulD COIPOTatIOu
shall be at Loreauville, in the Parish
of Iberia, Louisiana, where service Of
citation or other legal process shall
be made upon the President OF said
Corporation, or in his absence, upon
the Secretary Treasurer of said Cor.
poration, and in the absence of either,
upon any other officer as may be des.
ignated by law.
ARTICLE III.
The objects and purposes Of this
are declared to be: To
carry on and conduct a general mer-
chandise business in the town of Lo.
Iberia Parish, Louisiana, or
with power to buy, sell
and exchange all classes of goods.
wares, merchandise, and in fact, to do
a general merchandise business, and
to, If desired, operate a wholesale and
jobbing business in such line or lines
it may desire to handle, and to open
such branch store or stores as it may
desire and in the interest of said bu.
siness, to make such advances a. are
required; and to carry out the purpo-
ses hereof, 1t shall have power to re-
ceive security by way of mortgage or
pledge, and to borrow money and is-
sue notes and to secure the same BY
pledge or otherwise; to
lend money and make advances based
upon crop securities or such other Sc
curities as may be deemed desirable;
10 own and operate any factory or
plant for the purpose of converting
The products of the farm into manu-
actured articles of any nature what.
ever.
ARTICLE Nv.
The capital stock of this corporation
8 hereby declared to be the sum OF
n Thousand $40. 900. OO-Dollars
divided into one Observation-Disclosures |
If the par value of One Hundred |
800 O0-Dollars per shares. Said /
took to be paid for in cash. or in ex-
'hange for such property as may be
by law and made in con.
ormity with legal provisions.
The capital stock may be increased,
q the manner prescribed by law, to
he sum of Twenty-6ve-$25. OO0. o.
dollars.
Said corporation shall begin bust
ess as soon as Ten Thousands 10000.
D-Dollars Of the capital stock shall
ave been subscribed and the sum of
en- Thousand-$10. DOC. 00-Dollars
hall have been paid for.
ARTICLE v.
The corporate powers Of this cor
oration shall be vested IN and exer- /,
sed by. and all the business affairs
this corporation ahall be managed
i'd conducted by Board Of Direc- q
RS, composed Of three-3-msmbefs
be annually elected on the second 9
'ednesday Of February Of each year. i
rom the said directors there shall be
ected annually. alPresidsnt, Vice {