The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-02-09


l00.00-Dollars per shares. Said
stock to be paid for in cash, or in ex-
change for such property as may be
authorized by law and made in con-
formity with legal provisions.
The capital stock may be increased,
In the manner prescribed by law. to
the sum of Twenty -fve-S25. 900 90
Dollars.
Said corporation shall begin BUSH
ness as soon as Ten Thousands $4,000.
0O-Dollars of the capital stock shall
have been subscribed aud the sum of
Ten Thousand-$l0, 900. 00-Dollars
shall have been paid for.
ARTICLE v.
The corporate powers of this cor
poration shall be vested IN and exer-
cised by. and all the business affairs
Of this corporation shall be managed
and conducted by Board of Direc-
tors, composed of three-3-members
to be annually elected on the second
Wednesday of February of each year.
From the said directors there shall be
elected annually. q President, Vice
President and q Secretary Treasurer,
Of the said corporation. The follow
ing persons shall constitute the first
Board of Directors, to .wit:-Gustave
BONN, Jr., George M. Germany and
John H. Valet.
Until the election to be held On the
second}W "Wednesday of February, 1919,
The following shall be the officers of
this COrporat1on:-Gustave BONN, Jr.,
President; John H. Valet, Vice-Pres-
ident; and George M. Germany, Secre-
tary-Treasurer. Any vacancy on the
Board of Directors shall be filled by
the remaining members of the Board
for the unexpired term. ANY vacancy
in any Office shall be filed by the Di.
rectors for the unexpired term.
Notice Of stockholders meetings
must be delivered personally or by
depositing same in the post office, pro-
perly addressed to each stakeholder,
at least ten-l0-days before such
meeting. Other stockholders meet
ings may be held when ordered by the
Board of Directors or the holders of at
least thirty-three and one-th1rd-33-
B-per cent of the outstanding stock.
Failure from any cause to elect di-
rectOrs on the day named for the pur-
pose, will not dissolve this corpora
ton, but the directors in Office, as we'll
as the other officers of this corpora
ton, shall hold over until their sue
cessors are chosen. In such event the
President shall cause another election
to be held within thirty-3O--days.
and at a date and hour named by him,
giving the notice to the stockholders
as required by law.
At every election and meeting, each
stakeholder shall be entitled to one
vote for each share of the capital stock
OF the corporation standing in his
name. ane he may vote such stock BY
written proxy given. to any other per-
son to represent him at such meeting.
The election of Directors shall be
by ballot add the majority of the
amount OF votes shall elect the person
Or persons for whom they have been
cast.
ARTICLE vi.
The Board of Directors shall frame
and adopt such bylaws and rules and
regulations as the affairs and the bu-
siness of the corporation may require,
and as 1t may deem necessary for the
proper management, provided, the |
same shall not conflict with this chart
er or with the laws of the State of
Louisiana, and Of the United States. |
1t shall appoint agents, employees, |
servants and clerks as it may deem |
proper, fixing their compensation.
It shall have the right to fix and de-
ermine the salaries of the several of.
Icers herein provided for.
ARTICI VIZ
No shareholder shall ever be held
liable or responsible for the contracts
,r faults of this Corporation in any
urther sum than the amount of his
ndebtness to the Corporation; nor
hall any mere informally in organi.
alton have the effect of rendering
his act null, or of exposing any share
lolder to any liability beyond the
mount OF. his or her shares.
ARTICLE VIII.
This corporation shall have. en;ov
nd exercise all the rights, priv.
eyes and immunities granted by Act
81 of the Acts of the General Assem-.
'ly OF the State of Louisiana, in the
ear 1914, and all amendments to said
Ct, and this charter may be changed.
ltered or annulled, or this corpora.
ion dissolved, under the terms and
onditions and in accordance with
aid act number 267.
ARTICLE TX. II
The name and postoffice address of
ne subscribers to these articles of in.
orporatiOns and the number OF shares
hitch each OF its stockholders hereby
gree to take and pay, appear oapo-
ito their respective signatures.
THUS DONE AND PASSED, at Lo-
eauville. In the Parish of Iberia.
tate of Lo0isiana, in the presence of
lessrs. +. @. Darby and Berth Mes
aver. good and competent witnesses.
no have signed these presence, to.
ether with the appearers and me.
otary ION the day, month and year.
rst above written, after due reading
t the whole.
AME. P. o. ADDRESS NO. OF SHARES
US BONN, Jr, Loreauvills, La, thirty
60. "a. Germany, thirty
no. II. Valet, " two
azard king. New Iberia, La, twenty
ydia Gonsoulin Valet, Loreau-
Viiie, La. !..............e eighteen
'ITNESSES:-
F. o. Darby, N. D.
Berth Mestayer
G. NJ. Compton
Notary Public
Filed this 1lthI day Of January A. d.
10.
l hereby certify the within to be a
ne c0nv of the oriuioaI cho..o, GIL