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

Oh the var Vhiue VI Duc uuuu'Gu
800. O0-Doliars per shares. Said
stock to be paid for In cash, or Ia 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 -five-$25. 900 90
Dollars.
Said corporation shall begin bust
ness as soon IA Ten Thousand $4,000
0O-Dollars Of the capital stock shall
have been subscribed and the sum of
Ten Thousand-$l0, 900 00-Dollars
shsll 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 q Board of Direc.
tors, composed of three members
to be annually elected on the second
Wednesday of February of each year.
From the said directors there shall be
elected annually. a President. a Vice
President and a 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 II. Valet.
Until the election to be held on the
secondlWednesday of February, 1919.
lbe following shall be the officers of
this Corporattop:-G ustave BONN, Jr.,
President; John II. Valet. Vice-Pres-
ident; and George NJ. 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 upexpired 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 teD-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-third- 80
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 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 he
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.
Ii shall appoint agents, employees,
servants and clerks as il may deem
proper, fixing their compensation.
1t shall have the right to fix and de.
termine the salaries of the several of.
ficers herein provided for.
ARTICLE VII.
No shareholder shall ever be held
liable or responsible for the contracts
or faults Of this Corporation in any
further sum than the amount of his
indebtness TO the Corporations; nor
shall any mere informally in organi.
cation have the effect of rendering
this act null. or of exposing any share.
holder to any liability beyond the
amount OF his or her shares.
ARTICLE VIII.
This corporation shall have, enioy
and exercise all the rights, privi-
leges and immunities granted by Act
261 of the Acts of the General Assem-
bly, of the State of Louisiana, in the
year 1914, and all amendments to said
act, and this charter may be changed,
altered or annulled, or this corpora.
ton dissolved, under the terms and
and In accordance with
said act number 267.
ARTICLE TX.
The name and postoffice address Of
The subscribers to these articles of in
and the mum Der OF shares
which each of its stock holders hereby
agree to take and pay, appear oppo-
site their respective signatures.
THUS DONE AND PASSED, at Lo-
reauville. in the Parish of Iberia.
State of Louisiana. in the presence of
Messrs. +. @. Darby and Bertin Mes
layer, good and compete mt witnesses,
who have signed these presence. to.
gether with the appearers and me,
Notary ION the day, month and year,
first above written, after due reading
Of Che whole.
NAME. p. ADDRESS. NO. OF SHARES
Gus BONN, Jr., Loreanvills, La, thirty
Geo. M. Germany, /" thirty
mo. II. wallet, two
Lazard King, New Iberia, La, twenty
lydia Gonsoulin Valet, Loreau-
Vile, La. ....... !. ..... eighteen
F. O. Darby; M. d.
BertintMe stayer