The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-01-12
GARTER
WALLET COMPANY, INC.
State of Louisiana,
Parish of IBERIA.

day of the month of January, In the
year of our Lord, one thousand nine
hundred and eighteen, before me, \.
NJ. COMPTON, a Notary Public, duly
and qualified, in and
for the Parish and State aforesaid, ana
IN the presence OF the undersigned
witnesses.
PERSONALLY CAME AND APP
FEARED. the several persons whose
names are hereunto subscribed, who
declared that, avasffng> themselves OF
the benc fit of the laws OF the State OF
Louisiana, relative to the organiza-
ton of corporations, they have form
ed and organized, and by these pres
ent do form and>organize themselves,
AS we'll as such oliTesspersons as may
hereafter joipeWitb them, or their sue
cessors, intofa corporation for the OBJ
ieets and /purposes~~and stipulations
and agreements, following, to witt
ARTICLE |.
The maine and style of this corpora
ton shall\be VALET COMPANY, IN
CORPORATED, under Which name
aud title 1t Ahall enjoy fuccession of
property and aA rights,privileges and
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 aud use cor
porate seal, and the same to alter aud
break at pleasure, to have, hold and
receive, purchase, sell, convey, lease,
pledge, bond, hypothecate and mort
gage property of any anu all kinds,
real and personal or mixed, corpureal
or incorporeal to have apd appoint
such managers, directors and officers
and agents as the business may re-
uulre, and to make and establish, as
we'll as to alter and amend, from time
to time, such bylaws, rules and regu-
lations for the proper management
and government of the affairs of said
corporation 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
it's objects and interest.
ARTICLE IL.
The domicile of this corporation
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
Corporation are declared to be: To
carry on and conduct general mer-
chandise business in the town of Lo-
feauville, Iberia Parish, Louisiana, or
elsewhere, with power to buy. sell
and exchange all classes of goods,
wares, merchandise, and in fact, to do
general merchandise business, aud
to, If desired, operate wholesale and
jobbing business in such line or lines
IL 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 as are
required; and to carry out the purpo-
SEES 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
m ortgage, pledge or otherwise; to
lend money and make advances based
upon crop securities or such other Sc
curities as may be deemed desirable;
to own and ,operates~any factory or
plant for the purpose of converting
the products ofthe farm into manu-
featured articles of any nature what
ever.
ARftCLE ".
The capital stock of this corporation
Ia hereby declared to be the sum q
TIE n Thousand $40. 00OO 90 Dollars,
divided into one -lO0--shares
of the rarl value Of One Hundred
-$lOO00-Uollars pen shares. Said
stock to be ppid for in cash, or in ex-
change for sueh properly as may be
authorized by law and made in con-
formlty 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 BUSH
ness as soon as Ten $I000O.-
OO--Dollars Of the capital stock shall
have been subscribed aud the sum of
Ten Thousand-sl0 ,000. 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-busipess affairs
of this corporation shall be managed
and conducted By a 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, President. Vice
President and a Secretary-Treasurer,
Of the said corporation. The follow
ing persons shall constitute the FIRST
Board of Directors, to wit:-Gustaye
BONN, Jr., George n. Germany and
John II. Wallet.
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