The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-06-15
CHARTER
JEFFERSON ISLAND COM.
PAhY, Inc.

udy VI tnS IIOulli vi Wa III thS CO
of our Lord One Thousand Nine Hun
dred and Eighteen, before me, VIII
liam G.. Weeks, a Notary Public, ii
and for the Parish of Iberia, State o
Louisiana, duly commissioned an(
qualified, and IN the presence of the
witnesses hereinafter named and I'm
dersigned.
PERSONALLY CAME AND APP
FEARED, Mr. Edward A Mcllhenny
a resident Of Iberia Parish, Louisiana
Mr.. John Lyle Bayless. a resident o
anchorage, Kentucky, the said Johr
Lyle Bayless herein appeared and act
ing for himself personally and also a,
agent and attorney in fact for Mr.
Lawrence Jones, resident of Louis
vile, Jefferson County, Kentucky
who declared and said that, desiring
to avail themselves of the provision
of the laws OF Louisiana with refer
ence TO the organization OF corpora
tons, they do hereby form them
selves, and such other persons as may
hereafter become associated will
them, into corporation and bod,
polite for the objects and purposes
and under the articles following, to
wit
ARTICLE L.
The name and title of this corpora
ton shall be Jefferson Island Compa
ny, Incorporated, and under its sai(
corporate name, it shall have tn,
power and authority to contract tt
sue and be sued, to make and use s
corporate seal and same to break an(
alter at pleasure, to acquire by Tur
chase or otherwise, hold, receive
purchase. ALLEVIATE, improve, sell, Dor
row on, pledge, mortgage and hypo
thecate under its corporate name
property real, personal and mixed
to name and appoint such officers, di
rectors, agents and managers or EN-
ployees as may be desirable, to pre-
scribe their duties and to fix thei
compensation if any, to make bylaws
rules and regulations for the manage
ment of its affairs, to conduct bushes.
in this State, and other States, terri
tories and counties to hold stock II
other corporations, and to do AL
things necessary, proper, and desira
bic to carry out the objects and pur
poses Of this corporation. Unless
sooner dissolved, under the provi.
sions of this charter the said corpora
ton shall exist and continue for a pc.
Rod of fifty years
ARTICLE II.
The domicile of the said corporation
shall be on Jefferson Island, in the
Parish Of iberia, State of Louisiana
The President, or in his absence the
Vice President, r in the absence oil
both the above officers, the Secretary
of this corporation shall be the person
upon whom citation or other legal
process may be served.
ARTICLE III.
The objects and purposes for which
this corporation is organized and the
nature of the business to be engaged in
by it are hereby declared to be the
buying, acquiring leasing, subleasing,
either for monied rent or other con-
sideration) planting and cultivating
of farm lands. the buying, selling and
otherwise disposing of lands and of
all and every. kind OF crop or crops
grown and raised on farm and agri-
cultural lands, the advancing of mon
ey, funds, and supplies to tenants or
other individuals on their growing
crops and produce, the establishing OF
mills, refineries and factories for the
purpose of manufacturing the SAID ag-
ricu!tural and other products from
said lands; to construct. maintain and
operate tramways, railways and other
roads and means of transportation,
necessary for the conveyance and
transportation of the said raw and
products, and generally
to do all things necessary to the rails
ing. growing. cultivating, buying, sell
ing. lending money On and otherwise
producing and handling OF agricul.
tural products, and the acquiring OF
lands, and the disposing of same and
the establishing and operating of
mills and factories as we'll as of stores
and mercantile establishments.
ARTICLE ".
The capital stock of said corporation
shall be One Hundred Thousand Dol
lars, divided into and represented by
one thousand shares of the par value
Of One Hundred Dollars each, which
said stock shall be paid for in cash at
the time OF Issuance, or it may be is
sued at not less than par, in payment
Or in exchange for property or rights
received or purchased BY said
or it may be paid for BY
promissory notes of fairly solvent par
lies equivalent to cash end accepted
BY said board as such equivalent, and
at not less than par value of said stock,
Or for such other valuable considera-
lions or service actually rendered as
The Board Of Directors of said corpora.
ion may determine, provided that no
stock shall be issued until the consid-
Grafton therefor has been received by
said corporation, and it being the in
tent that the greater part of the Capi-
,al stock of this corporation shall be
issued for property to be given and
exchanged therefor, there is attached
and annexed hereto and to be read in
herewith an accurate and
detailed and item1zed description of
such property so taken as to it's
amount, location, extent, character
md state of improvement together
with a statement of it's value as an
praised by the Directors of said corpo-
'ation, the said statement to be depo-
'ited, filed and recorded in the Office
If the Secretay of State and in the of
ice of the Clerk of Court of Iberia
Parish, Louisiana. Every sale or
ransfer of the capital stock of the
shall be made on the
books of the Company at its Office and
IN the Surrender of the certificate
herefor, new certificate shall issue
o the proper holder thereof.
The capital stock of this corporation
nay be increased to Five Hundred
thousand Dollars in the manner pro-
'ided by law.