The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-05-25
CHARTER
OF THE
JEFFERSON ISLAND COM.
PAMY, Inc.

OF our LOr0 One IDOusADO Nine huu
dred and Eighteen, before me, Will
liam q. Weeks, a Notary Public, in
and for the Parish Of iberia, State OF
Louisiana, duly commissioned and
qualified, and IN the presence OF the
witnesses hereinafter named and I'M
dersiRned.
PERSONALLY CAME AND APP
FEARED, Mn Edward A Mcllhenny.
resident Of Iberia Parish, Louisiana, ,
Mr.. John Lyle payless, a resident of
anchorage, Kentucky. the said John
Lyle Bayless herein appeared and act
ing for himself personally and also as
agent aud attorney in fact for Mr..
Lawrence Jones, q resident or Louis
willie, Jefferson County. Kentucky,
who declared and said that, desiring
to avail themselves of the provisions
OF the laws OF Louisiana with refer
once to the organization OF corpora
tons, they do hereby form them
selves, and such other persons as may
hereafter become associated with
them, into a corporation and body
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 said
corporate name, IL shall have the
power and authority to contract to
sue and be sued, to make and use q
corporate seal and same to break and
alter at pleasure. to acquire by rur'
oh hnr urtun nj
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 az may be desirable, to pre-
scribe their duties and to fix theiI
compensation II any, to make bylaws
rules and regulations for the manage
ment Of It's affairs, to conduct bushes,
In this State, and other States, terri
tories and counties to hold stock IN
other corporations, and to do al
things necessary, proper, and desira
BILE to carry out the objects and pur
poses Of this corporation. Unles,
sooner dissolved, under the provi
sions Of this charter the said corpora
ton shall exist and continue for pc
Rod Of fifty years
ARTICLE ii.
The domicile Of the said corporation
shall be on Jefferson Island, in tn,
Parish of iberia, State of Louisiana
The President, or in his absence tn,
Vice President, or In the absence o
both the above officers, the Secretar,
Of this CORPORATION shall be the persoI
upon whom citation or other lega
process may be served.
ARTICLE III.
The objects and purposes for which
this corporation is organized and thu
nature Of the business to be engaged II
by II are hereby declared to be thu
buy ing. acquiring leasing. sxbleasing
(either for monied rent or other con
sideration) planting and cultivatinj
OF farm lands. the buying, selling ant
otherwise disposinG Of lands and o
all aud every kind OF crop or crop
grown and raised on farm and agri
cultural lands, the advancing of mon
ey, funds, and supplies to tenants o
other individuals on their Rrowin
crops and produce. the establishing O
mills, refineries and factories for tn
purpose OF manufacturing the said az
rlcu!tural and other products from
said lands; to construct. maintain an,
0pef ate tramways, railways and othe
roads and means Of transportation
necessary for the conveyance an,
transportation of the said raw an,
manufactured products, and geuerall
to do all things necessary to the rails
ing, growing, cultivating, buy ing. sell
IND, lending money on and otherwis
, producing and handling OF agricul
tural products, and the acquiring G
lands, and tha disp0sing OF same an
the establishing and operating g
| mills and factories as we'll as Of store
, and mercantile establishments.
ARTICLE Nv.
II The capital stock Of said corporatio
shall be One Hundred Thousand Do
lars, divided into and represented b
one thousand shares Of the par valu
J Of One Hundred Dollars each, whic
said stock shall be paid for in cash 8
, the time Of issuance, or Il may be i
sued 1t not less than par, In paymsr
or In EXCHANGE for property or right
, actually received or purchased by sal
. corporation, or 1t may be paid for b
promissory notes Of fairly solvent pa
ties equivalent to cash end accepte
by said board - such equivalent, an
at not less than par value of said stool
or for such other valuable consider
, tions or service actually rendered :
the Board Of Directors OF said corpor,
: zion may determine, provided that .
stock shall be issued until the consi,
b GRAFTON therefor has been received
said corporation. and it being the /,
tent that the greater part of the Can
tai stock Of this corporation shall
iooued for property TO be given an
exchanged therefor, there ID attache
and annexed hereto and to be read
connection herewith IN accurate an
. detailed and itemized description ,
such property so taken az to 4
: amount, location, extent, characta
and state OF improvement togeths
} with Z statement of its value @ al
,. praised by the Directors Of said corp,
ration, the said statement to be dep,
/. sitsd, Aled and recorded In the oflc
D at the Secretay of State and In the o
> fice Of the Clerk Of Court of lberi
Parish, louisiana. Every sale I
: transfer Of the capital stock OF III
corporation shall be made on I'll
, books OF the Comp1uyat ito Office an
! on the surrender Of the certificai
; therefor, new certificate shall issu
to the proper holder thereof.
The capital stock Of this corporate
may BE- increased to Five Hundre
thousand Dollars In the manner or,
D vidod nv Law.