The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-06-22
CHARTER
or THE
JEFFERSON ISLAND COM
PANY, Inc.

of our Lord One Thousand Nine Hun
dred and Eighteen, before me, Will
liam O. Weeks, a Notary Pubic, IN
and for The Parish of iberia, State OF
Louisiana, duly commissioned and
qualified, aud IN the presence OF the
witnesses hereinafter named and un-
designed.
PERSONALLY CAME AND AP.
FEARED, Mr. Edward A Mcllhenuy,
a resident of Iberia Parish. Louisiana,
Mr.. John Lyle Bayless. a resident OF
| anchorage, Kentucky, the said John
LYLE Bayless herein appeared and act
ing for himself personally and also az
agent and attorney In fact for Mr..
| Lawrence Jones, a resident of Louis
Vile, Jefferson County, Kentucky,
who declared and said that, desiring
to avail themselves of the provisions
| Of the laws OF Louisiana with refer
ence to the organization OF corpora
tions, they do hereby form them
selves, and such other persons as may
hereafter become associated with
them, into corporation and body
polite for the objects aud purposes,
and under the articles following, to
wit
4 AK lIlLE L.
The name and title of this corpora
ton shall he Jefferson Island Compa.
ny, Incorporated, and under IT'S said
corporate name, 1t 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-
chase or othefwis hold, receive,
purchase, ALLEVIATE, improve, sell, Dor
row on, pledge, mortgage and hypo-
thecate under it's 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 their
compensation II any, to make bylaws,
rules and regulations for the manage
ment of It's affairs, to conduct business
In this State, and other States, terri
tories and counties to hold stock IN
other corporations. and to do all
things necessary, proper, and desira-
BILE to carry ous1hE objects and pur
poses of this corporation. Unless
sooner dissolved,t under the provi.
siops of this charter the said corpora
tion shall exist'anf continue for a pc
Rod of fifty years
ARTICLE II.
The domicile of the said corporation
Ishall be on Jefferson Island, in the
Parish of iberia, State of Louisiana.
The President, or IN his absence the
Vice President, or in the absence OF
both the above officers. the Secretary
Of this CORPORATION shall be the person
upon whom citation or other legal
process may be served.
ARTICLE Ill.
The objects and purposes for which
this corporation is organized and the
nature of the business to be engaged in
by 1t are hereby declared to be the
buy ing, acquiring leasing, subleasing,
feither for monied rent or other con
sideration) planting aud cuitivatipg
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, refineriesRnd factories for the
purpose Of manufacturing the said ag-
ricultural and other products from
said lands; to construct, maintain and
opei ate tramways, railways and other
roads and means of transportation,
necessary for the conveyance and
transportation of the said raw and
manufactured 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 well as Of stores
and mercantile establishments.
ARTICLE Nv.
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 II may be is
sued at not less than par, In payment
or In exchange for property or rights
actually received or purchased by said
corporation, or IL may be paid for BY
.
ties 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.
ton may determine, provided that no
stock shall be issued until the consid-
Grafton therefor has been received by
said corporation, and 1t being the in !.
tent that the greater part of the Capt.
tai stock Of this corporation shall be
issued for property to be given and
exchanged therefor, there IL attached
and annexed hereto and to be read in
connection herewith an accurate and
detailed and itemized description of
such property SO taken az to ito
amount, location, extent. character
and state Of improvement together
with a statement of it's value as APP
praised by the Directors Of said ccrpo.
ration, the said statement to be depo-
sited, flied and recorded In the Office
If the Secretay of State and Ia the of
flee of the Clerk Of Court of Iberia
Parish, Louisiana. Every sale or
transfer of the capital stock OF the
corporation shall be made on the
books OF the Company at its Office and
on the surrender of the certificate
therefor, Z new certificate shall issue
TO the proper holder thereof.
The capital stock of this corporation
may be increased TO Five Hundred
thousand Dollars in the manner pro-
yided by law.