St. Landry clarion. (Opelousas, La.) 1890-1921, 1918-03-23
ARTICLE OF INCORPORATION
Or
1.-THE slBtLLE Co. INC"
UNITED STATES OF AMERICA.
STATE OF LOUISIANA,
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Be it known, That on this 31st da.
Of January, A. D., 1918, before me
DUDLEY L. GUILBEAU, a Notar,
Public, duly commissioned, qualified
and sworn, in and for the State an.
Parish above written, and in thu
presence of the witnesses hereinaftel
named and undersigned, PERSONAL.
came and appeared the several per
sons whose names are hereunto sub
scribed, all of the age of majority
who declared that availing themselves
Of the Laws Of the State of Louisiana
relative to the organization of Cor
porations, they hereby form them
selves, and such other persons as may
hereafter become associated with
them, into and constitute a corpora,
ton for the objects and purposes.
hereinafter set forth, and embodied in
the following Article, which they
hereby adopt as their Charter, to-wit.
ARTICLE /.
The name of this Corporation shall
be 'THE sIBILLE CO, INC" and by
this name it shall have corporate ex-
istence for a period of ninety nine
(s9) years from the date hereof, IN
less sooner dissolved.
And in this name, it shall have pow
er to sue and be sued, to make and
use a corporate seal, and to have, hold
receive, lease, convey, hypothecate
and pledge property, both real and
personal to name and appoint such
directors, officers, agents, and other
employees as the interest of this Cor
poration may require; and to do any
and all other acts and things, and
have and exercise any and all other
rights, powers, privileges and inn
munities which a corporation organ
lied under the Laws Of Louisiana, for
the objects and purposes hereinafter
set out, may do or enjoy.
ARTICLE II.
The objects and purposes for which
this corporation is organized. and the
nature of the business to be carried
on by it are:
To own and cultivate farm lands,
and the products of such farm opera
lions, such as sugar cane to manu-
facture into syrup. or sugar; and such
as rice TO hull. clean and polish; and
such as corn, potatoes. meats, and
vegetables generally to preserve by
canning, drying and sailing; to own
timber lands, and the same to clear
and develop, and said timber to man
ufacture into lumber, all of such
things to do by processes now known,
and in use, or such as may hereafter
be discovered or invented; to engage
in buying and selling staple merchan-
disc; and to do any and all things,
| incident to these objects and purposes
and not prohibited BY Law.
A661lSAG Ill
The amount Of the Capital Stock
authorized by this Corporation is
| Fifty Thousand Dollars ESQ, 000. 00)
| which shall be divided into, and rep
resented by, Fifty (501 shares Of the
par valve of One Thousand (s1,oOo.
oo) each.
When fifty (5o) per cent Of this
! Capital Stock shall have been sub
scribed to. and City (50) per cent Of
such subscription, shall have beer
paid for, either in cash, or by trans
fer Of property, or labor or service
performed, this Corporation shall be
authorized to begin business; provid
ed that no stock shall be issued un
til paid for in money, or by transfer
Of property, Of SUFFICIENT value, or on
account equally valuable service rem
dered or labor done.
ARTICLE ~.