The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-01-26

Oh the naf vRIue OF Oue HuDOreC
800. 00-Dollafs per shares. Sale
stock to be paid for in cash, or in ex
change for such property as may be
authorized by law and made in con.
formity with legal provisions.
The capital stock may be increased
in the manner prescribed by law, to
the sum of Twenty-fve-$25. 900 90
Dollars.
Said corporation shall begin bust
ness as soon as Ten Thousand-$IO0O
00--Dollars of the capital stock shall
have been subscribed aud the sum oil
Ten Thousand-$10, 900 O0-Dollars
shall have been paid for.
ARTICLE
The corporate powers of this cor
poratiOn shall be vested IN and exer.
cised by. and all the business affairs
OF this corporation shall be managed
and conducted by a Board of Direc.
tors, composed of three-3-member RI
to be annually elected on the second
Wednesday Of February Of each year.
From the said directors there shall be
elected annually, a President, Vice
President and a Secretary Treasurer.
OF the said corporation. The follow
ing persons shall constitute the first
Board of Directors, o.wit:-Gustave
BONN. Jr., George NJ. Germany and
John II. Valet.
Until the election to be held on the
second1 Wednesday Of February, 1919.
The following shall be the officers of
this Corporation:-Gusta BONN, Jr..
President; John II. Valet, VIce-Pres-
ldent; and George M. Germany, Secre-
tary Treasurer. Any vacancy on the
Board OF Directors shall be filled by
the remaining members of the Board
for the unexpired term. Any vacancy
In any office shall be filed by the Di.
rectors for the unexpired term.
Notice OF stockholders meetings
must be delivered personally or by
depositing same in the post Office, pro.
perry addressed to each stakeholder.
at least ten-l0-days before such
meeting. Other stock holders meet.
ings may be held when ordered by the
Board OF Directors or the holders of at
least thirty-thrse and one.tbtrd-33.
per cent Of the outstanding stock.
Failure from any cause to elect di-
rectors on the day named for the pur-
pose, will not dissolve this corpora
ton. but the directors in Office, an we'll
as the other officers Of this corpora
ton, shall hold over until their sue
cessors are chosen. In such event the
President shall cause another election
to be held within y-3O--days.
and at date and hour named by him.
giving the notice to the stockholders
as required by law.
At every election and meeting. each
stock holder shall be entitled to one
vote for each share of the capital stock
OF the corporation standing in his
name, ane he may vote such stock by
proxy given to any other per.
son to represent him at such meeting.
The election of Directors shall be
BY ballot add the majority of the
amount OF votes shall elect the person
Dr. persons for whom they have been
east.
ARTICLE VI.
The Board of Directors shall frame
and adopt such bylaws and rules and
regulations as the affairs and the bu-
'iness OF the corporation may require.
and as 1t may deem necessary for the
proper management, provided. the |
'ame shall not conflict with this char.
sr or with the laws of the State Of
Louisiana, and of the United States
. shall appoint agents, employees,
'ervants and clerks as II may deem
proper, fixing their compensation.
{ shall have the right to fix and de.
ermfne the salaries of the several of.
ieers herein provided for.
ARTICLE VII.
No shareholderIsh shall ever be held
liable or responsible for the contracts
r faults Of this Corporation in anv
urther sum than the amount of his
ndebtness to the Corporation: nor
hall any mere infDrmality in orpani.
alton have the effect of renderinp
his act null, or of exposing any share.
older TO any liability beyond the
mount of his or her shares.
ARTICLE VIII.
This corporation shall have. epiov
nd exercise all the rights, priv.
gss and immunities granted bv Act
u of the Acts Of the General Assem-.
" OF the State Of Louisiana, in the
ear 1914, and all amendments to said
Il, and this chartef may be changed.
tered or annulled, or this corpora.
on dissolved, under the terms and
'nditions and in accordance with
i'd act number 267.
ARTICLE TX.
The name aud postofflce address of
e subscribers to these articles of In.
'rporation, and the number Of shares
hich each Of it's stockholders hereby
Tree to take and pave appear oppo-
% their respective signatures.
THUS DONE AND PASSED, at Lo-
awhile, In the Paribh of Iberia.
ate Of Louisiana, in the presence OF
essrs. +. O. Darby and Berth Mes-
yer, good and competent witnesses.
no have signed these presence. to.
ther with the appearers and me.
,tary .son the day, month and year.
st above written, after due reading
the whole.
me. p. O. ADDRESS, NO. OF SHARES
Is BONN, Jr., Loresnville, La. thirty
%. n. Germany, I" !" thirty
o. n. Walet, two
Yard King, New iberia, La, twenty
dia Gonsoulin Valet, Loreau-
Vile, La. $3.50. ......... eighteen
[TNEssEs:-
T. o. Darby, M. ID.
Bertin Mestayes
G. NJ. Compton
Notary Public
Filed this 18th day Of January A. d.
8.
hereby certify the within to be
e copy Of the original charter filed
my Office this 18th day of January.