New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-02-22

lie. in and for the Parish Of iberia, Louisiana
duly commissioned and qualified, and IN the pres
ence of the witnesse. hereinafter named and under
signed,
PERSONALLY CAME ANDAPPEAPED
the several persons whose names are hereunto sub
seribed who declared that, avsiling themselves D
the provisions of the laws of this State, relative tc
the organization Of corporation, that they sgreed
and bind and obligste themselves, as well as such
persons as may become associated with them and
their SUCCESSORS to form and DO form and consti-
,ute corporation for the oblsots and purposes, and
under the conditions and stipulatona as contained
and set fsrth in the following articles, to-wt:
| ARTICLE !.
The name and style of tbi, corporation sh, be
the N.w IsxRA Woop Aro MANUFACTURING
CoMp.nY, INCORPORATED, under which name and
title il shall enjoy succession Of property and all
rights, privileges and immunities granted by law
unto corporations in the State Of louisiana, for
period Of ninety (99) years from date hereof.
|, shall have power to contract, and be
sued to make and use corporate seal, and the
same to alter and break at pleasure, to have, hold
and receive, purchase, sell, convey, lease, pledge
bond hypothecste and mortgage property of ssy
and all kinds, real and personal mixed, corporal
or ineorpores; to have and appoint such managers,
dieectors and officers and agents as the BUSINESS
may require, and to make and establish, a, well
as Is alter and amend, from time 10 time, such by
laws, rules and regulations for the proper manage
m.nt and government Of the affairs Of said corpor-
alton as may be necessary and proper, and general
ly, to possess all the powers hereinafter mentioned,
and that are or may hereafter be conferred by law,
or necessary to promote its objects and interest.
ARTICLE II.
The domicc Of this Corporation shall be at
New iberia, in the Parish of iberia, Louisiana,
where service Of citation or other legal process
shall be made upon the President Of said Corpora
tion or in his absence, upon the Secretary Treas
urer Of said Corporation, and IN the absence Of
either, upon any other officer as may be designated
by law. O
ARTICLE III.
The objects and purposes of this Corporation are
declared to be: To buy and sell Wood, Goa, |
Shingles, Brick and all building material; to do
everything in connection with the manufacture of
Logs into Wood; TO own and operate Saw Mills |
or Wood Work Shops in the City of New Iberia
La, or elsewhere.
ARTICLE ".
The capital stock of this Cooperation is hereby
declared to be the sum of Five Thousand 8 5000
Dollars, divided into Fifty (so) share, Of the par
value Of One Hund,ed Dollars ($Ioo oo), per
share. Said stock to be paid for in cash, or in
exchange for property as may be authorized BY law
and made in conformity with legal provisions.
The capital stock may be increased, in the man
ner prescribed by law, to the sum of Fifty Tbous-
and Dollars $3.50, ooo.oo)
ARTICLE v.
The corporate powers OF thi, Corporation shall
De vested In and exercised by, and all the business
Of this Corporation shall be managed and conduct
I'd by Board of Directors, composed Of three a
members to be annually elected on the second
Monday of January, of each year From the said
Direetos: there shall be elected annually, Presi-
lent, Vlce-Presdent and Secretary Treasurer,
If the said corporation. The following persons.
hall Constitute the first Board Of Directors. to-
F. Reynaud, Fritz Dietien and Pierre
Molbert.
Until the election to be held on the second
Monday of January, 1870, the following shall be
he officers Of this Corporation: H. F. Reynaud.
President; Pierre Molbert, Vce-Presiden. and I
fritz Detlien, Secretary Treasurer. ANY vac
ncy the Board Of Directors shall be filed BY :
he remaining members of the Board for the ua- 7
IpRed term Any vacancy in any office sha, be |
lied by the Directors for the unexpired term. Il
Notice of stockholders meetings must be deliy- r
red personally or by depositing same in the Post q
Office, properly addressed, to each stockholder at
.ast ten (Io) days before such meeting Other I
stockholders meetings may be held when ordered :
y the Beard Of Directors or the holders of at T
.ast twenty-five (zs) per cent of the outstanding
oek.
Failure from any cause to elect Directors on the
~ named for the purpose, will not dissolve this :
corporation, but the Directors in office, as well a,
Their officers Of this Corporation, ahall hold over
ntil their successors are chosen. In sueh event !.
re President shall cause another election to be
cid within thirty (3o) days, and at date and \,
our named by him, giving the notice to the
as required BY law.
At every election and meeting, each STOCKHOLM
shall be entitled to one vote for each share Of =
'e Corporation standing in bis name, and he may -
'te such stock by written proxy given to any :.
her person to represent him at such meeting,
The election Of Directors shall be BY b.llo, and u
majority Of the amount Of votes cast shall elect
c perssn or persons for whom they have been a
81. VI
ARTICLE vi. IN
The Board Of Directors shall frame and sdop, r.
Oh bylaws and rules and regulations as the sfairs d
d the business Of the Corporation may require.
I Is it may deem necessary for the proper man. "A
ement, provided, the same shall not conflict II
tn this charter or with the laws of the State of
'usiana, and Of the Uaited States. 1t shall ap- l.
int agents, employees, servants and clerks as il
~ deem proper, fixing their compensation. IL
III have the right to fix and drtsrmine the .aar-l
Of the several officers herein provided for,
ARTICLE VIZ. l.
No Shareholder shall ever be held Iiablecs res
nsble fer the contracts faults Of this corpors-t
n in any further sum than the amount of hi, in or
ptedness to the Corporation; nor shall any mere is
ermaity in organization have the effect Of read au
% this Act null, Of exposing any shareholde, Pa
any liability beyond the amosnt Of bin or her th
rec. nr
ARTICLE VIII. Ii,
This Corporation shali have, enjoy and exercise g.
the rights. privileges and immunities granted BY 90
I s67 Of the Acts Of the censrsl Assembly Of 80
State Of Louisiana, in the year 1914. and all -
enlments to said Act, and this charter msy be
'ngsd, altered annulled, or this Cor,ors,;on g
'olyed, under the terms and conditions and fa :.
srdance with said Act number z67, a.,
ARTICLE TX. -.
L. 80 n ~