New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-02-15


duly commissioned and qualified, and in the pres
enee of III. witnesses hereinafter named and under
signed,
i pERsoNALLY CAME ANDAPPEARED
1 the several persons whose names are hereuDts sub
scribed, who declared that, svailins themselves o.
The provisions ofthe laws of this State, relative to
the organization Of corporation, that they agreed,
and bind and obIigate themselves, as well a. sssh
persons as may become associated with them and
their successors, to form Esd DO form and oonsti-
,ute corporation for the objects and purposes, and
under the conditions, and stipsations as contained
and se, forth in the following articles, so-wt:
| ARTICLE ].
| The name and style of this corporation shall be
the Nsw IsssIA Woop AND MANUFACTURING
! COMPANY, INCORPORATED, under which name and
title il shall enjoy secession Of property and all
rights, privileges and immunities granted BY law
unto corporations in tn. State Of Lssisians, for
period of ninety nine (99) years from date hereof
Il shall have power to contract, sue and be
sued, to make and use cooperate seal, and the
same to alter and break At pleasure, - have, hold
and receive, purchase, sell, convey, lease, pledge
bond hypsthseaie and mortgage property Of asy
and all kinds, real and personsl mixed, corporal
or ineorporea; to have and appoint sueh Manager,
directors and officers and sgents a. the business
may requlre, and 10 make and establish, a. well
a. to alter and amend, from time 10 tins, ssch by
laws, rules and regulations for the proper manage
msnt and government Of the affairs Of said csrpor-
alton a. may be necessary and proper, and seasral
", to possess all the powers hereinafter msntensd,
and that are or may hereafter be conferred BY law,
or accessory to promote ito objects and interest.
ARTICLE H.
TIL. domieile Of this Cooperation shall be at
New Iberia, in the Parish of iberia, Louisana,
where service Of citation OF other legal process
shall BE made upon the President of said Csrpsra-
ton, OF in his absence, upon the Secretary Treas
either, upon spy other officer IS may be designated
by law.
ARTICLE III.
The objects and purposes of this Corporation are
declared to be, To buy and sell Wosd, Csal,
Shingles, Brick and all building material; to do
everything in connection With the manufacture Of
Log into Wood; to swn and operate Saw Mills
or Weed Work Shops in the City of New Iberia
La or elsewhere.
ARTICLE ~.
The capital stock Of this Cerpsratios j. hereby
declared to be the sum Of Five Thousand (tsoos)
Dollars, divided into Fifty (so) shares Of the par
value of One Hundred Dollars (@Ieo. oo), per
share. Said stock to be paid for in cash, Or in
exchange for property 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 Thoss-
and Dollars ESQ, ooo.oo)
ARTICLE V.
The corporate powers OF this Corporatips shall
be vested In and exercised by, and all the business
Of this Corporation shalbe managed and coaduet-
ed by Board of Directors, composed of three a
members to be annually elected %, the second
MONDAY Of January, of each year. rom the said
Direetos there shall be- elected annually, Presi-
dent, vlcs-President aad Secretary Treasurer,
of the said corporation. The following persons,
shall casstitutc the FIRST Board Of Directors, .s-
With. r, Rsynaud, Fritz Dietien and PIER.
Molbers.
Until the election to be held ON the second
Monday Of January, 1890, the following shall BE
the officers Of this Corporation, H. r. Reynasa,
President; Pierre Meibert, vice-President and
Fritz DietGen, Secretary Treasurer. Aay vac
ancY ON the Board Of Directors shall he 6led BY
expired term. Any vacancy in any office shall be
Notice Of stockholders meesisss must b. dev-
cred personally or BY depositing same in the Post
Ofhcs, properly addressed, to each stockholder, at
least ten (Io) days before sveh meeting. Other
stockholders msesings may be held when ordered
by the Beard Of Directors or the holders of at
least twenty-five (a5) per cent Of the outstanding
stock.
Failure rom any cause to elect Directors on the
day named for the purpose, will not dissolve this
Corporation, but the Directors in Office, a. well a.
other officers Of this Corporation, ahall hold over
until their SUCCESSORS are chosen. In sush event
the President shall cause another election to be
held within thirty (3ol Gays, and at date and
hour named by him, giving the notice to the
stockholders - required BY law.
A. every election and meeting, each stoekhold-
ey shall be entitled to one vote for each share Of
the Corporation standing in his name, and he may
vote sueh stock by written proxy given to sny
other person to represent him At such meeting.
The election Of Directors shall be BY ballos and
the majority Of the amount Of votes cast shall elect
the perssn OF persons for wAon they have been
cast.
ARTICLE vi.
The Board Of Direcssrs shall frame and adopt
and rules and regulations a. the sfairs
and the business Of the Corporation may require,
and As il may deem necessary for the proper man.
agemsnt, provided, the same shall net conflict
With this charter or with the laws Of the Stsse Of
Louisiana, and Of the United States. 1t shall ap-
point SCENTS, employees, servants and clerks % 10
may deem proper, fixing their compensation. II
shall have the right to fix and drtermine tbs mlsr-
ies Of the several officers herein provided for.
ART1CLEs VII.
No shareholder shall ever be held liable Or res
psnsble for the contracts or faults Of this Corpora
ton in aay further sum than the amsunt Of his in
deb,ednes to the Cooperation; nor shall any mere
informaIity in organization have the effect Of resd
eriag this Act null, Of exposing any shareholder
to any liability beyond the smesnt Of hs or her
shares.
ARTICLE VIII.
This Corporation sha have, enjoy and exercise
all the rights, privileges and immunties granted by
Act a67 Of the Acts Of the General Assembly Of
the State Of Louisiana, IN the year 1914, and all
amendments to said Act, and this eAsster may be
changed, altered or annulled, or this Corporation
dissolved, under the terms and conditions and 4.
accordance with said Act number z67.
ARTICLE TX.
The oacnee snA pnse CfS~. add,ss. nf ths s~h-