The weekly Iberian. (New Iberia, La.) 1894-1946, 1920-05-15
CHARTER OF
TECAE TRANSFER CO., nc.
State Of Louisiana, Parish Of Iberia.

State Of Louisiana, Parish Of iberia.
BE 1T KNOWN, That on this list
day of April in the Year of Our Lord
One Thousand Nine Hundred a n d
Twenty, before me, E. G. Smith,
Notary Public, in and for the Par
ish ofIberia, State of Louisiana, duly
commissioned and qualified and in the
presence of the witnesses hereinafter
named and undersigned,
PERSONALLY CAME AND AP-
FEARED, Messrs. Fred j. Feight, j..
Oneil Landry and Emile J. Bourg, re-
sidents or the town Of Jeanerette, par
ish of Iberia, Louisiana, who declared
and said that desiring to avail them
selves of the provisions of the laws
of the State 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 a corporation and a body polite
for the objects and purposes and un-
der the articles following to-wit:
ARTICLE L.
The name, and title of this corpor
alton shall be TECHE TRANSFER
COMPANY INCORPORATED, and
under its said corporate name, 1t
shall have the power and authority to
contract, to sue and be sued, to make
and use corporate seal and the same
to break and alter at pleasure, to &C
quire by purchase or otherwise, hold,
receive, purchase, ALLEVIATE, improve,
sell, borrow on, pledge, mortgage and
hypothecate under its corporate name
property real, personal and mixed, to
name and appoint such officers, dir
ectOrs, agents and managers and en-
ployees as may be desirable, to pre-
scribe their duties and to fix their
compensation if any, to make bylaws
rules and regulations for the manage
of it's affairs, to conduct business IN
this state and other states and terri
tories, to hold stock in other corpor-
ations and to do all necessary, proper
and desirable to carry out the objects
and purposes Of this corporation. I'm
less sooner Dissolved, under the pro-
visions of this charter, the said corp
grafton shall exist and continue for a
period of fifty years.
ARTICLE III.
The domicile of the said corpora
ton shall be in the town of Jeaner-
cite, Parish of Iberia, State Of Loui-
lana. The President, or in his absence
the Vice President, or in the absence
of both of the above officers, the Sec
rotary of this corporation shall be the
person upon whom citation or other
hn
ARTICLE III.
The objects and purposes for which
this corporation is formed are here
by declared to be, to engage in and
carry on the business of transporting
freight, passengers and express, by
motor cars, motor buses, or any other
form of vehicle operated by steam,
gasoline or electricity or any other
motive power, and to operate same
for the transportation of goods or
passengers: to acquire by lease, pur-
chase or otherwise, the necessary cars
buses, motor cars, motor busses, We
hicles and carriages of any kind or
description whatsoever; to build, con-
truct, repair, lease, buy, sell, and con-
vey all the necessary vehicles OF any
kind and description whatsoever, and
all the necessary machinery, appll-
ances and appurtenances incidental
and necessary or convenient thereto or
in any way connected herewith; to
purchase, own, lease, construct, con-
troll and operate station houses, gar
ages, warehouses, terminals, terminal
facilities, ferries, grounds and other
buildings necessary and convenient to
the purposes hereinabove set forth; to
conduct a general transportation bust
ness. by land or by water in all of it's
branches, with power for any and all
of the above purposes; to borrow mon
ey, and to issue from time to time and
in any extent, necessary in the opin-
ion of the Board of Directors of this
corporation, negotiable notes, coupons
or registered bonds Of this corporation
and to secure the payment of the prin
cipal and interest on the same by NOR
tgage or PLEDGE of all or any part Of
the property, rights of franchise, or
rights which this corporation may
then own or which may thereafter be
acquired by this corporation; also with
full power to do all things, proper, ne
cessary and convenient to the powers
and purposes above expressed. Which
said business is to be carried on in the
State of Louisiana, and in any Of the
states adjoining, adjacent to or bod
ering on the said State of Louisiana.
ARTICLE Nv.
The capital stock of this corpora
t: n shsh be twtn.s tn ,uSani dollars
{ 500, OOO.O0) divided into and repres-
ented by two hundred shares of par
value Of One hundred dollars each,
which said stock shall be paid for in
cash at the time of issuance, or it
may be issued at not less than par
in payment or exchange for property
or rights actually received or purchas-
ed by said corporation, or it may be
paid for by promisory notes Of fairly
solvent parties equivalent to cash and
accepted by said board as such equi-
valent, and at not less than par value
of said stock, or for such other valu-
able considerations or services actu-
ally rendered as the Board of Direc-
tors Of said corporation may deter
mine, provided, that no stock shall be
issued until the consideration there
for has been received by said corpor-
alton. Fifty percent Of the said CAPT
tai stock amounting to ten thousand
($10, 100000 dollars has been subscri-
bed and paid for. Every sale or trans
fer of the capital stock of the CORPORA