New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1920-06-19
CHARTER
OF
MORBIHAN SUGAR CO., Inc.

Twenty, before me, J. A. Gonsoulin,
CssHkSof Court and Ex-Officio Notary
Public, in and for the Parish of Iberia,
State of Louisiana, duly commissioned
and qualified, and in the presence of the
witnesses hereinafter named and under
signed,
Personally Came and Appeared, AL
phonse A. Theriot, Ernest r. Theriot,
Henry N. Pharr, Porteus R. Burke,
Richard A. Snow, appearing through A.
A. Theriot, duly authorized, ]. Emile
verret appearing through A. A. Theriot
duly authorized, Eugene A. Pharr ap-
pearing through H. NJ Pharr duly au-
thorized and Jno. A. Pharr acting
through H. N. Pharr duly authorized who
declared and said that, desiring to avail
themselves of the provisions of the laws
Of Louisiana with reference to the
organization of corporations, they do
hereby form themselves, and such other
persons as may hereafter become asso
ciated with them into a corporation and
body polite for the objects and pur-
poses and under the articles following,
to-wit:
Article I.
The name and title of this corporation
shall be the WORKMAN SUGAR COM
PANY, Incorporated, and under its said
corpsfste name, it shall have the power
and authority to contract, to sue and be
sued, to make and use corporate seal
and same to break and alter at pleasure,
to acquire by purchase or otherwise,
hold, receive, purchase, ALLEVIATE, improve,
II onJ
hypothecate under its corporate name
property real, personal and mixed, to
name and appoint such officers, directors,
agents and managers or employees as
may be desirable, to prescribe their
duties and to fix their compensation if
any, to make bylaws, rules and regula-
tions or the management of its affairs,
to conduct business in this State and
other States, territories and countries, to
hold stock in other corporations, and to
do all things necessary proper, and de-
sirable to carry out the objects and
purposes of this corporation. Unless
sooner dissolved, under the provisions of
this Charter, the said corporation shall
exist and continue for a period of fifty
years.
ATt1cle IL.
The domicile of the said corporation
shall be in the City of New Iberia, in
the Parish of Iberia, State of Louisiana.
The President, or in his absence, the
Vice President or in the absence of both
the above officers, the Secretary of this
corps< Ation shall be the person upon
whom Citation or other legal process may
be served.
Article III.
The objects and purposes for which
this corporation is organized and the
nature of the business to be engaged in
by it are hereby declared to be to own
and operate sugar mill or refinery or
factory or more than one and the buy
ing, or otherwise, acquiring or leasing of
such mill, or refinery or more than one
such, together with such lands, equip
ments and sppurtenances as may be
deemed necessary, and also the buying,
acquiring or leasing, planting and culti-
eating of farm lands, the buying, selling,
Tor otherwise, disposing of all and every
kind of crop or crops, grown and raised
pn farm and agricultural lands, the adj
kancing of money, funds and supplies on
md operate tramways, railways and
&ther roads and means of transportation
Necessary for the conveyance and trans
*ortation of raw and manufactured prod
&cts and generally, to do all things nee
ssry to the raising, growing, cultivate
&g, of crops, buying, selling and lend
n money on products and the handling
u all agricultural products and the &C
&iring of lands and the disposing of
Hme and the establishing and operating
n sugar mills, factories, and refineries
I'D to engage in the buying and selling
ii sugar as well as all stores and mer-
Mntile establishments.
Article ~.
The capital stock of said corporation
an hskThree Hundred and Fifty
1$35Cs LOO Thousand Dollars, divided
10 and represented by Three Thousand
I've Hundred (3500) shares of the par
*alue of One Hundred Dollars each, which
ock shall be paid for in cash at the
me Of issuance, or it may be issued at
BIT less than par, in payment or in ex-
ange for property or right actually re-
ived or purchased by said corporation
IL may be paid for by promissory notes
fairly solvent. parties equivalent to
81 and accepted by said board at such
Equivalent, and at not less than par
lue of said stock, or for such other val
able considerations or service actually
endered as the Board Of Directors of
lid corporation may determine, pro-
kded that no stock shall be issued until
i consideration therefor has been re-
lived by said corporation, and it being
u intent that the greater part OF the
kpitaI stock Of this corporation shall be
sued for property to be given and ex-
Banged therefoM there Is attached and
nnexed hereto and to be read in con-
3ection herewith, an accurate and de-
kiled and itemized description of such
roperty 50 taken a. to its amount, To-
htion, extent, character and state Of
Improvement together with statement
Il its value as appraised by the Diree-
|brs Of said corporation, the said state
bent to be deposited, filed and recorded
4 the office of the Clerk Of Court OF
|ber;a Irish, Louisiana. Every sale
n al ranitai stock of the