The weekly Iberian. (New Iberia, La.) 1894-1946, 1920-04-24
CHARTER OF
TECHE TRANSFER CO., Inc.
State of Louisiana, Parish Of Iberia.

uay OF April III LHe lear Oh OuT LOTT
One Thousand Nine Hundred an'
Twenty, before me, E. G. Smith
Notary Public, in and for the Par
ish ofIberia, State of Louisiana, duly
commissioned and qualified and in thu
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, pal
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 body polite
for the objects and purposes and UNI
der the articles following to-wit:
4 ARTICLE l.
The name, and title of this corpor-
alton shall be TECHE TRANSFER
COMPANY INCORPORATED, and
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 it's 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 its affairs, to conduct business in
this state and other states and terri
tories, to hold stock in other corpor-
atoms 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 II.
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
of both of the above officers, the Sec
rotary of this corporation 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 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
to acquire by lease, pur-
chase or otherwise, the necessary cars
busseS, motor cars, motor buses, 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
Sind and description whatsoever, ard
all the necessary machinery, appli-
ances and appurtenances incidental
md necessary or convenient thereto or
n any way connected herewith; to
purchase, own, lease, construct, con-
ages, warehouses, terminals, terminal
ABILITIES, ferries, grounds and other |
buildings necessary and convenient to |
he purposes hereinabove set forth; to |
conduct general transportation bust |
less by land or by water in all of it's |
branches, with power for any and all |
+ the above purposes; to borrow mon
y, and to issue from time to time and |
n any extent, necessary in the opin-
on of the Board of Directors of this
negotiable notes, coupons
r registered bonds Of this corporation
nd to secure the payment of the prin
ipal and interest on. the same by NOR
gage or pledoe of all or any part of
ne property, rights of franchise, or
lights which this corporation may
hen own or which may thereafter be |:
cquired by this corporation; also with
I'LL power to do all things, proper, ne
essary and convenient to the powers
nd purposes above expressed. Which
aid business is to be carried on in the
tate of Louisiana, and in any of the
tates adjoining, adjacent to or bod
ring on the said State of Louisiana.
ARTICLE
The capital stock of this corpora
N sha" be twt1,, th,llsani dollars
go 100000 divided into and repres-
tied by two hundred shares of par
alue OF One hundred dollars each,
hich said stock shall be paid for in
'sh at the time Of issuance. or It
ay be issued at not less than par
payment or exchange for property
rights actually received or purchas-
by said corporation, or it may be
lid for by promisory notes of fairly
went parties equivalent to cash and
cepted by said board as such euui-
lent, and at not less than par value
said stock, or for such other valu-
lie considerations or services actu-
~ rendered as the Board of Direc-
RS of said corporation may deter
inc, provided, that no stock shall be
sued until the consideration there
has been received by said corpor-
ion. Fifty percent Of the said CAPT
stock amounting to ten thousand -
1O,0O0.00) dollars has been subscri- :
d and paid for. Every sale or trans .
: of the capital stock of the corpora
n shall be made on the books of the
mpany at its Office and on the sur
1der OF the certificate therefor.
The capital stock of this corpora
n may be increased to one hundred
ousand dollars, in the manner pro-
led by law.
This corporation shall commence do
business as soon as one hundred
ares of the capital stock thereof
Ill shall been subscribed as required
law and hv thic chortar arj -