New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1920-07-17
or RT Err
OF
MORBIHAR SUGAR CO., Inc.

MORBIHAR SUGAR CO., Inc.
Be It Known, That on the 9th day OF
the month of June, in the year of oul
Lord One Thousand Nine Hundred and
Twenty, before me, J A. Gonsoulin
Clerk of Court and Ex-O fficio 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 aud under
signed,
Personally Came and Appeared, AL
phonse A. Theriot Ernest X. Theriot
Henry N. Pharr, Porteus r Burke,
Richard A, Snow, appearing through A.
A. Theriot, duly authorized, J. Emile
Verret appearing through A. A. Theriot
duly authorized, Eugene A. Pharr ap-
pearing through II. n. 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 par
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
corporate name, it shall have the power
and authority to contract, to sue and be
sued, to make and use a corporate seal
and same to break and alter at pleasure,
to acquire 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, 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-
tons 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 ali 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 period of fifty
years.
Article II.
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
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 organized and the
nature of the business to be engaged in
by it are hereby declared to be to own
and operate a sugar mill or refinery OF
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 appurtenances as may be
deemed necessary, and also the buying
acquiring or leasing, planting and cult
waiting of farm lands, the buying, selling
OF otherwise, disposing of all and every
kind of crop or crops, grown and raised
on farm and agricultural lands, the ad-
vancing of money, funds and supplies on
growing crops, to construct, maintain
and operate trsmways, railways and
other roads and means of transportation
necessary for the conveyance and trans
portation of raw and manufactured prod
ucts and generally, to do all things nee
essary to the raising, growing, cultivst-
ing, of crops, buying, selling and lend
ing money on products and the handling
of all agricultural products and the &C
curing of lands and the disposing Of
same and the establishing and operating
of sugar mills, factories, and rehneries
and to engage in the buying and selling
of sugar as well as all stores and mer-
camille establishments.
Article ~.
The capital stock of said corporation
shall be Three Hundred and Fifty
($350, 100000 Thousand Dollars, divided
into and represented by Three Thousand
Five Hundred $4,000 shares of the par
value of One Hundred Dollars each, which
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 in ex-
change for property or right actually re-
ceived or purchased by said corporation
or it may be paid for by promissory notes
of fairly solvent parties equivalent to
cash and accepted by said board at such
equivalent, and at not less than par
value of said stock, or for such other val
liable considerations or service actually
rendered as the Board of Directors of
said corporation may determine, pro-
vided that no stock shall be issued until
the consideration therefor has been re-
reived by said corporation, and it being
the intent that the greater part Of the
capital stock of this corporation shall be
issued for property to be given and ex-
changed therefor, there is attached and
annexed hereto and to be read in con-
nection herewith, an accurate and de-
tailed and itemized description of such
20 taken ss to IFS amount. To-