New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1920-10-09
iranH-
h THE
II and Grain
/ Inc.

n OF Al on this 22nd day
,ered tember, A. D., 1929,
pref Il, Carey, a notary
he Parish of Iberia,
aons -~< duly commissioned
e to - = the presence of the
fo e. = a named and under
me and appeared the
ship hpse names are here
rem - declared that avail
ting he provisions of the
tied relative to the organ
YES Hpns, they have agreed
i'm Yes, as well as such
be hereafter become asso-
81 81 Ind their successors, to
re l1te a corporation and
w for the objects and
90 6er the conditions and
ia Id attained and set forth in
Of fcles, to-wit:
le HTICLE I.
4 title Of said corporation
IBERIA Mill & Grain Com
I ned" 1t shall exist fer
. Md period of twenty five
+ II hereof.
HRTICLE II.
of this Corporation shall
of New Iberia, Iberia Par
and all citations and
fscess shall be served upon
of said corporation, or in
Absencs or inability to act,
espresident, or in the manner
law.
PARTICLE III.
<ts and purposes for which
Ion is established are hereby
Be 40 follows, to-wit:
rig and selling of property,
ii and mixed, corporeal and
to invest in bonds, stocks,
securities; to conduct the bus
a<ting as agent and broker in
nd sales Of property and COM
~ all kinds, and to do a gen.
~, commission and mandate
&lso to deal in merchandise of
III kinds, buy and sell cotton,
81, sugar-cane, corn and other
Ill products; lease, own and
3nblic and bonded warehouses,
nIns, oil mills, and ice factories;
mill and manufacture agricul-
>H5ducts, as well as the by
= of same, into any article OF
Ne and do a general manufacture
Hsiness and generally to make and
ito any and all contracts in rela-
III said business that may become
Try.
ARTICLE Nv.
lii corporation may sue and be sued
Il corporate name, hold, have, receive,
Aase, convey, sell, mortgage, hypothe-
al pledge, lease and suitcase, also
DIV money, issue notes and bonds,
81 contracts, receive grants of land
81 pss3bnal property and make and use
Gbrporate seal, the same to alter and
IL at pleasure; name and appoint
&agers, directors. officers and clerks
agents as the interest and conven-
<e Of said corporation may require;
ke and establish such bylaws, rules |
regulations for the proper manage
Il and regulation of the affairs of said
pration as may be necessary, and the
I 10 alter and change at pleasure;
possess all rights, powers and priv
Is TO which corporations are or may
my general law or laws of this State
prized and entitled.
ARTICLE v.
le capital stock of this corporation is |
by fixed at Forty Thousand ($40,- |
p0) Dollars, represented by eight
red shares of Fifty Dollars each. All
subscribed shall be paid for in
OF property, real and personal, or
services actually rendered to the
oration on such terms and condi-
as the Board of Directors may at
time determine. All transfers Of
shall be made on the books of the
pration and shall be signed by the
kholder or his attorney. The corpo-l
In shall begin business as soon as
hundred shares Of the capital stock
have been subscribed and paid for.
he capital stock TO be issued it is de-
Id that four hundred shares of stock
hof, Of the aggregate par value Of
nty Thousand Dollars, are issued for
in exchange of property real and
able, consisting Of, first, real estate;
md, grain and feed products, and
B, open accounts, all as are more
EcpLTe1e set out in a detailed and
kized statement thereof hereto an
ID and to be read in conjunction with
charter. At all elections and meet
| Of the stockholders, each share Of
lk shall be voted, either by the per-
in whose name the stock appears
b the books of the corporation at the
! of the meeting, or by an agent in
~, duly authorised in writing to that
Ct. The capital stock of this corpo-
on may be increased to One Hun
Thousand Dollars.
ARTICLE VI.
he business affairs and corporate
ters Of this corporation viii be vested
and transacted by a Board Of Direc-
of not less than four, nor more than
N Directors, to be chosen from the
kholders at the annual meeting to be
on the fourth Monday of September,
IN the event Of failure to hold said
sting on said date, at as early date
eater as practicable. The number Of
Directors TO serve in each year shall
Fixed at the meeting Of the stockhold-
held for the purpose Of electing
I'd of Directors. In the event the
I'd Of Directors 50 elected should con-
Of less than the full quota allowed
for any reason the Board Of Direc-
should desire to increase the number
49, S..-s.~. 49,, taxrn ~ fhn fuf1