The weekly Iberian. (New Iberia, La.) 1894-1946, 1921-03-19

ture, preparation for market and
handling of rice, rice products OF any
kind, and the appurtenances thereof,
and articles made and developed from
the rice plant, or any part thereof;
to buy. sell, store, ship, forward, re
ceiye on consignment, make advances
on and handle rice, rice products and
hy-products, and articles made or
developed from the rice plant or any
part thereof, singly or in combination
with corn or other ingredients ana
other ingredients; to buy and other
wise ACQUIRE, and to sell, or other
wise dispose of sacks, twlne, feeds or
feedstuffs and farmers supplies, or
other merchandise connected with or
used in the handling of the business
herein provided for, and in the cult
walton, harvest and saving OF rice, 20
own and operate barge lines, cold
storage plants and in general, to own,
do and perform any and all things
necessary or german to the accom-
plishment of the objects and purpo-
ses herein set forth.
ARTICLE "
The capital stock of this corpora
ton is hereby declared to be the sum
Of Fifteen thousand dollars ($l5.0O0.-
OO. divided into One thousand hive
hundred shares of the par value OF
Ten dollars each; said capital stock
NAV be increased to Fifty Thousand
Dollars.
ARTICLE V
IN % IF
poration shall be vested in and ex-
ercised by a Board of Directors com
posed of seven stock holders, four OF
whom will constitute quorum foi
the transaction of business, which
board shall be elected at the annual
meeting of the stock holders Of SAID
corporation to be held on the first
Monday of June Of each year.
The first annual meeting of stock
holders to be held on the first Mon
day Of June, 1922. Until the
first annual meeting of said stock
holders the directors Of this corpora
ton are declared to be Leon Braquet
Alfred Granger, J. E Broussard
Hazard Vaughn, Sidney L. Broussard
Gustave BONN and Antoine Gonsou-
lin, all Of whom are residents of the
Parish of Iberia. Loreauville 7. o.
Louisiana.
The officers Of this corporation
shall be a President, a Vice-Presi-
dent and Secretary Treasurer, who
shall be elected from among the di-
rectors and Immediately after and
| following the annual election held by
the stock holders. Until the election
to be held on the first Monday of
June, 1922, the following shall be the
officers of this corporation,
Leon Braquet, President; Alfred
Granger, Vice President; ]. E. Brous-
sard, Secretary Treasurer.
The directors and officers shall
serve until their successors shall have
| been elected and installed and any
vacancy of directors or in any office
shall be filled by the remaining
| members of the Board for the unex-
pired term, the stock holders shall
have the right to cumulative voting
| in the election of directors.
ARTICLE vi
No stock holder of this corporation
shall ever be held liable or RESPONSE
BILE for the contracts or faults OF
this corporation in any further sum
| than the unpaid balance due the cor
poration upon the stock subscribed
for herein; nor shall any mere in
formality in the organization have
the effect of rendering this charter
null and void or Of exposing any stock
holder to any liability other than as
herein provided
ARTICLE VII
The names and post office address
of the subscribers of these articles OF
incorporation and the number OF
shares of stock which each agrees to