The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1888-11-23
HARTER
OF THR
Lao Charles Canning Company,
(LHBHHTEDl
UNITED STATES OF AMERICA,


came and appeared,
SEAMAN A KNAPP, JOS. L. WILLIAMS,
EBEN +. MASSEY, JOHN MCCORMICK,
ADOLPH MEYER, JAMES W. BRYAN
WM.H.HASKELL. ST. DANLS A. HARTMAN
STEPH'N W. MEADE,
who for themselves and such other person or
persons who may associate or become RssOci-
ated with them seveTally declared that, avail
ing themselves Of the general laws of the State
relative to the organization Of corporations for
works Of public improvements etc. they have
formed themselves into and constitute 3 cor
pOTRtiOn, with all the powers vested by law In
such corporations, and do by these presents cove.
nant and agree and bind themselves under the
following agreements and stipUlatiOns, which they
adopt as their Charter, tO-wit
ARTICLE L
The name and title of said corporation shall be
the LAKE CHARLES CANNING COMPANY
LIMITED" and its dOmiGils shall be In the City
of Lake Charles State of Louisiana, and by hat
name the said corporation shall have power and
authority to have and enjoy corporate eXistRnce
and succession for the term Of twenty-five (25)
years from and after the day and date hereof, TO
contract sue and be sued, to make and use cor.
pOTate seal and the same to break and alter at
pleasure and 10 hold receive, lease purchase and
convey as well as hypOtheCate and mortgage un:
der the corporate name, property both real and
personal, and to have power to do all business
necessary to carry out the objects Of this cOrpor
alton.
All citations or other legal process shall be
served the President and In case Of bis absence
upon the Vice President, and in the case Of the
absence of both upon the Secretary.
ARTICLE III.
The purpose for which this corporation is estab
shed and the nature of the business to be carried
on by It, declared and specified to be the
development Of the agricultural resources Of this
parish and State the establishment maintenance
and operation of canning and eyaporaring
maDutaetory or manufactures, for the cenyer;;
sin IA thp Ia FoiaRh Uat n irRH
by this corporation into goods wares OF COmmod-
tiles and the sale of such products either as raw
material or In manufactured state.
ARTICLE ".
The capital stock of said corporation is hereby
fixed at the sum of ten Thousand dollars 60,
600, TO be represented by one thousand 10000
shares Of ten dollars $40 each, which capital
stock may be increased to one hundred thousand
dollars 9lO0, OOO) or decreased to the original
amount by q vote Of twO-thirds a. Of the stock
Represented ct any meeting called for that pur.
pose, In amount, and by complying with the laws
Of the State Of Louisiana and In event Of such In
crease the original Stockholders shall have the
right and privilege IN proportion to their stock
then held, to subscribe to such increase Of stock
at the par value thereof:
Said corporation shall be authorized tO com.
menCe business when five thousand dollars
rs ,000.O0) of its capital stock shall have been
subscribed. All stock will be paid for as follows,
te-wit' Five per cent ION orbefore the first day Of
dSy II December, iSss' nd ten psr cent. per
month thereafter until the whole amount Is paid.
In case any subscriber to the capital stock shall
fail 70 psy any tnstallment as above ordered, and
the same shall remain unpaid for the space Of
thirty days thereafter, he shah forfeit 10 the
company all amounts previously paid, and all
rights obtained by and under his subscription,
at the discretion Of the board Of directors.
$50. ... ARTICLE ".
Transfer Of stock shall DO made only upon the
books Of the company and no RtockhOidsr shall
be authorized to sell any shares ut private sale
to any one, unless he shall have first offered such
share or shares to the company at the saIne price
he may be offered for the same,
ARTICLE VI
All the corporate powers Of this company shall
be vested in and exercised by board Of directors
composed of seven stockholders, who shall own,
IN their individual name not less than ten shares
elected annually on the second Monday Of JanG u
aFy the first election under this charter TO be
held In 1859, such election shall be by ballot aud
the supervision Of three commissioners, TO be ap'
pointed by the board Of directors, Of which cleo.
ton ten days notice shall be given 10 one Of the
published y en- city Fl Ike ChG5l f
which shall be cast ~ pers0ni minors may be
represented BY their tutors, ladies may yOte, By
proxy, and majority Of the votes cast shall
til their successors shall have been elected and
have qualified. "A failure to elect directors on
the day fixed, shall not dissolve the corporatAon,
l9e-o1AAk
another election 70 be held Within thirty days,
Of which prior notice Of fifteen days shall be given
u newspaper published In the city Of Lake
Charles.
Amy vacancy occurring in said board, from any
cause whatever, shall be hlled BY election by the
remaining directors.
transaction Of business, and the board Of dlreo.
tors, At It's frat meeting, shall elect enc Of its
number 70 be President, aud another to DO Vice.
President, and shall also elect Secretary and
l . F. 81 81
said board Of directors may appoint, from
time to time, and dlal1lss AZ pleasure such officers.
deem necessary Sor tic business ana puFposss q
said corporatiOnj and y may make and establish,
alter and amend any and AZ bylaws, rules and
agssnt q ths afITs aad 5asiSsSsss Il said cor
p0ration. Vi
Said corporation shall commence business, o.
Operations, when i've thousand dollars (S5 0OOO0)
o. It's capital stock shall have beel subscribed
for and until the first election shan be held under
this charter On the second Monday OF january,
eonstitats the frst board N difeetors NJ ~ so
poTaton, vested with al The powers hefsin before
enumerated, and % continue 10 office until their
successors shall have been elected and have
Williams, Eben II. Massey, Harrison G Drew,
Aa9lph Meyer, James W. Bryan and Captain
William II. Haskell.
ARTICLE VII.
No st0elhoider shall ever BE- liable Or raaponsi.
Bile for tic eontFaots Or faults OF said oOrp0ral0n
10 any further sum than the unpaid balance due
on the shares Of stock eubscFibed for o. owned by
hun, nor shall any mere infOTmality Of 0FgRniza-
ton have the effect ~ renderHg this charter null
OF aglloalng any atoqtholder to any liability ~.
yond the amount Of bis subscription for stock
ARTTcLE VIZ
Whenever thia corporation d dissolved, either
b limitation Or froia 1thpr cause its affairs shall
bs itquidatee under she supeTintendanHo ~ Three
stockholders TO DO appointed for that purpose Il
general meeting q the staGkhpldeTb Convened
Rfter tiHiT days prilt a0tee, and With tbe aaaent
Of tW0thffds % 81 che stock represented ~ Any
meeting called ioT that purpose, and III case Il
the surgirnf shall base power t. continue h Ret
Ihpq dQne, read and signed At nay 0fies 10 tbs
city 81 Lake Charles Lpaisiaua in the nYaeange
q AFthuF = Weats aud Fred g. Caitas, iaN.