The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1888-12-07
CHARTER
OF TIE
Lake EsaiIE Canning Company,
UlHNNTED.D

UNITED EAALAH III GAlAGaAAAA'aAr Z
STATE OF LOUISIANA. PARIsH OF GALcAsIELi
CITY OF LAKE CHARLES. }
TIE IT KNOWN, That on this, the Fifteenth
Is n5thl DAY Of October, In the year Of our
Lord one Thousand eight hundred and eighty
eirht. and Of the Independence Of the United
stale tine one hundred and thirteenth before
me AUGUSTUS n. MAYO, q Notary Fubile, hllY
commissioned and qualified in and Tor said parish
and StHte and IN the presence OF the "ltnesSSs
hereinafter named and undersigned, personally
came and appeared,
SEAMAN A. KNAPP, JOS. L. WTLLIAMs,
EBEE 7, WASEY. JOHN McGQhAlCtAr
ADULPH MEYER JAMES W, BIZ
WI III HASKELL. ST., DAE,LE. ALBANIAN
ETEPH'E ". MEADE
VINO Tor themselves and such other person or
persons who may associate OF become Associ'
ated with them, seveTally declared that, avail
ing themselves Of the general laws Of the State
relative u tine organization OF corporations i0I
works Of public improvements etc, they nave
formed themselves into and constitute q COZ
pOratiOD with all the powers vested by law IL
such corporations and do by thes" presents cove
mani and agree and bind themselves under til"
following agreements and stlpulations. which they
adopt rs their Charter tO-wit
ARTICLE /
The name and title Of said corporation shall be
the LAKE CHARLES CANNING COMP ANY
-LluITEp and its dOmicile 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 eXlstance
and succession for the term OF twenty 1--WE 70
years from and after The day and date hereof "a
contract. sue and he sued 10 make and use COZ
pOfaIe seal and the SAINT ID break and alter at
pieasur, and 10 bold receive leasc purchase and
convey as well as hypOtheCatH and mortgage IN
der the corporate name. property both real and
personal and to have power 10 do all business
necessary u carry out the objects q tins eorpOT
alton.
AL citations OF other legal process shall be
served the President, and in Of his absence
upon the Wee President. and in the case Of the
absence Of both upon the Secretary.
ARTICLE III.
Tn purpose for which this corporation is estab
hshed and the nature Of the business to be carried
OF bv ii are declared and specified 10 be the
development Of the agricultural resources OF inns
paIlsh and State the establishment maintenance
and operation Of s canning and cooperating
mandatory. OF manufacture Tor the CONVEX
sion Of the pTUduC Is raised gathered OF acquired
by this corporation into goods. wares OF commOd
tiles and the sale OF such products either as nav
material or Ii a manufactured state.
ARTICLE ".
The capital stock of said corporation is hereby
fixed at the OF ten thousand dollars $40.
900 t. be represented 10y one thousand 1000
shares OF ten dollar (SlUO each which capita
stock may b. increased 10 one hundred Thousand
dollars (slOUO UUl decreased to the OEgiBA
amount by q vote OF twO-thlrds a. Of the stOcB
represented at any meeting called for that puT
pose. in amount. and by complying with the lave
Of the Stat Of Louisiana and in event Of such in
crease. tire original stockholders shall have the
night and privilege in proportion 10 their stOcb
then held, t. subscribe to such increase Of stock
at the par value thereof
Said corporation shall be authorized to com
menCe business when five thousand dOllArs
Is, 10000 Of it capital stock shall have been
subscribed. All stock will he paid for follows
tOwt Five (5 per cent. or before the first day Of
November. 1885, twenty per cent, Oh the first
day Of December 1888 and ten per cent per
month thereafter until the whole amount II paid
In cast any subscriber 10 the capita STOCK shall
fail 10 pay any installment above ordered. and
the same shall remain unpaid tUr thu space Of
thirty days thereafter he shall forfeit Ia tho
COMPANY al amounts previously paid and all
nights obtained by and under his subscription
at the discretion OF the board Of directors.
ARTICLE Y.
Transfer Of stock shall be made only upon the
books Of the company. and No stOckhOlder shall
BE- authorized 10 sell any shares at private sale
10 any one unless he shall have first offered such
share OF shares to the company at ths same pTlcc
he may b. offered for the same.
ARTICLE VI
All the corporate powers Of this company shall
be vested in and exercised by board OF directors
OF seven stockholders, who shall Own,
in their individual name not less than ten shares
Of the capital stock said directors shall be
elected annually on the second Monday Of JRnu
al lut uIbl erection uulltl TINS GLEdTlti 10 Dt
held III 49, such election shall be by ballot and
conducted al the Office of said corporation under
the supervision Of three commissioners, to be Rp
pointed by the board OF directors of which cleo
ton Ten days notice shall be- given in one OF the
papers published in the city Of Lake Charles
each share OF stock shall be entitled to one vote
which shall be cast III person minors may be
represented by their tutors, ladies may vote by
proxy, and a majority Of the votes cast shall
elect and the directors so elected shall serve IN
til their successors shall have been elected anC
have qualified failure to elect directors OF
the day fixed shall not dissolve the corporation
but the existing board Of directors shall Caus'
another election 10 be held Within thirty days
of which prior notice Of fifteen days shall be giEeI
i'll q newspaper published in the city Of Lake
Charles.
ANY vacancy occurring in said board, from an,
cause whatever shall be filled by election bytbi
remaining directors.
Five directors shall constitute quorum for thI
transaction OF business, and the board Of dlTcC
tUrr. at its first meeting, shall elect one OF it
number to be President, and another to be Vice
President, and shall also elect q Secretary ans
Treasurer.
Said board of directors may appoint from
time to time, and dismiss at pleasure such officers
clerks. agents. other employees as they ma,
deem necessary for the business and purposes q
said corporation and it may make and establish
alter and amend any and all bylaws, rules ant
regulations requisite for the support and man
agement of the affairs and business Of said cor
pOTatiOn.
operations, when five thousand dollars e. 600. 90
OF its capital stock shall have been subseribe
for and until the first election shall be held unde
this charter on the second Monday Of January
1889, the following named stockholders shal
constitute the first board of directors Of said col
pOratiOn, vested with all the powers herein befOT
enumerated, and 10 continue In office until thei
successors shall have been elected and hay
qualified, viz Seaman A. Knapp, Joseph j
Williams. Bben +. Massey, Harrison c. Drew
AdOlph Meyer, James W, Bryan and Capital
William II. Haskell.
ARTICLE VII
No stOc6holder shall ever be liable or Tespons
bic for the contracts or faults Of said CGrpOratiO
in any further sum than the unpaid balance an
him nor shall any mere infOrmality Of organic
ton have the effect of rendering this charter nl
or exposing any stOelEholder TO any liability b
yOnd the amount Of his subscription for stock.
ARTICLE VIII
Whenever this corporation is dissolved, eth
by limitation or from other cause, its affairs shA
be Hquidated under the saperintendance Of thrs
stockholders to be appointed for that purpose (
general meeting Of the stockholders convene
after thirty days prior notice, and with the asset
of twO-thiTds lsl Of the stock represented at a.
meeting called for that purpose, and in case :
the death Of one or more Of said commissioner
the survivor shall have power to continue 10 ae
Thus done, read and signed at my Office in Il
city OF Lake Charles, Louisiana, IN the preseD'
Of Arthur A. Wentz and Fred. g. Callfins, laV
full witnesses, who hereuntO sign, together wit
said appearers and me, Notary, on the da.
month and year first above written
Attest:
&c. CALKINS,
IS. A. KNAPP, l--.
EFF. MASSEY,