The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1888-12-14
CHARTER
or THE
Lake Charles Canning COMPANY,
LIMITED


DIMITED.l
UNITED STATES OF AMERICA,
STATE or LOUISIANA PAEIsI OF EAJCAsIETr :
CHI OF LAKE CHARLIE }
TnF IT KNOWN That On this the Fifteenth
ID I5th) day Of October in the year Of our
Lord one Thousand eight hundred and eighty.
eight and OF tine Independence Of the United
states the one hundred and thirteenth; before
"a AUGUSTUS n. MAYO, a Notary Public daily
commissioned and qualified. in and for said parish
and state and IN the presence Of the Witnesses
hereinafter named and undersigned, personally
came and appeared
SEAMAN a. KNAPP, Jos I. WILLIAMS.
FBFN i. MASSEY JOHN MCCORMICK
ADOLPH MEYER, JAMES ". BR1AkL
WM. r. HASKELL. ST.. UAhLs- ALBANIAN,
STEPH7K ". MEADE.
who for themselves and sHeh other person or
persons who may associate or become assoCi-
aFed with them ssveTally declared that, HTAli-
ing themselves OF the general laws Of the state
relative u the organization OF corporations toI
works Of public Improvements, etc, they have
formed themselves into and constitute a COZ
puTztiuu with all the powers vested by Law IL
Each corporations. and do by these presents cove
nan1 and agree and bind themselves under the
following agreements and StIpUlatlnns- which they
adupt ns their Charter t1-wit
ARTICLE /
Tn narnn and title Of said corporation shall be
TN LAKE CHARLES CANNING COMPANY
LIMITED and its domiCile shall be in the City
Of Lake Charles, State OF LDulsIana- and by t nat
name the said corporation shall have power and
Authority "a have and enjoy corporate eXtsEAnoe
and succession for the term Of twenty-five t2S
wears from and after the day and date hereof Ia
contract. sue and be sued To make and use cor
pHIatr seal and the same Ia break and alter al
pleasure ami 10 bold receive lease purchase and
co8vey. a. well a hypOthecate and mortgage IN
de- the corporate name property both real and
VsF-7 and Ii hzT 10
necessary to carry out the objects Of this coTPoT
alton.
Al ciIstiuns OF other legal process shall be
served Or the President and case Of his absence
Upon the Vice President and the case Of the
absence Of both upon the Secretary
ARTICLE III
The purpost. for which this corporation is esrab
shed and tine nature Of the business 10 nc carried
or by IL aTr declared and specified to be the
development OF the agricultural resources OF tins
paTlsl. and STATE the establishment, maintenance
and operation OF q canning and evapUraf1HE
mAuuiaCtOry. OF manufactures. for the CONVEX
SION OF the produc Is RAISED gathered OF acquired
by this corporation into EOUds. wares or COmmod
itles and tbe sale of such products either as raw
material o. IL q manufactured state.
ARTICLE ".
The capital stock Of said corporation is hereby
hEed al the sun. Of ten thousand dollars $50.
DlUI Ia be- represented by one thousand 1000
shares Of ten dollar tslot each which capital
stock may be increased to one hundred thousand
dollars tS1Ol Dg1I Or decreased to thu original
amount 10y 8 vote OF UWUthir8s g. OF the stock
represented Al any meeting called for that puI
pose i'll amount. and By complying witt the law f
OF the Stats OF Louisiana and IN event Of such II
cFease tine original stakeholder shall have the
night and privilege in proportion 10 their stock
then held. II subscribe 10 such increase Of stock
al the par value thereof
Said corporation shall be authorized to CON
mencc business when five Thousand dollars
rs, OOOOOl Of its capital stock shall have been
subscribed AL stock will be paid for follows
IuwlJ Five F5 per cent? OF before the first day Of
November lsse. twenty per cent. OIL the first
daV Of De6embvT- 1855 and ten per cent. per
month thereafter until the whole amount II paid
In any subscriber 10 the capita stock shall
fail 10 paw any installment above ordered and
the SAINT shall REMAIN unpaid tOI the space OF
thirty days thereafter BE shall forfeit t. the
COMPANY all amounts previously paid and all
ughts 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 tBc CUmpany and stakeholder shall
be authorized L. sell any shares al private sale
II any one unless he shall have first offered such
sharr or shares to the COMPANY al the same price
he may be offered for the SAME
ARTICLE VI
An 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
Of the capital stock said directors shall be
elected annually on the second Monday Of Janu
airy. the first election under this charter to bo
held in 1899, such election shall be by ballot. and
conducted at the Office Of said corporation undel
the supervision of three commissioners, to be ap
pointed by the board Of directors, of which cleo
ton ten days notice shall be given in one Of thu
papers published in the city of Lake Charles
each share of stock shall be entitled to one vote
which shall be cast in person minors may b.
represented by their tutors, ladies may vote b,
proxy and a majority of the votes cast shnl
elect and the directors so elected shall serve IN
! til their successors shall have been elected an
have qualified. A failure to elect directors o.
the day fixed, shall not dissolve the corporation
but the existing board of directors shall CauB
another election to be held Within thirty day.
of which prior notice of fifteen days shall be give
in newspaper published in the city Of LAX
| Charles.
ANY vacancy occurring in said board, from an
Cause whatever shall be filled by election by tn
remaining directors.
Five directors shall constitute q quorum for tn
transaction of business, and the board Of diTeI
tors at it's first meeting, shall elect one of ii
number to be President, and another to be Vic
| President, and shall also elect n Secretary an
Treasurer.
Said board of directors may appoint, fro
time to time, and dismiss at pleasure, such officer
clerks, agents, other employees, they ma
deem necessary for the business and purposes
said corporation and ii may make and establish
alter and amend any and all bylaws, rules al
regulations requisite for the support and ma
agement Of the affairs and business OF said co
pOratiOn.
Said corporation shall commence business,
operations, when five Thousand dollars $4,000
of its capital stock shall have been subscribe
for aud until the first election shall be held und
this charter on the second Monday OF Januar
1859, the following named stockholders shf
constitute the first board Of directors of said CO
pOratiOn, vested with all the powers herein befO
enumerated, and TO continue in office until the
successors shall have been elected and ha'
qualified, viz: Seaman A. Knapp Joseph
Williams, Bben +. Massey, Harrison c. Dire
! William H. Haskell.
I ARTICLE VII.
No stakeholder shall ever be liable or respOn
Bile for the contracts faults Of said corporate
in any further sum than the unpaid balance d
on the shares of stock subscribed for or owned
him, nor shall any mere intOrmAlity Of Organii
ton have the effect of rendering this charter III
or exposing any stOekholder TO any liability I
y0nd the amount Of his subscription for stock.
ARTICLE VIII
/ Whenever this corporation is dissolved, eth
by limitation or from other cause its affairs sh
! be liguidated under the Buperintendanee Of thT
Stockholders to be appointed for that purpose
q general meeting Of the Stockholders COnVen
after thirty days prior notice, and with the asse
Q Of twO-thiTds lsl of the stock Represented at a
: meeting called for that purpose, and in case
the death Of one more Of said commissions
, the survivor shall have power to continue TO a.
J Thus done, read and signed at my office in t
T city Of Lake Charles Louisiana in the presen
of Arthur A. Wentz and Fred c. Calldns, Ia
ful Witnesses, who heTeuntO sign, together wi
said appearers and me- Notary, on the dR
month and year first above written.
Attest:
&c. CALKINS,
( A. A. WEHEZ
S. A. KNAPP,
EFF MASSEY,