The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1889-09-27
CHARTER.
STATE OF LOUISIANA, |
RAnIaEI nH ClALnAaInIt

{
PARISH OF oALoAslEu
Be it Known, That on this the Third day of
August, A, u. One Thousand Eight Hundred
and Eighty Nine, Before me- Edmund ID. Miller
a Notary Public In and for the Parish OfCalea-
sieu, Louisiana, and In the presence Of the wit
nesses hereinafter named and undersigned, Per
sonaliy came and appeared, the pers0ns whose
names are hereuntO subscribed who soverally
declared, that availing themselves of The pr0yi
sons of the general laws Of this State rentiye to
the organization Of corporations, they have
formed and organized and do hereby form and
organize themselves into and constitute a COZ.
poFhtion, for the objects and purposes and under
the stipulatl0ns and agreements hereinafter set
forth, which they hereby adopt as their charter
t0,wit;
The name and title Of the corporation hereby
formed is declared to he, LOCK, MOORE AND
CO." tLimited), Its domiGile shRll be the vii
lage Of LockPort, Caleasieu Parish, Louisiana
1t shall have and enjoy succession by its cor
pOTate name for the period of thirty years from
and after this date, IL may have seal with such
device as shall be selected by the Board of Direc
toIs u shall nave the Flght 70 bold, pnEShase,
mortgage sell and convey property, movable and
imm0Yable, and to sue and 30 sued in Its cor
Porate name, The President and In 10 absence
NE Secretary Is the officer on whom citation and
all legal process shall be served
ARTICLE II.
The objects and puTpOses of this corporation
are TO conduct and carry ON general timber and
lumber business and manufacture Of articles
nom woodi to cut logs and timber, and convey
the same to market, 70 build and operate nlils,
to buy and sell lands, timber aud general neT
chandise, and finally 10 do and perform any and
every act and thing necessary 10 carry out all or
any OF the purposes Is herein set forth,
ARTICLE ILL.,
The Capital Stock of this Corporation Is do,
olared to be the sum Of ONE HUNDRED THOU
SAND DOLLARS, divided into ONE THOU.
SAND SHARES of the value of ONE HUN
DRkD DOLLARS each all stock 10 10 paid in
null in cash Tor Its equlyalentl at the time Of
subscription. The Capital may be increased, on
complying with the requirements OF law, to
sum not to exceed Three Hundred Thousand
Dollars, aud should the Capital st0Gk be In.
shall have tho right to take by preference,
shares Of the additional or increased stock, pro.
Portionate to the number of shares then owned
by them respectively.
ARTICLE ".
All the corporate powers of this Corporation
shall be vested In and exercised by Board Of
Directors TO consist Of three stockholders, three
Of whom shall constitute quorum for the trans
action Of all business, with full power TO pur-
chase, sell, and mortgage property, machinery
etc, 30 mako, sign and execute contracts, deeds
and to issue and deliver full paid stock in pay.
aeht m Of of nights Of property actually received and
carrying out its objects and puEpOssa, to make
and establish bylaws, rules and regulations for
the management Of the business of the company
to hire, employ and discharge all officers agents
and employees not herein provided for, and TO fix
all salaries The Board Of Directors shah elect
a manager, whose pewers and duties they shall
fix,
The frat Board of Directors shall consist of Q,
II, MOORE, A. W RYAN AND GEORGE
LOCK, with the said M, W. RYAN as PreAldent,
G. II. MOORE as YiCe President and GEORGE
LOCK as Secretary and Treasurer they shall
bold their Offices until the third Monday in No.
velnber, 1890 (OT until their successors elected
and qnalihedl and In tho event Of . vacancy 0C.
curing in any Of said offices or in the Board of
Directors, The remaining Directors shall have
power to fill such vacancy, but no person other
than stOCkh0lder shall be a Director. The
same person may be Secretary and Treasurer,
but the Treasurer must always be one Of the
Board Of Directors
ARTICLE v
The election of Directors shall hereafter be by
a majority Of the votes Of all the stockholders Gf
the Corporation who shah be represented at the
meeting at which such election Is held, each
share Of stock to count one vote Such election
shall take place at tho annual meetings CT the
STOCKHOLDERS, which meeting shah be annually on
the third Monday of November of each year al
10 clock a. m. at the dOmiCile OF the company
in CalCasieu Parish, La provided, the trat ele6-
ton shall not take place or be held until the
third Monday in November, 1880, at which time
the term Of office of the present Board Of Diree.
ARTICLE VI
This charter may be amended or altered OF the
Corporation dissolved BY vote Of three 'fourth5
of the stockholders represented at the general
meeting convened for that purpose after thirty
days notice shall have been given By publication
In one Of the newspapers at the place Of the
dOmlcile Of the Corporation, and notice mailed TO
each OF the stockholders known Tor their author.
ized AGENT ten days prior to the meeting. The
liquidation Of the affairs Of the company, either
by liquidation or otherwise shall be made by
three commissioners, t9 he appointed for that
purpose BY majority OF the Stockholders pres.
eDt Or represented az the meeting after notice
given as required by this article.
ARTICLE VII.
No stakeholder shall ever be liable for the con,
tracts aults Of this corporation In any further
sum than the unpaid balance due, to the corpora
ton on the shares owned by himj nor shall any
informally Ia Organization have the effect "
rendering this charter null Or 0f rendering any
stakeholder liable beyond the amount of his
stock,
Thus done and passed in the presence ofJ. G.
Gibbs and G.. ~ Richard, who sign with the
parties hereto and me, Notary, on the day and
date first above written,
Original signedl W. RYAN,
9. II. MOORE
GEO LOCK,
Witnesses
]. G. GUNS
G, NJ. RICHARD.
before me, tsignedl Z. D, MILLER
Notary Publie.
have examined the foregoing &C t Of incOrp0ra.
tion of Lock, Moore & CO., (Limitedl and am Of
the opinion that the objects and purposes Of said
corporation arc legal and that none Of the proYi
si9ss thereof are contrary e Y IaTg grpps
District Attorney i4th Dist. La.