The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1889-05-11

tAfUuRcHE. SUGAR
REFINING COMPANY ::
s':2:" H-#.tLaxTssb.l'.
United. States Of kmsrica--State of
! Lou6sissxICity sof New Orleans
,,~. IP%riah Of Orleans.

! ~ sit =. t..,cN .,t,sG AZ. -
; BE n KNOWN, That on the eighth day of
'a sHr roS x' Es:s - .S5sit xumA AuGusr1s,
2 Notary Public II and for the Parish Of Or:
Stnte " louisiana, duly commissioned
and qualined. and. In the presence Of the Wit
nes6es hereinafter 'named' and undersigned.
p~essonaily came and appeared the several
ed, who severally declared
THAT availing themselves of the provi sions
OF an act Of the Legislature Of this state,
we'll as those of the general laHs of this State
relative to the organization OF corporations
for manufacturing purposes n works of
acquiring and enjoying the rights, privileges
and powers OF q body corporate and polite
in law, they have agreed and. do by these
presents agree and bind and obligate them
selv es, az well as all such persons who may
hereafter become associated with them, to
form a body corporate in law, for the objects
and purposes and under the stipulations and
conditions following, to.wit:
ARTICLE. FIRST.
The name and title OF this corporation shall
be the LAFOURCHE SUGAR REFINING
hereby declared to be In the Parish OF La.
fourche, in this State.
ARTICLE SEOOSp.~- 49,.
Thu objects and purposes OF said corpora
ton are hereby. declared to be. the carrying
on OF the business of refining sugar; the
manufacture Of sugar from syrtip or cane
purpose of manufacturing it into sugar the
contracting for the evaporation of cane Juice
or syrup from cane juice, in order to manu-
things necessary or incidentaf to the carry:
ing on OF a central s~ugar-houSe.
ARTICLE THIRD.
3 ne Capital Stock OF said corporation is
hnAIhV 1G<10rQ0 IN no the ANN IF Gftv.Po,r
I'D k0sand dollars, c$54,O0O) divided into one
b pdred and eight (l0e) shares, Of Five Hun
I'D Dollars each $500. which shares, it is
understood, shall be paid when called for by
the Board OF Directors no more than forty
t40) per cent of the subscription to be called
for within ninety 1907 days from the date Of
this act. On failure OF any stakeholder to
pay his subscription after due call by the
Board Of Directors, the said Directors shall
have the right. at their option, either to sell
said share or shares at PUBLIC or private sale,
as they may deem best, after thirty (30) days
written notice to the d~efaulting shareholder,
or to declare the same forfeited to the corpo-
| shall the stock also. The Company then to
have the power to dispose of said stock 90
forfeited, for its own benefit. This Associa-
| ton to commence business rs soon as the one
hundred 1nd eight {l09) shares dfthe capital
stock above provided for. shall hare been
| subscribed. Theacapfeal stock ofthis corpO-
ration may be increased to an amount not
exceeding sev enty five thousand dollars f$7.. :.
00o) in addition to the foregoing amount, but
no such increase shall be- made without the
| unanimous consent of the stockholders. The
| Board of Directors shall have the power to
call. before the expiration of ninety (9O) day.
+ Neutrality-suspicious., the balance due on
the subscription Of the stock, but in case OF
such call. the s~tockhofder shah have the right
70 respond 70 the same by fu~rnishjng.hts pro.
missory note to the order OF the Company, fol
the balance Y N. his subscriptions. said
provided said eight p0ntha do not carry thu
/ MATURITY bfthe note later than the first da,
! of February, ei9(Neen hundred and ninety
! Upon the furnishing of said note, the stocl
shall issue to the ssnbscfibef, as fully paic
/ stock, but the same shall remain In the hands
Of the corporatiohlt0 secure the payment d
the note.
l.. - AlBTfCIE FOURTH.
The huainess afain ~ safd Cotpnta&tor