The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1893-05-12

and appeared the several persons whose Bamea
are heTeunta subscribed who scyerally declared
that ayailing themselves OF the pTeyislon8 Of the
general and special laws Of thia state relative W
the organization OF corporations they have con-
tTaeted and agreed, and By these presents do COW
enant and agree, and bind and ohligate themselves
as well as such persons aa may hereafter became
associated with them, or their successors TO form
anti constitute a corporation and body polite in
law, and for the objects and pufn0seai and under
the agreements and stipulations following, towit
ARTIoLEI
The name and title of said corporation shall be
4THE COMPANY LIMITED u
and by that name said corporation shall have
power and authority To exist and enjoy succession
for the full term and period Of ten ti0l years from
and after the day aud date hereoe to contract sue
and be sued 70 make and use corporate seal and
the same to alter or change at pleasure TO hold
receive lease, purchase, alienate ana convey, aa
well as mGrtgage aud hyp0theoate prop 7FtY reQi
managers, directors officers or agenta as the In
teTests ot said corporation may require, and "
make aud establish such rules aud regulations
atiUn Of the al1aiTa Of said corporation as may DO
necessary and proper aud the aaalo to change al
pleasure
ARTICLE IL.
The domioile Of said corporation shall be IN the
city Of Lake Charles, Oaloasieu Parish State Of
Louisiana and all citations or other legal process
shat be served on the President Of said corpora
NlN N tNab VI llla udhuhb VNl Flin
and id ease Of the Nbseuse of both upon tho Soc
retatJ thereof
ARTICLE hi.
The objects and purposes for wbiCh this cor
pUratiun Is established aud the nature Of tho
business 10 bB carried on by it, are declared aud
specified to be the manufacture Of wired picket
fence and for that purpose to purchase patent
hand and power fence machinery or 20 acquire
such machinery BY invention, patent or copy
right; aud to sell or dispose OF such manufactures
patents or copy Ci9hta aud To do al saoh acts and
thugs AZ may be necessary aud proper 70 carry
out tho purpose and objects Of this corporation "a
herein above set forth,
ARTICLE ~.
The capital stock OF said corporation Is hereby
liked st the sum Of fifteen Thousand Dollars
sl5 ON0 00l, 10 be represented by one hundred and
ltity Q50 shares Of the sum Of One Hundred Dol
lars (sl00,G1t each, said corporation shall com
meuGe business aa sopn as Seven thOusand Hivu
Hundred Dullars lsL50QO0l Of said oapitm stock
shall have been paid IN cash og ita equiyaenG
into the treasury, No stock shall be issUed until
fully paid tor, in all cases no transfers of stock
shall be binding upgsB such transfers shall hayo
been duly recorded in tho hooka oE the said cor
pofattpR Should any menher Of the corporation
desire to dispose OF his 5tpck 10 the samo h0 shan
first offer his shares to the remaining Gkhnldera
Who SHAH have the right to purchase A. ruling
to Ge issued at the discretion Of the Board Of Dt
ARTICLE VI
All the corporate powers Of said corporation
shall be vested in aud exercised BY board Of
Directors to be composed Of ave (5i stpCkhuldarg,
three (8l Of whom shall constitute quorum sum
oient for the transaction Of business. The said
hoard shall 10 elected annually on the second
Tuesday of March of each year beginning in tho
year 1884 All such elections shall be held BY
ballot al the 0iiCo Of said corporation under the
supeTinteDdenGe OF three (il commissioners TO be
appointed for That purpose by the Board OF Dtrac-
tors and ten days prior notice Of suqh election
shall have been given by publication ~ . news
paper published ig Tho GttY q Lake CHARLES, "a
Each share Of stock shall be eutitled TO one vote
to be cast by its owner either In person or bY
prnKy, and the majority Of Vptea cast shall elect
Ile lallnEo g elect b9ard q nifeetefs q the
time herein above specified shall not forfeit this
charter nor suspend the business oil said corpora
ton bat the direGtara in office shall continue IN
the exercise Of their duties until their sucoessors
shall have been elected aud taken their places at
ter due notice Of their election for the timn aud
In tho manner provided for iu this article. Va
CanCies occurring IN said board shall be Oiled by
the remaining directors. Al the FIRST meeting fol
lowing each election said Board Of Directors shall
elect from their number President Vice PFea
dent and also Secretary and Treasurer, which
land exercised bY one aud The same person, Said
Board OF Directors sball ha composed Of Wm ~
Ramsay, Edwin r. Stone, Je8snH II, Hodge RObt IT,
Mason, and Charles s Ramsay with p. i, Stone AZ
President w, d. Ramsay as Vice. President, J.P
Hodge as SECRETARY and Charles s. Ramsay AZ
as the iirst Board oG IireGtops to serve as such
until the second Tuesday Ia March, 1894 and un
Ill their successora shall have baeu elected
ARTICLE VI.
Whenever this corporation Ia dissolved either
ny limitation or Otherwise, It's affairs shall be
liqui ated and settled by three commissioners, to
bG appointed for that purpose by the Stockholders
Of said corporation, at general meeting to be
convened f9r that purpose by the Board Of Direc
toFs after thirty i30l days publication IN o news
paper published ~ the CITY ot Lake Charles La,I
salH meeting to 20 heid AZ the oiAGe ot said
corporation, said commasoners shall he toek.
holders Of said Corporation and shall remain
w 9liee untll th3 atMlm 0f Haid corporation
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