The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1902-09-12

PARISH OF CALCAsIEU.) 49,
Before me, Leland H. Moss. notary public
duly Henry ~ Tanz Frank B.
Caffal and Erastus II. Bolng, all OF alc a?i
Parish Lo9isiana VINO Of the laws
Of this state relative to corporatons' anR fs-
Pecaly Of the W oi ae' Of f" 1888 they
have covennnted and agreed and by THESE pres
ents do covenant and agree ana oa6,raunorntinn
selves to form and constitute corpor"I aOa
and body polite in law, for the purposes anu
objects, and under the stlpu!atlons ana "r'l-
Giles following, to-wlt:
ARTICLE 1.
The name of this corporatio ration shall shall De
WELSH MAcUINE AND WELL WORKS C3mpANldi
LIMITED. It's domicile is hereby estabnshed
State of Louisiana. Under its corporate name
this corporation shall have power to contract,
ses an to De ho Si1 p S1 improve ALLEVIATE
convey, sell, borrow, pledge. mortgage, lease;
let hire and to AND 9o appoint
such officers, directors and managers as tne
interest Of this cGrpor9tion may require req TO
tions for the proper management, OF It's ailalrS.
and to do all other acts permitted by law, or
the Objects and purposes of its organization.
This corporation, unless sooner dlss2itea IN
accordance with its charter, shall exist ana
continue for a period of twenty-five years
from and after the date hereof.
The president, or in his absence the secre-
tary and treasurer shall be the proper person
upon whom citation other legal process
shall be served.
ARTICLE II.
The objects and purposes for which this cor
poration is organized are declared to be to own,
maintain and operate machine shops for the
general manufacture and repair OF machinery,
to sink wells for oil. minerals irrigation or any
other Purposes and to gym and 1peratbG tine
and implements, and to carry on general
mercantile business.
ARTICLE III.
Che capital stock of this corporation shall
no Nv five thOuSan1 dollars IL
yided into and represented by two hundred
and fifty shares OF one hundred dollars lars SlOoii7
or It's equivalent. This corporation shall be
authorized to commence business as such I1
have been subscribed for; not less than 10 per
cent. of the par, value Of the capital stock sub
scribed for shall be paid for in cash or It's equiv
aiant at the time of subscription. The unpaid
balance to be paid in at such times and upon
designate. No stock shall in any case be issu.,
ed until the consideration has been received
Any stockholder may sell assign or transfer
his stock in this corporation provided thirty
and the other stock holders Of, such intention,
and thev shall have first privilege of purchas-
tran ssa Shall be valid until the same has been
entered on the books of the company II IN Its
fractional part of a share shall be made.
ARTICLE ".
The corporate powers of this CORPORATION
shall be vest ed in and exercised by board of
directors, three in number, consisting of
R treasnrer Two Of the said board Shall con
stitute a quorum for the transaction of bust
valid corporate acts. No person shall be ELI
gible as director or officer of this corpora
ton who is not a stakeholder III this corpora
The following persons shall constitute the
Lake Charles. La, president; Frank B; Caffal,
Of Jennings La vice president and Er tn
In the oi absencs Of the president the Wee
president will act and preside.
nBf the first Mondv in june 19o
which date and annually thereafter a board of
directors, shall be elected, or in case the, said
da tie is a legal holiday on the next legal day
Notice of said election shall be given at least
ten days previous by notice in a newspa per
published in Welsh, a. In case of a failure
for any reason to hold an election on the day
until their places are filled by election,
to be provided for by the acting board of
At every meeting of the stockholders each
stocl1h holder shall be entitled to, one vote for
each share Of stock registered In his name, anG
The election Of directors shall be by ballot;
INN ediately after each election the board OF
directors shall elect the officers of the company.
ARTICLE V.
The board of directors shall have full power
to fill all vacancies in their number caused by
death, resignation or otherwise from among
the stockholders Of the corporation.
The board of directors shall have full au7
employees as it may deem necessary, and to Fl
their salaries and to confer upon them snch
board Of directors shall have power to fix the
salaries of all officers herein provided for.
ARTICLE VI.
This charter may be changed or amended
the capital stock increased decreased, or
this corporation may be dissolved Mt n general
meeting of the stockholders convened for that
purpose, with the assent of three-fourthS of
the capital stock either present or represented
at such meeting: ten days prior notice of such
hn flnI for
In case Of dissolution or termination of this
charter Or from any other cause. the liquida-
ton of its affairs shall be conducted by three
holders, with like assent, at a meeting called
for that purpose, with notice as provided for
Said commissioners shall remain in office
until the affairs of the corporation have been
Of said commissioners the survivor or survi-
vors shall continue to sit.
ARTICLE VII.
No stockholder of this corporation snail ever
balance due this, corporation on the shares OF
Shall informaiity in oreanization have the
effect. of rendering, this charter null or Of
This done ana passed before me at my. office
9th day Of June, 1909, in the presence Of
Edgar N. Collins and Charles 4. Mccoy com
their names together with the said parties and
me, notary, after due reading of the whole.
E Mbfn9Sf y. COLLINS, 4 + B. B. G Xxx
G.. A. Mccoy. Z. II. BOXING.
{sE4I:} ''''' T LIZ; H; Mq e,
STATE OF LOUISIANA, }
This is to certify that the above and fore
going act of incoTporati0n Of the WELSH
he LIST 70