The Jennings daily record., 1902-11-08
CHARTER
Southwestern Engin-
eering Company,
Limited.
State of louisiana !
Parish OF Calca sieu. !

Z dflSA Ol Od1CS1Stcus
Be it known that on this 3Oth day
of September, A. D. 1902, beforeme, the
undersigned, a notary public, duly
commissioned and qualified in and
ror the State of Louisiana and Parish
OF Calcasieu, and in the presence of
the undersigned witnesses, personally
came and appeared the persons whose
names are hereuntO subscribed, who
severally declared that, availing them
selves OF the provisions of the laws OF
the state of Louisiana governing the
organization OF corporations, and
more particularly of Act 36 OF 1855,
they have formed an organized, and
by these presents, do for A and organize
themselves into and constitute a cor
and under the stipulations and agree
ments hereinafter set forth and ex-
pressed, which they hereby adopt as
their charter, to wit:
ARTICLE I.
The name and title of the corpo.
ration hereby formed, is declared to be
THE SOUTHWESTERN .ENGIN--
EERING COMPANY, LIMITED
It's domicile and principal place of
business shall be at Jennings, in Cal.
casleu Parish, Louisiana, and it shall
have and enjoy succession by its cor.
porate name for period OF ninety
nine years from the date hereof, un-
less sooner dissolved in the manner
hereinafter indicated. All citations
shall be served upon the president,
and in his absence, upon the secretary.
ART. II.
rl,o o1,;eo%s oo1 ,,1,r,oroc fOr
which this corporation is organized,
to buy, own, acquire, mortgage, sell
or lease real estatae of every nature
and to contract to buy, sell, exchange,
and to accept for storage, all kinds of
grain. flour, feed and rice: to buy and
Sell all kinds Of machinery for cash or
credit, and to handle machinery of all
kinds, dn commission, and atall times,
to make improvements of every nature
whatsoever which may be deemed eX-
pedient and necessary.
This corporation shall have the
right to extend its operations along
its several lines to any extent deemed
profta bic or requisite, in manner
with said Act SO of 1888.
ART. III.
The capital stock of this corpo-
ration is hereby fixed at Six Thousand
CSC, ZOO. .O0) dollars, divided into shares
of One Hundred (S100. .00) dollars each.
The corporation shall be author
lied to begin business as soon as
purchased and paid for.
ART. ".
The capital stock OF this corpora
tion shall be increased or decreased
at such times ana to such amounts as
may hereafter be decided upon by a
vote OF the stock voting at
any meeting called f,r said purpose,
after thirty days written notice shall
have been given to each stockholder.
ART. v.
The powers of said corporation
shall be vested in board OF directors
to be composed of three stockholders |
to be elected on the first "Wednesday |
a fter the first Monday in october OF |
1902, and yearly thereafter. All Off |
GERS shall hold Office after the expira- |
ton of their term. until their success |
sors are elected and qualified.
Ten days notice by registered let |
ter, mailed to the last known address |
of each stockhold lder, shall be legal
notice of such election.
Each share of stock shall be en-
titled to one vote at any election OF |
the stockholders meeting and the ma
iority of the stock voted at such meet
ing, shall elect, provided that those OF
the stockholders who are unable to at
attend. shall be allowed to vote by |
proxy and that all elections shall be |
held by ballot.
Thel board of directors shall, on
the first Wednesday after the first
Monday in October, 1902, annually !
fter, elect from their number, a !
Treasurer and Secretary,
fhe first two named offices to be held
by the same person. All officers shall
be elected to serve during the term OF
the Office of the directors electing them. |
Three members OF the board shall
constitute quorum for the tran sac
ton of business. All vacancies in
the board of directors, shall be filed
by the said board Of directors during
the intervals between elections.
ART. vi.
This charter shall be amended or
said corporation may be dissolved by |
a vote of the stockholders owning nine-
tenths of the stock represented at a |
meeting called for that purpose, after
thirty days written notice shall have
been given to each stockholder.
In the event of the termination of
this corporation prior to the limit
fixed in the foregoing, its affairs shall /
be liquidated by three commissioners
who Shall be appointed by the stock
holders from their number.
A majority OF the stockholders
voting at such meeting, shall elect
such commissioners and shall estab-
lish the terms and manner of such
and shall make and define
the powers, duties and salaries of said
commissioners and the manner in
", n, ,,,ine ~ r,,,,, banc "