The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1907-04-27
CHARTER
-oF THE

OF THE
castagnos Cane Loader compa
Limited.
DE IT KNOWN, That on this sixte4sn ~
! ID OF March, in the year o. OF our h ai5s
! Gaiabe q sVeher. a notary public, duly coas
stoned, sworn and qualified, and e tIle sa ss5l
/ of the witnesses hereinafter named ~ YasIs
| signed. personally came and appeared, L, 100
/ Guyton, a resident of the parish OF lg pSsrfs
Joseph B. Castagnos and William :. arsass
/ residents of the parish of ASCENSION
| I'll 90 Who declared that availing theIas
Of the provisions of the laws OF this sta.as
yidng for the organizat55oon e 4eSs ~ Act
IF isoI tfey do oy these presents organise 81
selves and the persons who may 9. pscVsls S eof
norafe. nnder the conditions and stipui ga9e
| following, to-wit:
The name and title of this corporal Qn 49, ~
| be "ClASTAGNOS CANE LOADEksCS VI s sfs
| LIMITED" and it shall have and enjoy "a
cession by its corporate name Tor g pe5zlssa vi E
ninety-nine (99l years from and after uato &
| this act.
The domicil of this corporation shall ee e
/ the parish of Ascension, state OF A@onAsssse5
and all citations and other legal process $3.50 "A
be served on the president, and IN ms a2ssr
| or inability on the vice president OF saAe1 ~
pot''-' ARTICLE III.
The objects and purposes of this corporatlia.s
for which it is organized, and the natufe q ~
| business to be carried on by it are declaEsu ~
| be- To acquire. use, manufactures. sell anu 49, 80
DOSE of cane leaders and other sim1la ar ma
| n Connection therevith: TO buy sell, manuLae
ture and act agents for agrtcuItafat s Asslh
ments, and generally TO transact machale;;s
business: to make contracts and agreements y
| regard thereto and generally to carry en- ~
| business which may be gerInana or lnclAs 100
to the objects and purposes OF sis I
by the business for which this corporation =
| formed
The capital stock of this corporation is here
by fixed at the of twenty thousand lASslsSs Cg
dollars, TO be represented By two hundred 49,
shares OF the par value OF enc nanq q1 g; feT
in money or property or labor of some KIND at
the time they are subscribed for and lsaqaes
Ali shares shall be full paid and nen-assessa
No transfer of stock shall be binding upon E9e
company unless appearing on the books Of tn4s
corporation, This corporation shall becoms ons
going concern as soon as ten Thousand tS1AUJ4
dollars of its capital stock shall have been SUD.
scribed and issued.
ARTICLE "
This corporation shall have the power an0
authority to contract, sue and be sued IN 1ss
corporate Dame to make and use corporate
seal; to hold, receive, purchase, convey ana
lease under its corporate name property n0ta
real and personal, including patents and patank
rights to borrow money, Issue notes and oDll-
cations, and to mortgage and pledge same
name and appoint such managers, directors
and officers its interests and c0nVeniencs
may require, and to make and establish suen
bylaws and regula tions for the proper manage
ment of its affairs as may be necessary and
proper and to amend 49d,T SEINE {, at IT. pleasure.
ARTICLE VI.
The business Of this corporation shall Be
managed and conducted by board of direct.
ors to be composed of three stockholders who
shall be elected annually on the first Saturday
of January of each year, beginning with the
year 1885, and ANNUALLY thereafter on the same
day and month. Each shara of stock repre-
sented at such meeting shall be entitled to vote
for each director to be elected.
The directors shall make such bylaws and
rules as they may deem proper. They shall go.
lect from their own number president, a vice
president and secretary: and the following
named persons shall constitute the first board
urday of January, 1905 or until their successors
have been elected and qualified, to-wit:
John T. Guyton, Joseph B. Gastagnos and WI
liam F. Harrell, with the said John T. Guyton
as president, the said Joseph B. Castagnos as
vice president, and the said William T. Harrall
The said board of directors shall have power
to appoint and dismiss agents, clerks and en-
ployees. hx terms OF service, or may daIegata
directors shall be regarded as forfeiture Of thiE
charter. Vacancies occurring on the board OF
directors shall be filled by the remaining direct
ors, and the majority of the directors shall con-
stitute quorum for the transaction of all bus
mess.
Each share of stock shall be entitled to one
vote at all meetings of the stockholders, and
upon the written notice of two or more stock
holders, the president shall call a meeting OF
the stockholders, and all such notices OF stock
holders meetings or notices of election shall
be by three days written notice mailed or de-
livered to each stakeholder at bis last known
address filed with the secretary OF the COM
pany, but the meetings may be held at any time
by the unanimous consent Of all the stock
- ARTICLE VII.
This corporation by and through liza hoard
OF directors may borrow from time to time such
money as may be required for the acquisition
OF property, rights, patents, franchises, or
conducting it's business, the acquiring OF lands
or other property, or business interests or good
will. and for this purpose may issue bonds or
other obligations, secured by mortgage or
pledge, as the case may be, Of the property,
receipts of said corporation, payable on such
terms as the board of directors may designate
dispose of such bonds and obligations OF sI,el 81
terms as the board of directors may deem ex-
pedient.
No shareholder shall ever be liable or re-
sponsibe for the contracts or faults Of said COR
balance due the corporation on the sFares
owned by themi nor shall any informality ID
organization have the effect Of rendering CHS
charfer null, or expose stakeholder to any
lis b1lity beyond the amount remaining unpaid
on his subscription to the stock.
ARTICLE TX.
This act of Incorporation may be altered nr
modIhed, or the corporation may be Dissolved
by 2 vote Of three fourths OF the capital stock
OF TINS corporation at general meeting OF the
stockholders called for that purpose, after three
days written notice as provided in ArticIa VIZ
the unanimous consent of all stockholders.
ANY director of this corporation may in writ.
ing appoint any sharehoiderin the corporation
as ms proxy. to represent him In his abeenca
or when unable to attend the meetings Of the
board. such proxy shall exercise all the powers
ana privileges OF his constituent.
All elections shall be held under such rules
ana regulations as may be determined by the
ARTICLE K.
whenever this corporation is dissolved bv
I limitation or otherwise. its affairs shall Be
ilqu1dated by three commissioners Appointed
for that purpose by the stockholders, Said
commissioners shall be vested with full power
TO sell and dispose of any and all the assets
corporation, and convey full and conplets title
thereto. They shall have the power to dc and
perform all acts useful and necessary and IN
fully and completely Hquidats its aft airs and 10
distribute the proceeds, If any among the
shareholders. In case of death or inability Ia
act Of any commissioner the others shall be au-
5horized to act.
The subscribers have hereto set opposite tsair
names the number of shares aub.
'crlbed for by them, and this act shall serve As
ne original subscription list Of said corpora.
ion.
Thus done and passed IN my Office in the town
y DonaIdsonVille, parish of Ascension, state Of
Louisiana, on the day, month and year first
lDoYe written, In the presence of MesaEs
Leblanc and s. l.. Weber, competeRfs d
Who have herounto signed their names with the
aid appearers and me, said notary. after due
eading of the whole.
,o4x,- $1,000. signed.1
lDHA u. GUYTON. ....ss..sF ifty.one shares
0sEPH 3. l3ASTAGNOS :. Forty-eight shares
WILLIAM 4. HARRELL. s.s........O Ono share
Witnesses:
m