The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1907-04-20
CHARTER
castagnos Cane Loader Com
Limited.
OF THE

Cane Loader Con
Limited.
nE TT KNOWN, That on this slzte4szsds ~
of March, in The year Of on
thousand nine hundred ana saxsls 80
$3.50, sxuorIs and anal fled and in sha pres
IF the witnesses hereinafter named ne - a.
Savfn! 4 resident Of the parish Of
Tosenh B. Castagnos and W Imam s. ~
residents of the parish of Ascens!oa
fall afye who declared that awaiting tnst4as
81 the provisions of the laws OF this slaIes
yiding for the organizatio Of 81 IL
particularly of Act No. 80 OF 1850 anu -
salves and the persons who may become 49,
eiated with Them into body pol1tlc az 5. s 81.
porate under the conditions ana ~
fo-V's' ARTICLE l..
The name and title Of this corE0Ta ~ I
be aAsTA7N0s CANE LOAD s ~ s s,,s
cession by its corporate name Tor E ne sAaea
ninety-nine (99l years from and aIsek g s
this act. 1880,
The domicil of this corporation 9naAi Is =
the parish OF Ascensions state OF Lou
be served on the president. and IN MS aoseslIs
or inability on the vice president Of saaa e9a
poration.
The objects and purposes of this corporal tor
for which it is organized. and the nature % taae
husiness to be carried on by 1t are declares, -
pose Of cane leaders and other similar machines
In connection Herewith to buy, SELL. znanu1ass
ture and act as agents for agricultural u pc
snents, and generally TO transact mach5nes
business; to make contracts and agreements e
regard thereto, and generally to carry OF 81
business which may be germane OF ancias9ssaz S
to the objects and purposes OF TINS co1pofA6s2A5
and to perform all acts which may be required
by the business for which this corporation 1s
formed.
The capital stock of this corporation Is here.
by fixed at the sum of twenty thousand Isl. ~
dollars, to be represented By two hundred lSggl
shares of the par value of one hundred l*1lgf
dollars each; said shares shall be full paid log
in money OF property or labor of some kind q
the Inc they are subscribed for and issilgd.
All shares shall be full paid and non-assessaDtes
No transfer of stock shall be binding upon the
company unless appearing On the books OF thls
corporation, This corporation shall become z
going concern as sooR as ten Thousand tSIus095
dollars of its capital stock shall have been SUD
scribed and issued.
ARTICLE v
This corporation shall have the power and
authority to contract, sue and be sued IN lis
corporate Damei to make and use corporate
seal; to hold, receive, purchase, convey and
lease under its corporate name property Both
real and personal, including patents and patent
rights; to borrow money, Issue notes sud obii-
cations, aud to mortgage and pledge saEnei
name and appoint such managers directors
and officers as its interests and convenience
may require, and to make and establish such
bylaws and regulations for the proper manage.
ment of its affairs as may be necessary and
proper and to amend same at pleasures
ARTICLE VI.
The business of this corporation shall be
managed and conducted by board of direst
shall be elected annually on the first Saturday
of January of each year, beginning with tins
year 1908. and annually thereafter on tbs same
day and month. Each snare of stock repfs~
senfed 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 So
lect from their own mum Der president, glcs
president and secretary; and the following
of directors, who shall serve until tho first Sat
urday of January, 1903, or until their Successors
have been elected and qualified, to-wIt
John g. Guyton. Joseph y. Castagno5 and y 1ls
liam F. Harrell, with the said John T. GHgkoa
as president, the said Joseph B. Castagnos as
vice president and the said William z. Harra1
The said board OF directors shall have power
to appoint and dismiss agents. clerks and efa-
ployees, liz terms OF service, Or may delegate
such power to the manager. no failure to-8saEE
directors shall be regarded as forfeiture of this
charter. Vacancies occurring on the board &c
directors shall be nlled by the remaining direct
ors. and the majority OF the directors shall con-
stitute quorum for the transaction OF all bus
ineSss
Each share Of stock shall be entitled 10 one
vote at all meetings of the stockholders, and
upon the written notice OF two or more stock
holders, the president shall call meeting 81
the stockholders, and all such notices of stock.
holders meetings Or notices OF election shall
DO BY three days written notice mailed or de-
liYered to each stockholder at his last known
address fled with the secretary of the cons
pany, but the meetings may be held at any time
By the unanimous consent Of all tha stocks
,.sse,ss1 ARTICLE VIE
This corporation by and through Its board
of directors may borrow from time to time such
money as may be required for the acquisition
Of property, rights, patents or franchises. or
conducting its 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 tho property,
receipts of said corporation, payable On such
terms as the board of directors may desianaks,
and with power to sell, pledge OF otherwise
dispose of such bonds and obligations On such
terms as the board of directors may deem ex.
ee-s' ARTICLE VIII.
No shareholder shall ever be liable or re-
spensble for the contracts faults of said COR
poration in any further sum than the unpaid
owned By them; nor shall any informality IN
have the effect of rendering this
Smarter null, or expose stockhoIder TO ang
ia bility beyond the amount remaining unpaid
IN his subscription to the stock
ARTICLE TX.
This act OF incorpora tion may be altered or
modified or the corporation may be dissolved
1y vote of three fourths of the capital stock
ii this corporation at general meeting Of the
.locknolQefs eaIIeQ Tor thai purposes af6er t7ga9
lays written notice as provided In Article II
lnless said notice shall be dispensed with 81
he unanimous consent of all stockholders.
ANY director of this corporation may Ia writ
ng appoint any shareholder IN the corpora fion
IS his proxy. to represent him IN his absence
" whan unable to attend the meetings Of tbs
soard. Such proxy shall exercise ali the poRers
ind privileges of his constituent.
ALI elections shall be held under such ruIas
md regulations as may be determined By the
80 : 4.'ss ARTICLE <.
Whenever this corporation is dissolved BY
imitation or otherwise. its affairs shall Be
iquidated BY TIRES commissioners appointed
or that purpose by the stockholders. Said
commissioners shaal be vested with full power
O sell and dispose of any and all the aesefs
md property, both real and personal, Of the
orporat ion, and convey full and complete titls
hereto. They shall have the power to do and
erform ali acts useful and necessary and %
nily and completely hquidate its al airs and To
distribute tbs proceeds, If any, among the
shareholders. In case of death or inability %
ct Of any commissioner the others shali be aus
horized to act.
The subscribers have hereto set Opposite their
espective names the number OF shares anhe
cribed for By them, and this act shall serve as
he original subscription list OF said corpora
ion.
Thus done and passed in my Office ID the town
Donaldsonvile, parish OF Ascension ska e @
souisIana, on the day month an5Nssag first
boye written, in tbs presence Of Messrss 6. 4.
'eBlanc and 8. q. Weber, competent witnesses,
no have hereunto signed their names vii the
aid appearers and ms. said notary. after duo
sading Of the whole
0sEPH b GAsTAaIos 4 s shares
LILLIAN z. AARRELl4.....s.. One share
Witnesses