The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1917-12-22
A r T E r
CASTACNOS CANE LOADER COMPANY,
INCORPORATED.

|
| United States of America-State of Louisi
| ana-Parish of Ascension.
DE IT KNOWN and remembered that or
| I'd this 14th day of the month of December
in the year of Lord one thousand
| nine hundred and seventeen, before me
Richard Melancon, notary public, duly com
| missioned and qualified in and for the parish
| of Ascension and state of Louisiana, and II
| the presence of the witnesses hereinafter
| named and undersigned, personally came anc
appeared the several persons whose names
are hereunto subscribed, who declared that
availing themselves of the provisions of the
laws of this state, they do hereby unite and
form a corporation, and do adopt for said
corporation the following charter and articles
of incorporation, to-wit:
ARTICLE /.
The name of this corporation shall be
CASTAGNOS CANE LOADER COMPANY,
INC, and it shall exist and continue for q
period of ninety nine years from and af er
the date hereof unless sooner dissolved
ARTICLE II.
The objects and purposes for which this
corporation is formed and the nature of the
business to be carried on by it are hereby
declared to be follows, to-wit:
To manufacture and sell cane leaders.
grabs, trucks, hoists and agricultural i'm
plements; to sell engines of all kinds and to
carry on and conduct the business of re-
pairing all kinds of machinery, agricultural
implements, cane leaders, grabs, trucks and
hoists; to purchase, lease otherwise ac-
quire real estate, factories and works neces-
sary to the proper management and control
of and to adequately carry on the aforesaid
business.
ARTICLE III.
The capital stock of this corporation is
hereby fixed at fifteen thousand dollars.
(S15, 00o.0O), divided into and represented
by one hundred and fifty 150) shares of
the par value of one hundred dollars
(S1O0.00) each; such capital stock to be
evidenced by certificates signed by the pres
ldent and secretary, and the form of said
certificates to be determined by the board of
directors.
No certificate of stock shall be issued ex-
cept for cash or for the value of property,
or for the value of services rendered. This
corporation being organized principally for
the purpose of purchasing the entire business
of Castagnos Cane Loader Company, includ-
ing patent rights, tools, stock, property,
bills receivable and all other property there
to belonging, belonging to the subscribers and
lncorporators herein and situated in the par
ish of Ascension and state of Louisiana,
tificates of stock for shall be issued at
once to the full amount of fifteen thousand
dollars, each of the incorporators hereby sub
scribing for the full amount of capital stock
set opposite their names and this act serv-
ing as the original subscription list. and the
incorporators have annexed hereto an ac-
curate, detailed and ,itemized description of
the aforesaid property, as to amount, loca-
ton, extent, character and stat of improve
ment, together with statement of it's value
appraised by the board of directors and
as is subscribed and rendered in payment for
the capital stock.
The capital stock of this corporation may
be increased to twenty-five thousand dollars.
1926, 100000.
ARTICLE w.
The domicile of this corporation shall be
at Donaldsonville, Louisiana, provided, how
ever, that with the written consent of all of
the directors hereinafter provided for, valid
meetings of the directors may be held else
where than at the domicile.
ARTICLE V.
The management of the business and af-
fairs of this corporation shall be vested in and
exercised by a board of directors composed
of three stockholders, any two of whom shall
constitute quorum for the transaction of
business, and each of whom shall own, in his
own right, at least one unpledged share of
stock in this corporation.
They shall be elected by the stockholders
at annual election to be held on the sec
ond Friday in the month of February of
every year, notice of said meetings to be
personally by depositing same in
the postoffice, properly addressed to each
at least ten days before said
majority vote shall be neces-
sarf for an election, and any vacancy oc-
curing on the board of directors shall be fill
ed by the remaining members until the next
election.
Failure TO elect board of directors shall
not dissolve the corporation and the officers
and directors then in office shall hold office
until their successors are duly elected and
qualified. Meetings of the board of directors
may be held at any time as the business of
the corporation may require.
Following each election of the board di-
rectors as herein provided for, the newly |
elected board shall meet and organize by Sc
Letting from their number a president, vice
president. and secretary and treasurer.
The offices of secretary and treasurer may |
be combined and held by one person, and the |
president and vice president of this corpora
ton may also hold either one of the said |
offices.
charter, the following shall constitute The !
BOARD of directors, viz: Charles WltEIr /
who shall be president and treasurer: ioTrai I
B. Castagnos, who shall be vice presd
secretary, and Jack Wiggin.
The postofice address of each me1
he board Of directors is follows: {
Wiggin, New Orleans, Louisiana; JOSEPH
Jastagnos. Donaldsonvi]1e, Louisiana; Jack /
Wiggin, Hammond, Louisiana.
ARTICLE VI.
All service of citations and other legal |
process shall be served upon the president, |
and, in his absence. upon the vice president |
ARTICLE VII. |
Special meetings of stockholders shall be I
1eld when ordered by the board of directors |
or the holders of twenty-five per cent of all |
outstanding stock, and notice of all stock |
holders meetings should be given in the
same manner prescribed for stockholders |
meetings for the election of directors.
Each stakeholder shall be entitled to one /
vote in person by proxy for each share of |
stock held by him.
ARTICLE VIII.
This act may be amended, altered or
changed and this corporation may be dis
solved and it's affairs liquidated in accordance
With the provisions of law in such cases
made and provided.
Upon the dissolution of this corporation in
my manner, it's affairs shall be liquidated by
hree 1iquidators elected by the stockholders
1t meeting called for that purpose.
Thus done and passed at the parish of
Ascension, Louisiana, on the day, month and
rear first above written, and in the presence
Mr.. A. J. Babin and Miss Marie Michel,
rood and competent witnesses, who have
gned these presents together with the ap
bearers and me, notary, after due reading
# the whole.
CHAS. WIGGIN, SO Shares.
J. B. CASTAGNOS, 40 Shares.
JACK WIGGIN, / Share.
Witness:
A. J. BABIN.
MARIE MICHEL.
RICHARD MELANCON,
pr1h1i