The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1918-01-19
cH A r T E r
CASTAGNos1cANE LOADER COMPANY.
INCORPORATED.

SfAo lfAS1lNSi&yAfAlSE #AOfADEsN NClTEANY.
INCORPORATED.
United States of America-kxtate of Louis;
ana--Parish of Ascension.
de TT KNOWN and remembered that on
I'D this 18th day of the month of December
IN the year of our Lord, one thousand
nine hundred and seventeen, before me.
Richard Melancon, notary public, duly com
missioned and qualified in and for the narisb
of Ascension and state of Louisiana, and in
the presence of the witnesses hereinafter
named and undersigned, personally came and
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 corporation, and do adopt for said
corporation the following charter and articles
o. corporation, to-wit:
s., ARTICLE I.
The name of this corporation shall he
CAsTAGNos CANE LOADER COMPANY.
INC, and it shall exist and continue for a
period of ninety-nine years from and after
the date hereof, unless sooner dissolved.
ARTICLE II.
The objects and purposes for which th;s
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 nc.
quire real estate, factories and t1Warks neces-
sary to the proper management and controls
| of and to adequately carry on the aforesaid
business.
ARTICLE III.
The capital stock of this corporation is
hereby fixed at fifteen thousand dollars
t$15. 100000, divided into and represented
by one hundred and fifty t150) shares of
the par value of hundred dollars
($1O0.0O) each; such capital stock to he
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 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
| ineorporators herein and situated in the par
ish of Ascension and state of Louisiana, cer-
| tifcafes of stock for shall be issued at
once to the full amount of fifteen thousand
dollars, each of the incorporates 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 itenaized description of
1iiS akSiesaiu piopeiLyS 8S u lIAOuHL, iuCd-
| tion Vxtent, character and stat of improve
ment, together with statement of its value
as Appraised by the hoard of directors and
as is subscribed and rendered in payment for
the capital stock.
The capital stock of dis corporation may
be increased to twenty-fis thousand dollars.
ts25, 000.00l.
ARTICLE w.
The domicile of this corporation shall be
at Donaldsonvile, Louisiana, provided. how
nyt hot Is fInox IoF
he directors hereinafter provided for. valid
| meetings of the directors rnay be held else-s
where than at the doricile.
ARTICLE v.
The management of the business and at
airs of this corporation shall be vested in and
exercised by 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 an annual election to be held on the sec
ond Friday in the month of February of
every year, notice of said meetings to be
delivered personally or by depositng same in
the postoffice, properly addressed to each
stakeholder, at least ten days before said
meetings. majority vote shall be neces-
.arf 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 iii 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 or di-
rectors as herein provided for, the newly
elected board shall meet and organize by SEE
lecting from their number 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-
Offices.
Until the first annual election under this
charter, the following shall constitute the
board of directors. viz: Charles Wiggin,
who shall be president and treasurer; Joseph
B. Gastagros, who shall be vice president and
secretary, and Jack Wiggin.
T The postoffice address of each member Of
the board of directors is as follows: Charles
Wiggin, New Orleans, Louisiana; Joseph B.
Castagnos, Donaldsonviile, 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
held when ordered by the board OF directors
or the holders Of twenty-five per cent of all
outstanding stock. and n2ice Of all stock et
same manner prescribed for stockholders
meetings for the election of directors.
Each stockholder shall be entitled to one
vote in person or by proxy for each share OF
stock IBID 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.
t1,oI soc nl314in ,rf4 HIS Joni
any manner, its affairs shall be liquidated by
three iquidators elected by the stockholders
at meeting called for that purpose.
Thus done and passed at the parish OF
Ascension, Louisiana, on the day, month and
year first above written, and in the presence
Mr.. A. J. Babin and Miss Marie Michel
good and competent witnesses, who have
signed these presents together with the APP
bearers and me, notary. after due reading
Of the whole.
CHAS. WIGGIN. 80 Shares.
J. B. CASTAGNoS, 40 Shares.
JACK WIGGIN, I Share.
A. J. BABIN.
MARIE MICHEL.
RICHARD MELANCON,
Notary Public.
State of Louisiana, Parish of Ascension
do hereby certify the above and foregoing to
be duly recorded in Book of Charters No. /,
FIJI n H