The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1918-01-26
C H A r r E r
cAsTAGNoS CANE LOADER COMPANY,
INCORPORATED.

INCORPORATED.
United States of America--State of Louisi. ID
ana--Parish spf Ascension.
TIE IT KNOWN and remembered that on
ID this 14th day of the month of December. 81
in the year Of our Lord, one thousand
nine hundred and seventeen, before me, Z
Richard Melancon, notary public, duly COM
missioned and qualified in and for the parish
of Ascension and state of Louisiana, and in r
the presence of the witnesses hereinafter
named and undersigned. personally came and
appeared the several persons whose names .
are hereunto subscribed who declared that
awaiting themselves of the provisions of the Ss
| laws of this state, they do hereby unite and
| form corporation, and do adopt for said y
corporation the following charter and articles
of incorporation, to-wit:
| ARTICLE l.
The name of this corporation shall be 4
| CASTAGNOS CANE LOADER COMPANY. {.
! INC, and it shall exist and continue for q
| period of ninety-nine years from and after
| 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 as follows. to-wit:
| To manufacture and sell leaders,
grabs, trucks, hoists and agricultural I'M
| Elements; to sell engines of all kinds and TO
carry and conduct the business of re-
pairing all kinds of machinery, agricultural
hoists; to purchase, lease or otherwise &C
quire real estate, factories and works neees-=.
sary to the proper management and control 1
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, 100000 divided into and represented
by one hundred and fifty t150) shares of
the par value of one hundred dollars
4 4 nh. GI1ah ha
evidenced by certificates signed by the pres
ident 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 Tor
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-4
to belonging. belonging to the subs erlbers and
incorporators herein and situated in the par
ish of Ascension and state of Louisiana, cer-s
tfrates of stock for same 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 itemlzed description OF
the aforesaid property, as to amount loca-
. | lion, extent, character and stat Of improve
I ment, together with a statement of it's value
| as appraised by the board of directors and
/ as is subscribed and tendered III payment ior
the capital stock. I'D
The capital stock of this corporation may
| be increased to twenty-five thousand dollars.
/ ( ($25 ,000.G0).
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.
N ARTICLE v.
II The MANAGEMENT Of the business and af-
u airs Of this corporation shall be vested in and
II exercised by a board of directors composed
\ I of three stockholders, any two of whom shai.
II constitute quorum for the transactlon Oh
II business and each of whom shall own, in MS
A own right, at least one unpledged share OF
stock in this corporation.
They shall be elected by the stockholders
| ut 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 deposltlng same ~
the postoffice. properly addressed 10 each
meetings. A majority vote shall be neces-
sarf for an election, and any vacancy &C
! curing on the board of directors shall be I'LL
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 shalt mold once
until their successors are duly elected and
i qualified Meetings of the beard Of direnfoss
may Be held at any time as the business 5oi
| the corporation may require !.
Following each election of the board OF u
Irectors as herein provided for the newly
elected board shall meet and organize by Sc
Letting from their number president VICE
Z Ipresident. and q secretary and treasurer.
| The Offices of secretary and treasurer may
be combined and held by one person, ana enc
president and vice president of this corpora,
i tion may also hold either one Of the said
T offices. Us.
: Until the first annual election under tins
l i,charter, the following shall constitute Ghe
] board Of directors, viz: Charles WlgKts.,
) / who shall be president and treasurer; Josepl
! B. Castagnos, who shall be vice president ahc
! lsecretary,, and Jack Virgin.
Il The postoffice address of each member O
! the board of directors 10 as follows: Charles
: Wiggin, New Orleans, Louisiana; Josepn .
ttCastagnos, Donaldsonville. Louisiana; JACK
). fEWiggin, Hammond, Louisiana.
: ARTICLE VI.
, i All service of citations and other leEa
!, lgprocess shall be served upon the president
and. in his absence. upon the vice president
/. ARTICLE VII.
4 Snecial meetings Of stockholders shall D'
a held when ordered by the board of Director
or the holders of twenty five per cent OF 81
y outstanding stock. and notice OF all STOCK
| holders meetings should be given IN IN
Isane manner prescribed for stockholders
meetings for the election OF directors.
a Each stockholder shall be entitled TO on
vote in person or by proxy for each share g
\ stock held by him.
q ARTICLE VIII.
Il This act may be amended, altered o
q changed and this corporation may be ais
! solved and it's affairs liquidated in aceordane
. with the provisions of law in such case
!. made and provided. j.
Z Upon the dissolution of this corporation y
T any manner, its affairs shall be hauidated b
!. three liauidators elected by the stockholder
: at a meeting called for. that purpose.
3 Thus done and passed at the parish Q
- Ascension, Louisiana, on the day, month an
II year first above written, and in the presenc
Mr. A. j. Babin and Miss Marie Niche
good and competent witnesses, who nay
= signed these presents together with the ap
9 4 bearers and me. notary. after due readin
of the whole.
f CHAS. WIGGIN, SO Shares.
= J. b. CASTAGNOS, 40 Shares.
JACK WIGGIN. Share.
III Witness:
4 A. j. BABIN.
r MARIE MICHEL.
81 13..s RICHARD tMELANCoN.
Notary Public.
State Of Louisiana. Parish of Ascension
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