The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1918-01-12
C II A r T E r
cASTAGNoS CANE LOADER COMPANY,
INCORPORATED.

United States of Anerica-state of Louisi-
sna-Parish Of Ascension.
DE 1T KNOWN and remembered that on
D this 14th day of the month of December,
in the year of our Lord. one thousand.
Richard Melancon, notary public, duly COM
missioned and qualified in and for the parish
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,
awaiting themselves of the provisions of the
laws laws OF this state. they do hereby unite and
torn corporation, and do adopt for said
corporation the following charter and articles
OF incorporation, to-wit:
ARTICLE l.,
The name Of this corporation shall hs
CASTAGNOS- CANE LOADER COMPANY
INC, and it shall exist and continue for
period OF ninety-nine years from and after
the date hereof. unless sooner dissolved.
ARTICLE II.
The objects and purposes for which tb;s
corporation is formed and the nature of tha
business to be carried on by it are herebv
declared to be as follows, to-wit:
10 manufacture and sell cane leaders.
grabs, trucks, hoists and AGRICULTURAL I'M
PIGMENTS; to sell engines of all kinds and to
carry on and conduct the business of 70
pairing all kinds of machinery, agricuItura1
implements, cane leaders, grabs, trucks and
ho1sts; to purchase lease or otherw;sa o.
duire real estate, factories and works necas.
sary to the proper management and control
OF ana to adequately carry ON the aforesaid
business. .N
ARTICLE III.
The capital stock of this corporation il
hereby fixed at fifteen thousand dollars,
by one hundred and fifty (150) shares of
the par value of one hundred dollars
tSlOo.0O1 each; such capital stock to he
evidenced by certificates signed by the pres-
ident and secretary, and the form of said
certificates to be determined BY the hoard Of
directors. :. -
No certificate of stock shall be issued ex-
cepe Tor cash or for the value of property.
corporation being organized principally for
the purpose of purchasing the entire business
OF Castagnos Cane Loader Company. includ-
ing patent rights. tools, stock, property,
bliis receivable and all other property there
to belonging, belonging to the subscribers and
incofporators herein and situated in the par
ISM OF Ascension and state of Louisiana cer-
tlhcates OF stock for same shall be issued at
once to the full amount of fifteen thousand
dollars, each of the incorporators hereby Cub
scribing for the full amount Of capital stock
set opposite their names and this act serv-
ing as the original subscription list, and the
lncofporators 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 its value
as 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, 000.00).
ARTICLE ".
The domicile of this corporation shall be
at Donaldsonville, Louisiana, provided, how
ever, that with the written consent of ali 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-
airs OF this corporation shall be vested in and
exercised by board of directors composed
OF thfee stockholders, any two of whom shall
cons 1ute a 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 see.
ond Friday IN the month of February OF
every year. notice of said meetings to be
delivered personally or by depositing same in
the postofice, properly addressed to each
stock holder, at least ten days before said
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.
not dissolve the corporation and the officers
and directors then in office shall hold office
uhtM 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 de
rectors as herein provided for. the newly
elected board shall meet and organize by se-
lecting from their number q president. vice
president, and a 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.
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. Castagnos. who shall be vice president and
secreHlry, and Jack Wiggin.
The postoffice address of each member Of
the board of directors is as follows: Charles
Wiggin, New Orleans, Louisiana: Joseph B.
Castagnos, Donaldsonville, Louisiana; Jack
Wiggin. Hammond, Louisiana.
ARTICLE VI.
All service of citations and Aother legal
process shall be served upon TIL president,
and, in his absence, upon the wife 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 notice III all stock
same manner prescribed for stockholders
meetings for the election of directors.
Each stakeholder shall be entitled to one
vote in person or 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 its affairs liuuidated in accordance
with the provisions of law in such cases
made and provided.
Upon the dissolution of this corporation in
any manner, its affairs shall be liquidated by
three liquidators elected by the stock holders
at a 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 ap-
bearers and me, notary, after due reading
of the whole.
CHAS. WIGGTN, SO Shares.
J. B. CASTAGNOS, 40 Shares
JACK WIGGIN, l Share.
Witness:
A. ]. BABIN
MARIE MICHEL
RICHARD MELANCON,
Notary Public.
State of Louisiana, Parish of Ascension-I
do hereby certify the above and foregoing to
H. IL