Incorporation of the company

The Compagnie Anversoise des Plantations du Lubefu was incorporated on 1 December 1897, with its registered office in Antwerp.

The share capital, set at 600,000 francs, was represented by 2,400 capital shares of 250 francs each. In addition, 2,400 bonus shares were issued. Each subscriber received one jouissance share for every ten capital shares subscribed. (33-(07/12/1897)-4285).

Subscription of 2,400 capital shares of 250 francs:

MESSRS. Camille Ameye, 40 shares; Louis Beker, 40 shares; Adolphe Bero, 60 shares; Camille Cardon,40 shares; Pierre Cardon, 40 shares; Auguste Collet, 60 shares; Joseph Crabeels, 20 shares; Edgard De Becker, 20 shares; Gerard De Bruyn, 40 shares ; Ernest De Kinder, 80 shares; Henri De Meulder, 20 shares; Louis De Ridder, 20 shares; Auguste Dierckx, 20 shares; Adolphe Gilliot, 120 shares; Léon Gilliot, 40 shares; Henri Hage-Orban de Xivry, 40 shares; Léon Hermans, 20 shares; Théodore Hermans, 40 shares; Alphonse Hertogs, 200 shares; Eugène Huybrechts, 20 shares; Frédéric Jacobs, 160 shares, Victor Jacobs, 80 shares; Jules Joris, 180 shares; Emile Lauwers, 20 shares; Emmanuel Montens, 20 shares; Jules Mussely, 60 shares; Louis Lamberts, 20 shares; Alfred Roose, 460 shares; Arthur Roose, 80 shares; Octave Selb, 60 shares; Germain Spée, 40 shares; Louis Vande Put, 180 shares; Louis Van Steenberghe, 40 shares and Mrs. Bruneel born Marie Delva, 20 shares.

The subscribed shares were paid up by 20% and a sum of 120,000 francs was made available to the new company (33-(07/12/1897)-4285).

Contribution(s)

Mr. Alfred Roose contributed to the company the option of the land in Lubefu and the advantages for the organization of the service in Congo, as they result from the verbal agreements concluded with the Independent State of the Congo and of which the parties declared that they were aware. For this contribution, Mr. Alfred Roose received 2,160 jouissance shares (33-(07/12/1897)-4285).

First Board of Directors

The General Meeting provisionally appointed Alphonse Hertogs, Alfred Roose, Louis Cols and Léon Gilliot as four directors (33-(07/12/1897)-4285).

Object

Change in capital, event(s), shareholding(s), dividend(s)

The Company was granted a 1,000 hectare property and an option on a further 4,000 hectares to be chosen in the Lubefu basin, with the right to harvest rubber.

In 1899, the Company owned 30,000 coffee trees and began its commercial operations. The beginning was affected by establishment difficulties and production for the year was thirty-eight tons of rubber; but in January 1900, it was ten tons and if the posts were supplied regularly, it could reach twenty tons per month.

At the end of 1899, alongside the coffee and cocoa plantations, there were 100,000 rubber vines. An exploration of the river will make it possible to choose new posts and the 4,000 hectares under option (21-(1900 T1)-109).

In 1902, the Company acquired a stake in the Compagnie du Kasaï (21-(1904 T1)-67), which enabled it, among other things, to make a profit from the dividends paid and from sales of Compagnie du Kasaï shares.

Dissolution and liquidation

The company was dissolved and put into liquidation on 10 December 1907.

On 3 February 1908, the liquidation of the Compagnie Anversoise des Plantations du Lubefu transferred all its assets to the Compagnie du Lubefu, which was formed on the same day with a capital of 5,200 shares of no par value, with the exception of 10,560 Kasai hundredths; 600,000 francs in cash or securities to be calculated on the basis of their realization at public auction or on the Brussels stock exchange. This contribution was made in exchange for 5,184 shares in Compagnie de Lubefu; sixteen shares were given to various parties who paid the formation costs (21-(1909 T1)-1192).