Founded in 1929, by eight Lake Charles area businessmen, with land purchased from Jim Gardiner. The company was formed with 2250 common shares of stock with share-holders including, W. P. Weber, H. G. Chalkley, C. O. Noble, Henry Pomeroy, George M. King and Frank Roberts, M. J. Muller, and purchased 21,000 acres that included farm machinery, implements, stock, and cattle bought for $380,000.00, that included what was the Lowery and Illinois plantations, that became known as "The Illinois Plant", and "The Lowery Plant".
The Lacassane company continued with the previous form of tenant farming, increasing the original cattle herd, establishing trapping, hunting, oil and gas leases, and then the wetlands mitigation project. The Lacassine National Wildlife Refuge was established in 1937, when the company sold  south of the Illinois Plant to the United States Government for $51,774.00.