The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1903-06-20

citations and legal process shall b,
served on the President, and in his alb
sence upon the Vice President. or in the
absence Of both, on the Secretary ant
Treasurer.
ARTICLE II.
This corporation shall have TIE power
To contract, sue and be >uuC. and tC
make and use corporate seal. nd the
same to alter or break u; ;jle;,sare; to
purchase, hold. receive, sell. lease, az
well rs mortgage, hopothccate or pledge
property. both real OF personal, corporeal
or inCorp0real. rights and credits and all
| such chooses III action. il such manner
as may be allowed by the State Of Lou
| islana, or III any other State of the
! United States: to issue bonds, promiSsOry
notes or other evidence of indebtedness;
t" name, elect 'and appoint all such Of
| hcer5. directors, managers and agents rs
| the interest and cOnVcnlenceS of said
corporation may require, and to provide
for their payment. removal, substitution
III case of death, resignation, absence or
inability to act, or other sufficient cause.
as well as for their discharge: to make
and establish such bylaws, rules and
regulations for the conduct of its affairs
as may be necessary, convenient or
proper. and the same to change, alter or
amend at pleasure; and to do ali such
other acts or things as may be necessary
to or facilitate the carrying cut the Oh
| JectS ana purposes Of this corporation
ARTICLE III.
j he objects and purposes for which
and each Of which this corporation is
| IL .,y,. g..
! otherwise acquire mines. mining rights
and privileges, ur land IN the Parish of
It. Mary, State OF Louisiana, or else
where, tor the development Of natural
| gaS, oil, petroleum. zeal, aSphaltun. salt
! surphur. ore, metal and mineral sub.
stances, 0: amy other interest therein;
ana to eXp!orc, open. work, or in any
way turn to advantage the same. To
| bore, Grill. open, quarry, smelt, refine,
dress, an!alSanate and prepare petro
| Icun, on. sulphur, asphaitum. ore and
mineral substances OF all kind; to buy,
sell, deal IA oils, minerals, plants, and
| machinery, Implements. c0nvcniences,
provisions and things capable Of being
used IN mlnlLg operations or used or re
CURED by Workmeu or others employed
10y this corporation: 70 construct, carry
out, maintain. improve, manage, work
control and superin1end any road way.
tram-way, pipe lines tanks reservoirs.
waiehouseS, crushing works, hvdraUlic
works, and any other works and cons
venieuces that may seem directly or in
directly conducive to any Of the objects
and purposes OF this corporation, and to
substitute or otherwise take part in any
of the sad operations; to manufacture,
sell and lease 70 any other corporation
ana to all private consumers. land, Oil
and gas machines, appliances and de-
vices OF all kinds for the production.
supply and use OF light. heat and power,
and ali goods, wares. merchandise
property ana substances now used in
the production OF same. or incidental
thereto; to DanufaCtuIe contract for and
furnish, light. heat and power to other
persons, firms and corporations, public
and private, 10 manufacture buy, sell
and trade in any kind of earthen pro-
ducts. composed wholly or in part of
kaolln. parat1ine. clay or any earth mat
ter, and mine. manufacture. buy, sell |
trade and deal in any and every gaseous
and other ingredients, material or sub
stances entering into the manufacture or
in or relating thereto, 10 purchase, ac-
quire, hold, lease, control and operate. |
and to sell. lease and dispose of to such |
person or persons, corporation or cOrpo- |
tons, and ut such price or prices. and on |
such terms and conditions us this corpo- |
ration may sec fit and proper, lands,
water-rlghts, Improvements. and build
lngs, for mining, milling. or agriculture.
and for other uses and pusposes, to pur-
chase, lease or otherwise acquire, all or
part Of the business or liabilities of any
persons. firm, corporation. or associa-
ton engaged therein or holding any part
in similar objects and purposes. to do all |
and everything suitable, necessary, i'm
mediate and proper for the accomplish
ment of any Of the purposes, or the at
talnment OF any one or OF more Of the
objects and purposes herein enumerated
Or incidental to the powers herein
named, or which shall at any time ap-
pear conducive or expeditions to the ben
Fit Of this corporation.
1t Is the intention that the objects and
purposes specified in this article, except
WLel they are otherwise expressed in
SAID article. are to be nowise limited or
restricted BY reference or Inference from
The terms OF any other clause Of this. or
other article Of this character, and that
be objects and purposes specified in
-ach OF the clauses of this article shall
De regarded as Independent articles and
purposes.
ARTICLE ".
The capital stock of this corporation
S hereby fixed at the sum of One Million
Dollars. divided into One Million Shares
It the par value of One Dollar each.
which shares shall lee paid for in money
" its equivalent in real OF personal
III such manner and on such
ems as may be directed by the Board
Il Directors, provided, however, that
his corporation may commence bust
less alter not less than five thousand
ollars Of the capital stock shall have
een subscribed for. All transfers of
took shall be made on the books of the
company at its office in Franklin. Louis |
ana, and Oh surrender Of the certificate
herefor. No transfer of any shares
hail be made and no certificate shall be
'sucd for full paid stock. All certif- {
ates OF stock shall be signed by the 6
resident and countersgncd by the I
and Treasurer. f
ARTICLE V. S