The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1903-02-14
CHARTER
SHADYSIDE SUGARCOMPANY
LIMITED.
STATE OF LOUISIANA. I
PARISH OF ST. MARY. l

STATE OF LOUISIANA.
PARISH OF ST. MARY.
BE TT KNOWN, That on this 9Th day o.
February, in the year of Our Lord ON
Thousand Nine Hundred and Three. an(
of the Independence of the United States
of America the one hundred and twenty
seventh.
Before me. Percy Saint. Notary Pub
lie in and for the Parish Of St. Mary
State of Louisiana. duly commissioned
and qualified. and in the presence OF the
witnesses hereinafter named and under
signed, personally came and appeared
Earl S. Barnett, Robert S. Barnett and
Jacob Allen Barnett. all of lawful age
and residents of the Parish of st. Mary,
in this State, who severally declared
that. availing themselves of the laws OF
this State relative to the organization OF
corporations, and especially Of the pro-
visions of Act SO, of the General Assem-
bly of Louisiana for the year 1883, they
have agreed and do hereby agree and
bind themselves. as well rs such persons
as may become associated with them and
their successors, to form and constitute
a corporation and body polite in law for
the objects and purposes and under the
conditions and stipulations as contained
and set forth in the following articles,
to-wit:
ARTICLE l.
The name and title of said corporation
shall be the SHADYSIDE SUGAR COM
PANY, LIMITED, it shall exist and
have and enjoy succession for the full
period of ninety-nine years from the date
hereof. and under its corporate name 1t
shall have power and authority in res
pect to its objects and purposes herein
after stated; to acquire, ALLEVIATE. mort.
gage, lease and pledge real and personal
property; to contract, sue and be sued
and generally to have and exercise all
powers conferred by law on corporations.
ARTICLE II.
!. The donicile of the said corporation
shall be in the Parish of st. Mary, State
of Louisiana and all citations and other
legal process shall be served on the
President and in his absence, on the
VicesP President.
ARTICLE III.
The objects and purposes for which
the said corporation is organized and
established and the nature of the busi-
ness to be carried on Ivy it, are hereby
decl red to be: to purchase, to lease aud
to. cultivate and operate sugar plsnta-
lions; to manufacture and refine sugar.
to buy and sell sugar cane, sugar, sy-
rup and mOlasses, and to buy and sell
goods, merchandise and property OF all
kinds necessary or incidental to the
transaction of its business. or the fur
nishing of its employees and to do all
other things incident or necessary to
carry out the above objects and put
poses.
ARTICLE Nv.
The capital stock Of said corporation
is hereby fixedat Three Hundred Thons.
and Dollars $500, OO0), represented by
Three Thousand shares. of One Hum
dred Dollars ($l00 each, to be paid in
money or property in such manner, in
such amounts and at such time as the
Board of Directors shall determine. No
in the company shall ever
sell any shares of stock held by him
until he shall have first offered the same
for sale to the other stockholders who
shall have the refusal thereof.
ARTICLE V.
All the corporate powers of said cor
poration are herby vested in. and shall
lie exercised by Board of Directors
of three stockholders, any two
Of whom shall constitute quorum for
the transaction of business. The direct
ors shall be elected annually on the third
in January. The election shall
be by ballot and each stockholder shall
be entitled in person and by proxy to
one vote for every share Of stock held by
him. Notice of such election shall be
given by ten days continuous publication
preceding such election In
one of the newspapers published in the
Parish of St. Mary. The manner of con
Quoting such elections shall be regulated
By the bylaws. At the first meeting
after their annual election the board of
directors shall elsct from their own num-
Der President. Vice-President aud
Secretary and Treasurer. who need not
be stockholder, whose dusies and pow
srs shall be prescribed by the by-laWs.
Said directors and officers shall hold Of
ice for one year, or unit; their success
ors shall have been elected and qualified.
Until the 6rst election, which shall be
held on the third Monday in January.
1904. the following incorporators are
the Board of Directors to.
Wit: Earl 8. Barnett. who shall be
Chairman of the Board. Robert 3. Bar
,ett. who shall be Vice President and j.
Allen Barnett, who shall be Secretary
md Treasurer. all of whom shall hold
nice until the first election herein pro
vided for and until their successors are
elected and enter upon the disehargo of
heir duties. ]. w. Barnett shall b.
resident OF the Company.
The Board Of Directors shall make and
ldopt sQch bylaws - may b necessary
orthe proper management and regulap