The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-06-09
CHARTER
Ellerslie Planting Company. Limited.

Frank Borah. Notary Public. duly
commissioned and qualified within and
for the Parish of St. Mary, Louisiana,
and in presence of the witnesses herein"
after named and undersigned, neraonal-
ly came and appeared the persons whose
names are hereunto subscribed, all OF
the full age Of majority, who seyeraliy
declared that, avaling themselves OF the
laws of this State relative to the organI-
cation of corporations, they have anc
hy these p1 esents do covenant and agree
for themselves, their successors and as
signs, and do hereby form themselves
into a corporation and body polite IN
law for the objects and purposes and I'M
der the stipulations following. to-Wlt:
ARTICLE 1.
The name and title Of this corporation
shall be ELLERsLIE PLANTING COMPANY,
LIMITED, and it shall have and enjoy
succession and existence for period OF
ninety 1897 years from the date
hereof: it shall have the power and au-
thority to contract, to sue and DC
sned, to make and use corporate
seal, and to break and alter the same at
pleasure: to hold, purchase, lease, sell.
mortgage, hypothecate or pledge. prop
erty, real, personal or mixed, necessary
and proper for its business: to make
and issue notes and mortgages. to Tame
elect and appoint managers directors
agents, Overseers and clerks: and TO
make and establish such bylaws. rules
and regulations for the management OF
the business and affairs Of this corpo-
ration as may be useful, necessary or
convenient.
ARTICLE II.
The domicile Of this corporation shall
be in the Parish of st. Mary. State Of
Louisiana. where al citations and other
legal process shall be served upon the
President. and in his absence upon the
Vice President, and in. the absence OF
both officers then upon the Secretary
Treasurer.
ARTICLE III.
The objects and purposes for which
this corporation is organized and the
nature Of the business to be carried on
by il are hereby declared to he to buy,
sell or lease real estate. and more par
ticularly to acquire by purchase the
E.lerslie, South Bend and Tidal Wave
sugar plantations. situated on Bavon
Sale, in the parish ofSt. Mary, Louisiana,
together with the sugar refinery and all
other improvements upon said property
situated, and to cultivate the same in
sugar cane, corn. cotton, rice, or any
other products suitable to the soil AMI
climate of the State of Louisiana; to
maintain and operate the sugar refinery
now located upon said properties and to
add thereto such equipments CT im-
provements as may be found necessary
to operate the same; to erect such other
buildings and acquire such machinery
or manufacturing devices as may at any
time be found desirable or necessary for
manufacturing or harvesting the crops
grown upon said plantations: to build
tramways. railroads and canals, and to
own and operate railroads and rolling
stock. boat or boats necessary or con-
venient for the carrying out of the pnr-
poses Of this company; to buy and sell
sugar cane: to grow and harvest the
crops of sugar cane, corn and other pro-
ducts as herein provided. for itself or
through others, or to lease any or all
property owned by said company for the
purpose of growing crops thereon, either
with or without the sugar house; to buy
and sell all products that may be grown
in this State. and especially to buy and
and sell sugar cane and to manufacture
same into sugar, syrup, mOlasses or other
product, and to sell or otherwise dispose
of said agricultural products, either in
their original state or after the same
have been manufacturers; to mortgage.
or pledge either the real es-
tate or the products to be grown there's
on in accordance with the laws Of this
State; and to maintain and operate a
store or stores separately or in conpec-
ton with said business. In fact said
company shall have full power and an-
thOrity to do all.things necessary to OPP
erate said plantations and the stores and
in connection Herewith
that the said company may deem proper
and profitable for the carrying on of the
business of this corporation.
ARTICLE ".
The capital stock Of this corporation
is hereby fixed at the sum of One Hun
bred and Twenty-Five Thousand Dollars
(S125 600. OOj and shall be and is divided
into Twelve Hundred and Fifty ,25O)
Shares of the par value Of One Hundred
Dollars $500. 0O) each The full amount
IF each share of stock shall be paid for
in cash or its equivalent In property or
labor at the time the same is issued: and /,
no stock shall be issued until fully paid !
for as herein designated.
ARTICLE v.
All the corporate powers OF this cor
pOrotiOn shall be vested in Board of !
Directors and general manager, to be
elected by the stockholders. to be COM
posed of three (3) stockholders, who
shall be elected annually on the first
Monday in April of each year beginning
with the year 1907, and shall hold their
Offices until their successors
ire elected and qualified. All such
elections shall be by ballot, and each
shall be entitled to ole vote
or each share of stock standing in his
,ame on the books Of the corporation,
which vote shall be cast in person or by