The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-05-19
CHARTER
EiIerSIip Planting Company. Limited.
nItcd states IF America.
state of Louisiana,
arisil IF st Mary J

r. il known. That on the 30th tlay q
| April. T. u 1906, before me. Charlie
| Frank Borah !, Notary Public, dnl
commissioned and qualified within an
| for the Parish OF 81. lar., Louisiana
| and III presence. If the witnesses brrtin
| after named audi undersigned, nrrsonal
| ~ cam, and app lcd the persons WHO'S
names are hrrt,ntn Subscribed all %
he jul age Of majority. who several.
declared that. availing themselves of
| laws Of this St?te relative to the orgari
cation of corporations. they have an(
! by these plese.!ts 80 covenant and agre,
| tor themselves. their successors aud as
signs, and do hereby for" themsclve:
into a corporation and body polite il
law for the ohjrc'S and purposes and un
| der the stipulations following. to-wit:
ARTICLE 1.
The name and title of this corporation
shall be EII.EEsLIE PLANTING COMPANY
LIMITED and it shall haze and enjoy
succession and existence, for a period 81
"iue;r-nin- (99) wears from the date
hereof: it shall have The power and au-
Shortly TO contract. o sue and ho
sued. to make ana use Il corporate
seal. and to break and alter the same AT
pleasure: to hold purchase, lease. sell,
mortgage, hypothecate or pledge. prop
ertv, real, personal or mixed, necessa. Y
and proper for its business: to male
AID Issue notes and mortgages. to- lame
elect and appoint managers directors.
agents. overseers and clerks: and to
make and establish such bylaws. rules
and regulations for the management OF
he business and affairs of this corpo-
ration as may be useful, necessary or
convenient
ARTICLE II.
The demicile of this corporation shall
be in the Parish of st. Mary. State of
Louisiana. where al. citations and other
legal process shal! he se~ved upon the
President, and in his abs ace upon the
Nicr-Prcsident. and in the absence of
both officers, then upon the Secretary-
Treasurer.
ARTICLE Ill.
The objects and purposes for which
this corporation is organized and the
nature If the husircss to be carried on
"! it are herci Y declared to be TO buy,
sell or lease real est e. and more par
liGiilarly To acquire by purchase the
E.lerslie. South Bend and Tidal Wave
sugar plantations. situated on B.von
Sale, in The parish "fSt. Mary, Louisiana,
together with the sugar refinery an all
other Improvements upon said property
and to cultivate the same in
sugar Gaze. corn. cotton. rice. or any
other products suitable to the soil and
climate of the State of Louisiana: to
and operate the sugar refinery
tad
idd thereto such cuuipmen or I'M
nrovemcnt> as may be found necessary
!" operate the same: To- erect such other
and acquire such machinery
II manufacturing devices as may at any
inc b. found desirable or necessary for
or harvesting the crops
grown upon said plantations: to build J
iamways. railroads and canals. and o
,wn and operate railroads aud rolling
',ock. boat or boats necessary or con-
'cnlcnt for the carrying ont Of the pur-
,uses of this company: to bry and sell
uoar cane: to grow and harvest the |
,rops OF Su ar cane. corn and other pro- !
.ucfs as herein provided, for itself or |
brouGh others, or To lease any or all !
PROPERTY owned by said company for the |
purpose Of growing cIops thereon, either !
With or without the sugar house: to hEv
nd sell all products that may be grown
II this state. and especially TO buy and
I'D sell sugar cane and to manufacture
anne into sugar, syrup. molasses or other
'roduct and I" sell or otherwise dispose
t said agricultural products, either in
heir original state or after the same
ave been manufacturers; to mortgage.
ypothecate or pledge either the real es-
ate or the products to be grown there's
Il in accordance with the laws of this
state: and to maintain aud operate ~
tore or stores separately or in conrec-
leu with said business. In fact said
ompany shall have full power and au-
lurity to do all things necessary to OPP
rate said plantations and the stores and
ommissalles in CONNECTION Herewith
hat the said company may deem proper
nd profitable for the carrying on of the
usness of this corporation. t
ARTICLE ".
The capital stock of this corporation
hereby fixed at the sum of One Hun
red and Twenty-Five Thousand Dollars,
1925 900. OO) and shall be and is divided
ITO Twelve Hundred and Fifty (l.25O)
haIes Of the par value of One Hundred
dollars ($l0O.00) each The full amount
each share of stock shall be paid for
, cash or its equivalent in property or
lbor at the time the same is issued: ana
o stock shall he issued until fully paid
or as herein designated
ARTICLE V.
All the corporate powers OF this cor
orOtiOn shall be vested in a Boarn of
irectors and general manager. 10 be
ec,cd by the stockholders. to be COM
osed of three 81 stockholders. who
lall be elected annually on the first
onday in April of each year beginning
it'll the year 1907, and shall hold their
.seective offices until their successors
re elected and qualified. All such
ections shall be By Hot. and each
,ckholder sha be e. tiled to ole vote
II each share of sto standing ia his