The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-10-31
CHAR r
OF THE
MUTUAL SUGAR COMPANY
United States Of America,
State Of Louisiana,
Parish of ST. Mary.


Parish of ST. Mary. }
BE it known, that On this 18th day OF
tho month of October, in the year one
thouaand nine hundred and eight, before
me. Rene II. Bimel, Notary Public,
duiv commissioned, sworn and qualified
in and for the Parish of st. Mary. there
in residing. and in the presence OF the
vitneaees hereinafter named and under
signed, personally came and appeared
the several persons whose names are
hereunto Sabscribed, who are oil of the
full age of majority, who declared that,
availiDg themselves Of the provisions OF
the laws of this State relative to the
organisation Of corporations, they have
covenanted and agreed, and by these
presents covenant and agree, and bind
themselves, a. we'll - such other persons
% may hereafter become associated with
them, to form aud constitute corpora
ton and body polite In law. for the
purposes and objects. and under the
stipulations, articles and conditions fol-
lowing; t0.wit:
ARTICLE l.
The name and title of this corporation
shall be THE MUTUAL SUGAR CON-
PANY, and by that name it shall enjoy
existence and succession for period OF
ninety.nine years, beginning from the
date hereof; it shall have power to con-
tract. sue and be sued; to make and use
I corporate seal, and the same to break
and alter 1t pleasure; to hold, receive,
have, purchase, improve, ALLEVIATE,
convey, sell. borrow, pledge, mortgage
and hypothecate, under its said corporate
name, property, real, personal and mix
ed: to issue bonds, notes and other
obligations; to name and appoint such
officers, directors, agents aud managers
or employees - the interest or con-
yepience Of said corporation may re-
ouire; to make and establish bylaws,
rules and regulations for the proper
management and regulation Of it's affairs,
- may be deemed necessary and proper.
and the same to change and alter at
pleasure; and to do oil other acts and
things permitted by law, or No shall or
may be necessary and proper to carry
out the objects and purposes OF said cor
ARTICLE II.
The domicile of this corporation shall
be in, the Town of Franklin. Parish OF
Ct. Mary, Statc Of Louisiana, aud Ill
citation or other legal process shall bc
served ON the President, and in his
absence on tho Vice. President, aud in
the absence of both on the Secretary.
ARTICLE Ill.
The objects and purposes for Which
this corporation 10 formed and orgauiz-
ed, and tho nature Of the business to be
carried on by it are declared to be the
following; to. wit:
To cultivate and raise sugar cane, corn
aud other agricultural products; to
manufacture and refine sugar; to buy
aud sell sugar cane and other products,
- we'll 10 sugar, mOlasses and all other
articles that may he made thorefrom,
and to these ends to acquire, purchase
and hold plantations or tracts Of lands
and to work and cultivate the same
either In sugar cane. corn and other
products; to mapufacture the products
raised on said lands, ~ we'll ~ the pro-
ducts Of lands owned BY other persons,
into sugar, molasses, alcohol and other
commodities of trade that can be- made
or extracted therefrom; to sell snch pro-
ducts either in = raw or manufactured
state; to buy and purchase crops of
UOBut CuUS VI Vtu0t PAVUOCG AUJUCu VI
lands owned by other persoLs than said
corporation, and to make and manu-
facture the same into sugar, molasses
and other articles that can be made or
extracted therefrUm; to lend money and
maks advances on crops owned by other
persOns and to secure loans and advances
made to other pers0ns or By other per-
sons; to maintain. conduct and operate
. refinery or central factory on such of
the plantations or tracts of land Of said
corporation that may be deemed best; to
construct. maintain and operate tram
ways, railroads and other roads that may
b deemed necessary for the Transports
tion Of cane and other products, % we'll
% sugar, molasses and other articles
inside theTsfrOm, to and from tho refinery
Or central sugar factory Of said corpora
tion, and generally to do aud perform
any and everything pertinent or incident
TO the generals purposes hereinabove
stated.
ARTICLE w.
The cspital stock Of this corporation
- hereby fixed ct the sum Of Eighty
Thoueand and Do-10O (o00, OOO) Dollars,
divided into eight hundred (6OO) shares
Of the par value Of One Hundred and |
no-1O0 (elO0.O0) Dollars each, which |
stock shall bepaid for in cash 10 called |
for by the Board Of Directors of said
or pay b Issued It not less
than par in pay ment Of property actually |
received or PURCHASED w said corpora>
lion. or the same may BE- issued, fully
psid, for labor done or money advanced
10 said corporation. No transfer Of
si0ck shall DO recognized or be binding
,pou tho company pnless made Dur.
luant to it, bylaws and recorded upon
he books OF tho company.
This corporation sh.ll commence doing
Dueinete No som ~ Six thousand and
'o-lUO $4,000. O0) Dollars Ut the capital
took shall have been subscribed Tor.
ARTICLE v.
All the powers Ut this oospOratjOn and |
80 - H. .