The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-11-28
CHI A r T f r
OF THE
MUTUAL SUGAR COMPANY
United States Of AmerIca.
State of Louisiana.


Re if known. that On this 18th day OF
the month of o. ober. in the year org
thousand nine hundred and eight, hclofe
me. Rene II. umrl. Notary Public.
duly commissioned. sworn and qualifrd
in and for the Parish Of st. Mar. there
in residing. ard in the presence OF me
witnesses hereinafter named and under.
signed. personally came and appeared
the several persons whose rames are
hereunto subscribed, who are al Of Inc
full age OF majority. who declared that.
availirg themselves OF the provisions OF
the laws of this State relative 70 the
organ cation of corporations, they nave
coyenanted and agreed, and hy these
presents covenant and agree, and bind
themselves. as well as such other persons
IA NAV hereafter become associated with
them. to form and constitute corpora
ton and body polite in law, t"r the
purposes and objects. and under the
stipulations. articles and conditions 1oi-
lowing: to-wit:
ARTICLE l.
The name and title of this 'otphratl"h
shall be THE MUTUAL SUGAR CON
PANY. ar1 ly thai name IT shall EMO!
existence and succession for period OF
ninety.nin. Years beginning from the
date hereO:: i, Shall have power TO con-
tract. sue aud bc s,ieu: to make and use
a corporate seal, and the same to break
and alter at 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 and managers
or employees as the interest or con-
yenience of said corporation may re-
ouire: 10 make and establish bylaws,
rules ard regulations for the proper
management and regulation Of its affairs,
as NAV be deemed necessary and proper,
and the same To change ana alter al
pleasure: and to do all other acts and
things permitted by law, or as shall or
may be necessary and proper to carry
out the objects and purposes OF said cor
poratiOn.
ARTICLE II.
The domicile of this corporation shall
b. in he Town Of franklin. Parish Of
81. Mary. State Of Louisiana, and all
citation or other legal process shall be
served on the President, and in his
absence on the Vice-President, and in
the absence of both on the Secretary.
n, ARTICLE Ill.
The objects and purposes FOR which
this corporation is formed and organic
ed. and the 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
and other agricultural products; to
manufacture and refine sugar; to buy
aud sell sugar cane and other products,
a. we'll as sugar, mOlasses and all other
articles that may lie made theretrom,
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 manufacture the products
raised on said lands, as well as 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 such pro-
ducts either in raw or manufactured
state: to buy and purchase crops Of
sugar cane or other products raised on
lands owned by other persons than said
coronation, and TO make and manu-
facfure the same into sugar, molasses
and other articles that can be made or
extracted there6rom; to lend money and
make advances on crops owned by other
persons and to secure loans and advances
made to other persons or BY other per-
sons: to maintain, conduct aud operate
a 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
wsya, railroads and other roads that may
he deemed necessary for the Transports
ton of cane and other products, as well
% sugar, molasses and other articles
made therefrn,, to and from the refinery
u central sugar factory of said corpora
ton. and generally to do and perform
sny and everything pertinent or incident
10 the general purposes hereinabove
stated.
ARTICLE Nv.
The capital stock Of this corporation
10 hereby fixed at the sum of Eighty
Tbnusand and nO-1OO 1850. OOO) Dollars.
divided into eight hundred (6OO) shares
ufthe mar value Of One Hundred and
ne.100 le100.O0) Dollars each, which
mock aball be paid for in cash rs called
for By the Board Of Directors Of said
company, Or may BE- iSsned at not less
than par d payment Of property actually
seceived Of purchased by said corpora
fjon. oRstbe same may be issued, fully
p1id, for labor done.pr money advanced
u said corporation. No transfer of
alN1k sball BE- recognized or be binding
1poa the company unless made pur-
lasns n IT. bylaws and recorded upon
fhe hOOly o. - company.
IN TN etwp @iCe shall commence doing
hr1soe11 $500 - Six Thousand and
,,saeo 11oG9o0) Dollars of the capital
<ouck nhS(l haye heon subscribed for.
-ARTICLE W
e ~ ~ powers Of this corporation and
go 3nrss.11 Ieennne and C0ntrOl ~ ifa nj.