The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-05-16
CHARTER
OF THE
Y0KELY SUGAR COMPANY.
United States of America,
State of Louisiana,
n~.s.I e - Ma

State of Louisiana,
Parish of st. Mary.
| Of APRIL A. D., 1908 before me, Charles Frank
Borah, Notary Public, duly commissioned and
qualified within and for the Parish Of St. Mary,
! State of Louisiana, and in presence OF the wit
nesses hereinafter named and undersigned,
personally came and appeared the persons whose
names are hereunto subscribed, all of the full
aSailing themselves of the laws of this state
relative TO the organization OF corporations. they
have and by these presents do covenant and
! agree for themselves, their successors and as.
signs, and do hereby form themselves into
| corporation and body polite in law for the
objects and purposes and under the stipulations
following to-wit; .pr,c,r1
The name and title of this corporation shall be
and is YOKELY SUGAR COMPANY, and it shall
have and enjoy succession and existence for a
hereof; it shall have the power and authority to
contract, to sue and be sued, and make and use
corporate seal. and to break and alter same at
pleasure; to hold purchase lease, sell. mortgage
hypothecate or pledge property, real personal
| or mixed, necessary and proper for its business
| to buy and hold stock in other company or com.
| panies that may assist this corporation in its
purposes; to make and issue notes and mortgages
| to name, elect and appoint managers directors.
| agents. overseers and clerks; and to make and
establish such bylaws rules and regulations for
| this corporation as may be useful necessary or
The general manager of this company may be
| an officer or stakeholder or he as we'll as other
employees, may be stranger to said company;
the salary of all Off GERS or manager to be fixed
by the Board of DiT p%S%1e ~
! The domicle of this corporation shall be at
Franklin. Parish of st. Mary, Louisiana, where
all citations and other legal processes shall be
served upon the President, or in the absence of
the President, upon the cePresident, or. in the
absence Of both. upon the Secretary Of said com.
pany.
The objects and purposes for which this cor.
pOration is organized and the nature of the bust
ness to be carried on by it are to manufacture
| sugar cane into syrup, mOlasses sugar or other
by products made from sugar cane to pur.
chase build and erect sugar house or
factory suitable for the manufacture of sugar or
| the making of syrup or other by-products. To
carry out the purposes of this corporation it shall
! have power and authority to buy, sell and lease
real estate and cultivate the same, or to have
the same cultivated by lease or otherwise to buy
| sugar cane from sugar cane growers. to purchase
| tank cars for shipping and removing said syrup
| or receiving same. and if necessary to build and
operate railroads or tram roads or to transport
MEANS s. to connect with said factory or syrup
house, it shall also have the power to build pipe
| line to connect this factory or syrup house with
may desire for the purpose of transporting the
syrup to have the same manufactured into sugar
It shall also have the power and authority to
manufacture table syrup and to can, bottle or
otherwise prepare same for the market and sell
and dispose of same at Wholesale or retail. In
| fact, said company shall have power to do all
sugar cane into syrup and to cause same to be
Manufactured into sugar by factory to be erected
| by itself or to have the same manufactured by
other factories and shall possess all incidental
| facture any other by.prcduct from sugar cane
| that it may elect.
The capital stock of this corporation shall be
and is hereby fixed at Seventy.Five Thousand
Dollars ($75. 0OOO0), and shall be and is divided
into seven hundred and fifty .!75o) shares Of the
The full amount of each share Of stock shall be
paid for in cash or its equivalent in property of
labor at the time the stock is issued and deliver
3D. and no stock shall be issued and delivered
until fully paid for as herein designated.
This company shall be considered as fully
organized and authorized to begin business as
of the capital stock shall have been subscribed
and paid for.
All the corporate powers of this corporation
shall he vested in Board of Directors consisting
Of nine 10y directors five (5) of whom shall con.
stitnte quorum for the transaction of business.
Seven at these directors shall be chosen at the
signing Of this charter. from the stockholders
selected by those seven whenever desired, and
from present stockholders of from those who NAV
later become associated with the present signers.
The full Board of Directors shall be elected
annually from the stockholders of said company
year. beginning with the first Sturday in March,
1909, and shall hold their respective offices until
their successors are elected and qualified.
All such ELECTIONS shs all be Sy ballot and
for each share Of stock standing In his name
on the books of the corporation which vote
shall be cast in person or by proxy; and it
shall require majority Of the stock present
or represented to elect.
No person shall be member OF the Board
of Directors of said company who is not the
hnldA nd in, hia riwht ~
shares of the capital stock of said company.
Directors shall be nlled by the remaining
Board.
The failure to elect directors or officers at
any given time shall not have the effect of
bent directors or officers shall, in such event,
hold office until their successors are elected
and qualified.
All notices of stockholders meetings shall
be by written notice given ten days in advance
Of the meeting except notice to increase the
capital stock or to alter or amend the charter
shall be given for full thirty days in writing
and by publication in weekly paper publish.
ed In the Town of Franklin.
ARTICLE VII
The Offices of this corporation shall consist
of . President. a Vice. President, Secretary
and Treasurer. The Office Of Secretary and
Treasurer may, II desired. be held by one and
held on the first Saturday In March, 1909, the
following named persons shall constitute the
first Board of Directors, to.wit:
John D. Bell. DOrville Pontiff. Hyp0lite
Savoie. Gideo Robichaux. Arthur Olivier,
Emile Lagrange and August Becnel, with
John D. Bell as President; Arthur Olivier as
Vice-Presfdent; August Becnel as Secretary
and GtdeO RObichaux as Treasurer.
ARTICLE Will
This charter may be amended, modified or |
altered. or the corporation may be dissolved |
with the assent of three fOurths "a in amount
OF the stock present or represented at any
general or special meeting Of the stockholders
held for spch purpose after thirty days prior
notice In writing and in print shall have been |
gwen to each stock hoider or mailed to him
ct his last known p. O., address.
ARTICLE TX
All transfers of stock NJ this corrorot;on