The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-06-06
CHARTER
OF THU
lOkELY SUGAR COMPANY.
nited States of America.
State of Louisiana,

State of Louisiana,
E Parish of St Mary
BE IT KNOWN: That this. the 10Th da
OF April, A. d., 1908 before me- Charles Fran
Borah. Notary Public. duly commits stoned am
I qualified within and for the Parish of ST Mary
State OF Louisiana and il presence of the wi,
hesses hereinafter named and undersigned
personally came and appeared the persons who's
names are hereunto subscribed all of the full
age OF majority, Who seNerallv declared that
awaiting themselves of the laws of this stot,
relative 10 the organization of corporations. the,
nave aid by these presents do covenant s.rlt
agree for themselves, their successors and as
signs and do hereby form themselves into ;
corporation and body polite in law for til,
objects and purposes and under the stipulation.
following, to-wit
ARTICLE l.
The and title of this corporation shall l.,
and is IOkELY SUGAR COMPANY and it shall
have and enjoy succession and existence for q
period OF ninety-nine $500 years from the date
hereof; II shall have the power and authority I,
| contract, to sue and be sued, and make and Use
| corporate seal, and to break and alter same NJ
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.
palies that may assist this corporation in its
purposes; to make and issue notes and mort cages:
| to name, elect and appoint managers. directors
agents, overSeers and clerks; and to make ana
establish such bylaws, rules and regulations for
| the management OF the business and affairs of
| this corporation as may be useful necessary or
Convenient.
| The general manager of this company NAV be
an officer or stakeholder or he, as well as Other
| employees, may be stranger to said COMPANY:
the salary OF all officers or manager to be fixed
| by the Board of Directors
ARTICLE II.
The donlcile of this corporation shall be Al
Franklin. Parish of st. Mary. louisiana where
all citations and other legal Processes shall be
served upon the President or. in the :tbsence OF
the President, upon the Vice sident or in the
absence of both, upon the Secretary of said com
pany.
ARTICLE Ill
The objects and purposes for which this cor
poration is organized and the nature of the busi
ness to be carried by it are to manufacture
sugar cane into syrups molasses, sugar or other
by products made from sugar cane; TO pur.
chase, build and erect a 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 corporate if shall
have power and authority 10 buy. sell and lease
real estate and cultivate the same or 10 have
the same cultivated by lease otherwise; to bny
sugar cane from sugar cane growers to purchase
tank cars for shipping and removing said svrup
or receiving same, and if necessary TO build and
operate railroads or tram roads to transport |
cane or other by-prOducts by boat or any other
means; to connect with said factory or syrun
house. If shall also have the power to build pine
line to connect this factory syrup house with |
any sugar manufacturing establishment that il |
may desire tor the purpose OF transporting the
syrup to have the same manufactured into sugar
II shall also have the power and authority to
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 ali
things and everything necessary TO manufacture
sugar cane into syrup and to cause same to be
into sugar by factory to be erected
by itself or to have the same manufactured nv |
other factories, and shall possess all incidental |
powers to carry out these objects or to manu-
facture any other by product from sugar cane
ARTICLE ".
The capital stock of this corporation shall no
and is hereby fixed at SeventyFive Thousand
Dollars $50. 0oo.oo), and shall be and is divided
INTO seven hundred and fifty 900, shares of the
The full amount of each share Of stock shall be ,
Daid for in cash or its equivalent in property of
abor at the time the stock is issued and deliver
ID and no stock shall be issued and dt Tered |
until fully paid for as herein designated.
This company shall be considered as fully
organized and authorized to begin business as {
Don as Twenty Five Thousand Dollars f25 600 OO !
II the capital stock shall have been subscribed 6
nd paid for.
ARTICLE V.
All the corporate powers of this corporation
hall be vested in a Board of Directors CONSISTING
t nine 90 directors five o. Of whom shall con- a
tltnte aqnoruin for the transaction of business.
lgning OF this charter. from the stockholders | T
hen signing: the remaining two directors TO he
elected by those seven whenever desired, and
rom present stockholders of from those who may
tier become associated with the present signers -
he full Board of Directors shall be elected
nnnally from the stockholders of said company
each
ear, beginning with the first Sturday in March |
100, and shall hold their respective Offices nnti
leir successors are elected and qualified Q
All such elections shall be by ballot and q
ach stakeholder shall be entitled to one vote
)r each share Of stock standing in his name
a the books of the corporation which vote 4
IAN ne cast IN person or by proxy; and it
lall require majority of the stock present
represented to elect.
No person shall be q member of the Roard
!, directors OF said company who is not the
rirrb% |
iares- of the capital stock of said COMPANY | :,
Any vacancy occurring on the Board Of -
lrectors shall be filed by the remaining S,
)ard. n
ARTICLE VI. -
ihe failure to elect directors Or officers Mt ~
y given time shall not have the effect of IT
the corporation, but the encum | C.
mt directors or officers shall, in such event u
10 Office until their successors are elected =
I'd qualified. W
All notices of stockholders meetings shall Q
by written notice given ten days in advance ~
the meeting except notice to increase the
pital stock or to alter or amend the charter H.
all be given for full thirty days in writing IN
q by publication in weekly paper publish. Ia
In the Town of Franklin. ~
ARTICLE VII
The offices of this corporation shall consist us
a PRESIDENT. Vice President. IL Secretary r :,
l Treasurer. The office of Secretary and ~
easurer may, If desired, be held by one and di
2 same person. Until the election to be be
ID on the first Saturday In March, 1903, the w
lowing named persons Shall constitute The
It Board of Directors, to- wit: tlC
Ohm u. Bell. Doryille Pontiff Hypolite to-
'oie, Gldeo Robichaux, Arthur olivier, tht
NE Lagrange and August Becne with ~
IN D. Bell as President Arthur Olivier as On
,e-iresi dent; August BecneI as Secretary in.
l Gldeo RobiehauX Treasurer al.
ARTICLE VIII. ~
his charter may be amended, modified or Pa
ered, or the corporation may be dissolved on
n the assent of three fourths az in amount
me STOCK present or represented at any Oh
erai or special meeting of the Stockholders Oh
y Tor such purpose after thirty days prior
ice IN writing and in print hall have been
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