The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-11-14
CHI A RTER
OF THE
MUTUAL SUGAR COMPANY.
United States of America.
State Of Louisiana,
par;sh .f 81 Marry.

Parish Of ST Vary. }
Be il known, that On this 18th day OF
the. month of o. ober, in the year one
thousand nine hundred and eight, befOr
me. Rene H. Himel, Notary Public.
duly commissioned, sworn and qualified
in and for the Parish of St. Mary. there
in residing. and in the presence of the
witnesses hereinafter named and under
signed, personally came and appeared
the several persons whose names are
hereunto subscribed, who are all of the
full age OF majority, who declared that.
availirg themselves OF the provisions OF
the laws of this State relative to the
organization of corporations, they nave
covenanted and agreed, and by these
presents covenant and agree, and bind
themselves. as we'll as such other persons
as may hereafter become associated with
them, to form and constitute a corpora
ton and body polite III law, for the
purposes and objects. and under the
stipulations. articles and conditions fol-
lowing; t0.wit:
ARTICLE l.
The name and title If this corporation
slali be THE MUTUAL SUGAR CON-
PANY. and l., thar name it shall ehJ )!
exist, G.. and succession for a period OF
ninetv-n'.. ,"a's beginning from the
date hereU.: i, shall have power to con-
tract, sue aud bc sued: to make aud 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
Ell: to issue bonds, notes and other
obligations: tc name and appoint such
officers, directors, agents aud managers
or employees Is the interest or con-
venience Of said corporation may re-
nnpire; to make and establish bylaws,
les ard regulations for the proper
nagcment and regulation Of its affairs,
NAV be deemed necessary and proper
and the same to change ami alter al
pleasure; and to do all other acts and
things permitted by law, or as shall OF
may be necessary and proper to carry
out the objects and purposes Of said cor
poration.
ARTICLE II.
The lomicile of this corporation shall
b. il he Town Of franklin. Parish Of
81. May, state Of Louisiana, and all
citation or other legal process shall bt
served on the President, and in his
absence on tie Vice President, and in
the absence of bOth on the Secretary.
ARTICLE Ill.
The objects and purposes for which
this corporation is formed and organic
ed, aud the nature of the business to be
- AA<1ocol rs In ho
to. wit:
To cultivate and raise sugar cane, corn
and other agricultural products; to
and refine sugar; to buy
aud sell sugar cane and other products,
~ well as sugar, molasses and all other
articles that may be made thcrefrom,
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, rs well as the pro-
ducts Of lands owned BY other persons,
into sugar. molasses, alcohol and other |
of trade that can be made |
Dr extracted therefrOm; to sell such pro-
ducts either in raw or manufactured /
ltAte; to buy and purchase crops Of
Iugar cane or other products raised on
ands owned by other persoLs than said
and to make and manu-
'aciure the same into sugar, molasses
Ind other articles that can be made or
extracted therefr0m; to lend money and
make advances on crDps owned ~ other
persons and TO secure loans and&&vances
made to other persons or by other per-
|oDs; to maintain. conduct and operate
refinery or central factory on such of
he plantations or tracts of land Of said
that may be deemed best; TO
OnsarDct. maintain and operate tram
vsye, railTOsds and other roads that may
% deemed necessary for the Transports
ion 1t cans snd other products, rs well
. sugar, molasees and other articles
made therefrUnl, to and from the refinery
1 central sugar factory of said corpora
lon. and generally to do aud perform
IS and every thing pertinent or incident
b the general purposes hereinabove
ARTICLE w.
The capitai stock Of this corporation
] hereby 6xed at the sum of Eighty
'l,oue1lsd and nO.1OU teSU. OOO) Dollars,
jyjdtd into eight hundred (8O0) shares
/ the par value OF One Hundred and
ALTO (9lOO.O0) Dollars each, which
lock ahall be paid for IN cash AS called
II BY The Board Of Directors Of said
,npxny, Or may b. Issued at not less !
inn par in pay ment 0f property actually
leeivsd or purchased by said cOrpora>
-. Or The ssme may be issued, fully :
lid, fSr labor dome Or money advanced :
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