The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-04-22
CHARTER
OF THE
VILOY SUGAR COMPANY.
United States of America,
Parish of st. Mary.
State of Louisiana.

IL
BE 1T KNOWN: That on this, the 18th
day of April, 1911, before me, Percy Saint,
a Notary Public, duly commissioned and
qualified within and for the Parish of st.
Mary, State Of Louisiana, and in the pre-
sence of the witnesses hereinafter named
and undersigned, personally came and ap-
peared the persons whose names are here
un . subscribed, all of the full age OF ma
jority, who seyerally declared that, avail
ing themselves of the laws of this state re-
latve to the organization of corporations,
they have and by these presents do COW
enant and agree for themselves, their sue
cessOrs and assigns, and do hereby form
themselves into corporation and body
polite in law for the objects and purposes
end under the stipulations following, to-
wit:
ARTICLEI.
The name and title of this corporation
shall be and is VILOY SUGAR COMPANY,
nd it shall have and enjoy succession and
existence for period OF ninety-nine (99)
years from the date hereof; it shall have
the power and authority to contract, to
sue and be sued, and make and use a cor
porate seal, and to break and alter same
at pleasure; to hold, purchase, le .se, sell
mortgage, hoypothecate or pledge prop
e~.y, real personal or mixed, necessary
and proper for its business; to buy and
/ Old sock in other company or companies
p lrpOses; TO make and issue notes and
mortgages; to name, elect and appoint
n AZ ayers, directors, agents, Overseers and
c'erks, and to male and establish such by
laws, rules and regulations for the man
age ment of the business and affairs of this
corpoi alton as may be useful, necessary or
| convenient.
The &c leral manager of this company
may be an officer or stakeholder or he, as
| well as other employees, may be a stranger
10 said company; the salary of all officers
OF manager to be fixed by the Board of
| Directors.
ARTICLE IL.
The domicile of this corporation shall be
at Franklin. Parish of st. Mary, Louisiana,
where ali citations and other legal pro-
| cesses shall he served upon the President,
or n the absence of the President, upon
the Vice-President, or, IN the absence of
both, upon the Secretary of said company.
| ARTICLE ILL.
The objects and purposes for which this
corporation is organized and the nature of
the business to be carried ON by it are to
manufacture sugar cane into syrup, mOiass-
eS, sugar or other by-prOducts made from
sugar cine: to purchase, build and erect a
sugar house or factory suitable for the
manufacture of sugar or the making of
syrup or o.her 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 re.
| .eiving same, al d il necessary to build and
operate railroads or ira II roads or to tran.
sport care or other by-products by boat or
| ary other means; to connect with said fac
toy or syrup h0useslt sh Ill also have the
power to bald pipe line to connect this
factory or syrup rouse with any sugar
man Lfacturlng establishment that u may
ire for the purpose OF transporting the
s-rup to have the S Inc manufactured into
sugar.
ltshall also have the power and authority
to manufacture table syrup and to can,
bottle Oh Otherwise prepare same for the
ma ket aud sell and dispose of same at
wholesale or retail. In fact said company
sh IL have power to do all things and
everytb ng necessary to manufacture su-
gar cane into syrup and to cause same to
be manufi c c.ured into sugar by factory to
be erected by itself or to have the same
man IT. Cured by other factories, and
shall possess all incidental powers to car
ry oIt these objects or to manufacture any
o .her by.prodr ct from sugar cane that it
IN y elect. and to do general merchan-
dising busiress.
ARTiCLEIV.
The capital stock Of this corporation
shall be ar d is hereby fixed at One Hun
dI cd ThOusln ($10U, 900. .OO) Dollars, and
sh II be and is divided into One Thousand
She es of Il e par value of One Hundred
($l00.00) DO lars each. The full amount
of ch share o. stock shall be paid for in
cash or its >quiv' let in property, of labor
at the time the stock is issued and deliver-
ed, and no stock shall be issued and de-
lvered until fully paid for as herein de-
signated.
Tbs company shall be considered as
fully orga ed al authori ed to begin |
business as soon as Forty Thousand ($4O,> |
0C0.O0) Dollar of the capital stock shall
nay been ST. bscribed and paid for.
ARTICLE V.
All the corpo lie powers of this eOrpOr. |
ftiOn sh-ll be vested in q Board Of Direct |
ois cons sting Of five (5) directors, three
To- of WI 0 u shall constitute a quorm for |
the tr .snactiOn of business. All Of these |
directors shall be cl oJen at the signing Of
tbs ch = ter. The Board Of Directors snail
be elec ed annually from the stockholders
O. id company on the first Monday |
in Feb uary Of each year beginning with |
the frs, Monday in February, 1872, and |
sh III hold tIeir respective offices until |
th cir successors are elected and qualified. |
All sucn elections shall be by ballot, and |
eacl stakeholder shall be entitled to one |
for each share of stock standing in his |
ran on the books of the corporation
W icn vote shall be cast in person or by |
pi KY, ard it shall require a majority of
the stock present or represented to elect.
40 pe.son shall be a member Of the |
E "a d of Directors of said company who |
S not the ho.de. and owner in his own
right of four shares of the capital stock OF
SAID company.
Any vacancy occurring on the Board of
Directors sDTall be filled by the remaining
ARTICLE vi.
The failuHe to elect directors or officers
at any give time shall not have the effect
O. d ssolving the corporation, but the en-.
cumbe t director or officers shall, in such
event, 10 d Office until their successors are