St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-01-28
Act of Incorporation of
MORANT CREEK TCRPENTINE
COMPANY.
State of Louisiana,
Parish Of St. Tammany.


Town of Covington.
Be it known, That on this, the
18th day of the month of December
in the year of our Lord one thousand
nine hundred and ten, and of the
Independence of the United States OF
America, the one hundred and thirty
fifth; be fore me, Fred J. Heintz, Jr.,
a notary public, duly commissioned
and qualified in and for the town,
parish and State aforesaid, therein
residing, and in the presence of the
witnesses hereinafter named and un-
dersigned, personally came and ap-
peared the several persons whose
names are hereunto subscribed, who
declare that, availing themselves of
the provisions Of the laws of this
state relative to the formation and
organization of corporations, they
have covenanted and agreed and do,
by these presents, covenant and agree
and bind themselves, as well as those
who may hereafter become associat-
ed with them, to form themselves
into corporation for the objects
and purposes, with the name and
under the stipulatiors following to-
wit:
ARTICLE |.
The name and style of this cor
poration shall be MIGRANT CREEK
TURPENTINE COMPANY, and, by
said corporate name it shall have
succession and enjoy existence for
period of ninety-nine years, unless
sooner dissolved, in the manner pro-
vided by law, and the articles Of this
charter; and, under said corporate
name it shall have power and author
ity to contract, sue and be sued, to
make and use a corporate seal, the
same to alter or break at pleasure;
to make all necessary rules and regu-
lations for its corporate manage
ment and control, and shall have and
enjoy all the rights, privileges and
immunities which are now conferred
upon, or may hereafter be granted
to, corporations of the same kind
and character.
ARTICLE II.
The domicile of this corporations
shall be in the town of Covington,
State of Louisiana, and all citation
and other legal process shall be
served upon the president, or, in his
absence or inability to act, upon any |
OLu6E U1uCGI I'll IILS SOi pm ehAol1.
ARTICLE III. !
The objects and purposes for
which this corporal on is organized !
are hereby declared to be to engage !
in producing and manufacturing of /
turpentine, rosin, rosin oil, pine tar
and all other naval stores products;
to buy and sell turpentine, rosin,
rosin oil, pine tar and all othe naval
stores products; to buy and sell real
estate, turpentine privileges, leases,
timber for saw mill purposes and all
other commodities connected with
naval stores; to acquire, by lease or
timber, and to own, lease
and operate turpentine farms and
stills; to buy and sell merchandise
Of all classes; to borrow and loan
money and secure same by mortgage,
pledge or other form of security; and
when in ecessary needs its business,
nav acquire, by purchase, lease or
and may operate tram
ways, railroads, tank cars, terminals,
andings, steamboats, and other water
raft, but not as common carrier,
md to operate saw mills.
ARTICLE ". lt
The capital Of thic corporation l
hall be fifty thousand tS5U, ouu.oU}
ollars, divided into five hundred 1
500 shares, of the par value OF one
hundred ($1O0.00) dollars each, said
took shall be issued only for cash,
+ in payment Of property or services
ctually received BY or rendered to a
aid corporation. This corporation D
hall commence business and become 9
going concern as soon as five thou q
and dollars of its capital stock shall G
ave been subscribed and paid for; Il
ne residue of said stock TO be issued p
nd payment made therefor, said p
,ock shall be fully paid at the time g
{ it's issuance and thereafter non D
ssessable, and the capital stock may Il
, increased or decreased in the man Il
er provided by the laws of this Il
tate.
The parties to this act declare that