The herald., 1911-07-27
ARTICLE Ill.

The objects and purposes for which this
corporation Is organized and the nature of
the business TO be carried on by II, are
hereby declared 10 bee as follows.
TO purchase, receive. own and hold mort
cages, notes, dcbentIreS, shares of capital
stock. securities, obligations contracts, evi
denccS OF indebtedness and other property
any and all the rights. powers and priv
legeS of individual owners thereof, IL do
any and all acts and things tending Ia in
crease the value of the property at any
time held by the corporation: 10 issue
bonds and to secure the same by pledges
or deed of trust or mortgage upon the
whole or any part of the property held by
the corporation, and to sell or pledge such
and when the board of directors shall de
tcrmine, and in the promotion Of its said
corporate business. to lease, purchase. hold
sell, assign, mortgage and convey real and
personal property within and without the
State of Louisiana and in any part Of the
world; To construct. execute, carry out,
equip. Improve. work. develop. administer
manage or control in the State of LOuiSi
ana and elsewhere public works, improve
mentS and CunvenienceS of all kinds, in
Guiding railways whether propelled by
steam, electricity, horse or other power(,
water, gas, electric works, terminals,
bridges. viaductS, canals hotels piers
wharveS and any and like works of inter
nal Improvement, including sewerage. drain
age, sanitary, water, gas, electric lights
telephone. Geographic and power supply
ucational institutions and all other work,
or convcnicnceS of public utility; to apply
purchase or otherwise acquire any con
tracts, DEGREES and concessions for, or in
relation to the construction, execution, car
rying out, equipment, management. admin
iStratiOn or control of any works and con
venirnCcs pubuc or private and To under.
take, execute, carry out and dispose Of
or otherwise turn to account, the same; q
do all and everything necessary, suitable
or proper for the accomplishment of any
OF the purposes and attachments of any OF
the objects hereinDCfOre enumerated, on
which shall at any time appear for the
benefit of the corporation capable of being
conveniently carried on in connection with
the above calculate directly or indirect
ly to enhance the value of, or render prOiit'
able any of the corporations property OF
rights. Also to build and operate sawmillS
planning mills, and any kind of woodwork
ing plants for the manufacture of all and
any kind Of woods into merchantablc prod
ucts; to construct tramrOadS. railroads
and operate same, and TO construct dirt
roads and other things necessary for the
conduct of a general milling and manufca
turing business; for the manufacturing OF
lumber, laths, shingles, sash, doors, blinds
and wood into turned work and other mcr
charitable products, and TO buy and sell
general merchandise of all kinds and TO con
duet the general merchandise business.
The corporation may conduct its business
in all its branches, and have ne or more
offices outside of the State Of Louisiana
ritOries of the United States Of America
and in the District Of Columbia, and in
any or all of the foreign countries, and
TO hold, purchase, mortgage, convey, rea
and personal property in said State and
countries.