The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-05-23

mOl86SeS, 6yrupS, ana Gil the pTOuuCtS
thereof. and to carry on any business
inc dental thereto, and for the purposes
aforesaid, to acquire, construct, lease
own, maintain and operate sugar OF
other plantations, sugar or other re-
f1neries, and any buildings, mills, facto-
ries, distilleries, and other works neces.
sary therefor; to raise, buy, sell and
deal in horses, mules, cattle, livestock
and poultry of all kinds, and generally
to engage in the business of planter;
to build, buy, rent, sell, establish,
maintain, operate and conduct hotels,
stores, warehouses, depots, etc., and to
do q general merchandise bushes
Section 2. To bid in, buy, sell, &C.
quire, lease, sublet, or farm for its own
account, or for the account Of others,
real estate, lands and tenements, and to
survey, sub-divide and plat such lands
for the purpose of sale or otherwise, and
to improve and develop the same by
the erection of houses or buildings
thereon, and to do such other lawful
Improvements as may be needful or de-
sirable in and about the Improvements
and development thereof for any pur-
pose whatever, and particularly to drain
and reclaim lands, and for that purpose
to form drainage or sub-drainage dis
tricts, or to do any other act which an
individual might lawfully do.
Section 8. To purchase, acquire, re-
ceive, hold, own, pledge, sell, and dis
pose of stocks, bonds, mortgages, de-
bentures, notes and other security, or
evidences of Indebtedness Of any firm,
association. individual or corporation,
or of any state, parish. county, ward,
drainage or subdrainage district or any
political division in the State Of Louisi.
ana or elsewhere.
Section 4. To carry on q general
constructing and construction business
and operations, consisting of entering
into and executing contracts with per-
sons, firms, and public or private COR
porations, an particularly to make all
contracts and do all things Incidental to
the construction under contrac of
bridges, buildings, pipe lines. roads.
highways, and turn pixies; to drain, re-
claim and improve submerged. swsmpy
or other lands; to dig, construct, make,
straighten, widen, deepen or otherwise
work upon natural or other water
courses, canals, drains, sewers, bitches
and dikes, under contract or under
the direction of public officers, or
courts; and to do and carry on q gene
raj dredging AID draining business, and
for that purpose to own and operate
construction, dredging and draining
plants, consisting Of machinery, tools.
Implements, dredge boats, ditching
machines, scows, lighters, derricks,
vessels, engines, cars, wagons and prop
erty of every class and description con-
venient or necessary thereto.
otherwise acquire and own, maintain and ope-
rate steamboats,, sailing vessels. barges and
other water crafts, piers, barges and docks,
rs;Wsv wtbn the State Of Lou;siana az els 1
where as may be convenient, necessary or inci~
dental 10 any business or enterprise of the
Company, with all necessary sidctracks, loco
equipment necessary to the operation Of said
piers, docks, wharves, tramways or railway
and the trafflc thereon; provided that this
cooperation shall not, without Z an amendment It
power of eminent domain.
Section 6. To locate, build, construct
establish, purchase. acquire, own. lease. rent
houses, grain elevators aud other buildings
for the storing of freight, grain and any and ell
other commodities for hire or otherwise; to
make ADVANCES OF IO8uS upon the security OF
such freight goods and commodities or other
wise; to issue certificates and warrants,
either negotiable or nOn>neg0tisble to per-
sons storing goods with the company and
6ouseman, under the laws Of the State of
or any other State, territory or
country in which It may operate, and to carry
on or undertake any business transactions or
operation commonly carried on or undertaken
by warohOusemen and any other business
which may from time to time be convenient
y carried on Or in connection with the above.
which under the law it may be entitled to |
carry on which may seem to the corporation to
be calculated directly or indirectly to effectu-
70 fac ilitate it In the transaction Of it's aforc~
,aid business Or businesses. or any part there, |
Of, or in the transaction Of any other lawful |
business that may be calculated directly or
profitable any Of the compsny's properties and |
rights, and generally to hold and exercise all |
,uch incidental powers and privileges as relate |
o the objects and purposes hereinsbove set |
for affecting said objects and
ARTICLE Nv.
The capital stock of this corporation is |
hereby fixed az Forty Thousand Dollars, |
divided into and represented by Four |
shares, of One Hundred Dollars
each; which capital stock may be increas
ID or reduced by proceedings taken in the |
prescribed by law.
This corporation shall be a going con-
.ern and De considered as fully organized
when Seven Thousand, five HundI cd /
Dollars of the capital stock Of aid corpc
ration shall have been subscribed TO-.
The SAID stock shalt be paid for in cash,
)r in labor done. or property actually re
:eived by the corporation. aud all stock Of /
his corporation not subscribed for In this /
;harter shall only be issued by the Board
II Directors Of this Corporation, and thea
Or cash or labor done or performed, or
property received ny the corporation.
The officers of this corporation shall
consist Of q President, Vice. President,
and Treasurer. The Office of
and Treasurer may be held by
)ne person.
ARTICLEV.
The corporate powers of this corpora.
ion shall be vested in and the business of
|ame shall be managed by Board of not
ncs tho - /