The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-03-28

"ioiCoaiu, W. aCHuiiOS SOuSlIuCO, ACdSC
own, maintain aud operate sugar OF
other plantations. sugar or other re.
fineries. and any buildings, mills. facto.
ries, disiilleries, 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 a planter:
to build, buy, rent, sell, establish,
maintain operate and conduct hotels,
stores, warehouses, depots, etc., and to
do general merchandise business.
Section 9. To bid in, buy. sell, ac-
quire, lease, sublet, or farm for its own
account, or for the account of others,
real estate, lands and tenements, and to
survey, ub-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
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 a general
constructing and construction business
and operations, consisting of entering
into and executing contracts with per-
sons, firms, and public or private cor
porations, ana particularly to make all
contracts and do all things Incidental to
the construction under contract of
bridges, buildings, pipe lines, roads,
highways, and turn pixies; to drain, re-
claim aud improve submerged, swampy
or other lands; to dig, construct, make,
straighten, widen, deepen or otherwise
work upon natural or other water
courses, canals, drains, sewers, bitches
and bikes, under contract or under
the direction of public officers, or
courts; and to do and carry on gene
raj dredging aud 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.
N v,rra hnsn nr
otherwise acquire and own, maintain and ope-
ra, essteamboats, sailing vessels, barge5 and
other water crafts, piers, barges and docks,
or wharves, and such lines of tramway or
railway within the State of Louisiana or else
where as may be convenient, necessary or inci>
dental to any business enterprise of the
Company with all necessary SidetrackS. loco
motives, cars depOts, round houses and other
equipment necessary to the operation of said
piers, docks, wharves tramways or railway
and the traffic thereon; provided that this
corporation shall not, without an amendment
of this charter, have the right to exercise the
power of eminent domain.
Section 6. To locate, build, construct,
establish, purchase, acquire, own, lease, rent
out, hold, use, maintain, and operate wares
houses, grain elevators and other buildings
for the storing of freight grain and any and all
other commodities for hire or otherwise; to
make advances or loans upon the security of
such freight goods aud commodities other
wise; to issue certificates and warrants,
either negotiable or ncn~negOtiabls to per-
sons storing goods with the company and
generally to do business as public wares
houseman, under the laws of the State of
Louisiana, or any other State, territory or
country in which it may operate, aud to carry
on or undertake any business transactions or
operation commonly carried on or undertaken
by warehousemen and any other business
which may from time to time be convenient
ly 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-
ate the aforesaid objects, or either of them, or
to fac ilitate it in the transaction of its afOrc-
said business or businesses, or any part there :
Of or in the transaction of any other lawful
business that may be calculated directly or
to enhance the value or to render
profitable any of the C0mpany's properties and
rights, and generally to hold and exercise all
such incidental powers and privileges as relate
to the objects and purposes hereinabove set
forth, or as may be necessary, useful or
for affecting said objects and
purposes.
ARTICLE w.
The capital stock of this corporation is
hereby fixed at Forty Thousand Dollars,
divided into and represented by Four
shares, OF One Hundred Dollars
each; which capital stock may be increas
ed o. reduced by proceedings taken in the
prescribed by law.
This corporation shall be a going con-
Germ and be considered as fully organized
when Seven Thousand. Five Hundred
Dollars of the capital stock of said corpO-
ration shall have been subscribed for.
The said stock shall be paid for in cash,
or in labor done, or property actually re :
ceived by the corporation, and all stock OF
this corporation not subscribed for in this
charter shall only be issued by the Board
of Directors Of this Corporation, and then
for cash OF labor done or performed, or
property received by the corporation.
Tho officers of this corporation shall
consist OF President, Vice. President,
Secretary and Treasurer. The office of
Secretary and Treasurer may be held by
one person.
ARTICLEV
The corporate powers of this corpora
tiou shall be vested in and the business of
same shall be managed by Board Of not
less than three 81 nor more than seven
ri directors, to be selected from among
the stockholders, and any person having
stock standing in his name, either as own
er or agent, shall be qualified 10 become a
director The first Board of Directors
shall consist Of Wilbur H. Kramer, Paul