The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-05-09

generally deal in sugar cane, sugar,
molasses, syrups, and all the products
the reof, and to carry on any business
incidental thereto, and for the purposes
aforesaid, to acquire, construct, lease,
own. maintain and operate sugar OF
other plantations, sugar or other re-
fineries, and any buildings, mills, tacto-
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 a planter;
to build, buy, rent, sell, establish,
maintain, operate and conduct hotels,
stores, warehouses, depots, ETC., and to
do 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 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, and 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 and improve submerged, swampy
or other lands; to dig, construct, make,
straighteu, 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 and draining business, and |
for that purpose to own aud operate |
dredging and draining
plants, consisting of machinery, tools,
nj 70,
scows, lighters, derricks,
vessels, engines, cars, wagons and prop
erty of every class and description con-
venient or necessary thereto.
Section 5. To construct purchase, lease or
otherwise acquire and own, maintain and ope-
rate steamboats,, sailing vessels, barges and |
other water crafts, piers, barges and docks,
railway within the State of Louisiana or else.
where as may be convenient, necessary or incis
dental to any business or enterprise of the
Company, with all necessary sidetracks loco
motives, cars, depOts, round houses and other
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
tut, hold, use, maintain, and operate wares
houses, grain elevators and other buildings
or the storing of freight, grain and any and all
'ther commodities for hire or otherwise; to
make ADVANCES or loans upon the security of
such freight goods and commodities or other
wise; to issue certificates and warrants,
either negotiable or nonsnegOtiable to per,
IONS storing goods with the company and
to do business as public ware.
under the laws of the State of
louisiana, or any other State, territory or
country IN which 1t may operate, and to carry
IN or undertake any business transactions or
operation commonly carried or undertaken
~ Warehousemen and any other business
which may from time to time be convenient
y carried On Or IN connection with the above |
Section ]. To carry on any other business
which under the law it may be entitled to
AIRY on which may seem to the corporation to
70 calculated directly or indirectly to effectu.
te the aforesaid objects, or either Of them. or
o fac ilitate it in the transaction OF its aforc.
ald business or businesses, or any part there
BUSINESS that may be calculated directly or
Indirectly to enhance the value or to render
'roftable any of the cOmpany's properties aud
lights, and generally to hold and exercise all
uch incidental powers and privileges as relate
the objects and purposes hereinabove set
orth, or as may be necessary, useful or
convenient for affecting said objects and
purposes.
ARTICLE Nv.
Inc capital stock of this corporation is
!ereby fixed at Forty Thousand Dollars,
!lvided into and represented by Four
hundred shares, of One Hundred Dollars
ach; which capital stock may be increas-
d or reduced by proceedin q taken in the
manner prescribed by law.
This corporation shall be a goiag con-
ern and be considered as fully organized
vhen Seven Thousand, Five Hundred
Dollars OF the capital stock of said corpo-
alton shall have been subscribed for.
The said stock shall be paid for in cash.
in labor done, or property actually re. !
eived by the corporation, and all stock Of
his corporation not subscribed for in this
harter shall only be issued by the Board 1
Directors Of this Corporation, and then
Or cash or labor done or performed, or !,
roperty received by the corporation.
onsist OF President, Vice President
ecretary and Treasurer. The Office ~
and Treasurer NAV he held hu /