The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-04-04

own, maintain and operate sugar or
other plantations, sugar or other re-
f1neries, 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 planter;
to build, buy, rent, sell, establish,
maintain. operate and conduct hotels,
stores, warehouses, depots, ETC., and to
do general merchandise business
Section 2. To bid in, buy. sell, ac-
quire, lease, sublet5 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 3. 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 ia the State of. Louisi-
ana or elsewhere. e.
Section 4. To carry on 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 u 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,
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 and 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, derrlcks,
| 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 aud
other water crafts, piers, barges and docks,
| or wharves, and such lines of tramway or
railway within the State of Louisiana OF else
where as may be convenient, necessary or incl-
dental to any business or enterprise OF the
ComDany, with all necessary sldetracks LEGO
| motives, cars. depots. round houses and other
| equipment necessary to the op erauqn or said
piers, docks wharves, tramways or ,ratiWay
and the traffic thsfe9n; nIoviaeo 5naS an,s
| 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 ware
houses, grain elevators and other buildings
for the storing Of freight, grain and any and all
other commodities for hire or otherwise; tc
make advances or loans upon the security OF
| such freight goods and commodities or other
wise; to issue certificates and warrants
either negotiable or non-neseuaSie 70 per
| generally to do business as public ware
| houseman under the laws Of the state Of
Louisiana, or any other state. terntsry o.
| country in which it may operate, and TO carry
| on or undertake any business transactions ol
| operation commonly carried on or uIldeftakei
| by warehousemen and any other business
| which NAV from time to time be convenient
| ly carried on OR in connection with the above
Section Z. To carry on any other business
which under the law it may DO entitled u
carry on which may seem to the corporation t.
| be calculated directly Or indirectly to effeetu
ate the aforesaid objects, or either OF them, o.
| to fac ilitate it in the tran sacton OF itS atorc
Of or in the transaction Il any other, Lawful
blu siaess that may be calculated directly o
| Indirectly to enhance the value 0f to reade
profitable any OF the company's properties an,
| rights and generally to hold and exercise al
| such incidental powers and privileges ~ relat
| to the objects and purposes hereina1ave Sc
forth, or as may be necessary, useiut o
fconvenient for affecting said objects am
purposes: s. .-@
ARTICLE Nv.
The capital stock of this corpora ieA
hereby fixed at Forty Thousand, Dollars
divided into and represented by Fou
Hundred shares, of One Hundred Dollar
each; which capital stock may be increas
i ed or reduced by proceedings taken IN til
manner prescribed By laW.s
This corporation shall be a going con
Germ and De considered as fully organizes
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 cast
or in labor done, or property actually re
ceived by the corporation, and all stock 9
this corporation not subscribed for in TIL
charter shall only be issued by the Boar
of Directors of this Corporation. and the
for cash or labor done Or performed {
4 .property received by the corporation. :.
The officers of this corporation SPA
consist OF Il President, v Ice Presiden
Secretary and Treasurer fhe office :
Secretary and Treasurer may be he Id
ARTICLE u sssx
The corporate powers OF his corpor
tiou shall be vested in and tho business
same shall be managed by a h;oard of y
less than three l3) nor more. than sevt
ri directors, to be selected from amor
i, the stockholders. and any person havir
stock standing in his name, eth er as owl
| agepi. hau be aualified To. becQme