The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-05-16

generally deal in sugar cane, sugar
molasses, syrups, and all the product!
thereof, and to carry on any bushes
inc dental thereto, and for the purposes
aforesaid, to acquire, construct, lease
own, maintain and operate sugar O.
other plantations, sugar or other re-
fineries, and any buildings, mills, facto
ries, distilleries, and other works neces
sary therefor; to raise, buy, sell ant
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 t
do q general merchandise bushes
Section 2. To bid in, buy. sell, &C
quire, lease, sublet, or farm for its owr
account, or for the account of others.
real estate, lands and tenements. and tC
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
aud 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, OF
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 3.
ana or elsewhere.
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 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 dikes, 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.
Section S. 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,
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 or 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 traific thereon; provided that this
corporation shall not, without an anne ilmont
of this charter, have the right to exercise the
power of eminent domain.
Section 8. To locate, build, construct
establish, purchase, acquire, own, lease. rent
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 and commodities or other
wise; to issue certificates and warrants,
either negotiable or non~negOtiable to per-
sons storing goods with the company and
generally - do business as public ware~
houseman, under the laws Of the State of
Louisiana, or any other State, territory or
country in which it may operate, and to carry
OH 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
~ carried on Or in connection with the above.
which under the law it may be entitled to
,arry on which may seem to the corporation to
be calculated directly or indirectly to effectu-
ate the aforesaid objects, or either Of them, or
'aid business or businesses, or any part there |
)f, or in the transaction Of any other lawful |
business that may be calculated directly or
Indirectly to enhance the value or to render |
lights, and generally to hold and exercise all |
uch incidental powers and privileges as relate |
o the objects and purposes hereinabove set |
orth, or as may be necessary, useful or |
for affecting said objects and |
purposes.
ARTICLE Nv.
The capital stock of this corporation is |
hereby fixed at Forty Thousand Dollars, |
divided into and represented by Four
Hundred shares, of One Hundred Dollars |
ZACH; which capital stock may be increas-
ID or reduced by proceedings taken in the |
manner prescribed by law.
This corporation shall be going con-
ern and De considered as fully organized |
when Seven Thousand, Five Hlndr ed |
Dollars OF the capital stock of said corpo.
alton shall have been subscribed TO-.
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
4 Directors of this Corporation, and then
or cash or labor done or performed, or
property received by the corporation.
The officers of this corporation shall
0nsist Of President. Vice President,
and Treasurer. The office of
secretary and Treasurer may be held by
ne person.
ARTICLE v.