The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-03-21

other plantations, sugar or other re-
fneries. and any buildings, mills, facto-
RES. 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 q planter;
to build, buy, rent, sell, establish
maintain, operate and conduct hoteis,
stores. warehouses, depots, ETC.. and to
do general merchandise business:
Section 2. To bid in, buy. sell, &C.
ouire. 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 otherwis!" 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-
nose whatever, and particularly to drain
and reclaim lands, and for that purpose
to form drainage or sHb-drainage dis
tricts, or to do any other 4gt WHICH an
individual might lawfully do.
Section 8. To purchase, acquire, re-
ceivs. hold, own, pledge, sell. and dis
pose of stocks. bonds, mortgages, de-
he,;.uros, notes and other security, or
evide,ces If indebtedness Of any firm,
ASSOCIATION, individual Or corp"ration'
or of any state, parish, county. ward
drainage Or subdralnagr district or an
uoliticai division 10 he state of Louisi-
-, ~. al ttaTA
Section 4. To carry ou general
constructing and construction business
and operations, consisting OF entering
into and executing contracts with per
sons, firms, and public or private cor
an partlcnlaFle 20 max al!
contracts and do all things iaciden al t.
the construction under soufract -
bridges. buildings, pipe lines roa is.
highways, and turn pixies; TO drain re-
claim and improve submerged, swami,
or other lanis; to dig, construct. maze,
widen, deepen Or o'harw'se
work upon natural or othe" wgter
courses, canals, drains, sewers. bitches
and dikes, under c)nsract or under
the direction of public offic,rs, or
and to do and carry Oh u gene
raj dredging aud draining business. an
for that purpose to own and opssat
constr4 action, dredging and draining
plants, consisting of machinery, to,is.
implements. dredge boats. dtching
machines, scows, lighters, derr.cks.
engines, cars, wagons and prop
erty of every class and description con-
yenient Or necessary thereto.
Section S. TO construct, purchase, lease or
acquire and own. maintain and ope..
rate steamboats, sailing vessels. barges and
,ther water crafts, piers, barges and docks,
~ wharves, and such lines of trainVay or
.ailway within the State of Louisiana or else
where as may be convenient, necessary or inci-
lental to any business or enterprise, of the
Company. with all necessary sideGracks. loco
notives cars, depots, round houses and other
Equipment necessary to the operation of said
ind the traffic thereon; provided that this
shall not, without an amendwaat
f this charter, have the right to exercise the
,ower of eminent domain.
establish, purchase, acquire, own, lease, rent
ut, hold. use. maintain, and operate wares
louses, grain elevators aud other buildings
Or the storing Of freight, graar and any and all
make advances or loans upon the security of
UGH freight goods and commodities or other !
wise; to issue certificates and warrants.
ither negotiable or mon. .ns to per-
generally to do business as public ware~
onsswan, under the laws Of this State OF
or any other State territory or
opntry in which II may operate, and to carry
n or undertake any business transactions or
operation commonly carried on OF undertaken |
y warehousemen and any other bqsipess |
1hich may from time to time be convenient |
p carried on Or in connection with the above. |
Section J. To carry on any other business |
Which under the law it may be entitled to
airy on which may seem to the corporation to |
o calculated directly or indirectly to effectu- |
to the aforesaid objects, or either Of them, or
fac ilitate 1t in the transaction of its afOre~
aid bminess or businesses, or any part there !
4, or in the transaction Of any other lawful
ustness that may be calculated directly or |
to enhance the value or to render
ro6table any Of the company's properties and |
iehts and generally to hold and exercise all !,
UGH incidental powers and privileges as relate |
0 the objects and purposes hersinsbove set
orth, or as may be necessary, useful or
purposes.
ARTICLE Nv.
The capital stock of this corporation is |
ereby fixed at Forty Thousand Dollars, |
ivided into and represented by Four |
hundred shares, OF One Hundred Dollars |
ach; which capital stock may be increas-
d or reduced BY proceedings taken in the !
manner prescribed by law.
This corporation shall be . goiag con.
0IA 0uO D0 SOAoANCAOH % AQb-
7hen Seven Thousand, Five Huplisd |
Dollars of the capital stock Of aid corpo-
alton shall have been subscribed for.
The said stock shall be paid for in cash, |
r in labor done, Or property actually re
eived by the corporation, and all stock Of |
his corporation not subscribed for in this |
barter Snail only be issued by the hoard |
( Directors of this Corporation, and then |
or cash or labor done or performed. or |
roperty received by the corporation
The officers of this corporation shall |
Onsist of President. Vica-President.
ecretary and Treasurer. The Office Of |
and Treasurer ~ be h-l. BY |
ne person.
ARTICLE Y.
The corporate powers OF this corpora
on shall be vested IN and the bnslaes, OF !
anne shall he managed by Board of rot
,ss than three "a nor more than seven
n directors, to be selected from am)ng
ne stockholders, and any person having
tock standing in hts name, either as own
r mr. aUont shall he IN lifiad IN c,rno q,