The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-05-02

mOl8SSeSs SyIupoj 0uu ga so
the reof, and to carry on any business
thereto, and for the purposes
to acquire, construct, lease,
own, maintain and 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 planter;
to build, buy, rent, sell, establish,
maintain, operate and conduct hotels,
stores, warehouses, depots, ETC., and to
do q general merchandise bushes
Section 2. To bid in, buy. sell, &C
auire, 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, ana
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 in the State Of Louisi.
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, 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,
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
dredging and draining
plants, consisting of machinery, tools.
dredge boats, ditching
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 0pe
rate steamboats,, sailing vessels, barges and
other water crafts, piers, barges and docks,
railway within the State of Louisiana or else.
where a. may be convenient, necessary or lnci<
dental to any business or enterprise of the
Company. with all necessary sidetracks, loco
equipment necessary to the operation of said
piers, docks, wharves, tramways or railway
and the traffic thereon; provided that this
Of this charter, have the right to exercise the
power of eminent domain.
Section 9. To locate, build, construct,
purchase, acquire, own, lease. rent
houses, grain elevators aud other buildings
Tor the storing of freight, grain and any and all
,ther commodities for hire or otherwise; to
Make 8UV80CG8 OI 1O8u0 UpOu tQe SECURITY OF
'uch freight goods and commodities or other
wise; to issue certificates and warrants,
sither negotiable or n0n4neg0tiable to per,
sons storing goods with the company and
1Ouseman, under the laws of the State Of
or any other State, territory or
country In which 1t may operate, and to carry
m or undertake any business transactions or
operation commonly carried on or undertaken
~ warehOusemen and any other business
which may from time to time be convenient
y carried ON Or in connection with the above,
which under the law il may be- entitled to
larry on which may seem to the corporation to
70 calculated directly or indirectly to effectu-
'te the Aforesaid objects, or either Of them, or
20 fac iitato 1t In the transaction OF its afOrc~
aid business or businesses, or any part there's |
ii, or in the transaction Of any other lawful |
business that may BIO calculated directly or
ndirectly to enhance the value Or to render
and generally to hold and exercise an
uch incidental powers and privileges IS relate
o the objects and purposes hereinabove set
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
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 goiag CON.
FERN and be considered as fully organized |
when Seven Thousand, Five Hundred
Dollars Of the capital stock of said corpo-
'att0n shall have been subscribed tor.
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
charter shall only be issued by the Board
II 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
consist of q President, Vice. President.
secretary and Treasurer. The office OF
and Treasurer may be held By
,ne person.
ARTICLE
The corporate powers Of this corpora.
Ion shall be vested in and the business of
'ame shall be managed by Board Of rot