The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-04-25

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 aud operate sugar or
other plantations, sugar or other re-
fineries, and any buildings, mills, facto-
ries, distilleries, and other works neces,
sary therefor; to raise, buy, sell ana
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, es tabllsh,
maintain, operate and conduct hotels,
stores, warehouses, depots, etc.. and to
do a general merchandise bushes
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 otherwise, anu
to improve and develop the same by
the erection of houses or buildings
thereon, and to do such other lawful
improvements as may be needtul or oe-
sirable in aud 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
tric,s, or to do any other act which an
individual might lawfully do.
Section 3. To purchase, acquire, re-
csive, 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, an particularly to make all
contracts and do all things incidental to
the construction under contract of
bridges. buildings, pipe lines, roads,
highways, aud 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
aud dikes. under contract or under
the direction of pubic officers, or
courts: and to do and carry on a 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 5. To construct, purchase, lease or
otherwise acquire and own, maintain and ope-
rate steamboats,, sailing vessels, DargeS 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 traffic thereon provided that this
corporation shall not without an amendment
of this charter, have the right to exercise the
power of eminent domain.
Seclion 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 to
make advances or loans upon the security of
such freight goods and commodities other
wise; to issue certificates and warrants,
either negotiable or nonsnegotiable to per-
sons storing goods with the company and
generally to do business u public wares
house nan, under the laws Of the State Of
Louisiana, or any other State. territory or
country ia which it may operate, and to carry
on or undertake any business transactions or
operation commonly carried on or undertaken
by warehouseInen and any other business
which may from time to time be convenient
~ carried on or in connection with the above.
Section ]. To carry on any other business
which under the law it may be entitled to
carry on which may seem to the corporation to
| be calculated directly or indirectly to effectu-
ate the aforesaid Objects or either of them, or
to facilitate it in the transaction of it's azores
said business or businesses, or any part there i,
OF, or in the transaction of any other lawful
business that may be calculated directly or
indireetly to enhance the value to render
profitable any of the company's properties and
rights, and generally to hold and exercise all
to the objects and purposes hereinabove set
forth. or as may be necessary, useful or
convenient 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
| each; which capital stock my be increas.
ed or reduced by proce edin s. taken in the
manner prescribed by law,
Thls corporation shall be goi lg con.
Germ and oe considered as fully organized
when seven Thousand, Five Hundred
Dollars Of the capital stock of said corpo-
| ration shall have been subscribed for.
fhe said stock shall be paid for in cash.
or in LABOR done, Or property actually re !.
ceived by the corporation, and all stock of
this corporation not subscribed for in this
CHARTER shall only be issued by the Board
of Directors of this Corporation. and then
for cash or labor done or performed. or
property received by the corporation.
The officers of this corporation shall
consist OF President, Vice. President,
Secretary and Treasurer. The office OF