The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1916-06-03
CHARTER
The Southern Planting 4 DEVELOPMENT
Co.. Incorporated.
UNITED STATES OF AMERICA
STATE OF LOUISIANA.
II |

the month Of Nav.:in the year of our i.Or
Nineteen Hundred and sixteen, befOr
me, Joseph J. Schwartz, Deputy Clerk q
the 23rd Judicial District Court of tn
State OF Louisiana, in and for the Paris
of st. Mary, and eX-otiicclo a Notary Pub
lie in and for the Parish and State afore
said. therein residing, and in the presence
OF the witnesses hereinafter named an,
undersigned, personally came and ap
peared the persons whose names ar
hereuntO subscribed, all Of the full are o
majority and residents of the Parish OF st
Mary. state Of Louisiana. who >everalll
declared that, avaiing themselves of tn,
provisions of the Act Of the Legs lature OF
the State Of Louisiana. being known a
Act No. 261 Of the Session Acts of 1911
they do. by these presents, covenant am
agree and bud themselves, as we'll as such
other persons may become hereafter
associated with them. in order to form
and constitute corporation and body po-
titic in law: for the objects and purpose,
and under The stipulatlons following. to.
wit:
ARTICLE |.
The name and title OF this corporation
shall be 1.-THE SOU THERN PLANTING
& DEVELOPMENT COMPANY. IN
CORPORATED. and it shall have and en-
JOY succession and existence for a period
of Ninety nine (99) years from ttate heres
OF. 1t shall have, enjoy and possess all
the powers, rights, privileges and immu-
mites accorded to corporations under the
law.
ARTICLE H.
The domicile of this corporation shall be
in the Town of Franklin. Parish of ST.
Mary, State of Louisiana, where all the
citations and other legal process shall be
served upon the President. and in the case
OF his absence upon the Vice. President,
and In case OF the absence of the Vice
q 1rar
thereof.
ARTICLE III.
The objects and purposes for which this
corporation is organized and the nature of
the business to be carried on by it are
hereby declared to be:
% TO engage in the cultivation and
selling of all farm and plantation pro-
ducts of every nature, kind, and character
whatsoever; in the breeding, raising
dealing, buying and selling of cattle.
mules, jennets, horses, mares, colts, don
keys, sheep. goats, hogs. poultry, geese,
ducks, guinea fowls and ostriches; and in
1urtherance thereof to buy. lease or ac-
qnre such real property us may be neces-
sary to properly conduct and prosecute
SAID business, in the establishment and
maintenance of factories, plants, tram
ways, railways or otherwise.
ca To transact "A general real estate |
agency and brokerage business, including |
the management of estates; to act as agent. |
broker, or attorney in fact for any per-
sons or corporations in buying, selling and |
dealing in real property and any and !
every estate and interest thereon, and
chooses in action secured thereby, iudy-
ments resulting therefrom, and other per-
sonal property collateral thereto, in mak-
ing or obtaining loans upon such property.
In supervising, managing and protecting
such property and loans and ali interests
in and claims affecting the same, in effect
Ing insurance against fire and all other
risks thereon.
49, To improve, manage and operate
real property; to develop real property
generally; to buy, deal. sell and exchange
real property; to rent and lease real prop
erty, Improved and unimproved; to make
all mortgages of real property and bor-
rowing money thereon by mortgage or
Otherwise; the loanlng money upon real
and the taking Of mortgages and
assignments OF mortgages of the same: to
buy. sell and deal in bonds and loans Sc
cured by mortgages or other liens on real
property.
al To acquire by purchase. lease. ex-
Change or otherwise plantations. lands or 4
any interest therein, machinery, tools and
Instruments; to acquire, construct and
operate sugar and other plantations, sugar
Dr. other refneres, buildings. mills, fac
-ories, dlstlllerles, paper mills. Oil wells
ana Otner works; to plant, cultivate and
% buy, acquire, build, possess, rent or
'eil dwelling houses: to own, lease or
)tnerWlse acquire STORES, and to do a gen.
,ral merchandise business: to carry on
ne business of manufacturing producing.
Ginning, adapting, preparing. buying.
cling and dealing in, and shipping and
transporting, sugar cane, sugar, moIasses
yrup and all products thereof: to make
vi mortgages OF real property and borrow.
NJ money thereon by mortgage or other
wise, the loaning money upon real proper-
and the taking of mortgages and as
lSnments of mortgages of the same.
CO., To purchase, receive, own and sell "A
onds. mortgages, debentures, notes, :,
hares OF capital stock and other securi, ~
les. contracts or evidences of indebted, VI
ess of any other corporation, and. while VI
he owner and holder thereof, to exercise.
respect thereto. any and all the rights
overs and privileges of individual owners
hereof. =
(6.l TO carry on the business of ware
ouslng and all business necessary and :,
1pliedly incidental thereto
III And generally to do all things neces IA
ny and proper pertaining or incident to ~!
ch business. "A,
ARTICLE ". ~:
The capital stock of this cOrporatio, : 10
'reby declared to be the sum of FIftv.two IA.
undred S5,2OO.00 Dollars, divided INFO ~!
ty-twO 80 shares Of the par yalua Of III
le Hundred 10000 Dollars each ami y
Is corporation shall be operative and 90 ~
% business and become going concern "A.
ZEN the said fifty-twO [52l shares of it, "
,ltal stock shall have been subscribed III
! paid for, to-wit: at the execution of ~:
se presents. No transfer of stock shall ~
Dlndlng upon this corporation unless a.
ne appears upon the books thereof. W
10 stakeholder shall have the right TO ~
Ign or transfer any share or shares held ~
him unless he shall have first offered. ~
ne in writing to the Board of Director. ~
lch will have the right to purchase u
he within ten days thereafter, at the "A.
latiOn determined by the Board: and ~
ase Of dissatisfaction as to the price IA
matter shall be arbitrated one arbi ~
or with the powers of amicable com. ~
IndarS to be annnintel 8 aa.I -