The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1916-06-24
CHARTER
OH
The Southern Planting & Development
Co., Incorporated.
UNITED STATES OF AMERICA J
STATE OF LOUISIANA, y
PARISH OF ST NARY !


STATE OF LOUISIANA,
PARISH OF ST. NARY J
Be it known that on this. the 9th day o
the month of Nav.'in the year Of our Lore
Nineteen Hundred and sixteen, before
me, Joseph J. Schwartz, Deputy Clerk o
the 23rd Judicial District Court Of tn,
State Of Louisiana, in and for the Parish
of St. Mary, and eX-otliccIO "A Notary Pub
lie in and for the Parish and state afore-
said. therein residing, and in the presence
of the witnesses hereinafter named and
undersigned, personally came and APP
peared the persons whose names are
hereuntO subscribed. all of the full age OF
majority and residents of the Parish of st
Mary, State of Louisiana, who severaliy
declared that. availing themselves OF the
provisions of the Act of the Legislature of
the State Of Louisiana, being known a.
Act No. 267 OF the Session Acts OF 1914.
they do, by these presents, covenant and
agree and bind themselves, as well as such
other persons as may become hereafter
associated with them, in order to form
and constitute a corporation and body pO-
little in law: for the objects and purposes
and under :he sripulatl)ns following, to-
wit:
ARTICLE
The name and title OF this corporation
shall be "THE SOUTHERN PLANTING
& DEVELOPMENT COMPANY. IN
CORPORATED, and it shall have and en- e.
10y succession and existence for a period
of Ninety mine (99) years from date heres
of. 1t shall have, enjoy and possess all
the powers, rights, privileges and immu
mites accorded to corporations under the
law.
ARTICLE II.
The donicile of this corporation shall be
in the Town of Franklin, Parish OF st.
Mary. State Of Lousi ma, where all the
citations and other legal process shall be
served upon the President, and in the case
of his absence upon the Vice. Presto ent :,
and in case of the absence of the Vice
President, upon the Secretary Treasurer
thereof.
ARTICLE III.
The objects and purposes for which this
corporation is organized and the nature Of
the business to be carried on bv it are
hereby declared to be:
az To engage in the cultivation and
selling of ali 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, mtres, colts, don
keys, sheep, goats, hogs. poultry, geese,
ducks, guinea fowls and ostriches; and in
furtherance thereof to buy. lease or ac-
qnire such real property as may be nCces-
sary to properly conduct and prosecute
said business, in the establishment and
maintenance Of factories, plants, tram
81
(2) 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, judg
ments resulting therefrOm and other per- /
sOnal property collateral thereto, in maxi
ing or obtaining loans upon such property.
In supervising. managing and protecting
such property and loans and all interests
in and claims affecting the same, in eff .ct
Ing insurance against fire and all other
risks thereon.
(3.) 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 unmproved; to make |
all mortgages of real property and bor-
rowing money thereon by mortgage or
otherwise; the loaning money upon real
properly 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 10 acquire by purchase, lease, ex-
change or otherwise plantations. lands or
any interest therein, machinery, tools and
instruments; to acquire, construct and
operate sugar and other plantations, sugar
or other refineries, buildings. mills, fac
tories, distilIeries, paper mills. oil wells
and other works; to plant, cultivate and
deal IN sugar cane. maize or other crops;
to buy, acquire, build, possess, rent or
sell dwelling houses: to own, lease or
otherwise acquire stOi es, and 70 do gem
eral merchandise business: to carry on
the business of manufacturing, producing.
refining, adapting. preparing, buying,
selling and dealing in, and shipping and
transporting, sugar cane, sugar, moI;sses,
syrup and all products thereof: to nj Ike
ell mortgages Of real property and brow.
Ing money thereon by mortgage or other.
wise, the loanng money upon real proper.
~ and the taking of mortgages AMI as
sfgnments of mortgages Of the same.
6.) TO purchase, receive, own and sell
bonds, mortgages, debentures, notes.
shares of capital stock and other securi-
ties. contracts or evidences of indebted>
ness of any other corporation, and while
the owner and holder thereof. to exercise,
In respect thereto. any and all the rights,
powers and privileges Of individual owners
thereof.
(6.) 10 carry on the business of ware
housing and all business necessary and
implicitly incidental thereto
III And generally to do all things neces-
sary and proper pertaining or incident to
such business.
ARTICLE ".
The capital stock of this corporation is
Ieby declared to be the sum Of Flfty-twoI
ndred IS 10000 Dollars. divided into
y.two 81 shares of the par value of
one Hundred $4,000 Dollars each, and
this corporation shall be operative and 90
into business and become going concern
when the said fifty-two t52] shares of its
capital stock shall have been subscribed
and paid for, to-wit: at the execution of
these presents. No transfer of stock shall
be binding upon this corporation unless
same aDDearS IlD0n the hoOks fhoraof
: No stakeholder shall have the right to
assign or transfer any share or shares held
by him unless he shall have first offered,
Bams in writing to the B,lri Of Directors
which will have the right to purchase
same within ten days thereafter, at the