The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1916-06-10
CHARTER
The Southern Planting & Development
Co., Incorporated.
UNITED STATES OF AMERICA J
STATE OF LOUISIANA,
PARISH OF ST NARN

Be it known that on this. the 9th day @
the month of Nav.sin the year of our Lor
Nineteen Hundred and Sixteen, befor
me, Joseph J. Schwartz, Deputy Clerk 0
the 23rd Judicial District Court Of til
State Of Louisiana, in and for the Paris
of st. Mary, and eX-otficclO a Notary Pub
lie in and for the Parish and state afore
said, therein residing, and in the presence
of the witnesses hereinafter named ant
undersigned, personally came and ap
peared the persons whose names ar
hereunto subscribed. all of the full age o
majority and residents of the Parish of st
Mary, State of Louisiana, who severallN
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 ant
agree and bind themselves, as well as such
other persons 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 the stipuatons following, to-
wit:
ARTICLE 1.
The name and title Of this corporation
shall be "THE SOU THERN PLANTING
& DEVELOPMENT COMPANY IN
CORPORATED and it shall have and en-
jOv succession and existence for a period
of Ninety mine (93) wears from dlte heres
Of. 1t shall have. enjoy and possess all
the powers, rights. privileges and immu
mites accorded to corporations under the
law.
ARTICLE IL
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 PRESIDE nt :.
N n 10 absence nf "a
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 by it are
hereby declared to be:
d. 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
furtherance thereof to buy, lease or ac-
qnire such real property as may be neces-
sary to properly conduct and prosecute
said business, in the establishment and
maintenance of factories, plants, tram
ways, railways or otherwise.
(2.) To transact general real estate
the management OF estates; to act as agent
broker, or attorney in fact fol- 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 mak- |
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 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 earprop-
erty, Improved and unimproved; 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 To 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 refneries, buildings. mills, fac
tories, dlstIllerles, 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 stores. and to do gem
eral merchandise business: to carry on
the business OF manufacturing, producing.
refining, adapting, preparing, buying,
selling and dealing in, and shipping and
sugar cane, sugar, moasses,
syrup and all products thereof: to make
m0rtOaDpS IA h.,
ing money thereon by mortgage or other
wise, the lOaning money upon real proper
" ana the taking OF mortgages and as
slgnments of mortgages Of the same.
b.) TO purchase, receive, own and sell
bonds, mortgages, debentures, notes, Z
shares of capital stock and other securi-
ties. contracts or evidences OF indebted> 7
ness OF any other corporation, and. while
he owner and holder thereof to exercise
n respect thereto. any and all the rights,
bowers and privileges of individual owners
hereof.
(6.) To carry on the business of ware.
housing and all business necessary and !,
mpliedly incidental thereto :
III And generally to do all things neces- n
ary and proper pertaining or incident to y
UGH business. n
ARTICLE w. !:
The capital stock Of this corporation is Y
ereby declared to be the sum of Flfty-two N
hundred 10 10000 Dollars divided into y
fty.twO 81 shares of the par value of 4
ne Hundred $4,000 Dollars each. and u
lis corporation shall be operative and 90 Y
to business and become going concern u
hen the said fifty-two [52l shares of its :,
pital stock shall have been subscribed n
Id paid for, to-wit: at the execution of d
ese presents. No transfer of stock shall 4
binding upon this corporation unless A
me appears upon the books thereof. -
No stOokhOlder shall have the RIGHT to AZ
sign or transfer any share or shares held :.
him unless he shall have first offered.
NJ Ia writing u the BDsri of d irectors a
hich will have the right to purcha;e u
me within ten days thereafter, at the "A
iuation determined b. ths Board: and ~
case Of dissatisfaction as to the price IL
. matter shall be arb:tratad, one arbi -
lfor with the bowers of 1mic, hin cnr,, ~