The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1916-05-27
CHARTER
The Southern Planting T. Development
Co., Incorporated.
UNITED STATES OF AMERICA J
STATE OF LOUISIANA. :
DtDICu or, CT NAIpN

PARISH OF 81. MANY )
Be it known that on this, the 9th day of
the month Of Nay,.in the year Of our Lore!
Nineteen Hundred and Sixteen, before
me, Joseph J. Schwartz, Deputy Clerk Of
the 23rd judicial District Court of the
State of Louisiana, in and for the Paris h
OF st. Mary, and eX-otlicclo a Notary Pub
lie in and fOr1he Parish and State afore-
said, therein residing, and III 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 severaly
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 corporation and body po-
little in law; for the objects and purposes.
and under the stpuatons following, to-
wit:
ARTICLE l.
The name and title Of this corporation
shall be 1.-THE SOUTHERN PLANTING
& DEVELOPMENT COMPANY. IN
CORPORATED, and it shall have and en-
Joy succession and existence for period
of Ninety mine (99) years from date here,
OF. 1t shall have, enjoy and possess all
the powers, rights, privileges and immu-
mites accorded to corporations under the
law.
ARTICLE II.
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
nf oh ~ Iap
and in case of the absence of the Vice
President, upon the ecretaryTreasurer
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:
o. 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.
CO. To transact 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 mak>
ing or obtaining loans upon such property,
SlnprVlS1nO inc
such property and loans aud 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 real prop
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 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
tories, distilleries, 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 !
transporting, sugar cane, sugar, mOlasses,
syrup and all products thereof: to make
all mortgages of real property and borrow.
ing money thereon by mortgage or other
wise, the loaning money upon real proper
ty and the taking of mortgages and as
signments of mortgages of the same.
6.) 10 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.
co. To 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
hereby declared to be the sum Of Fifty two
Hundred $5,200.00 Dollars, divided into
fifty-two 81 shares Of the par value of
One Hundred $4,000 Dollars each, and
this corporation shall be operative and 20
into business and become going concern
when the said ffty-twO 1921 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 appears upon the books thereof.
No stakeholder shall have the right to
assign or transfer any share or shares held
by him unless he shall have first offered.
same in writing to the Board Of Directors
which will have the right to purchase
same within ten days thereafter, at the
valuation determined by the Board: and
In case Of dissatisfaction as to the price.