The Morgan City daily review. (Morgan City, La.) 1916-1920, 1917-10-29

|
Act 267 of the General Assembl.
| for the year 1914, they had and DE-
| by these presents, covenant, agree
bind and organize themselves, ant
those who may hereafter become
associated with them, as a corpora
ton and body polite under the fol
lowing terms and conditions con
stituting their charter.
ARTICLE
The name Of this corporation shall
be THE MORGAN CITY COM.
PANY, INC, under which name il
shall have corporate existence and
succession for the period of nine
ty-nine (99) years from the date
hereof, unless sooner lawfully dis
solved.
ARTICLE II.
The purpose for which this cor
poration is formed are:
To purchase, buy, hold, lease or
otherwise acquire, and to sell or
otherwise dispose of, lands, tene-
ments or other property, movable
or immovable, or both; to pur-
chase, or otherwise acquire, and to
hold, reclaim, improve and develop
swamp and marsh land, or both; as
we'll as all other lands or property /;
to farm and cultivate lands and
property, either by or for itself, or
others, and to engage in agricultu-
raj pursuits generally, and to op-
crate any mandatory for the pur-
pose of disposing Of its agricultural
products; to engage in the buying,
raising, improving, breeding and
selling, either alive, slaughtered, or
packed, of live stock of all kinds;
to own and operate warehouse,
granaries, sugar refineries, or such
other manufactures as it may see
TIT; to buy and sell timber and lum-
Der and all kindred products, and
to operate sawmills or other wood
manufactures, and buy and sell, or
otherwise handle the products of the
same; to own and operate commits
saries and to carry en- a general
mercantile business, either whole
sale or retail, or both; to conduct a
general real estate business, and to
lay out towns, or town sites, sell
and dispose of lots, and to construct
all desirable improvements, drain
age, sewerage, or all other kinds in
connection Herewith; to lay out
and construct, or acquire roads Of
all kinds, ferries, bridges, canals
and ell appurtenances, install pump
ing plants, electric lights, gas or
water works, OH lands owned or
held by it; or bought or reclaimed.
and to operate any or all of such
to buy, acquire, hold,
own and operate such steamboats,,
Oarges, or other water craft. as il
c,ay desire fof its private purposes,
1r may find oXpedient; 10 erect all
dwellings, CT other b1illir@3 or lis
property OF elsewhere. as il may soc
lit or find necessary; to buy an6 sell
Ill property, real, personal. OF mix
I'd, necessary or incidental to the
out of the above described
or to loan money on prop
orty, or to borrow money on its
ands or real estate, tenements. OF
,ther property, to mortgage and ky-
)othccGte the same, and to issue
oonds, notes, or other evidences of
and, generally. TO have
uch powers and to do and perform /
III such Other and further acts. .
whether directly enumerated above
n not, and as may be permitted by
aw, to be embraced within the pur-
lew Of one corporation holding the
covers set out above, as well IS to
10, have and perform all acts nee
ssary or incidental to the enumer-
ted powers.
ARTICLE III.
This company shall have power II |
IS corporate name to contract, sue t
nd be sued; to make and use cor
crate seal and the same to break or
tier at pleasure; to acquire proper
of all kinds by any means whatso-
yer; OF TO hire or lease the same,
. hold, use, sell or otherwise dis
Csc of same, as it may elect, as
'ell as to mortgage, pledge or ny
othecate the same, subject only to
UGH limitations as may be prescrib
d by law; and, in general, to do,
ave power to or perform, any and
II acts of whatsoever kind, inciden-
IL or usual to corporation.
In all matters not specifically pro-
ided for herein, this corporation
lall be deemed to have, possess,
nd exercise any and all other and
.rther powers as may be given it by
aid Act 267 of 1914, or other laws
{ this State
ARTICLE Nv.
The entire and full corporate
over of this Company shall be