The Morgan City daily review. (Morgan City, La.) 1916-1920, 1917-11-15

who severally declared unto me,
Notary, that availing themselves OF
the laws of the State of Louisiana
and particularly of the provisions of
Act 267 of the General Assembly
for the year 1914, they had and do
!, by these presents, covenant, agree,
bind and organize themselves, and
those who may hereafter become
associated with them, as a corpora
ton and body polite under the fol-
lowing terms and conditions con-
shutting their charter.
ARTICLE l.
! The name of this corporation shall
be THE MORGAN CITY CON-
PANY, INC, under which name it
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
well 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
fit; 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
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 all appurtenances, install pump
ing plants, electric lights, gas or
water works, on 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,,
barges, or other water craft. as it
may desire for its private purposes,
or may find eXpedient: 10 erect all
dwellings, or other buildings on it's
or elsewhere, as it may see
fit or find necessary; to buy and sell
all property, real, Nersonal, or mix
ed, necessary or incidental to the
carrying out of the above described
purposes, or to loan money on prop
srty, or to borrow money on its
ands or real estate, tenements, or
other property, to mortgage and n.y.
oothecate the same, and to issue
ponds, notes, or other evidences of
and, generally. to have
such powers and to do and perform
Ill SUCH other and further acts,
whether directly enumerated above
" not, and as may be permitted by
aw, to be embraced within the pur-
new of one corporation holding the
powers set out above, as we'll as to
10, have and perform all acts nee
'ssary or incidental to the enumer-
ted powers.
ARTICLE III. i
This company shall have power in
IS corporate name to contract. sue ,
nd be sued; to make and use cor
orate seal and the same to break or
liter at pleasure; to acquire proper
v of all kinds by any means whatso-
yer; or to hire or lease the same,
o hold, use, sell or otherwise dis
ose of same, as it may elect, as
7ell as to mortgage, pledge or hy- !
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 s
IL acts Of whatsoever kind. inciden-
al or usual to a corporation.
In all matters not specifically pro-
ided for herein, this corporation
hall be deemed to have, possess, !
nd exercise any and all other and
rrther powers as may be given it by
aid Act 267 of 1914, or other laws
f this State
ARTICLE ".
The entire and full corporate
over of this Company shall be
ested in the Board of Directors.
insisting OF not. less than three,
or more than twelve stockholders,
he number to be determined at the
nnual stockholders meeting. Said