The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1918-05-04
rooenoent TO the St. Marv Banner Saturday May 1g8

/. TO engage in the cultivation and
selling Of all farm and plantation products
of every nature, kind and character
whatsoever; and in furtherance thereof
to buy, lease or acquire such real proper.
ty as NAV be necessary to properly conduct
and prosecute said business.
g TOimpruve. manage and operate real
property; to develop real property gene
raIly. to buy deal sell and exchange and
mortgage zeal property, to rent or lease
real property. improved or unlmproved;
| to loan money upon real property and take
mortgages and assignments Of mortgages
of the same.
3. To acquire by purchase, lease, eX
change or otherwise, plantations, lands or
any interest therein, machinery. tools ana
Instruments; to acquire, construct aud
| operate sugar and other plantations, su-
gar or other refineries, buildings, syrup
| mills, syrup canning outfits, TO plant, cul-
tivate and deal in sugar cane. corn, rice,
maize, potatoes or other farm products; to
| carry on the business Of manufacturing,
producing, refining, adapting, preparing,
buying. selling and dealing In, and ship
ping and transporting sugar cane, sugar
| mOlasses, syrup and all products thereof,
| to make and execute crop liens and priv.
leges from year to year, mortgages on real
property and borrowing money thereon.
by mortgage or otherwise.
| 4. And generally to do all things neces.
sary and proper pertaining or incident TO
| such business.
ARTICLE w.
The capital stock OF this corporation is
hereby declared to De the sum OF Five
Thousand One Hundred Dollars, divided
into fifty zone (5I shares Of the par value
of One Hundred Dollars each, and this
CORPORATION shall be operative and go in
to business and become a going concern
when the said fifty lone shares OF its caps
ital 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 Of
fered same in writing, to the Board OF
Directors, which shall have the right to
purchase same within ten days thereafter,
1t the valuation determined by the Board,
and in case of dissatisfaction as to the
price, the matter shall be arbltrated. one
arbitrator with the powers OF amicable
compounders to be appointed by each side
and an umpire to be selected by those
two, who shall take oath, and whose de-
cision shall be final. and no reference to
the Courts to be hereafter allowed. And
ali shares of stock when so purchased may
be re.issued at not less than par.
The capital stock Of this corporation
may be increased to the sum Of Fifty
Thousand Dollars. n,c, !, :,
! The corporate powers Of til corpora.
ton shall be vested in a Board of Direc>
tors to be composed OF three t3) directors,
two of them sh ali constitute a quorum for
the transaction of business, to be elected
by the stockholders ut general meeting
to be held on the first Monday in February
of each year. The Board OF Directors
ShoH q n m ko al hV.la
rules and regulations necessary for the
lcOnduct of the business affairs Of said cor>
Operation, and shall elect from their num-
keer 4 President, Vice.President and
kSecretary Treasurer.
n Until the election to be held as herein.
Above provided. the following shall con.
ktitute the first BOARD Of Directors:
Name. P0stofice Address
Gabriel b. PecOt, Cnarent0n, La.
Albert PecOt, Clarendon, La.
with Mrs. Emma P. Martel. President,
Gabriel b. Pecoi, Vice>President. and AL.
bert Pecot, Secretary Treasurer.
i ARTICLE vi.
So that this charter may also serve the
purpose OF and as q subscription list, the
undersigned organizers of this corporation
} have, respectively, subscribed for stock
therein for the number of shares and
, amounts respectively set opposite their
, signatures hereto, and the subscription to
, said capital stock Of Albert Pecot and
Gabriel Is. Pecot. consisting IN whole, OF
property transferred, Or to be transferred
10y them to this corporation, there is an
nexed to this act of Incorporation and to
be read in connection Herewith, an accu.
rate, detailed and itemzed description of
such property, as to amount, location, eX~
tent, character and state of improvements.
together with statement of Its value as
appraised by the directors.
Thus done and passed at Franklin. Par.
ish Of st. Mary, State OF Louisiana. on the
day and month first above Written, IN the
presence of Arthur Martel and Hilda Gu.
derian, two competent witnesses, who
have hereunto subscribed their names.
with the said appearers and me, Notary,
after due reading of the whole.
(SignedJ Mrs. Emma L. MarteI, share,
Albert Pecot. 20 shares.
| 9 Gabriel b. Pecot. % shares.
| Witnesses:
(Signed) ARTHUR MAaTEL,
: HILDA GUDHKIAN,
L. q. PECOT,
| Notary Public.
STATE OF LOUISIANA,
PARISH OF ST. MARY
l, the undersigned, Wiibur Kramer, Clerk
| CT the 25rd JUDICIAL District Court of Louisiana
in and for the Parish Of .. Mary, aud ex OH
clio Recorder of st. Marv's Parish, Louisiana.
do hereby certify that the above and foregoing
| Is true anu correct copy OF the Act of Incor.
poratiOn OF Amanda Planting & Manufacturing
Company, Incorporated and that the uriyi.
nal Act Of Incorporation of said Company was
this day duly nied in Book MOL Of Acts Of In
corporation at Folio 24a under entry No. so.
In evidence whereof, witness my official sg.
nature and the impress Of the seal of my office
ut Franklin, st. Mary Parish, State OF Louis.
lana, on this l2th day OF April, A. ~, 1918.
WILBUR II. KRAMER,
Clerk OF Court anu ex-Oticlo Recorder of Mort
cages IN and for st. Mary Parish.
CHARTER