The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1919-03-01
CHARTER
~0F-~
THE /. {. Taylor COMPANY,
INCORPORATED.
UNITED STATES OF AMERICA. J
:TATE OF OUISIANA. !
HARlGH lE 81 MARY

UNITED STATES OF AHERICA.l
:TATE OF LOUISIANA
PARISH OF 81. MARY.
Be II know that. on this 18th day Of
the month Of February. in the year Of Out
Lord Nineteen Hundred and Nineteen
before me, Ret e II. Htnel. a Notary Pub
lie, In md for the Parish and State afore-
eaid. therein residing. and in the presence
Of the witnesses hereinafter nHmed and
urdersigDed. ~ rsonally came and appear
ed the persons Whose names are hereunfo
enb,crfhed. all If The full age OF mr1"rit!
end residents Of the Parish of It Mar,
ele,sd tht nvniiirg themselves OF the
pr0si,icns of the Act OF the gislature Ct
the State ~ ] ouisiann. being known a.
Act No. go Of the Session Acts OF 1919
they do. hy these presents. covenant and
sgr.e and biz d then selves. rs well as such
other persons NJ may hecone herr after as.
sociated with them. In Older to form and
cor ,titute corr Grafton and body polite
In law for the objects ard Furrosts. and
unGtr the stipulations following. to-wit:
ART'CLEI
The name End title of this corporation
shall be THE +. &. TAYLOR COM
PAHY. INCORPORATED" and it shall
have and eijOy succession and existence
for period OF ninety mine t99) pears from
OAt0 neIeO1. ~ kOaiI ndsos e"Joy anu
possess all the powers. rights. privileges
and immunities accorded to corporations
under the law.
ARTICLE II.
The domicile Of this corporation shall
be In tho 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.P resi-
In RI ha ahapnCtA
vice.president, upon the Secretary Treas
urer thereof.
ARTICLE III.
The objects and purposes for which this
corporAtion is organized and the nature OF
the business 10 be carried on 10y it are
hereby declared to be:
!. To build. construct. fit, equip, fur
nish. own. uichase. charter. use, operate
and navigate tnats. harges and vessels. 81
al classes and descriptions. propelled by
sail. steam. electricity or other power.
and to Use and opcraie the same in lawful
business. trade. commerce or navigation
upon tho ocean. or upon any seas. gulf,
harbOrs. bays. lakJs, rivers. canals. or
other water ways, and to furnish facilities
for towing. lightcrage and transportation
upon such water.
10 furnish and supply facilities for
and to engage in the business Of carriage.
transportation. storage and lading OF
freight. gooda, wares and merchandise.
mails, property or passengers upon such
waters or waterways.
3. To construct buildings. bridges, ma.
chinery, ships. DO ats. engines. cars aud
other equipment, railroads, docks, slips.
elevators, water. works. machine shops.
electrical works, viaducts, aqueducts,
canals and other means of transportation.
aud to sell the same or Oiherwi sc dispose
thereof or to maintain and operate tie
came.
4. To construct, lease, own or sell
transportation line or lines by land or
water. in any state or country. subject tn
the laws of such stare or country, either
directly or through ownership Of stock OF
any corporation. and permit, construct.
provide. acquire, carry out, maintain I'M.
prove, manage. develop, contract. take
on lease or sgreement, sell, lease, let. II.
cense to work and dispose Of the same.
5. TO engage in, permit. conduct and
carry on the business Of ship chambers In
al It's branches. aud to furnish and sup
ply any and all articles necessary. useful
or desirable In the navigation 1t ships.
steamboats and other vessels. and provide
supplies thereof.
ARTICLE Nv.
The capital stock OF this corporation
shall be One Hundred Thousand 5000
W1 Dollars, divided INTO One Thousand
t1,CUOb shares Of the par value of One
Hundred ($lOO.0n) Dollars each. No
transfer of stock shall be binding upon
this corporation unless same appears upon
the books thereof.
Any stockholder shall b I'VE the right to
essign or transfer any share or shares held
By him, provided ten days prior notice of
such intention to sell, assign or transfer
the same l. given to the company and the
other stockholders, who shalt have the
first privilege Of purchasing same: after
:. - I.kn l.
b sold In open market.
The capital stock Of this corporation
nay be increased to the sum Of Two Hun
dred Thousand 800 100000 Dollars.
The Board of Directors shall have the
right to determine how and when treas
ury stock shall he issued; provided. that
said treasury stock shall be issued for
cash or other valuable consideration and
never less than ut par.
AR. ICLE v.
The corporate powers OF this corpora.
tiou shall be vested in Board Of Direc
tors to be composed of Three 30 l,irec-
tors. three OF whom shall constitute q
quorum for the transaction OF business, to
BE elected by the stockholders at gene
raj meeting to be held ON the hrst Monday
OF March In each year Notice OF such
election shall he given and delivered per-
sonaliy or by drpositing In the pnstoflice.
properly A0uIessei 70 tacu stOc~Dc'uer a.
least fifteen Is uays before such meeting
The Board OF Directors shall have the
power to make 81 by laws. rules and reg
ulatiOns necessary for the conduct Of the
business aud affai Of said cOrpor alton.
aud shalt elect from their number Presi
si.ut. . Vice. RI si':fnt and \ Seen ctary.
Treasurer.
Uniil the election 10 be held as herein
above provided. the following shall con-
sfituf0 the FIRST Board Of Directors, Wig:
Name Po>tofficc ADDRESS
Euxepe T.. Taylor, Franklin. L0uisiana
Wares Lyman Taylor Franklin, Louisiana
0eOree ID. kslfrey, FrsnkIiu. Louisiana
with Eugene q. Ia. lor, President; Warren
Lyman Tayior, viee-p President; and George