The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1909-12-04
CHARTER
M. & E. Wolf Realty s. Investment
Company.
United States Of America
State of Louisiana
Parish of West FeliCiana.

month OF November Ill lHe year VI Jul Lulu
One Thousand Nine Hundred and Nine, and
of the independence OF the United States OF
America the One Hundred and Thirty.Thlrd.
before me, +. s. Muse a Notary Public duly
commissioned and qualified, in and for the
Parish and State aforesaid, therein residing,
and in the presence OF the witnesses herein
after named and undersigned personally came
and appeared the several persons whose names
are hereunto subscribed who Severally de'
clare that awaiting themselves OF the laws OF
the State of Louisiana. in such cases made
and provided, they have cOvenanted and
agreed and do by these presents covenant ana
agree and bind themselves as well as all such
other persons as may become associated Win
them, to constitute and form corporation
and body polite in law and for the purposes
and objects and under the articles and Sllpula- |
tons following, tO-wit:
ARTICLE |.
The name and title of this Corporation shall
bo M, & T.. Wolf Realty and Investment
Company" and by that corporate name NhaH
have the power and authority to ENJOY ana
have succession for period of nlnetynlhe
years; to contract, sue and be sued in It's cor
porate name; to make and use corporate
seal; to have, hold, receive, purchase, lease
sell, convey, mortgage, hypothecate' ana
pledge property both real and personal the
whole in the State OF Louisiana or elsewhere;
to acquire, hold, lease, and purchase farms
and lands of any description; to develop ana
improve as well as to sell, transfer convey
hypOthecate mortgage and pledge the same
either in bulk or by plot or other Subdivisions;
to plot, lay out and Subdivide, any and all
lands acquired by said Company; to erect
dwellings and other Improvements thereon
and to lease hypOthecate and sell the same
to carry on mercantile business, TO buy ana
seh to export and import cotton and other
agricultural products and any kinds OF goods
and merchandise; to gin cotton; buy and sell
live stock, to have and employ such managers
directors, officials, agents and other employees
rs the interest of the Company may requlre
to make and establish such rules and bylaws
and regulations for the management and con-
troll of the affairs of said Corporation as may
be necessary; to have and possess all the
powers granted by the laws of this State, to
do all things necessary and proper to develop,
improve and market the lands and other
properties of this corporation and the other
things and businesses provided for herein, and
to carry out the objects and purposes for
which this Company is formed.
ARTICLE
ur,o I,,,,ici,a ~ thiS cnrnoro tIon shall he i'm
the Town of St. FranciSville. and all citations
and other legal process shall be served on the
President, or in his absence on the Vice
, President. or in the absence of both on the
Secretary or Treasurer.
ARTICLE 3.
The objects and purposes for witch this
Corporation is formed and the nature of the
business to be carried on by it, are hereby
/ declared to be to deal in acquire. purchase
] hold, lease, sell, mortgage and improve rea
estate, improved and unimproved. and al
manner of lands in the State of Louisiana anC
elsewhere: to carry on a mercantile business
to buy and sell. to export and import cOttoI
and other agricultural products and any kind
of goods or merchandise; to gin cotton; bu!
and sell live stock: and to do all things 70
which authority is given it by law and theS,
articles of interpretations and this Corporation
t is empowered to do and perform any Othe
: acts and business incidental and gemane Il
the objects and purposes herein expressed
{ either ior its own account, or as factor o
I agent for others
ARTICLE 4,
, The capital stock of this Corporation
hereby fixed at the sum of twenty-five
y, Thousand Dollars &25.OOOOO) divided into an
Il represented by Two Hundred and FIT
E shares of One Hundred Dollars $4,000 each
, which capital stock may be increased in tn
manner provided by law
\ At any time after meeting shall have bee
called for the purpose OF increasing the cap
> tai stock of the Company, the shareholder
4, shall have the privilege of taking additions
shares in the proportion which the shares hel
= by them bear to the total capital stock OF tn
@ Company prior to such increase, and an
shares not taken by shareholders within te
u days after the capital stock shall have bee
= increased at a meeting so specially called fC
that purpose may be disposed of by the Boar
/ of Directors for the benefit Of the Corporate
= at not less than par. value. All stock, bot
that originally issued and any to be hereafte
issued, in the event that the capital stock {
IF this Corporation may be increased, shall b
paid for in cash, or its equivalent, or in labC
~ done, or in property actually received an
|. any part or parcel of said stock may be issue
by the Board of Directors at not less than pa
10 value for labor performed or property actual
De received by said Company.
i Any shareholder wishing to sell his shares
~ stock in this Corporation shall give the remai
IN ing shareholders in the Corporation in pr
II portion to their respective holdings. the priv
"a lege of purchasing the shares at such price
e shall be bona fde offered therefor By any gu
-. slider, which offer shall be in writing, and shG
u be accepted or rejected within three days |
il. the other shareholders.
=, This Charter shall 90 into effect and tn
III Corporation be a going concern as soon
K Twenty-Five Thousand Dollars of stock shl
n have been subscribed and paid for. No stoc
VII holder shall ever be held liable or reSpOnSib
I, for the contracts. faults or debts of this CO
poration nor shall any mere informality in
o. organization have the effect of rendering II
d. Charter null or Of exposing any share holder
-. any liability beyond the unpaid balance due
J hestOck owned by him.
Sc ARTICLE s.
- The corporate powers of this corporate,
ld Iubnn ha il 4