The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1909-11-27
CHARTER
M. & E. Wolf Realty s Investment
Company.
United States of America
State of Louisiana
Parish of West Feliciana.

Be il known that on this the 18th day Of the
month of November, in the year Of our Lord
One Thousand Nine Hundred and Nine. and
of the independence of the United States of
America the One Hundred and Thirty.Thrd,
before me, Z. 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 availing themselves Of the laws OF
the State OF Louisiana. in such cases made
and provided, they have coyenanted and
agreed, and do by these presents covenant and
agree and bind themselves as well as all such
other persons as may become associated with
them, to constitute and form a corporation
and body polite in law and for the purposes
and objects and under the articles and stipula-
tons following. to-wit;
ARTICLE /.
The name and title Of this Corporation shall
be M & E. Wolf Realty and Investment
Company" and by that corporate name shall
have the power and authority to enjoy and
have succession for period OF ninety'nine
years. to contract, sue and be sued in its cor
pOrate name; to make and use corporate
seal; to have, hold, receive, purchase. lease,
sell. convey. mortgage. hypOthecate. and
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 and
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
dwellings and other Improvements thereon,
and to lease, hypOthecate and sell the same;
to carry on a mercantile business to buy and
sell. 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
as the interest of the Company may require;
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
The domcle of this corporation shall be in
the Town Of st. Francisyie. 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 which 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 real
estate improved, and unimproved, and all
manner Of lands in the State of Louisiana and
elsewhere; to carry on q mercantile business;
TO buy and sell. to export and import cotton
and other agricultural products and any kinds
of goods or merchandise; to gin cotton; buy
and sell live stock: and to do all things for
which authority Is given it by law and these
articles OfincOrpOratOn; and this Corporation
is empowered to do and perform any other
acts and business incidental and germane to
the objects and purposes herein expressed,
either iOr its own account, or as factor or
agent for others.
ARTICLE
The capital stock of this Corporation is
hereby fixed at the sum OF twenty-five
Thousand Dollars (S25.OOOOO) divided into and
represented by Two Hundred and Fifty
shares Of One Hundred Dollars $4,000 each.
which capital stock may be increased in the
manner provided by law.
At any time after meeting shall have been
called for the purpose Of increasing the CAPT.
tai stock of the Company, the share holders
shall have the privilege of taking additional
shares in the proportion which the shares held
by them bear to the total capital stock OF the
Company prior to such increase, and any
shares not taken by shareholders within ten
days after the capital stock shall have been
increased, at meeting so specially called for
that purpose, may be disposed of by the Board
OF Directors for the benefit OF the CORPORATION
at not less than par value. All stock, both
that originally issued and any to be hereafter
issued in the event that the capital stock of
THIS Corporation may be increased shall be
paid for in cash. or its equivalent, or in labor
done, or in property actually received. and
any part or parcel of said stock may be issued
by the Board Of Directors at not less than par
value for labor performed or property actually
received by said Company.
Any shareholder wishing to sell his shares of
stock in this Corporation shall give the remain
ing shareholders in the Corporation, in pro-
portion to their respective holdings. the privi-
lege OF purchasing the shares, at such price as
snail be bona tide offered therefor by any out
slider, which offer shall be in writing and shall
be accepted or rejected within three days by
the other shareholders.
inns Charter shall 20 into effect and this
Corporation be going concern as soon as
twenty-five Thousand Dollars OF stock shall
have been subscribed and paid for. No stock.
holder Shall ever be held liable or responsible
Tor the contracts, faults or debts Of this Cor.
poration nor shall any mere informality in its
organization have the effect of rendering this
Charter null or Of exposing any share holder to
any liability beyond the unpaid balance due on
the stock owned by him.