The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1909-12-18
CHARTER
M. 6 E. Wolf Realty & Investment
Company.
United States of America
State of Louisiana
Parish OF West Feliciana.


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, f. S. Muse, 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 Severaly de.
clare that awaiting 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. 10 constitute and form a corporation
and body poltic in law and for the purposes
and objects and under the articles and Stipula.
tiOns following tOyt:
Artistic /.
The name and ute of this Corporation shall
be M. & L. 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 a 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 else where;
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 subdiyide, 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 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
"a hich this Comma ny iS formed
ARTICLE2
The dOmicile OF this corporation shall be in
the Town of st. FTanciSve. 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 rea
estate, improved, and unimproved and al
manner of lands in the State Of Louisiana and
elsewhere; to carry on a mercantile business
| to buy and SELL to export and import cottOr
and other agricultural products and any kinds
of goods or merchandise; to gin cotton; buy
and sell live stock: and to do all things fol-
which authority is given it by law and these
articles ofincorporatiOn; and this Corporation
is empowered to do and perform any Othel
acts and business incidental and germane II
the objects and purposes herein expressed
either Tor its own account or as factor OF
agent for others.
ARTICLE 4.
The capital stock of this Corporation /:
hereby fixed ut the sum of Twenty-Five
Thousand Dollars ($25.OOO,OO) divided into ant
shares Of One Hundred Dollars $4,000 each
which capital stock may be increased in the
manner provided by law.
AT any time after a meeting shall have beer
called for the purpose OF increasing the CAPT
tai stock of the Company, the holders
shall have the privilege of taking additions
shares in the proportion which the shares helC
by them bear to the total capital stock of the
Company prior to such increase, and an!
shares not taken by shareholders within tel
days after the capital stock shall have beef
increased, at a meeting so specially called TO
that purpose, may be disposed of by the BOarC
of Directors for the benefit of the Corporation
at not less than par value. All stock, boil
that originally issued and any to be hereafte
issued, in the event that the capital stock o
this Corporation may be increased, shall b.
paid for in cash, or its equivalent, or in labO
done, or in property actually received. ant
any part or parcel OF said stock may be iSSuet
by the Board of Directors at not less than pa
value for labor performed or property actual
received by said Company.
Any shareholder wishing to sell his shares o
stock in this Corporation shall give the remain
ing shareholders in the Corporation, in pre-
portion to their respective holdings, the priv
lege of purchasing the shares, at such price a
shall be bona tide offered therefor by any out
slider which offer shall be in writing and sha
be accepted or rejected within three days b
the other shareholders.
This Charter shall go into effect and thi
Corporation be going concern as soon q
Twenty-Five Thousand Dollars Of stock sha
have been subscribed and paid for. No stool
holder shall ever be held liable or responsible
for the contracts. faults or debts of this Co
pOration, nor shall any mere infOrmalty in /,
organization have the effect of rendering tn
Charter null or OF exposing any shareholder
any liability beyond the unpaid balance due @
livestock owned by him.
ARTICLE 5.
The corporate powers OF this corporate
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