Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1910-04-22
ACT o. sMcoRp 3RATloN
-OF THE-
TG1SAS REALTY COMPANY.
STATE OF LOUISIANA.

BE IT KNOWN that on this the 18th day
April A. p. 1910. before me, e. F. Newell, d.
! Clerk OF the Tenth District Court OF Louf,
lana, and ex-ofaciO a Notary Public. in an
for said Parish and State, duly commissions
| and qualified, and In the presence of til
competent witnesses hereinafter named an
undersigned, personally came and appeare
the several persons whose names are here
l unto subscribed, and who severally declare
to me, Notary, that, availing themselves Q
the CONSTITUTION and the laws Of the State Q
louisiana, In such cases made and provided
they contract and agree, and by these pres
ents bind themselves, as well as such Othe
persons as may hereafter become associates
with them, to form and constitute a corpora
ton and body polite in law, aud for the OBJ
yects and purposes and under the agreement
and stipulations following, to-wit:
ARTICLE I-NAME.
The name and style of this corporation shal
be: .TENsAs REALTY COMPANY" ant
by said name said corporation shall be known
and shall have succession and corporate ex
istence for and during the full period ant
term OF Ninety mine Years from the date o.
sue, and be sued.
Said corporation shall have power to make
and use corporate seal. and the same e
break and alter at pleasure.
ARTICLE II-DOMICILE.
The domicile Of this corporation Is declared
OF Tensas, State OF Louisiana.
II ARTICLE III-pURPOsEs.
The objects and purposes for which this
| corporation Is organized and established.
and the nature Of the business to be carried
on by 1t. are hereby declared to be.
To engage In, conduct and carry ON a Real
Estate Business, and to that end, and for that
purpose to obtain, possess, receive, and ac-
lease. orexchanes, movable and immovsSle
repair and improve property Of said nature.
ALLEVIATE. convey. lease, rent, morteaSe..
pledge and hypothecate,
To take. receive, and grant options on
sue such property for the purchase. sale. or ex-
To act as agents and attorneys-i n.faot for
any and all Of said purposes.
And for the furtherance Of said objects and
same by mortgage or pledge. and to issue
corporate honda and prOmissory notes In ev.
idence Of said Indebtedness.
!: &c. sSs Hs,osn ~ Sh s
s s5ssns 70 the RSomSs,oa condact and per
which this corporation 10 formed, =
ARTICLE Iv-CAPITAI, STOCK,
The amount Of the capital stock Of this cor.
Thousand Dollar. Divided into and repre-.
sented ~ One Hundred Shares Of the par
value of One Hundred Dollars each. Said
sSe q re Ss s% .sss e:
ct not lesa than par value, for labor done,
services rendereds or property Actually 70.
TSs eS.sssr sSaR Ssoo%. operative and
this corporation be authorised TO do bsslness
as 3oon o. Three Thousand Dollars Of its cap
ittaHt1ck sas been sub;crihea and fully paid
issued at such time, snd upon suoh oundi.
lions tsubtect to the provisions Of tAis char.
teri Ter as shall be determined by the Board Of
3 ARTIcLE y-oFFIoERs.
an. a
sist Of PFesldsnt. Vice president. secre-
tary and Treasurer and Board OF Directors,
Inc duties; powers: anu authority Of the
Preside Prssidsns. vice,preside Secretary and
be fixed by the Board OF Directars.
The ofhces Of Secretary and Of Treasurer
may MAJ be ailed By one and the same person;
urer may be Alled BY one and the same per
The Board Of DIRECTORS shall be composed
ed annually on the first Monday In May in
each year. except the first Board, appointed
and named In this charter, which shall Mold
once until the arst Monday in May lsal.
at the once Of said corporation under the
supervision OF two cQMmtAsioners. to be ap-
pointed BY the Reasd OF Directors. Notice Of
for not lesa than ten days prior thereto in .
newspaper published In the Town of Sc. TO-
seph In the said Parish and State. At all such
c'oSuvus. en0 ~ al corpOrate meetings
alton shall be necessary to constitute q QUO
rums ana every stock holder shall be entitled
10 one vote for each share of stock standing
In MS name on the books OF the corporation,
10 be cast In person, or by written proxy. no
vote shall be allowed ON shares of stock trans
ferred within ten days prior to such election.
A majority Of votes cast shall elect.
Failure 70 mold such elections. or to elect
sucn omcers on the date herein prescribed
shall not dissolve this corporation or impair
Us corporate management, but the Directors
impaired until their successors are duly elect
ed and quaH0ed.
The Directors hereof shall elect from their
membere President and q Vice-president,
and shall elect or appoint u Secretary and .
a Treas who need not be members OF the
said Board shall have authority to appoint
whn nee6 Dos ~ M; Inb bIS M
said hoard Of Directors NAV furthar
point all such officers and agent. az IL nav
deem necessary for the PURPOSES and bnsf. |
ness of this corporation; and shall have now.
or and authority to fix and define the duties.
powers, and salaries of all such srents AMI
employees and to remove az discRs roe the
Said Board Of Directors shall an ALI vacan.
cies occurring among It's members by dealt, |
said s Board ID Of Director. ia .u,bor,,.s 10
make and esiahiish. alter and amend al BY
laws, rules, and Regulations. in its fndSment
Of the affairs of this corporstion.
Said Board Of Directors shalI have fuIl now
er and authority, directly or throu gh ia proD-
erly constituted agenas, TO borrow money, 10
buy and sell properly, to execute mortga ees
and I Liens, !. % e.snt and accept eptions and