The true Democrat., 1910-01-01
CHARTER
NJ. & E. Wolf Realty & Investment
Company.
United States of America
State of Louisiana
ParL'h of West Feliciana.


month of November, in the year of our Lor
Ohe Thousand Nine Hundred and Nine. am
OF the independence of the United States u
America the One Hundred and Thirty-Thirl
before me, +. S. Muse Notary Public dul
commissioned and qualified in and for tn,
Parish and State aforesaid, therein residing
! ana IN the presence of the witnesses herein
| a1ter named and undersigned. personally cam,
ana appeared the several persons whose name
are hereuntO subscribed, who Seyerally de
clare That ayailing themselves of the laws o
the State of Louisiana, in such cases made
ana provided, they have cOvenanted ant
agreed. ana do by these presents covenant ant
| agree and bind themselves as well as ali sucl
other persons as may become associated Will
them' to constitute and form a corporation
and body polite in law and for the purpose,
and objects and under the articles and stipula
tions following, tO,wit:
ARTICLE /.
The name and title Of this Corporation shall
be NJ. & f, Wolf Realty and Investment
Company, and by that corporate name shall
have the power and authority to enjoy and
have succession for a 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 III the State OF Louisiana, or elsewher
10 acquire, hold, lease. and purchase farms
ana lands of any descriptions to develop and
improve as well as to sell, transfer, convey,
hyp0thecate, mortgage and pledge the same
either in bulk or by plot or other subdivisions:
10 pot lay out and Subdiyide, any and all
lands acquired by said Company; to erect
dwellings and other improvements thereon,
ana to lease hyp0thecate 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
I'VE stock to have and employ such managers,
directors, officials, agents and other employees
as the interest of the Company may require:
70 mak6 Gnd establish such rules and bylaws.
and regulations for the management ana con
troll OF the affairs of said Corporation as may
be HeccSsary; TO have and possess all the
powers granted By the laws OF this State, to
do all things neceSsary and proper 10 develop
improve and market the lands and other
iqoFefties oi ttiseorpolaadh and the asder
things and businesses provided for herein. and
to carry out the objects and purposes for
which this Company is formed.
ARTICLE
The dOmicile of this corporation shall be in
the Town of ST. Francisville ana all citations
and other legal process Shal 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
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 unimprOyed, and all
manner of lands in the State OF Louisiana and
a
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 OfincOrpOration; 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 1.
The capital stock of this CORPORATION is
hereby fixed at the sum of Twenty-Five
Thousand Dollars (S25,0000W 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.
AL any time after meeting shall have been
called for the purpose of increasing the capi-
tai stock of the Company, the shareholders
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
lays after the capital stock shall have been
increased, at meeting so specially called for
that purpose, may be disposed OF by the Board
)t Directors for the benefit of the CORPORATION
1T not less than par value. All stock both
hat originally issued and any to be hereafter
sSued in the event that the capital stock Of
ms Corporation may be increased. shall be
paid for in cash, or its equivalent, or in labor
lone or in prOpprty actually received. and
my 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 share holder wishing to sell his shares of
stock in this Corporation shall give the remain.
ny shareholders in the Corporation, in pro-
portion to their respective holdings, the priv.
eye OF purchasing the shares. at such price as
shall be bona iide offered therefor by any out.
lder which offer shall be in writing. and Shall |
De accepted or rejected within three days by |
he other shareholders.
This Charter shall 20 into effect and this |
corporation be going concern as soon as |
twenty-five Thousand Dollars Of stock shall
AVE been subscribed and paid for. No stock
lolder Shall ever be held liable or responsible |
or the contracts, faults or debts of this Cor
'oration, nor shall any mere informality in its
have the effect of rendering this
'harter null or Of exposing any share. holder to
ny liability beyond the unpaid balance due on
he stock owned by him.
ARTICLE ).
The corporate powers of this corporation
haH be vested in and exercised By a Board of |
lirprtors oh of ,rho,,, .hou ,,, n, lac, |