The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-02-14
e HI A II II E RI
The Realty, Abstract d Sales
Company.
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UNITED STAGES OF AMERICA,
STATE OF LOUISIANA,


PARISH OF ST. MARY.
Be it known. that OIL this the 18th day o
the month of January. in the year OF on
Lord one thousand. nine hundred an,
fourteen, and of the Independence of tn
United States of America the one hundred
and thirty eighth:
Before me, William Prescott Foster,
Notary Public, duly commissioned ant
qualified, within and for The Parish of st
Mary, State of Louisiana. and in the pres
ence of the witnesses hereinafter nance
and undersigned, personally came and APP
peared the several persons whose name!
are hereuntO subscribed, who severalll
declared that. availing themselves of thu
benefits and provisions OF the laws anC
Constitution of the State of Louisiana
relative to the organization of corpora.
tions, they have formed and organized, ano
do, by these presents, form and organize
themselves, as well as all such other per.
sons who may hereafter join Or become
associated with them. or their successors
into a corporation for the objects and
purposes and under the covenants, stipu.
lations and agreements following. to.wit:
ARTICLE /.
The name and title of this corporation
shall 10 THE REALTY. ABSTRACT &
SALES COMPANY" and uLder said
name. unless sooner dissolved according
to it's charter, it shall exist and continue
and shall have and enjoy corporate exits,
tence for period of ninety mine years
from and after the date of this act. 1t
may have, hold, receive, borrow, loan,
exchange. acquire. purchase, sell, ALLEVIATE,
convey, lease, pledge, pawn, hypothecate,
cucumber or mortgage property of any
kind. whether real. personal or mixed,
cOrpOrea. or incOrporeal, miyahle or i'm
movable: II may maze, Issue and endorse
bonds and lOte' ""u other evidences Of
debt, It may accept mortgages, pledges Or
other forms Of security for money loaned
sued, plead and be implicated, and make,
adopt and use corporate seal; it may
name. elect, appoint aud employ such
managers. directors, officers, agents and
other employees as its interests aud con-
venience may require, and may make and
establish such by laws, rul and regula-
tons for The proper nag 3ment and
control of its affairs as may be necessary
and proper, and generally shall pos sess all
the powers. rights. privileges and 'immu-
mites which corporations are and may
hereafter be auth orized TO possess under
the Constitution aud laws of this State.
ARTICLE IL.
The domIcile of this corporation shall be
at the town of Franklin. Parish of st.
Mary, State Of Louisiana, and all citations
or other legal pi ocess shall be served upon
the event OF his absence, upon the Vice.
President
ARTICLE Ill.
The nature Of the business TO be carried
on by this corporation ana the objects and
purposes for which it is organized are |
hereby declared to 5s. as follows: to do a |
general real estate business; TO buy, sell, |
rent, lease, suitcase or sDb-rent. mort |
gage or Otherwise cucumber. improve, eX.
change, manage and operate. real proper |
~, whether improved Or unimproved; to |
buy, Sel!. build, construct. alter. or im>
prove houses or other buildings or struc-
lures; to manage and develop re Il proper
y generally: to enter into contracts for
he survey of land and to surrey such
enter unto contracts to abstract titles, and
% carry on genera! abstract business;
20 BUY, sell. own, accumulate aud hold
lumber, brick. stone, lime, piping, bard.
ware and other kinds of mate ials used by
builders or necessary for the AFORESAID
purposes; to buy, sell, own and cucumber
marsh lands and to reclaim same: to buy,
ell, own, rent, lease. sub>lease or sub.
'ent farms and plantations and 10 operate
anne. and, in connection with such BUSH,
Tess, to own and operate commissaries and
AIRY on a general retail or WHOLESALER
mercantile business; TO Joan r,onsy on
my kind OF property, real, personal or
aixed, and to take security for same; to I
'uy and sell, pledge or hypothecate stocks.
'onds, note, or other personal property
hoses in action or other evidences Of
ebt; to purchase. manufacture, acquire,
old. own, pledge. hypot5eraye, sell. con.
Ign, hanster or invest, trade or deal in
GODS, wares aud merchandise of every
lnd anu description: 10 carry on aud
Onduct any business which nav be per.
lifted by law. aud particularly 10 acu uire,
wn. operate aud cnnduct any or all BUSH
ess that may be necessary Or advisable
Or the purpose OF making its Investment
lore profitable or disposabe: to transact
general real estate agency, including the l
uylng, selling and dealing in real proper.
7, or the collection OF rents, or the man ,
cement OF estates for others; and gener.
lily to transact all or any other business .
hlch may be necessary OF Incidental or
roper to the exercise OF any or all of the ,
loresaid purposes OF hi. corporation. /,
ARTICLE ". |
The authorized capital stock Of tb;s
,rporatlon is hereby declared % be the +:
I'M OF Ten Thousand Dollars 1910 N0.NO.
} be divided into aud represented by me
undred shares CT the par value ot.ODei
undred Dollars ($I00.00} sach, and Hi.
,rporation shall commence doips l;;sinass
hen Three Thousand Dollars Is. olO. 905
its stock shall have been subscribed !
+: Said capital stock shall. be fall paid
ia non -assessable when issued and shah
lily be valid If countersigned by tns
ansfer agent appointed by the Board Of
lrectors and shall be issued only for cash
in paymen: for property, movable or
lmoy able. actually purchased by, con; =
'yed TO and received ty said corporation i
for labor done Or services rendered. No e
ansfer OF said Capital lock shaIi he {
ndfng upon the corporation unless ra. o
rded on the books thereof and made in Il
cordance with its charter ard bylaws. q
ARTICLE Y.
The business of this corporation Snail he d
anagea and all the corporate powers
ereof shall be vested in and exercised d
a board OF i've directors. Tie directors
lders and q majority of the Board nres.
IN person shall at all times constituted
Quorum thereof.
The first Board of Directors of this COR