The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-02-21
CH ART n
The Realty, Abstract d Sales
Company.
-0F-

COLupduy'
UNITED STAGES OF AMERICA,
STATE OF LOUISIANA,
PARISH OF ST. MARY.
Be 1t known. that on this the 18th day OF
the month of January. in the year OF our
Lord one thousand. min" hundred ana
United States of America the one hundred
Before me, William Prescott Foster
Notary Public, duly commissioned ana
qualified, within and for the Parish OF st.
Nary, State of Louisiana. and in the pres.
ence OF the witnesses hereinafter named
and undersigned, personally came and ap-
peared the several persons whose names
are ;hereunto subscribed, who severally
declared that. availing themselves OF the
benefits and provisions OF the laws and
Constitution of the State of Louisiana
relative to the organization of corpora.
tions, they have formed and organized. and
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'
iations and agreements following. to>wit:
ARTICLE I.
The name and title of this corporation
shall he THE REALTY, ABSTRACT Il
SALES COMPANY" aud under said
name, unless sooner dissolved according
to it's charter, it shall exist and continue
and shall have and enjoy corporate exis-
tence for Il period OF ninety-nine 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
corpnrea! or incOrporeaI, movable or i'm
movable: it may make, issue and endorse
bonds and notes ard other evidences of
debt, it m y accept mortgages, pledges or
other forms of security for money loaned
or 9th debts; it may contract, sue and be
sued, plead and be impleaded and m ike,
adopt and use a corporate seal; 1t may
name, elect, appoint and employ such
managers. directors, officers, agents and
other employees rs it's interests and con-
venience may require, and may make and
establish such bylaws, rules and regula-
tiOuS for the proper infringement and
control of its affairs as may DE necessary
ard proper. and generally shall pos sess all
the powers. rights. privileges and immu-
mites which corporations are and may
hereafter be authorized to possess under
the Constitution and laws of this State.
ARTICLE III.
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 pl ocess shall be served upon
the President of said corporations; or in
the event Of his absence, upon the Vice.
President.
ARTICLEIIl
The nature Of the business 10 be carried
on by this corporation and the objects and
purposes for which it is organized are
hereby declared to be. as follows: to do
general real estate business; to buy, sell,
rent, lease, sub-lease or sub-rent, mort.
gage or otherwise cucumber, improve. eX-
change, manage and operate, real proper.
ty, whether improved or unimproved; to
buy, sell, build, construct, alter. or im-
prove houses or other buildings or struc-
lures; to manage and develop re ii proper
ty generally; to enter into contracts for
the survey of land and to survey such
lands and make plats or maps of same; to
enter into contracts to abstract titles. and
to carry on a general abstract business;
to buy, sell. own, accumulate and hold
lumber, brick. stone, lime, piping. hard
ware and other kinds of materials used by
builders or necessary for the aforesaid
purposes; to buy, sell, own and cucumber
marsh lands and to reclaim same; to buy,
sell, own, rent. lease. sub-lease or sub.
rent farms and plantations and to operate
same, and, in connection with such busi-
carry on a general retail or wholesale
mercantile business; to loan money on
any kind OF property, real. personal or
mixed. and to take security for same; to
buy and sell, pledge or hypothecate stocks.
bonds, notes or other personal property,
chooses in action or other evidences of
debt; to purchase. manufacture, acquire,
hold, own, pledge. hypotheca1e, sell, con-
sign. II snsfer or invest, trade or deal in
goods, wares and merchandise Of every
kind and description; to carry on aud
conduct any business which may be per.
mitted by law. and particularly to acquire.
own. operate and conduct any or all bust.
ness that may be necessary Or advisable
for the purpose of making its investment
more profitable or disp0sable; to transact
general real estate agencv, including the
buying. selling and dealing in real proper
ty, or the collection of rents, or the man
agement of estates for others; and gener.
ally to transact all or any other business
which may be necessary or incidental or
proper to the exercise of any or all of the
aforesaid purposes Of this corporation.
ARTICLE w.
The authorized capital stock of this
corporation is hereby declared to be the
sum of Ten Thousand Dollars [$1O, OUO.OO)
to be divided into and represented bv one
hundred shares Of the par value Of One
huuuA Gu boAAdIS \TAOV.OoJ cdCu. ana UillS
corporation shall commence doing business
when Three Thousand Dollars l$3,OOO. OO)
Of its stock shall have been subscribed
for. Said capital stock shall be full paid
and non. assessabie when issued and shall
only be valid If countersigned by the
transfer agent appointed by the Board of
Directors and shall be issued only for cash
or in paymen: for property, movable or
immoyable, actually purchased by, con-
veyed to and received by said corporation
or for labor done or services rendered. No
transfer Of said capital stock shall be
binding upon the corporation unless re-
corded on the books thereof and made in
accordance with its charter and by.laws.
ARTICLE v.
The business of this corporation shall be
managed and all the corporate powers
thereof shall be vested in and exercised