The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-02-28
CHA II II e r.
The Realty, Abstract & Sales
Company.
---OF-

Company.
UNITED STAGES OF AMERICA,
STATE OF LOUISIANA,
PARISH OF ST. MARY.
Be it known. that on this the 10Th day OF
the month of January. in the year OF our
lord one thousand. nin9 hundred and
fourteen, and Of the Independence OF the
United States of America the one hundred
and thirty eighth:
Notary Public, duly commissioned ana
qualified, within and for the Parish OF st.
Mary. State of Louisiana. and IN the pres,
euce of the witnesses hereinafter named
and undersigned, personally came ana ap-
peared the several persons whose names
are bereunto subscribed, who seVeraily
declared that, availing themselves OF 'ns
benefits and provisions OF the laws ana
Constitution of the State OF Louisiana
relative to the organization of corpora.
j tions. thew have formed and organized. and
do. bv these presents, form and organize,
themselves, as we'll as all such other per-
sons who NAV hereafter Join or become
associated with them. or their successors.
into a corporation for the objects ana
purposes and under the covenants, stlpu-
| latiOns and agreements following. to~wlt:
ARTICLE I.
The name and title of this corporation
shall be THE REALTY. ABSTRACT &
SALES COMPANY" and 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 a 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,
corporal or incorporeal, movable or I'M
movable: it may make, issue ana endorse
bonds and notes ard other evidences OF
debt, it may accept mortgages, pledges or
other forms of security for money loaned
or 9th debts: it may contract, sue aud be
sued, plead and be impleaded, and make,
adopt and use corporate seal; II may
name, elect, appoint and employ suc9
managers. directors, officers, agents and
other employees as it's interests and con:
yenience may require. and may make and
establish such bylaws, rules and regula-
tions for the proper management and
control of its affairs as may be necessary
ard proper. and generally shall pos sess all
the powers. rights. privileges and 1mmu.
mites which corporations are and may
hereafter be authorized to possess under
the Constitution and laws of this State.
! ARTICLE II.
I The dOmicile of this corporation shall be
at the town of Franklin. Parish OF st.
Mary, State of Louisiana, and all citations
the President of said corporations; or in
the event of his absence. upon the Vice.
President.
ARTICLE Ill.
The nature of the business TO 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 a
l fol 70 h11einoa9s
rent, lease, suitcase or sub-rent, mort
gage or otherwise cucumber, improve. ex'
change, manage and operate, real proper
lty. whether improved or unimproved; to
buy, sell, build, construct, alter. or i'm
prove houses or other buildings or struc-
ty generally; to enter into contracts for
the survey of land and to survey such
lands and make plats or maps of same; ia
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
2 rent farms and plantations and to- operate
same, and. in connection with such bust.
2 ness, to own and operate commissaries and
mercantile business; to loan money on
any kind of property, real, personal OF
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, hypothecate, sell, con
sign. transfer or invest, trade or deal II
4 goods, wares and merchandise Of every
kind and description; to carry on anC
:. conduct any business which may be per
! mitted by law. and particularly to acquire
e own, operate and conduct any or all bust
, ness that may be necessary or advisable
r for the purpose of making its investmen
more profitable or disposable; to transac
!, a general real estate agency, including tn
buying. selling and dealing in real proper
: ty, or the collection of rents. or the man
e agement of estates for others; and gener
q ally to transact all or any other bushes
+ proper to the exercise of any or all Of tn
aforesaid purposes OF this corporation.
n ARTICLE w.
n The authorized capital stock of thi
y corporation is hereby declared to be tn
!, sum of Zen Thousand Dollars $50 ,OuO.OO)
: to De divided tnto anu represented bv on
hundred shares Of the par value Of On
e Hundred Dollars t$lOO.oO) each. and tni
g corporation shall com hence dong bushes
n when Three Thousand Dollars lS3.U0U OC
Of its stock shall have been subscr. be
for. Said capital stock shall be full pal
and non assessabie when issued and sha
only be valid If countersigned by tn
transfer agent appointed by the Board {
- Directors ami shall be issued only for cas-
or In payment for property, movable G
immoyable, actually purchased by, cor
!, veyed to and received by said corporate
or for labor done or services rendered. N
transfer Of said capital stock shall b
binding upon the cOrpOration unless rf