St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-05-08
CHARTER
of "a
STANGA REALTY CO., INC.
United States of America, State Of
Louisiana, Parish of
ST. Tammany.

Be It. known that on this Gath day
of March, A. D., 1920, before me,
Thos. NJ. Burns. Notary Public duly
commissioned and sworn in and for
the Parish of st. Tammany, State Of
Louisiana, therein residing, person.
ally came and appeared the persons
whose names are hereunto subscrib-
ed, who declared that, awaiting
themselves Of the laws Of the State
of Louisiana, relative to the organi-
cation of corporations, they have
coVenanted and agreed, and by these
presents do covenant and agree, bind
and form and constitute themselves,
as we'll as such other persons who
may hereafter join or become asso-
ciated with them, into a corporation
and body polite in law, for the OBJ
jects and purposes, and under the
agreements and stipulations follow
ing, to-Wit:
ARTICLE /.
The name and style of this Cor
pOration shall be the
Stanga Realty Company, Inc,
and under that name it shall have
and enjoy all rights and privileges
granted by law to corporations; it
shall exist for period of ninety-nino
years from this day; it shall have
power to contract, sue and be sued in
Its corporate name; to make and
use corporate seal and the same to
alter at nIa1 fn hold rnontus
purchase, convey, mortgage, hypothe-
cate or pledge property, both real
and personal; to issue bonds, notes
and other obligations; to have and
employ such managers, directors, Of
tcers, agents and other employees
as the interests and convenience OF
said corporation may require; to
make and establish such bylaws,
rules and regulations for the proper
management and control of the at
fairs or the corporation as may be-
reasonable and expedient.
ARTICLE III.
The domicile of said corporation
shall be at Goodbee, Parish OF st.
Tammany, State of Louisiana; all
citation and other legal process shat
be served ON the President, and III,
his absence on the President,
and In the absence Of both on the
Secretary-Treasurer.
ARTICLE III.
The objects and purposes for
which this corporation is establish SO
and the nature OF the business to os
carried ON by it, are hereby declared
to be:
To buy and sell, both real and per-
sonal property; all kinds OF trseS,
timber, piling, crossties, wood and
all other kinds Of natural resources;
manufacture lumber, turpentine and
retort products; to engage in farm
ing and stock raising, and generally
to do and perform any and all acts
and things pertaining to the business
above enumerated, connected there
with or arising therefrom, in this
State and elsewhere.
ARTICLE ".
The capital stock of this corpora
ton is hereby fixed at tho SUM Of
Nineteen Thousand Four Hundred
(S19, 40O) Dollars, divided into and
represented by one hundred and
ninety-four $50 shares of the par
value of One Hundred ($1O0) Dol
lars each, which shall be paid for in
cash when subscribed, or by the pur-
chase Of property, as said Board ma
elect, all Of which shall be common
stock.
That this corporation shall be a
going concern when all of the capital
stock is actually paid for. All shares
OF stock shall be full paid and non
assessable, which. capital stock NAV
be increased to sum OF not to Ak
coed Fifty Thousand ($5O,0o0) Dol
lars, at the pleasure of the Board Of
Directors, in which event, during the
period between the call for the meet.
ing for such increase and the meet
ing, the person holding stock at The
time shall have the right to take
Shares Of the additional or increased
stock, proportionate to the number
of shares owned by them, and any