Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1920-07-10
CHARTER
SAMSON ABSTRACT
COMPANY, Inc.
United States of America,

state tI LONlNldhd,
Parish of Nrmilion.
BE TT KNOWN, That on this six
trcuth day Of June, i'm the year Of our
Lord one Thousand Nine Hundred and
Twenty:
Before me, Avery ThcalI, a Notary
Public Of the Parish of Ncrmihon,
Louisiana. duly commissioned aud quail
flied. aud i'm the presence OF the wit
nv,,cs hereinafter named and under
signed:
Personally came and appeared the
several persons whose names are here
uato subscribed, all above the age Of
majority, who sevcrally and mutually
declared unto me, that, awaiting them
selves of the provisions OF the laws OF
the State of Louisiana, relative to the
organization Of corporations, especially
Act yG7 of the General Assembly Of
Louisiana for the year 1914, they have
covenauted end agreed, and do, by
these presents, covenant and agree, Tor
themselves, their Successors and assigns,
as we'd as al such persons as shall
hereafter become associated with them,
10 form themselves INTO corporation
or body polite in law, for the objects
and purposes, and under the stlpulatlons
and conditions of the articles herein
after set forth.
ARTICLE l.
The name and title of this corpora
ton shall be Samson Abstract Co.,
Inc, and as such it shall have and
enjoy succession and existence by its
corporate name for period of ninety
nine (99) years, unless sooner dissolved
according to law, with such powers as
are conferred upon corporations by
Section of Act No. 267 of 1914.
ARTICLE 2.
The domicile of said corporation
shall be at Abbeville, Vermihon Par
ish, Louisiana.
ARTICLE 3.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried on
by it, are stated and declared to be
as follows, tO-wit:
To transcribe the records Of the
Parish of Vermilion, Louisiana, and to
make abstracts of title to real estate IN
the State of Louisiana:
To examine, certify, guarantee and
insure titles to real estate:
commission business for others in the
purchase, sale and management of real
estate for others and the negotiation
Of loans thereon;
To acquire, own, sell and otherwise
dispose of, and deal in, real estate,
stocks, bonds, mortgages, securities,
notes and commercial paper Of eorpor-
ations and individuals.
ARTICLE 4.
The Capital Stock of this corporation
is hereby fixed at Ten Thousand
($10,OO00O) Dollars, divided into and
represented by One Hundred (100)
shares, Of the par value of One Hun.
dred ($100.00) Dollars, each, to be sub
scribed and paid for in the manner
prescribed by Paragraph c, of Section
/, of Act 267 Of 1914.
The amount of the capital stock of
this corporation may be increased to
the sum of One Hundred THOUSAND
(s1o0,ooo.00) Dollars.
ARTICLE 5.
The business and affairs of this cor
poration shall be managed by Board
of Three 90 Directors, and all powers
of this corporation, without restriction,
shall be vested and exercised by said
Board of Directors. Said Board of Dr.
rectors shall be elected annually on the
first legal day of the month of June,
of each year, the first election to be
held in 1921. The directors shall elect
from their number President, Vice
President and Secretary Treasurer.
They shall have power to fill vacancies
in their number.
Until the next general election to be
held under this charter, the Board Of
Directors shall be composed of Messrs.
A. o. Landry, John Nugier and F. j..
Samson, all of Abbeville, Louisiana,
with A. 0. Landry, as President, f. j..
Samson as Viee-PreSident and Manager,
and John Nugier as Seeretary-Treas-
urer.
ARTICLE 6.
This charter may be amended in the
manner prescribed by Section s of Act
267 of 1914, the same may be dissolved
in the manner prescribed by Section 2S,
Of said Act, and the liquidation in the
manner prescribed by Section 80 Of
said act.
The subscribers here have set oppo-
site their names the number of shares
subscribed for by each of them, in
order that this charter may serve also
as the original subscription list.
Thus done and passed at Abbeville,
Vormilion Parish, Louisiana, in the
presence of Messrs Adam Boudreaux
and Alpha Baudoin, good and compe-
tent witnesses, residing in this parish,
who have signed these presents with
the appearers and me, Notary after
due reading of the whole, on the day,
month and year first above written.
f. j. Samson, twenty-six {261
shares .................. ...-..........S2, 10000
To be in casn.
A. o. Landry, twenty-five (25)
shares 10000
To be in cash.
j. o. Broussard, five 90 shares $4,000
- To be in cash.
John Nugier, twenty-five (25)
shares ,oOO.UO
To be paid in cash.
d. l.. Mcpherson, two (2)shares $4,000
To be paid in cash.
P. L. Broussard, ten (l0) shares 100000
To be paid in cash.
J. E. Kibbe, per A. o. Landry,
Three (S) shares --.-........-......$300.00
To be paid in cash.
R. j. LaBauve, seven % shares $4,000
Broussard Bros, two (2) sh,les $4,000
Witnesses:
Adam Boudreaux.
Alpha Baudoin.
AVERY THEALL,
tseai) Notary Public.