In the below exmaple I have created Toolbar. Here I have used In activity_main xml.layout a toolbar and TextView, and In MainActivity I have used toast function. You can see the below example it will clearly describe you how to create Toolbar with text.

Step(1)activity_main.xml layout-

<RelativeLayout xmlns:android="http://schemas.android.com/apk/res/android"
    xmlns:tools="http://schemas.android.com/tools"
    android:layout_width="match_parent"
    android:layout_height="match_parent"
    tools:context=".MainActivity">

    <android.support.v7.widget.Toolbar
        android:id="@+id/toolbar"
        android:minHeight="?attr/actionBarSize"
        android:background="@color/ColorPrimary"
        android:layout_width="match_parent"
        android:layout_height="64dp">
        <TextView
            android:layout_width="wrap_content"
            android:layout_height="wrap_content"
            android:text="Evon"
            android:textSize="15dp"
            android:textStyle="bold"/>

    </android.support.v7.widget.Toolbar>


</RelativeLayout>

Step(2)MainActivity-

public class MainActivity extends ActionBarActivity {

    @Override
    protected void onCreate(Bundle savedInstanceState) {
        super.onCreate(savedInstanceState);
        setContentView(R.layout.activity_main);

        setTitle(null);

        Toolbar topToolBar = (Toolbar)findViewById(R.id.toolbar);
        setSupportActionBar(topToolBar);
        topToolBar.setLogo(R.drawable.wordpress);
        topToolBar.setLogoDescription(getResources().getString(R.string.logo_desc));
    }

    @Override
    public boolean onCreateOptionsMenu(Menu menu) {
        // Inflate the menu; this adds items to the action bar if it is present.
        getMenuInflater().inflate(R.menu.menu_main, menu);
        return true;
    }

    @Override
    public boolean onOptionsItemSelected(MenuItem item) {
        int id = item.getItemId();
        if (id == R.id.action_settings) {
            return true;
        }
        if(id == R.id.action_refresh){
            Toast.makeText(MainActivity.this, "Refresh App", Toast.LENGTH_LONG).show();
        }
        if(id == R.id.action_new){
            Toast.makeText(MainActivity.this, "Create Text", Toast.LENGTH_LONG).show();
        }
        return super.onOptionsItemSelected(item);
    }
}