The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-04-18
CHAHTEH
TRANSFORMATIONS
st. Martinville Stock 4 Loan
Association Limited.
State O: Louisiana, Parish of St. Martin

Be il known and remembered that on
this sixth day Of the month OF March, IN
the year of our Lord One thousand eight
hundred and ninety-six, before me Jas.
+. Mouton, a Natorv Public duly COM
missioned and otherwise qualified in
and for the Parish of st. Martin, in the
State of Louisiana, and in the presence
of the hereinter named and subscribing
witnesses:
PersoalIy came and appeared the Sc
ypral persons, whose respective names
are hereuntO subscribed. and declare
that. availing themselves Of the provl-
sions of the general laws Of this State,
and particularly of those contained In
Act No. 36 Of the General Assembly OF
the year 1883, all providing for and re-
latiye to the organization OF corpora
tions in this State, they have covenan-
ted and agreed, and do now by these pre-
sents covenant, agree and bid them
selves. as in fact they do. to constitute
themselves, az we'll as other persons
who NAV hereafter associate with them.
into corporation and body polite In
law. for the objects and purposes, and
under the stipulations. to wit:
ARTICLE
The name of this corporation shall be
the Saint Martinville Stock and Loan
Association, Limited, and by that cor
porate name, this association, or corpo-
ration, shall have power and authority
to have and enjoy succession for a per-
iod of ninety nine years. to contract In
its corporate name, and likewise to sue
and be sued, to purchase, receive, hold,
mortgage, hypothecate. pledge or con-
yey property both Real and Personal, to
employ managers. agents. directors. or
other officers as may be deemed conve-
nient; and from time to time to make
and adopt such bylaws. rules and regu-
lations, as may be necessary or expe-
dent; as also to have and use a corpor'
ate seal.
ARTICLE ii. Fffi
The domicile of this corporation shall
be In the Town of st. Martinville, Par
{, ish Of st. Martin, in the State Of LOuisi-
> ana, and all citations, writs or lega
process whatever shall be served on thu
President, or in case of his absence Of
- inability to act, on the vice. President o.
4 said corporation.
/. ARTICLE III.
= The object and purpose of this cOrpO
S. ration and the nature of the business t
be carried on by it, are hereby declares
to be the purchasing and selling OF pro
n perty real and personal, the building o
Is. all classes of houses, the leasing an
re renting of same, and the conducting o
10 business of such sort as may be consis
Is tent with the terms of this charter.
ARTICLE
The capital stock Of this corporation
is hereby fixed at the sum of Five thou
sand dollars. represented by one hun
bred and twenty-five shares OF Forty
Q25) each, at par value; which capita
- stock be increased. at any future day
d by vote of Three FOurths of the pal
up stock, at any meeting specially cal
ed for that purpose by publication In
local Newspaper. serving a period OF
least seven entire days preceding sal
meeting.
ARTICLEv.
!, When. upon due compliance wit
l. these formalities, the stock shall be il
creased. the original stock holders shal
- by preference, respectively have the pr
\ viIege Of taking shares in proportion
the shares already held by them, aft
which all remaining shares shall be di
posed of. at not less than par value,
\ the Board of Directors, and to the be-
advantage and interest Of the organizs
ton.
ARTICLE VI.
All shares ami stOck, shall be payab
by monthly instalments of not less tina
! Fifty cents" nor more than Two Do
lars" and in all cases. when more tia
the minimum instalment is require