The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-05-16
CHARTHE
OF
rNCORFoRATIoN
OF
a. MavtjnviIle Stock 4 Loan
Association Limited.
State O. Louisiana, Parish of St. Martin

State O: Louisiana, Parish Of St. Martin.
Be it known and remembered that on
this sixth day OF the month OF March, 10
the year of our Lord One thousand eign'
hundred and ninety-six, before me Jas
y Mouton. a Natorv Public duly COM
missioned and otherwise qualified IN
and for the Parish of st. Martin, IN tne
State Of Louisiana. and in the presence
Of the hereinter named and SUBSCRIBING
witnesses:
Personally came and appeared the Sc
yeral persons, whose respective names
are hereunto subscribed. and declare
that, availing themselves OF the provi-
aims of the general laws Of this State,
and particularly of those contained IN
Act No. 36 of the General Assembly OF
the year 1888, 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 bind them
selves AZ in fact they do. to constitute
themselves. as we'll as other persons
who may hereafter associate with them.
into corporation and body polite IN
law for the objects and purposes. and
under the stipulatiOns, to Wit:
ARTICLEI.
The name Of this corporation snail %
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 aud Personal. u
employ managers. agents. directors. Of
other officers as may be deemed conve'
nient: and from time to time to maxi
and adopt such bylaws. rules and regu
lations, as may be necessary or expe
dent; as also to have and use corpor
ate seal.
ARTICLE II.
The domicile of this corporation ehal
be In the Town of St. Martinville, Pal
/. ish of st. Martin, in the State of LOuist
!. ana. and all citations. writs or lega
process whatever shall be served on th
President, or in case Of his absence Q
inability to act, on the vice. President
said corporation. -.
|. ARTICLE III.
q The object and purpose Of this corp
! ration and the nature of the business
be carried on by it, are hereby declare
to be the purchasing and selling Of pr
!. perry real and personal, the building
$. all classes of houses. the leasing 81
e renting of same. and the conducting
!. business Of such sort as may be consil
3 tent with the terms of this charter.
ARTICLE ".
The capital stock OF this corporate
is hereby fixed at the sum Of Five tho'
d sand dollars. represented by one hui
dred and twenty-five shares Of Fort
J. (l25) each. at par value; which capt.
10. stock be increased. at any future ID
y by vote Of Three Fourths Of the pa
g, up stock, at any meeting specially ca
i ic ed for that purpose by publication IN
.. local Newspaper. serving period OF
a least seven entire days preceding %
meeting.
to ARTICLEv.
es When, upon due compliance WI
., these formalities, the stock shall be
e: creased, the original stock holders sha
by preference. respectively have the p
!. vilege of taking sharss in proportion
- the shares already held by them. al
II. which all remaining shares shall be d
posed of. at not less than par value.
" the Board of Directors, and to the b
advantage aud interest OF the organii
! ton.
ARTICLE VI.
All shares and stock shall be paya
by monthly instalments Of not less Il
Fifty cents" nor more than Two D
y lars" and in all cases. when more Il
tho minimum inatalment Is re0UlI