The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-05-02
CHARTER
Oh G.
D10oR<o1ATYo31
or
O. MaYtinville STOCK &loan
Association Limited.

O. Mavtinville stock &loan
Association Limited.
State OF Louisiana, Parish Of st. Martin.
Be Il known and remembered that on
this sixth day Of the month OF March. 10
tho year Of our Lord One thousa nd eight
hundred and ninety-six, before me Jas.
E. Moxton, a Natorv Public duly COM
missionsd and otherwise qualified In
and for the Parish Of 81. Martin. In the
State of Louisiana. and In the presence
Of the hereintsr named and subscribing
witnesses: On
Persoally came and appeared the Sc
veral persons. whose respective names
are hereunto subscribed. and declare
that. availing themselves Of the provi-
sions Of the general laws Of this State,
and particularly Of those contained In
Act No. 50 Of the General Assembly Of
the vsar 1854. all providing for and re-
lative to tho organisation Of corpora-
tions in this State. they have covensn-
ted and agreed. and do now BY these pre-
sents covenant, agree and bid them
selves, a. In fact they do. to constitute
themselves, az 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 stipulstions. to W.T.:
ARrIcLEI. p
The nsme Of this corporation shall be
the saint Martinville Stock and Loan
Association. Limited. and BY that cor
porsts name, this association, or corpo.
ration, shall have power aud authority
to have and enjoy succession for q per-
iod Of ninety mine years. 10 contract In
its corporate name. and likewise to sue
and he sued. TO purchase. receive. hold
mortgage. hypothecste. pledge or con-
ysy property 10th Real and Personal. To
employ managers. agents. directors. OF
other of{icers as may be deemed conve-
nient; and from time TO time to make
and adopt such bylaws. rules and regu'
Lotions, q may be necessary or expe.
dent; as also to have and use corpor
ate seal.
| ARTICLE II.
| The domicile Of this corporation shall
be In the Town Of st. Martiuville. 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 10 act. on the vice President Of
said corporation. 2
Is ARTICLE III.
The object and purpose Of this corpo
ration and the nature Of thu business Ia
be carried on BY 1t, are hereby declared
TO Be the purchasing and selling Of pro
perty real and personal, the building Of
all classes Of houses. the leasing and
renting Of same. and the conducting Of
business Of such sort Is may be consis-
tent with the terms Of this charter.
| e. ARTICLE ".
The capital stock Of this corporation
IL hereby fixed at the sum Of Five thou.
sand dollars. represented by one hun.
dred and twenty-five shares Of Forty
(l2S) each. at par value; which capital
stock b increased. Ut any future day
BY q vote Of Three FouTths Of the paid
up stock. st any meeting specially call
cd for that purpose by publication in q
local Newspaper. serving period Of d
least seven entire dsys preceding said
meeting. rf-f z
When. upon due compliance with
these formalitiss. the stock shall be in
creased, the original stock holders shall
BY preference. respectively have the pri
vilsge Of taking shares In proportion To
the shares already held By them. afteI
which ell remaining shares shall DO dis.
posed Of. st not les than par value, BY
the Board Of Directors. and to the best
advantage and interest Of the orgsniza-
ton.
| ARTICLE VI.
All shares and stock shall be payable