The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-04-25
CHART1H
CH
Oh
rNCo7Po TON
OF
st. Martinville Stock & Loan
Association Limited.
State O. Louisiana, Parish of st. Martin

Re il known and remembered that Oh
this sixth day Of the month OF March, III
the wear of our Lord One thousand eigh'
hundred and ninety-six, before me jas
= Monitor, a Natorv Public duly com
w,ssioned and otherwise qualified III
and for the Parish of st. Martin. in the
State of Louisiana, and in the presence
~ tho bereipter named aud subscribing
witnesses:
Personally came and appeared the Sc
yeral persons, whose respective names
are hereunto subscribed. and declare
that. availing themselves OF the proVi-
sions of the general laws OF this otaH'
and particularly of those contained iii
Act No. 80 of the General Assembly OF
the wear 1888, all providing for and re-
latiye to the organization OF corpora
t,ons 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, as well as other persons
who may hereafter associate with them'
into a corporation and body polite III
law. for the objects and purposes, ana
under the stipulations, to Wit:
ARTICLEI.
The name of this corporation shall De
the saint Martinville Stock and Loan
Association. Limited, and by that cor
porate name, this association. or corpo-
ration. shall have power and authority
70 have and enjoy succession for per-
iod of ninety nine years. TO contract Ill
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, &c
employ managers. agents. directors. OF
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.
The domicile of this corporation shall
be in the Town of st. Martinville. Par
:. ish of st. Martin, in the State OF Louisl
10 ana. and all citations, writs or lega
process whatever shall be served on tn
President, or in case of his absence Q
inability to act on the vice Presldent
!, said corporation.
T. ARTICLE iii.
y The object and purpose OF this corp
Is ration and the nature Of the business
be carried on by it, are hereby declare
TO be the purchasing and selling OF pr
n. perty real and personal, the building
rs. all classes of houses, the leasing al
re renting of same, and the conducting
=. business of such sort as may be consi
25 tent with the terms Of this charter.
ARTICLE ".
The capital stock of this corporate
is hereby fixed at the sum of Five tho
I sand dollars. represented by one hu
dred and twenty-five shares OF Fort
(i25) each, at par value; which capt.
. stock be- increased. at any future ia
in. by a vote of Three FOurths OF the pa
up stock, at any meeting specially ca
/. ed for that purpose by publication in
, local Newspaper. serving a period OF
least seven entire days preceding 81
meeting.
ARTICLEv.
When, upon due compliance wi
I. these formalities, the stock shall be
creased, the original stock holders shi
by preference. respectively have the
vilege Of taking shares in proportion
N the shares already held by them, af
II which all remaining shares shall be
, posed Of. at not less than par value.
the Board of Directors, and to the b
advantage aud interest of the organi'
ton.
\ ARTICLE vi.
All shares and stock shall be paya
by monthly instalments Of not less Il
1 Fifty cents" nor more than 1.-TWO |
lars" and in all cases. when more Il
the minimum instalment is requil
the surplus shall be ASSESSED, as neces'
may demand, by the Board OF Direct
I due notice OF this increase of inst
ment to be given by publication in
L lnaaI Naxp,nopar Or ofharWisp