The Lafayette gazette., 1898-08-13
CHARTER
~
e of tho
BANK OF LAFA~ETTE
of tho

No. 2547I. ...
UNITED STATES OF AMERICA.
State of Louisiana,
Parish of Lafayette.
Be it known that on the zIst day of mont
of June, A. -. 1893. and of the indepe'
dence of the United States of America, ii
one hundred and twenty second, before M
Ed. G. Voorhies, clerk of court and ex-o
6cio notary public in and for the parish {
Lafayette, State of Louisiana, as such dull
commissioned and qualified, and in til
presence of the witnesses hereinafter nance
and undersigned, personally came and al
Peared the several persons, whose names al
availing themselves of the laws of the Stat
relative to the formation of corporations fo
the purpose of banking, they do by thes
presents covenant, agree and bind them
selves and those whom they represent AM
those who may hereafter become associate
with them to form and constitute corpora
ton and body polite in law for the Pur
poses of banking under the agreement anc
stipulations following, to-wit:
ARTICLE The name and title of thi
corporation shall be ssBANK OF LAFA
YETTE." Its d,micile and place of busi
ness shall be in the town and Parish of La
fayette, State of louisiana. Its capita
stock shall be twenty five thousand ($25,
ooo.oo) divided into two hundred and fifty
shares of one hundred dollars each
Said bank shall be authorized to Commence
business when two hundred shares shall
have been subscribed; said subscription shall
be payable on the call of the Board of Direc
tors. This corporation shall be liquidated
luton provided three fourths of the Capita
Stock shall have agreed thereto at a meeting
called for that purpose by three commission
ers appointed by the Board OF Directors a!
the regular meeting of said Board. Said
shall be and are hereby vested
xvifh f,nll and authority sell and
assign any and all assets of the Bank and dc
and perform all things convenient and neces'
sary for thecomplete liquidation of the
affairs of the Bank.
mencc its existence from the date of these
presents and shall continue for period of
ninety nine years, and by its corporate name
may sue and be sued, plead and be i'm
pleaded, appear, answer and prosecute IN
any and all Courts of Justice here and else
where. Citation and all other legal process
shall be served upon the president and in
his absence on the vice-president.
ARTICLE III. This Corporation is organ.
lied for the purpose of doing a gener al
State shall have power to discount bills,
notes and other evidence of debt; to receive
deposits, buy and sell gold and silver coin,
bills of exchange, etc., ETC.; to lend money
on real or personal security and to exercise
all incidental powers necessary to carry on
ceive purchase and convey. buy, and under
their corporate name, such property real and
as may be needful for the purposes
of the Bank.
shall be managed by Board of nine Direc
tors, who shall be citizens of this State and
actual stockholders of said corporation. to
be elected on the second Tuesday of July OF
each year, and said Board of Directors shall
hold office for one year or until their success
ole qualified All elections
shall be conducted under the supervision of
three stockholders to be appointed for that
purpose by the Board of Directors, and in
the event of any one of said commissioners
appoint another to fill his place. The nine
persons receiving the highest number OF
votes shall be declared elected. In case of
a tie between and two or more among the
number exceeding nine, receiving the high
est number of votes then the tie shall be
by casting lot. The said Board
of Directors shall elect from their number
a president and ce-president whose salaries
may be fixed by the Board of Directors.
They shall also appoint from their number a
discount committee of five and an executive
of three. They may also select
any suitable person one to act as cashier and
one as assistant cashier and book-keeper or
any and all employees the business of the
Bank may require with such salaries and
under bond in sums to be fixed by the Board
Board shall be filed by the Board.
ARTICLE v. Said Board of Directors
shall make and ordain such bylaws for the
of the affairs of said Corpora
ton may be necessary and proper in con-
formity with law. And the same to alter,
amend or repeal at pleasure. They shall
adopt for the use of the Corporation a seal
with such device as they may deem fit and
appropriate.
ARTICLE vi. The Board of Directors is
authorized to have erected suitable build
ing for carrying on the business of the Bank,
not to exceed FIVE thousand dollars, lot. furni-
ture and fixtures included.
ARTICLE VII. The names of the share
holders, their places of residence and number
IF shares held bv each of them respectively
are as follow, to wit:
SHARES:
J. w. Castles, New Orleans, La, w so
!. J. Davidson, Lafayette, La,..... IS
VIM. Clegg, s. La, ~...... 10
Crow Girard, ss s. ........ IS
F. Demanade, 's 6 .-..... 10
F. H. Gregory, s. 6 .....
Mrs. E. r. Kennedy, ss 6 ........ 10
Moses Levy, IT,, St. Louis, Mo-, IS
4: =: c. = McGowsn' Go. {e.nsfstte' {s.,;c;ts Ls.'
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