The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1898-09-03
CHARTER
of the
-of the
BANK or AAFR ~ErrE

No. z5471.
g UNITED STATES OF AMERICA.
k State of Louisiana,
Parish of Lafayette.
Be it known that On the 2tst dav of mont.
of June, A. -. 1905. and of the indepcn
dence OF the United States of America III.
one hundred and twenty second, before me
70. u. VOORHEES,, clerk of court and ex-of.
fclo notary public in and for the parish of
Lafayette, State of Louisiana, as such dulv
commissioned and qualified, and in the
presence OF the witnesses hereinafter named
ana Undersigned, personally came and APP
Peared the several persons, whose names are
hereunto subscribed, who declared that
awaiting themselves of the laws of the State
relative to the formation of corporations for
the purpose OF banking, they do by these
presents covenant. agree and bind them
selves and those whom they represent and
those who may hereafter become associated
with them to form and constitute corpora
| tior and body polite in law for the pur-
| poses OF banking under the agreement and
stiPulations following, to-vit:
| ARTICLE l.. The name and title of this
corporation shall be .'BANK OF LAFA-
4ETTE.' Its d',micile and place of bust
ness shall be in the town and Parish of La
fayette. State of Louisiana. Its Capital
STOCK snail be twenty five thousand (Sz5,-
ooo.oo) divided into two hundred and fiftv
shares OF one hundred dollars EACH
Said bank shall be authorized to commence
business when two hundred shares shall |
on hal
be payable on the call of the Board of Direc-
tors. his corporation shall be liquidated |
az the end'ot its term or at its earlier disso-
luton provided three fourths of the CAPITAL
stock shall have agreed thereto at a meeting
called for that purpose by three commissione
ers appointed by the Board OF Directors at
the regular meeting of said Board Said
commissioners shall be and are hereby vested
with full power and authority to sell and
assign any and all assets of the Bank and do
ana perform all things convenient and neces-
sary for thecomplete liquidation of the
affairs of the Bank
ARTICLE II. Said corporation shall COM
mence Its existence from the date of these
presents and shall continue for period of
nlnety-n'ae years, and by its corporate name
may sue and be sued, plead and be inn
pleaded, appear, answer and prosecute in
any and all Courts of Justice here and else
%here' Citation and all other legal process
snail be served upon the president and in
lis absence on the vice president
ARTICLE III. This Corporation is organ
zeoi tor the purpose of doing a gener al
'ank'ng business, and under the laws of this
notes and other evidence of debt: to receive
ePosifs' ouy and sell gold and silver coin,
ms O, exchange, ETC., etc; to lend money
N real or personal security and to exercise
~ incidental powers necessary to carry on -
ne business; shall have power to hold re-
eve purchase and convey, buy, and under
aelr corporate name, such property real and
ersonai as may be needful for the purposes
the Bank.
ARTICLE ". The affairs of the RanL
lall be managed by Board of nine Direc
'rs, who shall be citizens of this State and
;tual stockholders of said corporation. to
elected On the second Tuesday of JuIy of
'ch year, and said Board of Directors shall
DID Office for one year until their success
RS are elected or qualified. All elections
an DC conducted under the supervision of
rec stockholders to be appointed for that
lrPose by the Board of Directors, and in
e event OF any one of said commissioners
'l'ng or declining to act the president shall
point another to fill his place The nine
rsons receiving the highest number of
ties Shall be declared elected. In case of
ne between and two or among the |
'nDer exceeding nine, receiving the high \
number of votes then the tie shall be II
te rn1lned by casting lot. The said Board Il
Directors shall elect from their number i
PRESIDENT and "ice-President whose Salaries II
y De hxed b, the Board of Directors. /
ey shall also appoint from their number a i
count committee of five and an executive II
nmittee of three. They ruay also select /
suitable person one to act cashier and II
as assistant cashier and book keeDer or II
? and all employees as the business of the II
an may require with such salaries and HI
ler bond in sums to be fixed by the Board III
directors. Vacancies occurring on the u
'rd shall he filed by the Board
ARTICLE V. Said Board of Directors
II make and ordain such bylaws for the
'agement OF the affairs of said Corpora
as may be necessary and proper in con
nifty with law. And the same to alter.
md or repeal at pleasure. They shall
pr Tor the use of the Corporation seal
such device as they may deem fit and
ropriate. n
RTIcLE VI. The Board of Directors is a
lorized to have erected suitable build u
for carrying on the business of the Rank.
10 exceed five thousand dollars, lot. furni-
and fixtures included.
RTIc1E VII The names of the share
ers, their places of residence and number &
he 1xya <>S
Is follow, to wit: .onn
Ha
C,..,,s %ao, SHARES: being
Cast.S>' NEW orleans, La, .. so have
Davidson, Lafayette, La., 2s secur
Clegg, s. La. ~ -
Girard, ,e 10y !
- the bt
:. Gregory, Stu.
f. II. Kennedy, % Sen.S