The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1898-07-30
Cga ARTER
of tho
3- NIX ca- xS.zE ~ETEE.
No. 2J47I.
UNITED STATES OF; AMERICA
State of Louisiana,
Parish of Lafayette.

Parish of Lafayette.
BE it known that on the 2Ist day of mont
of June, 4. -. 1903 and of the indene,
dence of the United States of America ia
one hundred and twenty second, before me
Ed. c. VOORHEES,, clerk of court and exc,
hclo notary public in and for the parish q
Lafayette, State of Louisiana, as such dull
commissioned and qualified, and in tn
presence of the witnesses hereinafter nance
and undersigned, personally came and APP
Peared the several persons, whose names ar
hercunto subscribed, who declared tina
avalinS themselves of the laws of the Stat
relative to the formation of corporations fo
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 associa ted
with them to form and constitute a corpora
ton and body polite in law for the pur-
| poses OF banking under the agreement and
stipulations following, to-wit:
| ARTICLE 7. The name and title of this
corporation shall be 'sBANk OF LAFA-
YErTE Its d 'ncie and place of bust
| ness shall be III the town and Parish of La
fayette, State OF Louisiana. It's Capital
| stock shall be twenty five thousand (S25,-
| o.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 bscription shall
be payable on the call of the Board of Drec-
tors. This corporation shall be li0 uidated
luton provided three fourths of the Capital
Stock shall have agreed thereto at a meeting
called for that purpose by three commission
ers appointed by the Board OF Directors at
the regular meeting of said Board. Said
connissi ,ners shall be and are hereby vested
with full power and authority to sell and
assign any and all assets of the Bank and do
and pei form all things convenient and neces-
sary for thecomiolete liquidation of the
affairs of the Bank.
ARTICLE II. Said corporation shall COM
mencc its existence from the date of these
presents and shall continue for period of
ninety -nii'c 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
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 Il gener al
banking business, and under the laws of this |
State shall have power to discount bills, |
notes and other evidence of debt; to receive
deposit 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
the business; shall have power to hold
celve purchase and convey, buy, and under
their corporate name, such property real and
personal may be needful for the purposes
of the Bank.
ARTICLE ". The affairs of the Bank
shall be managed by Board of nine Direc
ors, who shall be citizens of this State and
actual stockholders of said corporation, to |
De elected on the second Tuesday of July of
each year, and said Board Of Directors shall
lod Office for one year or until their success
ors are elected or qualified. All elections
hall be conducted under the supervisor, of
hree stockholders to be appointed for that
purpose by the Board Of Directors, and in
he event Of any one of said commissioners
ailing Or declining to act the president shall
pPoint another to fill his place. The nine
persons receiving the highest number of
otes shall be declared elected. in case of .
tic between and two or more among the {
lumber exceeding nine, receiving the high
st number of votes then the tie shall be
determined by casting lot. The said Board 9
f Directors shall elect from their number
president and vice president whose salaries
hey shall also appoint from their number a
iscount committee of five and executive
of three. They may also select
ny suitable person one to act as cashier and
ne assistant cashier aud bool<-keeper or
ny and all employees the business of the
tank may require with such salaries and
nder bond in sums to be fixed by the Board
Directors. Vacancies occurring on the
'oard shall be filled by the Board.
ARTICLE V. Said Board of Directors
hall make and ordain such bylaws for the.
Management of the affairs of said Corpora
on as may be necessary and proper in con-
ormity with law. And the same to alter,
mend or repeal at pleasure. They shall \
lopt for the of the Corporation seal
itn such device they may deem fit and f.
opropriate. 4
ARTICLE VI. The Board of Directors is ii
Authorized to have erected suitable build d
g for carrying on the business of the Bank, {
ot to exceed five thousand dollars lot furn- =
ire and fixtures included. e
ARTICLE VII. The names of the share
olders, their places of residence and number
shares held by each of them respectively
e as follow, to wit:
SHARES:
w. Castles, New Orleans, La, so
J. Davidson, Lafayette, La, IS
IN. Clegg, Sc La, .-... 10
row Girard, &c 6: ~ rs Y
. Demanadc, c! 6 w -
II. Gregory, 6 s. w
RS T.. X. Kennedy, &c s. ~ 10
B. Roy, .-.... .Eoungsville, La,
oses Levy, Jr., ST. Louis, Mo-, IS
c. McGowen, Jeanerette, La.
ev. L. FORCES, Lafayette, La, w
ustave Lacoste, g s. ~
A. Broussard, &c w 2 -
+. Mou'on, &c g ~ =
G. VOORHEES,, &C ss ~
+. dillingham;, 's &c ~