The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1898-09-10
CHARTER
of the
BANK OF LRFA|ETT TIE.
No. 2547I.
UNITED STATES OF AMERICA. J
State of Louisiana,
Parish of Lafayette.

UNITED STATES OF AMERICA.
| State of Louisiana,
Parish of Lafayette.
Be i, known that The 2Ist day of month
! of Jupe A. II. 1905 and of The inelepen-
dence of the United States of America the
one hundred and twenty second, before me,
Ed. G. VOORHEES,, clerk of court and ex-of-
| Ecio notary public in and for the parish of
Lafa yette, State of Louisiana, as such duly
| commissioned and qualified, and in the
presence of the witnesses hereinafter named
and undersigned, personally came and APP
peared the several persons, whose names are
| hereunto subscribed, who declared that
availng themselves of the laws of the State
relative to the formation of corporations for
! the purpose of banking, they do by these
selves and those whom they represent and
| those who may hereafter become associated
| 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 l.. The name and title of this
corporation shall be ''BANH OF LAFA-
YETTE.'' Its d. ,n1icile and place of bust
fayette, State of Louisiana. It's capital
stock shall be twenty five thousand (Sc5,-
900. oo) divided into two hundred and fifty
| shares of 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
at the end of its term 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 commission
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
and perform all things convenient and neces-
for theCOm,)lete 1inuiIation 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
ninety years, and by it's corporate name
may sue and be sued, plead and be inn
Headed, 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 general
banking business, and under the laws of this
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
the business; shall have power to hold,
ceive purchase and convey, buy, and under
their corporate name, such property real and
personal as may be needful for the purposes
of the Bank.
ARTICLE ". The affairs 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
sors are elected or 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
failing declining to act the president shall
appoint another to fill his place. The nine
persons receiving the highest number OF
votes shall be declared elected. In Of
a tic between and two more among the
number of votes then the tie shall be
determined by casting lot. The said Board
of Directors shall elect from their number
president and vice 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
committee of three. They ruay also select
any suitable person one to act as cashier and
one 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
of Directors. Vacancies occurring the
Board shall he filled by the Board.
ARTICLE Said Board of Directors
shall r.lake and ordain such bylaws for the
management 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 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 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
of shares held by each of them cspectively
are follow, to wit:
SHARES:
]. w. Castles, New Orleans, La, w SO
J. J. Davidson, Lafayette, La, ....... IS
VIM. Clegg, g La, .-..- 10
Crow Girard, &C g ........ IS
+. Demanade. &C 6 ..--... 10
+. H. Gregory, g g ..-
Mrs. Z. II. Kennedy, &C g .--....
p. =. Roy, ..-.- Noungsville, La, -.-.- 10
Moses Levy, Jr., ST. Louis, Mo-, -..... IS
A Nc(.nyer lear