The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1898-08-06
CHARTER
of tho
BRr:s@ or aAER~ET =.
No. zs47I.
UNITED STATES OF AMERICA.
State of Louisiana,
Parish Of Lafayette.

l
UNITED STATES OF AMERICA.
State of Louisiana,
Parish of Lafayette.
Be it known that on the 21st day of month
of June, a. -. 1893. and of the indepen-
| dence of the United States of America, the
one hundred and twenty second, before me,
| Ed. G.. VOORHEES,, clerk of court and eN-of-
| fco notary public in and for the parish of
| Lafayette. State of Louisiana, as such duly
| commissioned and qualified, and i'll 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
| availing themselves of the laws of the State
relative to the formation of corporations tor
| 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
ton and body polite in law for the pur-
poses of banking under the agreement and
stpulations following, to-wit:
ARTICLE I. The name and title of this
corporation shall be s.BANk OF LAFA-
YETTE.'' Its d 'mcle and place of bust
ness shall be in the town and Parish OF La
fayette, State of Louisiana. Its capital
stock shall be twenty five thousand $685.
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 Hquidated
at the end of its term or at its earlier disco
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 necCs-
Sary for thecomplcte liquidation OF the
affairs of the Bank.
ARTICLE: II. Said corporation shall com
mcnce its existence from the date of these
presents and shall continue for period OF
ninc:y-niac 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 the vice president.
ARTICLE III. This Corporation is organ
lied for the purpose of doing gencr al
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, re-
ceve 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
tors, who shall be citizens of this State ana
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
elected or qualified. All elections
shall be conducted under the SUPERVISOR, OF
three stockholders to be appointed for that
purpose by the Board of Directors, and in
the event of any one of said commissioner
falling or declining to act the president shall
appoint another to fill his place. The nine
persons receiving the highest number of
votes shall i;e declared elected. In case of
a tie between and two or more among the
est number of votes then the tic shall be
eiete rmined by casting lot. The said Board
of Directors shall elect from their number
a president and vice president whose salaries
may be fixed by the Board of Directors.
They shall also appoint from their number
discount committee of five and an executive
committee Of three. They raay also select
any suitable person one to act as cashier and
one assistant cashier and book keePer or
any and all employees as 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 on the
ARTICLE V. Said Board of Directors
shall make and oro.ain such bylaws for the
management Of the affairs of sad Corpora
ton as may be necessary and proper IN con
amend or repeal at pleasure. They shall
adopt for the use of the Corporation a seal
with such device they may deem fit and
appropriate.
ARTICLE VI. The Board of Directors is
autho rized to have erected suitable build
ing for carrying on the business of the Bank,
not to exceed five thousand dollars, lot. furni-
turc and fixtures included.
ARTICLE VII. The names Of the share
holders, their places of residence and number
of shares held by each of them respectively
follow, to wit:
-SIIARES:
7. w. Castles, New Orleans, La, 1890. SO
7. J. Davidson, Lafayette, La, IS
VIM. Clegg, &C La, 10
Grow Girard, &c IS
+. Demanade, 6 Sc 10
F. II. Gregory, g.
Mrs. z. n. Kennedy, IS g 10
p. b. Roy, ....-. .Youngsville, La, 10
Moses Levy, Jr., St. Louis, Mo.,..... IS
A. G. McGowen, Jcanerettc. La.,..-.-.
Rev. Z. FORCES, Lafayette, La,
Gustave Lacoste, 6
I. A. BrousSard, &C sc