The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1898-06-04
CHARTER
State of Louisiana. Parish of 81. Martin'

BE ii known. Iilat OIL tiiio ihhu uoy
of the month of May in the year OF our
Lord one thousand eight hundred ana
ninety eight.
BEFORE me James Simon, notary pn-
bile i'm and for the Parish OF st. Martin,
State of Louisiana, duly commissioned
and qualified, and in the presence OF the
witnessed hereinafter named and under
signed.
Personally came and appeared, Messrs
Louis C. Duchamp. Robert Martin. Felix
Bienyenu, Albert Bienvenu. Arthur LAD
be. Theobald J. Liable, AdOlph OrilliOn.
Frank 7. Guilbeap and Albert +. Rous-
seau constituting the Board OF Directors
of the st. Martinville Building and Loan
Association. said Louis C. Duchamp be
ing president and the said Robert Mar
tin being vice president thereof, all re-
sidents of the Parish of st. Martin. La,
and the said St. Martinville Building
and Loan Association being duly organ
lied corporate body of this State with
its domicile in the Town OF st. Martin
Vile, instituted by an act passed before
VIM. B. Eastin, Deputy Clerk and ex-
oflicio a Notary Public, on the 10Th OF
August 1895. and of record in the Recor :
der's Office of this Parish In Book folio
$50 No 1867 of mortgages, and herein
acting in their said respective capaci-
ties and for and Oh behalf OF the said
corporation pursuant to the authority
on them conferred at general meeting
of the stock holders thereof held at the
Office of said corporation on the 18th day
of April 1898, who said appearers decla-
red in their capacity aforesaid that in
pursuance of the provisions of the Arti-
Gle XIII of the Charter or Act of incor-
poration of said Association, a general
meeting of its stock holders was coll
yened and held 1.-THE Office of said cor
alton on the 9TH day of April 1898, for
the purpose of altering or changing and
amending or adding to the said Charter
or Act of Incorporation Of the said As
ISOLATION of which said meeting con-
yened for said purpose ten days prior
I1notice thereof was mailed to each stock
holder. Aud that at said meeting all
the stockholders present and represented
by proxy did vote unanimously for thu
said Amendments proposed to be made
to said act of incorporation.
And the said appearers declared fur
Their that by virtue of the powers II
them vested as officers Of said Associa'
ton and in conformity with the autho
rity OH them conferred by said stock
holders, and in order to carry into effec,
the said Amendment and to cause SAM
to be recorded they do hereby publicl.
and formerly proclaim and make know
the following amendments to the act o
incorporations of the st. Martinvill
Building and Loan Association to tn
end that same hereafter and at all tim
be as hereinafter detailed and set fort
and i'm full force and effect as regard
all persons that are i'm or who may here
after become stock holders of the sal
Association, tO-wit: That Article ~ q
said corporation shall be amended 80 a
read as follows:
Article Nv.
The capital of said corporation sha
be One Million Dollars $1,OOO.OOO an
issued in shares, each representing tw
hundred dollars $4,000 to be paid u
in weekly installments Of twenty Il,
per share.
; Minors and married women may hOl(
subscribe for, transfer and withdra
! shares in the manner prescribed by Law
At the close of each fiscal year, Il
net profits shall be appOrtiOned and
dividend credited to the value OF eac
share in force, i'm such manner as Ii
Board of Directors may determine.
Whenever the shares Of any one seri'
BY reason Of the payments on accoul
Of subscriptions thereto. together vii
the addition of the profits and accumV
latiOns, thereon shall be worth the p'
value of two hundred dollars $4,000
each, the shares representing the seri
SO arrived at par shall be liduidated al
paid over to the holders thereof. on ii
surrender of their certificate; and wheI
ever the shares of the series last ISSUE
shall be worth the par value of two hui
dred dollars ($2OO.OW each. the Associ'
tom shall be liquidated by three col
| ,niss;onorc aalocfad nv tho Roard of n