Greene County herald. (Leakesville, Miss.) 1898-current, 1903-08-07

Chartap OF Incorporation of
the Bank of LeRkesville,

See. First. Pursuant to the statute laws
OF the state OF Mississippi. f + Ballard az
WASnesRGF6; Fl Turner A c Naples r o McIn
mis- $ r. McKGs. L. v. RouHsaYille, Y. .. Yves
terrified, M. K Mills, w d. Ball, d, r Williams.
Geo, w Faux. JaMes FaAlk o. Z, Rounsay II,
w. Fl ngrsett w. I;hinehart and assoc ates
and suceeSs9rs are hereby Incorporated upaaF
the mage aaa style of Baak OF LeakesyiIle,
and By that nAne they as Corporation shall
have continued successiqH fsr fifty years. and
shall be domieiied in The TOWN Of Leakcsyilie
State of Mississippi FER the Purpose Gf doing
y general banking business: and may sue and
be sued. and prosecute ind lie prosecuted to
final judgment AMI satisfaetiep before any
court; may haye Corporate Seal and alay al.
ter or aRGlish sage at pleasure: may contract
and b. e2ntracted with. may acquire. own. sell
use HAd convey real. personal snd mixed prop
erty within thelimits aai It's corlerate pow
ers asa banking intsitg,iqn.
sec. Second Said c9fpgrstien is authorized to
do a general banking business, including both
: bank 81 discGant and deposit and Q saying
bank with all the powers expressed or implied
or incidental thereto. and may do any and all
kinds OF business us lally d9ge hy banks; may
receive and hold on Deposit or in typst or as sc
-curity. all kinds CT real. personal and mixed
property. including nates, bonds, OBLIGATIONS,
mortgage, ch9ses in action of ndi7idualS. cor
-P9rations municipalities. counties. states and
Uuited States, and may purchase collect, adj
Just, supply, sell. and dispose Of same with or
withoutlt guarantee or Endorsement: may
act As agent for the inYestEs mt OF money for
any person or corporation and may act As
loap broker and as agent for the loan OF mon
ey for ilisliyidusls or corporations and may
charge such compensation 9r commission Tor
Gil sucA services rs MAJ be agreed upon: may
DO rev money aud siYe SECURITY ,herefor may
receive and loan money on pledges and secur-
flies IF any kind
sec. Third The amount qf the authorized
capital stock Of said corporation is Fifty Thou
sand Dellars. ls5c 900, DIVIDED into shares of
One hundred Dollars tslJO each. The Corpo-
ration may begin business as soon as Five
Thousand Dollars (s5,UUO) of its capital stock
subscribed and actually paid in. Each share of
stock shall entitle the holder thereof 10 one
vote IN each stockholders meeting either in
person or By proxy,
Sec Fourth, TEe management Of the corpo
ration shall be cerfided to Board OF Rirec-
tobe the holder OF at least Five Hundred Dol
iars $500 OF the capital stock: matQtity of
whom shall constitute quorum for the trans
action Of business. Said Board of p3rscters
shall BY proper bylaws. fix the number of Off.
IT -t-r ms. y
the duties. salaries and terms OF such Officers
and ali such officers and employees shall be e.
leeted or eRplosed by said BOARD Of Directors
A member of ma f1o df,fI
any other pffies in the baAk. Said board shall
pravlde forthesglTins of prorer bonas by the
OFFICERS of.the hank and Hsay make ana adopt
sucn rules regnlations. bylaws for the gov
ernment OF said bank and the transaction Of
the business theffaf is may be expedielts @ r
necessary e Petter carry out the objects of
the c6rp9ratisn or to further II interests. pro
-videl they do nothing in violation o. this char
ter or et the laws and Constitution or the
stale or United States.
Sc Fifth 4lbe members OF the Beard OF Di-
rectsrs shall be elected annually hr the stock.
holders OF the bank ut stockholders meeting
IN HanneF prescribed BY the constitution and
Laws OF the state. each membereso elected
shall hold his office fer one year aHd until his
seccessor is duly ELECTED and qualified. except
ia cases 81 FemaYaI from office or resignation
Sec SIKH IN All steekhslders meetings .
majority af the caEital stock represented BY
the stockh9laefs or pro4ies. shall constitute
Quorum faF The traHsaction Of bus ness or for
the electlaH 81 Eircctprs and no SUCH business
shall be trzasEeeted, and no such ELECTION shall
DC held without SUCH auarHm. 'rhe stockhol-
iers may provide fhe m0Je a. voting py proxy
AND eYnrg stockh9ller shall have the right d,