The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-09-29
CHARTER
The 1t. Mary Bank and Trust Go.
STATE OF LOUISIANA, }
pAD1Su az, ET MAnv

Be II known That on this 31st day of
August. 1906, before me, Percy Saint, a
Notary Public, within and for the Par
ish of st. Mary, State of Louisiana, duly
commissioned and qualified rs such and
in the presence Of the witnesses herein
after named and undersigned, personally
came and appeared the persons whose
names are subscribed hereto, who de.
clared that availing themselves of the
general laws of the State of Louisiana,
applicable to banks and banking and of
those enacted by the General Assembly
Of this State, for the organization of
banking ASSOCIATIONS, Savings, Safe De-
posit and Trust Banks, they, the said
subscribers, to acquire and enjoy the
privileges and powers granted by the
State of Louisiana to corporations for
conducting the banking and trust bust.
ness, have agreed and do by these pres
ents, covenant and agree, and bind and
Obligate themselves, as well as all other
persons who may hereafter become as
sociated with them to form body cor
porate in law for the objects herein set
forth, and under the articles and stipu-
! lations following, to-wit:
ARTICLE
The name and title Of this banking
! association shall be ''THE ST. MARY
BANK AND TRUST COMPANY. and
under its corporate name ii shall have
and enjoy succession for the period of
ninety years from September LIST,
1906.
ARTICLE III.
This organization shall have and |
possess all powers granted banking as t
sociations. savings, safe deposit, and ,
trust banks, under the provisions of the
laws of the State Of Louisiana. !
ARTICLE III.
The business of this corporation il t..
be carried on in the Parish of St. Mary.
State Of Louisiana, and its domicile is
hereby established in the Town of Frank
I'm, IN the State and Parish aforesaid.
Such branch banks may be established
in the Parish of st. Mary. from time to
time as may be determined and permit
ted by law
ARTICLE w.
Citation and all legal process shall he
served on the President of said c0rpo- ,
ration, and in the event Of his absence
upon one of the Vice Presidents. AID in
the absence IF the President and Vice
President, service may be made upon
the Cashier OF this corporation.
ARTICLE V.
The capital stock Of this CORPORA tiou e
Is hereby fixed at One Hundred Thous- {
and Dollars, divided into one thousand I
shares Of one hundred dollars each, and 9
IN addition thereto there shall he SIR.
plus fund Of Twenty-Five Thousand Dol u
ars: Each of the original subscribers .
shall at the time his stock is issued nav b
/" an additional amount equal to twenty r.
I've per cent. OF his subscription for the a
purpose OF creating surplus fund of il
Twenty-Five Thousand Dollars, for which Fl
dditional subscription no certificate will
Ssue. Said stock shall be represented
y certificates Of stock, signed bv the
resident, or acting President, and the OF
asher, and sealed with the seal of this e
'rporatiOn. Stock shall be transferred st
the books Of the corporation only. p1
the surrender, or upon proof of loss. h'
transfer OF the outstanding crrtif- NJ
ates, and n" srockholder shall be enti- m
ca t. voe on a share transferred to OF
i'm within thirty days preceding an sa
ectiOn. The capital stock If the as to
citation may be increased Or decreased kr
accordance with the provisions of 10
'ctiou OF Act l7Y OF the General As.
mbly Of 1902.
ARTICLE vi. u
This corporation is authorized TO com. an
9"ce business on September lat, 1906, SUI
winch time all of the capital stock ,
all be- subscribed and paid for 10 cash. fc,
The name and address of the stock St
Iders, together with the amount of pre
,ck subscribed by each, are written Cal
low ny them, or by their duly author law
aee"'' anu snah De considered as unit
~ herein. NO subscriber wit
vi sell his stock without first giving No
lt'0" notce 70 the association OF his abO