The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-09-08
CHARTER
The st. Mary Bank and Trust Co.
STATE OF LOUISIANA, !

PARISH OF ST. MARY
BE it known That on this 3lst 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 as 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
cor netting the banking and trust bust
ness, have agreed and do by these pres
cnts, covenant and agree, and bind and
Obliyate themselves, as well as all other
persons who may hereafter become as
sociated with them to form body cor
pnrale in law for the objects herein set
forth. and under the articles and stipu-
lalions following, to-wit:
ARTICLE l.
The name and title of this banking
association shall be THE 81. MARY
BANK AND TRUST COMPANY. and
under its corporate name it shall have
and enjoy succession for the period of
ninety mine years from September LIST,
1906.
ARTICLE II.
This organization shall have and
possess all powers granted banking as
snciations, S; wings. safe deposit, and
trust banks, under the provisions Of the
laws of the State Of Louisiana.
ARTICLE III.
The business of this corporation is to
be carried on in the Parish of St. Mary,
State of Louisiana, and it's domicie is
hereby established in the Town Of Frank
lin, 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 ".
Citation and all legal process shall be
served on the President Of said corpO- |
-ation. and in the event Of his absence !
lpon one of the Vice. Presidents, and in |
he absence Of the President and Vice.
President, service may be made upon
he Cashier of this corporation.
ARTICLE V.
The capital stock Of this corporation
s hereby fixed at One Hundred Thous-
md Dollars, divided into one thousand
shares of one hundred dollars each, and
n addition thereto there shall be sur.
,lus fund Of Twenty-Five Thousand Dol
ars. Each of the original subscribers
.,all at the time his stock is issued pay
n an additional amount equal to twenty
i've per cent. of his subscription for the
purpose Of creating surplus fund of
twenty -five Thousand Dollars, for which
additional subscription no certificate will
ssue. Said stock shall be represented
" certificates of stock, signed by the
President, or acting President, and the
Cashier, and sealed with the sell Of this
Stock shall be transferred
n the books Of the corporation only,
m the surrender, or upon proof of loss,
,r transfer of the outstanding certif
ates, and no stakeholder shall be enti-
led to vote on share transferred to
lin within thirty days preceding an
lection. The capital stock Of the as
ociation may be increased or decreased
n accordance with the provisions of
section of Act 179 of the General AS.
emily Of 1902.
ARTICLE VI.
This corporation is authoriz to COM
nence business on September LIST, 1906,
t which time all Of the capital stock
hall be subscribed and paid for in cash.
The name and address of the stock
olders, together with the amount of
took subscribed by each, are written
Glow by them, or by their duly author
zed agent, and shall be considered as
herein. No subscriber