The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-10-06
CHARTER
The st. Mary Bank and Trust Go.
STATE OF LOUISIANA, !
PARISH or ST MARY

| 1ARlSH OF 81. NJ AIRY.
Be it known That on this 31st day of
August. 1906. before me, Percy Saint, II
| 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-
post 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 a body cor
porate in law for the objects herein set
forth. and under the articles and stipu-
lations following, to-wit:
ARTICLE l.
The name and title Of this banking
association shall be 1.-THE ST. MARY
BANK AND TRUST COMPANY. and
under its corporate name il shall have
and enjoy succession for the period Of
ninety mine years from September lst.
1906
ARTICLE II.
This organization shall have and
possess all powers granted banking as
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 is to
be carried on in the Parish of St. Mary, !
State of Louisiana, and its domicile 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-
ration. and in the event of his absence
upon one Of the Vice Presidents, ard 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 corporation
is hereby fixed at One Hundred Thous-
and Dollars. divided into one thousand
shares Of one hundred doll,rs each. and
i'm addition thereto there shall he sur.
plus fund of Twenty-Five Thousand Dol
lars. Each of the original subscribers
shall at the time his stock is issued pay
" 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 tine
President, or acting President. and the
Cashier, and sealed with The seal Of this
;rporation. Stock shall be transferred
N the books Of the corporation only,
N the surrender, or upon proof Of loss,
" transfer Of the outstanding certiti-
aies, and no stakeholder shall be ent-
led to vote ON share transferred to
i'm within thirty days preceding an
lection. The capital stock If the as !
ociaii"n may be increased or decreased :
D accordance with the provisions Of
ection Z Of Act l79 Of the General As.
emily OF 1902.
ARTICLE W. =
This corporation is authorized to COM a
renee business on September LIST, 1906, s
t which time all of the capital stock
nall by subscribed and paid fer in cash. fl
The name and address of the stock 5
o'dtrs. together with the amount Of p
ock subscribed by each, are written c
Glow BY them, or by their duly author |.
ed agent and shah be considered as Il
'corpnrated herein. No subscriber "
lali sell his stock without first giving \
ritten notice to the association of his a