The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-09-22
CHARTER
The st. Mary Bank and Trust 60.
STATE OF LOUISIANA, !
PARISH 0E ST MApy {

Be it known That ON this 31st day OF
August. 1906, before me-, Percy Saint, q
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 undersi gned, personally
came and appeared the persons whose
names are subscribed hereto. who de.
clared that awaiting 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
ISOLATED 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 1.
The name and title of this banking
association shall be 'THE ST. MARY
BANK AND TRUST COMPANY'', and
under its corporate name it shall have
| and enjoy succession for the periOd of
ninety-nine 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 ia 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 bis absence
upon one of the Presidents. aud 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 dollars each. and
In addition thereto there shall be n 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
INV" per cent. of his subscription for the
purpose OF creating surplus fund of
Thousand Dollars. for which
additional subscription no certificate will
issue. Said stock shall be represented
by certificates If stock, signed bv the
President, Or acting President, and the
Cashier, and sealed with The seal of this
corporation. Stock shall be transferred 5
IN the books OF the corporation only,
N the surrender, or upon proof of loss.
)r transfer OF the outstanding certifi-
;ates, aud NO stakeholder shall bo emf. q
led to vote ON n share transferred to q
lin within thirty days preceding an .
lection. The capital stock If the as-
ociation may be increased or decreased K
accordance with the provisions uf II
ectiOn of Act 179 of the General As.
emily OF 1902.
ARTICLE vi. .,
This corporation is authorized 10 com. Al
renee business on September LIST, 1906. ! 9,
which time all of the capital stock
,all be subscribed and paid for in cash. e,
The name and address of the stock 81
olders, together with the amount Of d
ock subscribed by carh, are written G.
Glow by them, or by their duly author "a
ed agent, and shall be- considered ~ n,
cOrpOrated herein. No subscriber W
lall sell his stock without first giving N
ritten notice to the association of his at