The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-11-10
CHARTER
OF
The st. Mary Bank and Trust Go.
STATE OF LOUISIANA. !

PARISH OF ST. MARY
Be it 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 as such. AMI
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
ISOLATED with them to form u body cor
porate in law for the objects herein set
forth, and under the articles and stipn-
lations following, to-wit:
ARTICLE l.
The name and title Of this banking
association shall be ''THE ST. MARY
BANK AND TRUST COMPANY. and
under its corporate name il shall have
and enjoy succession for the period Of
ninety -nine years from September 1sl,
1906.
ARTICLE II.
This organization shall have and |
possess all powers granted banking as
sOciatioDs, savings. safe deposit, and |
trust banks, under the provisions of the
laws of the State Of Louisiana.
ARTICLE ILL.,
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 w.
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 ".
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 !,
n addition thereto there shall be sur.
)lus fund of Twenty five Thousand Dol
ars. Each Of the original subscribers a
ball at the time his stock is issued pay y
n an additional amount equal to twenty !
i've per cent. of his subscription for the
urpOse of creating II surplus fund of
twenty Thousand Dollars, for which 2
dditional subscription no certificate will 9
'sue. Said stock shall be represented =
Y certificates Of stock, signed by the p
resident, or acting President. and the \
asher, and sealed with the seal of this ~
,rporation. Stock shall be transferred ~
q the books of the corporation only. OF
q the surrender, or upon proof Of loss, :"
: transfer Of the outstanding certii- W W
ties, and no stakeholder shall be cnt- al
I'd to vote IN a share transferred to 10
IN within thirty days preceding an
ection. The capital stock Of the AS
citation may be increased or decreased co
accordance with the provisions of AN
ctiOn of Act l79 of the General AS So
mbly Of 1902.
ARTICLE vi. tic
This corporation is authorized to COM st
nee business on September LIST, 1906, pr,
which time all Of the capital stock Ga
al BE- subscribed and paid for in cash. Inv
| ne name ana address Oi the stock Uni
|dsss, together with the amount Of vii