The southern sentinel., 1907-07-12
AMENDMENTS To THE CHARTER OF
. BANK OF WINFIELD
United States or America
state of Louisiana
Parish Of Winn

United States OF America
| state of Louisiana
Parish of Winn } %
Be II known, that on this the 5th day of July
One Thousand Nine Hundred and Seven
before me, John Henry Mathews, a Notary
Public, duly commissioned and qualified in
and for the Parish of winn, State of Louis lana
and in the presence of the witnesses herein
after named and undersigned person ally came
and appeared Henry I. Pye, Presidett of and
b. L. Anderson, Assistant Cashier of the Bank
Of WINFIELD, a banking corporation duly
incorporated under the laws of the State OF
Louisiana and domiciled in Wonnfield, Winn
Parish, Louisiana, created by an act passed
before c. NJ. Bevill, Deputy Clerk Of the Fifth
Judicial District Court and Ex-officio Notary
Public in and for the Parish of winn, on the
9th day of February, 1901, said act being duly
recorded in the Mortgage Office OF this Parish
in Book "C'', Folio 45S, who declared that pur-
suant to q unanimous resolution OF the stock
holders OF the said bank adopted at n special
meeting held at the office OF said bank on the
4th day of July. 1907. for the purpose OF in
creasing the capital stock of said bank and
amending Article OF the charter of said bank
so rs 10 conform TO the same, and for the pur
pose of increasing the number oi directors of
said bank and amending article Nv Of the
charter of said bank so as to conform to the
same, at which meeting more than two-thirds
OF the capital stock of said bank was present
aud represented, and due and legal notice of
said meeting having been given a duly certified
copy of said resolution being hereto annexed
part hereof. they the said appearels in
their eaid capacity were authorized and in
structed to carry the resolution INTO effect and
place the said amendments on record as
required by law.
Now, said appearers acting as aforesaid.
under instructions and authority Of the stock
holders of the said company, do hereby declare
that Article Of said Act Of Incorporation Of
the Bank Of winnheid has been duly altered
and amended and the same Exchanged 50 that
hereafter said article shall read as follows,
to-yit:
ARTICLE I.
"rhe name and title of this corporation shall
be Bank of WINFIELD. It's domicile and
place Of doing business shall be in the Town of
WINFIELD, Parish Of winn, State OF Louisiana
Its capital stock shall be One Hundred and
Fifty Thousand Dollars, divided into and req
resented by Three Thousand Shares at Fifty
Dollars each. The said bank shall have the
right to commence doing business under this
charter when One Thousand and Five Hundred
Shares Of ITS capital stock shall have been
subscribed and paid for. The stock of this cor
poration not subscribed for when this charter
goes into effect, may be issued by the vote of
two-thirds Of the entire Board of Directors, ON
terms md conditions to be fixed by said board,
provided that the stockholders Of this cor
poration at the date of issue OF said stock
shall have the first privilege of subscribing to
saic stock. each in proportion to the number of
shares owned by him or her"
ARTICLE Nv.
And said appearers, acting as aforesaid
under instructions and authority of the stock
holders of the said Bank of wipnheld. do |
hereby declare that said Article Nv Of said Act |
,f incorporation of the Bank of Winfield has |
been duly altered and amended and the same |
$ changed so that said article shall read as |
ollows, to-wit:
"sait Bank shall be managed by q board Of |
eleven directors, who shall be citizens OF this /
state and actual stockholders OF this bank. " |
,e elected By ballot the first Monday in
Iune. lsu2, and annually thereafter. The said
Sosrd OF Directors shall hold ofhce for the
'eriod OF one year or until their successors are
luiy elected and qualified, but a failure TO
lect shall not dissolve this corporation, but
he incumbent directors in case Of failure TO
lect shall hold over until the next annual
lection, or until their successors are duly
lected and qualified.
"Ali elections shall be conducted under the
supervision Of three stockholders to be ap-
ointed by the President for that pui pose. In
ase one or more of the commissioners thus
ppointed should fail to act the President
hall appoint other stockholders to fill the
scancy. The eleven stockholders receiving
he highest number Of votes shall be declared
lected.
..The said Board OF Directors shall elect
rom their number . President vice-Pres-
dent. End Vice President and Cashier or Sec
etary and Treasurer, and such other officers
s may be necessary to conduct the business.
The said Board of Directors shall have
over to MI vacancies appearing on the
oard.<
hereby subscribe for the number Of shares
I the increased capital stock Of the Bank Of
Winfield 1t seventy-f five dollars per share. | 4
Eenty- hve dollars Of each share to be placed J
the credit Of the said stock In the surplus
ind: