The southern sentinel. (Winnfield, La.) 1883-1910, 1907-08-16
AMENDMENTS TO THE CHARTER OF
BANK OF WINFIELD
United States of America
State of Louisiana
Parish of WiDn

State OF Louisiana
Parish of Winn }
Be it known. that on this the 5th day of July.
One Thousand Nine Hundred aud Seven.
before me, John Henry Mathews, a Notary
Public, duly commissioned and qualified in
and Tor the Parish of Winn. State OF Louis lana,
andlin the presence of the witnesses herein
after named and undersigned personally came
and appeared Henry T. Pye, President 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 Winfield, Winn
Parish, Louisiana, created by an act passed
before q. NJ. Bevill, Deputy Clerk of the Fifth
Judicial District Court and Ex-officio Notary
Public in and for the Parish OF VIM, on the
oth day OF February, 1901, said act being duly
recorded in the Mortgage Office of this Parish
IN Book &c. Folio 356, who declared that pur-
suant TO a unanimous resolution of the stock
holders of the said bank adopted at a special
meeting held at the Office of said bank ON the
4tn 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 as to conform 10 the same and for the pur-
pose Of increasing the number of directors of
said bank and amending article ~ 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
and represented, and due and legal notice OF
said meeting having been given. a duly certified
copy OF said resolution being hereto annexed
as part hereof, they the said appeareIs in
their said capacity were authorized and in
structed to carry the resolution INTO effect aid
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 WINFIELD has been duly altered
and amended and the same is changed SO that
hereafter said article shall read as follows,
to-wit:
ARTICLE I.
"The name and title OF this corporation shall
nN FAAIl
place OF doing business shall be in the Town of
Winnfield, Parish OF VIM, State OF Louisiana.
rs capital stock shall be One Hundred and
Fifty Thousand Dollars, divided into and rep
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 ard paid for. The stock of this cor
poratlon 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 End 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
sale stock, each in proportion to the number of
shares owned by him or her."
ARTICLE ".
And said appearers, acting as aforesaid
under instructions and authority of the stock
holders of the said Bank of WINFIELD, do
hereby declare that said Article Nv of said Act |
Of Incorporation of the Bank Of WINFIELD has
been duly altered aud amended and the same
is changed so that said article shall read as
follows, to-wit:
''Saic Bank shall be managed by a board of
eleven directors, who shall be citizens Of this |
State and actual stockholders of this bank. TO |
be elected by a ballot ON the first Monday in |
June, 1902, and annually thereafter. The said |
Board of Directors shall hold Office for the |
period of one year or until their successors are
duly elected and qualified but failure TO |
elect shall not dissolve this corporation, but |
the incumbent directors in case of failure to |
elect shall hold over until the next annual /
e lection, or until their successors are duly |
elected and qualified.
"All elections shall be conducted under the |
of three stockholders to be ap- |
pointed by the President Tor that purpose. In /
case one or more of the commissioners thus |
appointed should fail to act the President |
shall appoint other stockholders to ill the /
The eleven stockholders receiving /
the highest number of votes shall be declared |
elected.
.sThe said Board OF Directors shall elect |
from their number President, Vice-Pre /
ldent, End Vice-President and Cashier or Sec /
rotary and Treasurer, and such other officers |
Is may be necessary TO conduct the business. :
THE said Board OF Directors shall have /
power to- fill vacancies appearing on the |
board"
hereby subscribe for the number Of shares /
Of the increased capital stock OF the Bank of /
at seventy-five dollars per share /
twenty i've dollars of each share TO be placed /
10 the credit VI the said stock in the surplus /
'und: