The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-06-04
CHARTER OF THE
BANK OF L0REAUWLLE.
STATE OF LOUISIANA,
PARISH OF IBERIA

DAY OF May, III the year 81 Gun
Lord One Thousand Nine Hundred
and Ten, before me. y II. Prince,
q Notary Public in AMI FOR he Par
ish Of Iberia. state of Louisiana.
duly commissioned ana qualified
and in the presence Of the Wit
nCsses hereinafter named and un-
dcrsignea,
Personally came and appeared,
Ncssrs H. Y Bcrard, Geo T. Fisk,
Ed. l. Estorgc, Albert Estorge,
Louis - Rroussard Louis Route.
Hypolitc ErcauX, ilyssc Gousoulin.
GUY A. Shaw. NJ. p. NJ. S. Rrous-
sard, J. O. BONN, H. BiIlcnui, lll-
lcaud Sugar Factory, st. Paul Bour-
gcois, Frank Beaulieu J. = Prince
X. ~ Stecklar. Joseph gtccklcr, !
Stcclllcr Seed 60. It'd, O. !. Fhau-
Yin, Adricn Gonsouljn, John T.
Wallet. IL Prick, Anthony Girard.
Edmond Broussard. Oscar Nolhcrt,
Chaa. MESSENGER N. Nntoin" Gnn-
soulin, l.. +. Leblanc. q. j. LaGou-
tame, Hazard Vaughn, Elga
Vaughn, Numa r. HrcauS. victor
IN Crochet. +. Jauhert. IL and ~
Jauhcrt, ST.. ! Ct Leblanc, s.
Naumns. ~, citizens NJ tic st ~
of Louisiana. who formally dcCIaf-
ed that awaiting themanlvaY Of
the laws Of the state Or Luufiana.
in such case made and prfyidrd.
they have conycnated antyagrcei
and by these presents do fonvenat
and agree and bind thcnfcIvos, as
Vel as All such other farsons as
may hereafter hccome/ associated
with them, to form themselves in
TO and drdain and establish 4 cor
poration Aand body Folitic in law,
for the objects and purposes and
upon the agreements and stipula
ton Witnessed by this instrument,
ARTICLE l.
The name Of this corporation
shall hc BANK OF LOREATNfLLE.
with it's domicile IT Lorcauyille,
Parish Of Iberia, State Of Louis-
ana.
ARTICLE II.
The objects and purposes Of this
corporation shall IL 10 carry on Il
general banking and trust business,
and il shall have and possess all
the powers granted to banking as
sociations under the laws of the
State Of Louisiana.
ARTICLE III.
All citations and legal process
shall be served on the President
of said corporation, and, in his ah-
sence, upon the Nice-Prosident,
and, in the absence Of the Presi-
dent and the Vice-Prcsidcnt, up
on the Cashier.
ARTICLE ".
Tho (fopiinJ ctnrIy IF {h,u
roration has been fixed at and IS
hereby declared TO be Twenty
$500, 00G) Dollars, to he
shares of a par value of One hun
dred 100000 Dollars each, which
shall be paid for in the current
money of the United States
in the following manner: One-half
thereof before the Bank shall com
mence business and the remaining
one-half within the space OF Sin
ty (60) days thereafter, subject TO
the call Of the Board of Directors.
Section 2.-If any stock holder
shall fail to pay within thirty (30l |
days the amount Of any calls
made, he shall, at the dis
erection Of the Board of Di-
rectors, forfeit the amount al
ready paid by him to said Corpor-
alton. Calls shall he made by |
notice mailed to each stock holder
at the address by him given at
the date of subscription.
Section 3.-This corporation shall |
have authority to commence bust
ness when all its stock shall have |
been subscribed and fifty per
cent. thereof shall have been paid |
for in cash, and it shall have and |
enjoy corporate succession for fiji |
ty years from and after the date |
thereof.
ARTICLE V.
Section All the corporate pow |
nrs of this corporation are here
by vested in and shall be exercised |
bv Board Of Directors composed |
Of Nine (9) stock holders. A major
ity OF the members Of the Board |
shall constitute quorum for the |
of its business.
Section 2.-Tl,e first Board Of
Directors shall consist of Guy A. |
Shaw, Nj. D., G. +. Bcrard, Geo. /.
Fisk, Edward T. Estorge, Anthony |
(iirard. l.. -. Broussard, j. o. Bon
in. J. i. Prince and Charles Mestay-
pr, Jr., with Or. Guy A. Shaw, as
and with G. F. Berard as |
The Directors and |
said Officers shall hold office I'M
Ill their successors are elected and |
qualified at the first general cleo |
ton to be held on the End Tues |
Iay of January, 1911.
Section 3.-On the End Tuesday |
IN January, 1911, and on the End |
Tuesday in January, annually |
an election for Nine Hi- |
rectors shall be held at the Bank
Ag house Of said Corporation. OF |
mich election two weeks notice |
shall be given by publication in a |
published in said Par
kh of Iberia, by one weekly in |
tertion in said Newspaper, and by |
i written notice mailed TO each |
stock holder at the address by him |
yiven, or as may be hereafter by |
him changed, and mailed to him
EN- DAYS prior to such meeting.
The stock holders receiving the |
greatest number of votes cast at |
such election shall be declared du- |
" elected Directors, and shall re-
main in office until their success
sors have been duly elected and |
qualified. A majority of the votes |
EAST shall be necessary to elect. All |
for Directors, and all |