The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-06-11
CHARTER OF THE
BANK OF LOREAUvlLLE,
STATE OF LOUISIANA,
PARISH OF IBERIA

BE IT KNOWN, That on this 2I,l
day Of May, in the year Of ON
Lord One Thousand Nine lIundrrc
and Ten, before ne. !. Y. Prince
a Notary Public III aud 70, the Par
ish Of Iberia. state Of Louisiana
duly commissioned and qualified
and in the presence ~ the wit
nesses hereinafter named and IN
dersigncd,
Personally came and appeared
Messrs. G. y. Bcrard, Geo. i. Fisk
Ed. l.. Fstorgc. Albert Estorge
Louis ". Broussard, Louis Boutte
Hvpolite Breaux, IFlyEse Gonqoulin
sard. J. q. BONN. ". Billeaud, Bill
'eaud Sugar Factory, st Paul Rour-
geois, Frank Reauliru, ! w. Prince
X. y. Stecklcr. Joseph Stcckler, 7
Steckler Seed Go. Ltd, q. !. Chau-
vim, Adrien Gonsoulin, John "
Valet, q. Prick. Anthony Girard
Edmond Broussard, Oscar Molhert
Chas. Mestaver, Jr., Antoine Con
soulin, l.. Il. Leblanc. 6. J. Lafon-
tame, Hazard Vaughn. Edgar
Vaughn, Nnma Y. Breaux, Victor
i'm Crochet. Y. ,Jaubprt, Jr. aud Y
Jaubert, ST., J. &. Leblanc, a, J
Maumus, all citizens Of the state
Of Louisiana. who formally deelar-
ed that awaiting themselves oI
the laws of the state Of Louisiana
in such case made and provided
they have convenated and agreed
and by these presents do convenat
and agree and bind themselves, rs
well as all such other persons az
may hereafter Become associated
with them, to form themselves in
to and Ordain And establish cor
poration and body polite in law,
for the objects and purposes and
upon the agreements and stip.f1a
ton Witnessed by this instrumcnt
ARTICLE |.
The name of this corporation
shall be BANK OF VILE,
with it's domHile at Ioreaasill6
Parish Of IBERIA, state of Letitsi-
ana.
ARTICLE ".
The objects and purposes of this
corporation shall be TO carry on a
general banking and trust business,
and it 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-President,
and, i'm the absence Of the Presi-
dent and the Vice-President, up
on the Cashier.
ARTICLE ".
The Capital stock Of this cor
poration has been fixed at and is
hereby declared to he Twenty
Thousand ($2O,OO0, Dollars, to he
represented by two hundred f2o0)
shares of par value Of One hun
dred (S100.O0) Dollars each, which
shall be paid for in the current
money of the United States
i'm the following manner: One-half
thereof before the Bank shall com
mence business and the remaining
ty (6O) days thereafter, subject to
Section 2.-If any stock holder
shall fail 10 pay within thirty 800
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 be made Wy
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 ALI the corporate pow
ers Of this corporation are here
by vested in and shall be exercised
by a Board of Directors composed
oil Nine ~ stock holders. A major
ity or the members Of the Board
shall constitute quorum for the
transaction of its business.
Section 2.-The first Board Of
Directors shall consist Of Guy A
Shaw. M. D., c. F. Berard, Geo. L.
FISK EuWdIu IL. ESSOI ESs HH''ohS
Girard, L. D. Broussard, J. Q. Bon
in, j, E. Prince and Charles Mestay-
er, Jr., with DIR. Guy A. Shaw. as
President, and with c. F. Berard as
Vice-President. The Directors and
said Officers shall hold office. UNI
til their successors are elected and
qualified at the first general cleo
ton to be held on the End Tues
May Of January, 1911.
Y Section Son the End Tuesday
~ January, 1911, and on the End
Tuesday in January, annually
Hereafter, an election for Nine Di-
}dctors shall be held at the Bank
III house of said Corporation, OF
hich election two weeks notice
Shall be given by publication in a
Newspaper published in said Par
lsh OF iberia, by one weekly in
fsertiOn III said Newspaper, and by
q written notice mailed to each
stock. holder at the address by him
given, or q may be hereafter by
him changed, and mailed to him
ten days prior to such meeting.
The stock holders receiving the
greatest number III vOtsss cast at
such election shall be declared du-
" elected Directors, and snail re-
main n office until their success
sors have been duly elected and
uo6lfffed. Af,lnAiority q the votes
S1 nkn1t n ebeatx 81 elect al!