St. Tammany farmer., 1911-02-18
AMENDMENT TO CHARTER.
State of Louisiana,
Parish of ST. Tammany.

oIdte Oh Louisiana,
Parish of st. Tammany.
Be it known, that on this, the / It'll
day of January, 1911, before me
Lewis u. Morgan, notary public
in and for the parish of St. Tam
many, State of Louisiana, and in tn,
presence of the witnesses hereinafter
named and undersigned, personally
came and appeared first, H. J. Smith
president, and Thos. M. Burns, sec
retary, of the Peoples Building ant
Loan Association, who declared thai
a general meeting of the stockhold
ers OF the said Peoples Building and
Loan Association was convened al
their office in the town of Covington
La, on the Sd day of January, 1911
after due notice of said meeting had
been given publication in the St
Iammany Farmer, a newspaper pub
llshed in the parish Of St. Tammany
La, for and during ten (10) con-
tluous days preceding said meet
ing; that said notice set out the
said purpose and object Of said
meeting; that the same had been
called to determine whether or not
the charter of said corporation
should be amended by reducing the
number of board of directors Of said
corporation from eleven (11) stock
holders to seven CD stockholders
That on the above date, the meeting
convened and there was present or
represented more than two-thirds of
the capital stock of said corporation,
and by a vote of more than two
thirds of the capital stock, Article v
OF this charter Of the said Peoples
Building and Loan Association, was
amended so as to read as follows:
ARTICLE v.
All the powers of this corporation
shall be exercised by board of di-
rectors composed of seven stock
holders; said directors to be elected
at a general meeting convened for
that purpose on the first Tuesday
of January, each year, commencing
on the first Tuesday in January,
1912; notice of such meeting shall
be published in a newspaper of st.
Tammany and Washington Parishes,
for the space of ten days immediate
ly preceding said election; said elec-
tion shall be by ballot at the domicile
of this corporation under the super
vision of three commissioners, stock
holders appointed by the board Of
directors at the last preceding meet
ing; each share of stock is entitled
to one vote, and the stockholders
receiving a majority of the votes
cast shall be elected; failure to hold
an election on the day specified shall
not dissolve this corporation, but the
directors in Office shall hold power
until an election be held after ten
days notice of the time and place
thereof; the directors shall elect
from their number president and
a vice president; majority of the
directors shall be quorum for the
transaction of business; all vancan-
members of said board of directors;
the directors shall select and appoint
q secretary, treasurer, an attorney
and a notary and such other officers
as shall be necessary, but no salary
shall be paid except to the secretary;
the directors shall have power to
make bylaws, to select place of
meeting, to suspend any and all Of
ficers; and have general authority
20 carry out the objects and business
IF the association, but they shall not
have power to purchase real estate
except for cash, nor contract any
in excess of amount of
cash on hand. The following named
persons shall constitute the board
Of directors to serve until the regu-
ar meeting in January, 1912, or
until their successors are elected, to-
P. Planche, CASTOR Galmiche, Thos.
VI. Burns, C. v. Guave and Paul ].
Laborde.
Thus done and passed in my Office
n the town of Covington, Parish of
st. Tammany Louisiana, the day,
month and year first above written, |
n the presence of w. E. Blossman
md Walter Galatas, who hereunto |
signed their named with the appear
ers and me, said notary, after dxe
'eading of the whole.
H. J. SMITH, President.
THOS. M. BURNS, Secretary. |
LEWIS L. MORGAN,
Notary Public. |
Witnesses:
". E. BLOSSMAN.
WALTER GALATAS.
State of Louisiana,
Parish of St.: Tammany,
The above and foregoing amend
nent to the charter of the Peoples |
and Loan Association, hav-
ng been presented to me for ap-
,roval and having examined the
anne, and finding none of it's pro-
Tisions contrary to the constitution |
md laws of the State of Louisiana,
t is hereby approved.
LEWIS L. MORGAN,
District Attorney of the 26th |
T. Judicial District Court, in |
and for the Parish of ST. |
Tammany, State of Louisi- |
ana.
l hereby certify that the annexed
md foregoing amendment to the
,harter of the Peoples Building and |
Loan Association was filed for record
IN the Goth of January, A. D., 1911,
md was duly recorded in Mortgage
Book "R," folio rs, on the Sd day
If February, 1911.
w. E. BLOssMAN,
Deputy Clerk and EX-Ofnc1O
Recorder, st. Tammany Par
ish, Louisiana. u
succession of Stephen D. Bateman,
No. 521.
rwenty-Sixth Judicial District Court,
Parish of St. Tammany, State of
Louisiana.
By virtue of and in pursuance
IF an order of sale from the