The Caldwell watchman. (Columbia, La.) 1885-1946, 1912-10-18
CHARTER.
State of Louisiana,
Parish Of Caldwell.

DLdIc VI LOulSioIid,
Parish of Caldwell.
Be it known and remembered, That
on this, the 18th day Of September, A.
D., 1872, before me- R. r. Reddit, a
duly qualified and acting Notary Pub
lie. in and for the Parish of Caldwell,
State of Louisiana, and in presence of
the undersigned witnesses Of legal age
and domiciIe, personally came and APP
reared the several undersigned per-
sons, whose names are hereunto sub
scrbed, who severaily declare and say,
That, awaiting themselves Of the laws
OF the State of Louisiana, in such cases
provided, they have contracted and
agreed, and by these presents do cove
nant and agree, bird and associate
ourselves, as well as such other per-
sons as may hereafter become assoeiat-
ed with them, to form and constitute
a corporation and banking association
for the objects and purposes and I'M
der articles and stpulations following,
to-Wit:
ARTICLE |.
The name of the said corporation
Shall be "Grayson Bank" Of Grayson.
Louisiana, and under it's corporate
name shall have power and authority
TO have and enjoy succession for the
fall term of fifty years from and after
the date hereof; to contract, sue and
b. sued: plead and be implicated; ap-
p.ar. answer and prosecute in all courts
of Justice and elsewhere, and to make
and nse corporate seal, said seal to be
circular in form, and having the imprint
of a turning plow in the center, sur
rounded by the following words:
"Grayson Bank, Grayson, Louisiana, y
and to contain the words, "lncorporat-
ed 1872"
ARTICLE II.
The domicile of said corporation
shah be at Grayson, Louisiana, in the
Parish of Caldwell, and all citations
and other legal process shall be served
upon the President of said corporation
at it's domicile, or in the event of his
absence, upon the Vice President, or
in the absence of both. upon the Cashier
of said corporation.
ARTICLE III.
The objects and purposes Of said
corporation shall be to carry on gen
eral banking business in all of its
branches and departments as provided
fer and authorized by law, and to do
and perform all things necessary for
carrvinu IN said husirass
ARTICLE w.
The said corporation shall have pow
er to hold, receive, purchase and con-
vey, by and in their corporate name,
such property, real and personal, as
may be necessary and proper to the
objects and purposes of the said asso-
ciation and as provided by law. '
ARTICLE
This corporation shall have power to
receive deposits, to discount, buy and
sell promissory notes, bills of exchange
and other evidences of indebtedness,
gold and silver bonds of the United
States Of America and of this State,
and any and all other bonds of munich
pal and other corporations of this State,
on which bonds there shall have been
no default in the payment of interest
for five years preceding the acquisition
of the said bonds by this bank; to loan
money on real or personal security, or
any other security provided by law, and
to exercise all incidental powers %neces-
sary to carry on a general banking
business. "A
ARTICLE vi.
This corporation shall have power to
name and appoint such officers, mana
gers and directors to administer it's af-
fairs as may be necessary and proper;
and to fix the compensation of all per-
sons in its employment; not less than
three-fourths Of said officers, managers
and employees to be citizens of the
State Of Louisiana, and all to be ciUi-
zens Of the United Statosrof America.
ARTICLE
This corporation shall have power to
make and ordain such by-laws for the
management CT the affairs of the cor
poration as may be necessary and prop
er and in conformity with the law and
these articles Of Incorporation; to repeal,
alter and amend such bylaws atpleas-
ure, and to do all such acts and things
as may be necessary and proper in Or
der to carry out the purposes for which
this corporation is organized.
This act of incorporation may be
modified. altered or changed, or this
corporation may be dissolved with the
assent of three-fourths of the stock
holders of said corporation, had at a
general meeting of the stockholders
convened for that purpose after thirty
days notice Of said meeting shall have
been published in the Parish of Caldwell
and in the City Of New Orleans, respect
fully,
ARTICLE VIII.
The capital stock of this bank shall
be and is hereby fixed at Fifteen Thou
sand Dollard ($l5, 000.00), divided int
one hundred and fifty Q50) shares Of
One Hundred Dollars ($l00. 00) each
The said bank is authorized to increase
it capital stock to Twenty-Five Thou
sand Dollars ($25, 0OG.0O) on a two
thirds vote of the stockholders, afta
thirty days notice by snail and publiea
ton in newspaper published in tn
Parish of Caldwell, Louisiana. All sub
scriptions to stock shall be payable il
such amounts as the Board Of DIRECTOR
may resolve and as provided by law
The bank may commence operation al
co>~, nv Ca~rr Thoy,oooJ E,,o u,ol~o,