The Caldwell watchman. (Columbia, La.) 1885-1946, 1912-10-04
CHARTER.
State Of Louisiana,
Parish of Caldwell.

on this, the 18th day of September, A.
D., 1912, 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 domicile, personally came and ap-
reared the several undersigned per-
sons, whose names are hereuntO SUBJ
scribed, who severally declare and say,
That, availing 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, bind and associate
ourselves, as well as such other per-
SONS as may hereafter become associat-
cd with them, to form and constitute
a corporation and banking association
for the objects and purposes and un-
der articles and stipulations following,
to-wit: Z. ga -
ARTICLE /: ~ 49, ~
The name of the said corporation
shall be "Grayson Baak,"' Of Grayson.
Louisiana, and under, its corporate
name shall have power and authority
to have and enjoy succession for the
fu!l term of fifty years from and after
the date hereof; to contract, sue and
b. sued; plead and be implicated; ap-
pear, answer and prosecute in all courts
of Justice and elsewhere, and to make
and nse a corporate seal, said seal to be
circular in form, and having the imprint
of turning pillow in the center, sur
rounded by the following words:
"Grayson Bank, Grayson, Louisiana, y
and to contain the words, "lncorporat-
ed 1872"
ARTICLE IL. =.
The domicile of said corporation
shall 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. =. 4, a.,. ri:
ARTICLE III.
The objects and purposes Of said
corporation shall be to carry on y gen.
eral banking business in all Of it's
branches and departments as provided
for and authorized by law, and to do
and perform all things necessary for
carrying on said business. >
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 ass6-
citation and as provided by law. . T ;
ARTICLE
This corporation shall have, power ,tb
receive deposits, to discount. buy land
iell promissory notes, bills Of exchange
md other evidences of, Indebtedness,
,;old and silver bOsids Of the United
states of America and Of this State,
md any and all other bonds Of raunici-
BAL and other corporations of this State,
n which bonds there shall have been
a, default in the payment of interest
i)r five years preceding the acquisition
Of the said bonds by this bank; TO loan
money on real or personal security. or
LILY other security provided by law, and
t, exercise all incidental powers neces-
8 Try to carry on. A, general banking
. lsineSS. I
ARTICLE WI. !
This corporation shall have power to
Lime and appoint such officers, mana.
g RS and directors to administer its at.
/. IRIS as may be necessary and proper;
nd to fix the compensation of all per-
: as in it's employment; not less than
t,sree-fourths of said officers, managers
and employees to be citizens Of the
); ate of Louisiana, and all to be- citi.
ms of the United Ssatos Of America.
ARTICLEVII: ~
This corporation shall have power to
d, IKE and ordain such bylaws for the
engagement CT the affairs Of the cor
grafton as may be necessary and prop
e. and in conformity with the law and
t'lese articles of incorporation; to repeal,
d. ter and amend suck bylaws atpleas.
e, and to do all such acts and things
as may be necessary and proper III, or
DER to carry out the purposes for which
his corporation is organized: - !,
This act Of incorporation may be
modified, altered or changed, OF this
c3rporation may be dissolved with the
.ssent of three-fourths of the stock
holders Of said corporation, had at {
General meeting of the stakeholder!
convened for that purpose after thisty
lays notice of said meeting shall have
0een published in the Parish of Caldwell
ind in the City of New Orleans, respect
fully, !.
ARTICLEvIII:
The capital stock Of this bank shall
be and is hereby fixed at Fifteen Thou
sand Dollard ($l5, 900. 0O), divided int,
one hundred and fifty (l50) shares o
One Hundred Dollars $4,000 each
The said bank is authorized to increas.
it capital stock to twenty-five Thou
sand Dollars ($25, 00O.OO) on q two
thirds vote Of the stockholders, afte
thirty days notice by mail and pnbliea
ton in q newspaper published in til,
Parish of Caldwell, Louisiana. 'All sifb
scriptions to stock shall. be-. payable: il
such amounts as the Board Of Director
may resolve and 60 provided by law
The bank may commences operation a
soon as Seven Thousand, Five Hundre'
Dollars ($7, oo.oo) Of the capital, steel