The Era-leader., 1913-10-23

words: "WAsHiNGToN BANK e
TRUST COMPANY" and in the centc:
thereof the words: "FRANKL1NTON.
LOUISIANA" around the impression Of
cherry tree.
To name and appoint such managers
and directors to administer its affairs
IS it may be deemed necessary and
proper: and to make and ordain such
bylaws for the proper MANAGEMENT OF
said corporation as may be necessary
and proper and consistent with pro-
visions Of law and this charter. and
the same to repeal. alter and amend;
all citations or other legal processes
in his absence. upon the cashier Of this
corporation.
ARTICLE II.
The objects and purposes for which
this corporation is established. and the
nature of the business to be carried
on by it are hereby declared to be:
To establish and conduct a savings
safe deposit and trust bank. and to do
A general banking business with power
to receive time and demand deposits
to purchase and discount bills. notes
md other evidences Of debt: to buy and
Exchange: to make and negotiate loans:
to lend money on real and personal Sc
curity or property: to receive for de-
Dosit or safekeeping valuables Of every
kind: to receive. hold. purchase. ac-
1uire and convey by and under their
corporate name such property. real and
personal. including bonds. stocks and
OF the United States. or Of any corpora
ton. board or body. public or private
thereof. as may be necessary. proper
or convenient to the object Of the as
ISOLATION. and to exercise In the rela-
tion thereto. and to all direct and Incl
and execute trusts or agencies Of any
and every description. which may be
committed or transferred with their
consent to them by any persons, cor
ooration. board or body public or pri
yate whomsoever. BY any court Of the
state OF Louisiana. or Of the United
To- act as executor. administrator.
syndic. receiver. curator. tutor. trustee
)r assignee. or in any fiduciary rela-
tton or capacity to which by authority
OF law 1t may be appointed by any
;1utt ;fsts. OF this III, State or Of the United
tirm. board. body or corporation, pub
tc or private. to act as trustee, fiscal
)r financial agent for any person, pub
lie or private. board or body or cor
ooration: and without limiting or re-
stSricting 6y Inference or otherwise the
to 90 al and everything pertinent to
md In any wise incidental or necessary
20 said business. and generally to ex-
arctse and enjoy all powers rights and
privileges OF whatever nature as are
now granted corporations Of similar
,naracter by the laws Of Louisiana and
oarticularly under Act IS. session OF
1902. as we'll as such further or other
powers. rights and privileges as NAV
be granted to corporations OF this kind
ARTICLE III.
The capital stock Of this corporation
sum Of Fifty Thousand Dollars $50
10000. divided into and represented
oy five hundred 5000 shares, OF the mar
value Of One Hundred Dollars (SlOO, ,0O)
each. said shares to be issued only for
The names of the shareholders and
Der Of shares held BY each Of them re-
ows: J. B. Lindsiey. Frankiinton, La.
cans; La, sss shares; Frank '. Bald
YIN. New York City. 10 shares: Lucius
Rt1eh.. Retet. Chtcaeo. Ill.,; 20 shares; W. E,
rSo%as Haekey EEve La and ONE ch1r'ss sSass
.ach; F. NJ. Brown. ii. ". Magee. b. II.
McCreary. J. d. Kerr. Burris Bros 1.td
Mrs: Laura Nelms. r. J. Simmons. w
=, Dobson. }. |. Magee and Wiley NJ
Wood. Of Franklinton. La. one share
'ach; Brinker 4 ketcham. d. +. Sher-
M RRlEns 'pa na caTps sWS 13ete ESatns
each; e. B. Jones and Magee w. Ott
sranklintOn. La. three shares each: !
: Brock. Jr.. OF Franklinton. La. five
Transfer Of stock to be made on,v
IN the books Of the corporation by the
proxy and under such rules and regula.
Ions as the Board Of Directors shall
prescribe. '
.ssaiAs-,-
ARTICLE ".
All the corporate powers Of this cor
1oration shall be vested in a Board OF
DIRECTORS to be composed Of eleven
'tockholders. The Board OF Directors
may. from its members. appoint such
.ommlttees as 1t may deem proper, and
'est same with any Of its powers to be
exercised e;a when the Board Is not in ses-
WHEN ,Hh a9S no. Subject Rons to any regulation
soard Of Directors shall prescribe how
'um Of said Board or OF any committee
thereof. provided that quorum shall
oe al ieaest one:third Of the members
y said Board Of Directors. And any
1lrector shall have the right to ap-
oolnt another director or any officer
ot this CORPORATION to represent and
act Tor him at any and all meetings
II the Board of Directors or Of any
committee thereof. of which ht Is a
member. with the same powers as the
in writing and the holder thereof. III
member OF said board or Of a com.
mittee thereof shall vote for himself
md for his principal. The Board OF
Directors shall have authority to fiji
III vacancies existing or occurring in
heir own number or In any other Of
flee from any cause whatever. and the
person so elected shall serve for the
lnexDired term Of such office.
The first Board Of Directors shall
consist Of: j. B. Lindsey. F. NJ. Brown.
D. H. McCreary. G. B. Jones. Lynn
H. Dinkins. and Magee w. OFT.
All Of whom shall serve until the
election hereinafter mentioned on the
'irst Monday Of December. 1914. and
annually thereafter an election for FL
even Directors possessing the quail.
fications required BY law shall be held
1T the domicile OF said CORPORATION at
its banking house. Of which election
zen uO) days previous notice. shall be /,
given by publication in q weekly tours |