St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-01-08
AMENDMENT TO CHARTER
of the
ST. TANlAlANY BANKING co. e
SAVINGS BANK.
State Of Louisiana, Parish Of St.
Tammany.

Tammany.
Be il known that on this 10th day
of December, A. D., 1915. before me
Karl J. Kohnke, q Notary Public
within and for the parish Of St
Tammany, State Of Louisiana, and
in the presence OF the undersigned
witnesses. personally came and ap.
peared. Clarence E. Schonberg and
Jacob Seller. residents of said par
ish, to me personally known, who de-
clared that the said Clarence E.
Schonberg was chairman and the
said Jacob Seller was the secretary
of a meeting Of the stockholders OF
the st. Tammany Banking Co. &
savings Bank held at the Office Of
said Banking Company at Covingt0n,
Louisiana, the domicile OF said COR
poration, on the 9TH day Of Decem-
Der, 1915, pursuant to resolution
Of the Board Of Directors Of said cor
poration on October 81, 1916. call
ing said meeting, and after due
notice having been given the stock
holders of said corporation by thirty
days publication in the st. Tammany
Farmer, weekly newspaper pu0-
lished in the town Of Covlngton. La,
in accordance with the charter OF
said corporation, and that at said
meeting there were q total of three
hundred and sixty-two (362) out +
tive hundred $500 shares present or
represented by written proxy;
And appearers declared that 1t
such meeting of such stockholders a
resolution was adopted by the unani-
nous vote Of all the stockholders
present and represented, that Article
l and II of the Articles Of Incor-
poration Of said corporation should
be amended, and said Articles were
duly amended SO as to read as fol-
lows:
ARTICLE /.
The name and title OF this corpor-
alton shall be St. Tammany Bank &
Trust Company, and its domicile is
hereby declared to be and il estab-
lished in the town of Covington,
Louisiana.
1t shall b. We and use a corporate
seal, circular In form and containing
the inscription ''St. Tammany Bank
& Trust Company. Covington, La
which seal may be altered or chang
ed at the pleasure Of the Board of
Directors Of his corporation.
The President, or in his absence
or inability, the First Vice President,
or In the absence or inability Of
both, the Cashier of said bank, is
hereby designated as the officer upon
whom citation or other legal process
shall be served.
ARTICLE II.
The purpose for which this cor
its business, and the power and au-
thority it shall exercise, are hereby |
declared to be: To receive money
On deposit and to pay the same in |
current funds on CHI .cks of deposit |
DTS; to discount, buy and sell prom
lssory notes Al bills OF exchange |
md other evidences Of debit: to buy, |
hold and sell stocks, bonds, gold and |
silver bullion and foreign coin; to
receive securities and valuables for |
safe keeping on such terms as may |
be agreed upon; to hold, receive,
ease. pledge ~and convey personal
both for its own use and !
oenefit,and also as agent and trustee;
to acquire, hold and convey real es-
tate for the purpose aud objects ex-
pressly allowed by law. and subject
to the limitations imposed by law;
to lend money on personal, or other
legal security, at legal rates Of in
terest; to accept and execute trusts
Or agencies OF any kind and every
description which may be committed
Or transferred with its consent to it
BY any person or persons, corpora
lion, board or body. public or pri-
Vate, whomsoever, or by any court
of the State Of Louisiana, or Of the
United States, or Of any one Of the
United States; to q t 90 executor,
syndic. receiver, GU
rator, tutor, trustee or assignee, in
he same manner and to the same
extent and under the same condi-
ions that natural persons may be
20 appointed, all in accordance with
aw; and to exercise all powers nee
,ssary or Incidental to the business
II banking. incl ding the right to
rave q separate /. nd special savings
department., and IN such department
o pay such interest on deposits and
It such times - may hereafter be