St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-01-27
AMENDMENT TO THE CHARTER
of the
CONVICTION BANK & TRUST
COMPANY.
United States Of America, State o
Louisiana, Parish of
st. Tammany.

0Ls A0AAAoAys
Be it known that on this 9th da!
OF January, A. D., 1917, before me
Thos. M. Burns. a Notary Public
duly qualified in and for the parish
and State aforesaid, and in the pres
ence OF the witnesses hereinafter
named and undersigned, personally
came and appeared:
/. T.. G. Davis, President, and,
2. Robert II. Dutsch, Cashier,
of the Covington Bank & Trust Com
pany, who declared that at genera
meeting OF the stockholders OF the
Coyington Bank & Trust Company
duly convened at its banking house
in the town Of Covington, Louisiana
on January 3. 1917. after due notice
of said meeting had been given BY
publication in The st. TammanJ
Farmer. newspaper published II
the parish of st. Tammany. Tor anc
during thirty days continuously pre-
ceding said meeting; that due writ
ten notice to each stakeholder OF sale
corporation had also been seasOnablJ
mailed to him at his postottice; thai
both OF said notices set out the salo
purposes and objects. as we'll as the
time and place of said meeting; thai
the same had been called TOR the
purpose Of amending Article V OF
the Amended Charter Of the Coving'
ton Bank & Trust Company.
That on the above said date the
meeting convened, and there was
present or represented. more thar
two-thirds of the capital stock OF
said corporation, and by vote Of
more than two-thirds of the capita
stock, Article v Of the Amended
Charter of the Coyington Bank 4
Trust Company was amended, SO al
to be made to read as follows:
ARTICLE v.
"Its affairs shall be managed by 9
Board Of Directors, consisting OF moi
less than nine 60 nor more than
nfteen (15) shareholders. five 60
of whom shall constitutea quorum
TO do business; the number OF the
Board shall be fixed, from time te
time, by the Board Of Directors; thai
the Board OF Directors shall be elect
ed ON the second Tuesday in Janu-
airy, 1917, and on the same date eacl
year thereafter, there shall be elect
ed q Board Of Directors annually
The election shall be by ballot ant
conducted by three CD commission
ers, appointed by the Board OF IN
rectors. Notice of such election
shall be given by publication, no.
less than ten (1O) days prior to sucl
election, in one OF the newspapers
published In the town Of Covington
Each holder OF stock shall be en-
titled to one vote for each share o.
stock standing in his name on the
books OF the Bank, to be cast in
person or by proxy, and the majority
Of the votes cast shall elect.
Any vacancy on the Board of Di
rectors. shall be filled by the remain
ing Directors. A failure to elect Di
rectors on the above date specified
shall not dissolve the corporation
but the Directors then in office sht,
remain in office until their success
orU are elected and qualified. ant
shall cause another election to b
held as soon as possible thereafter
after notice has been published a
above provided. The first Board o
Directors elected under this Amend
ed Charter and the Boards there
after elected, shall elect from thei
own number by ballot, q President
and a. many Vice-Presidents as tn
bylaws shall direct. Said Board o
Directors may appoint from time t.
time, such officers, agents, or clerk
and other employees as they ma.
deem necessary for the purpose ant
business of said corporation, Wit
shall hold Office at the pleasure o
the Board OF Directors. The sail
Board Of Directors may make AM
establish, as well as alter and amend
any such bylaws, rules and regula
lions, necessary and prope- Tor tn
conduct and management OF tn
business and affairs Of said corpora
ton. All the powers OF this cor
poratdon are hereby vested in tn
Board OF Directors, except thos
specially reserve by law and by thi
charter to the stockholders. TIL
Cashier appointed by the Board o
Directors shall be custodian Of tn
seal on which shall be engraved
"COVINGTON BANK & TRUS1
COMPANY. Corporation Seal, Gov
mgton. La"
Thus done and passed in my offic
In the town OF Covington, Parish o
st. Tammany, Louisiana, the day
month and year first above written
in the presence of T. e. Brewster
and Warren Thomas, both competen
witnesses, residing in the Parish o
st. Tammany, who have hereunt'
signed their names with the said ap
bearers, and me, Notary, after du'
reading of the whole.
e. G. DAVIS,
President.
r. II. DUTSCH,
Cashier.
Witnesses:
T. E. BREWSTER. &s
WARREN THOMAS.
THOS. NJ. BURNS.
Notary Public.
I, the undersigned by. Clerk AMI
Recorder of Mortgages, in and fol
Parish OF St. Tammany, Louisiana
do hereby certify that the above ant
foregoing act of Amendment of thu
Charter Of the Covington Bank &
Trust Company. was this day dull.
recorded in my office in Charter
Book /. folios-
Covington, La, January 10th, A
D., 1917. Q
w. E. BIOSSMAN,
Dy. Clerk and Ex-Officio Recorder
State of Louisiana,