The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1917-08-16

All of said stock subscribed shall be paid
for in cash before the 1st day of September.
A. D. 1917, and the above and foregoing
shall constitute the original subscription
list for the stock in this corporation and
said bank.
ARTICLE III.
This corporation is organized for the
purpose Of doing general banking business
under the laws of this state. 1t shall have
general banking business not against the
laws of this. state.
ARTICLE w.
Said corporation shall have bank In
operation in the town OF Plain Dealing on
or before the list day Il September, 1917,
with paid up capital of not less than
Fifteen Thousand Dollars x15,000.O01.
which shall continue its existence for
period of fifty 500 years from date thereof,
unless sooner dissolved by liquidation, as
provided by law. All legal services shall be
made on this corporation as provided by law.
ARTICLE v.
This corporation shall be managed by a
Board of Directors elected from the stock
holders, who shall also be citizens OF this
state, to be elected by ballot on the second
Tuesday, of the month OF January of each
year: the next election to be held on the
same day each year Thereafter.
Said Board of Directors shall hold Office
for one year, or until their successors are
duly elected and qualified, and a failure to
meet and elect directors shall not dissolve
this corporation, but the incumbent direct
ors shall hold over until their successors
are duly elected and qualified.
There shall not he less than seven "a
directors. nor over fifteen isl. said num-
IN Mt
for the porposc OF transactfng business, five
of said directors present and acting shall
constitute quorum Mt any meeting.
All elections shall be conducted by ballot
and the number of directors agreed upon
shall be elected who receive the highest
number Of votes ut the election.
The said Board Of Directors shall elect
from their number a President, vicepresi-
dent and Cashier. The said Board OF d.
rrctors shall have power to I'LL vcancies on
the board.
ARTICLE VI.
The Board Of Directors may make and
Ortlain such bylaws for the proper manage
mcnt Of this corporation as may be neces-
sary and proper In conformity with law,
and repeal said bylaws ut pleasure The
stock of this corporation shall be trins
| fcrahlc only on the books OF the corpora
| tion and will not be transferred until all
lndcbtedneSS TO the corporation Uy the per
son In whose name the stock is standing IN
the books has been paid or satisfied, and
NIL stock In this company shall be liable tx
/ 1t for any indebtedness Of the person own
ing said stock or the person in whose name
/ 1t stands.
ARTICLE VII.
/ This net Of Incorporation may be chang
ed, modified or altered, ind the capfta
stock Of same be increased or decreased
and the par value Of the shares, t0gcthei
4 with the number Of same. may be likewis,
| increased or decreased. or the corporation
may be dissolved by and according to til,
following provisions By a special mectin,
| of the stockholders convened Tor that pur
pose after thirty ta0D days prior notice b.
publication In a weekly paper published Il
| the Parish Of Eossicr, and written notice t
each stakeholder ten (l0) days prior t,
such meeting, with the consent of two
thirds of the paid up capital stock OF tn
corporation.
i ARTICLE VIII.
4 No stOekholdcr of this corporation sllal
ever be held liable or responsible for til
contracts or faults OF said corporation Il
any further sum than the unpaid balanc