St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-10-19
CHARTER
Of tho
COMMERCIAL BANK q TRUST
COMPANY.
United Statea of America, State o
Louisiana, Parish of
st. Tammany.

ST. Iammany.
Be it remembered that on this
3Oth day of September. 1918. be
fore me, Lewis Lowering Morgan,
Notary Public. duly commissioned.
and qualified, in and for the State
and parish aforesaid, in the presence
OF the witnesses hereinafter named
and undersigned, personally came
and appeared the several persons
whose names are hereunto subscrib-
ed as stockholders, who declare that
availing themselves OF the laws OK
the State of Louisiana, in such cases
made and provided. and particularly
those laws relative to the organiza-
ton OF corporations. banks. savings
banks, cafe deposit banks and trust
companies. they have covenanted and
agreed and BY these presents do Gov
enant, agree and bind themselves. as
we'll as such persons as hereafter
may become associated with them,
and their successors, to form. or
dain and establish corporation and
body polite in law, which shall be .
banking corporation for the purpose
and business, as herein set forth. and
otherwise provided for by law, with
all the powers granted to such bank
ing corporations and trust companies
by the laws Of the State OF Louisl-
ana which now are in force or wh1cn
hereafter may be enacted. and under
the following articles OF agreement,
to-Wit:
ARTICLE l.
The name and title Of this cor
poration shall be the
Commercial Bank = Trust
Company
Its dOmicile and principal place Of
business shall be in the town OF Gov
ington, St. Tammany parish. Louisi'
ana. but it shall have power to e.
tablish one or more branches OF dis
count and deposit within the limits
of said parish. It shall endure and
enjoy succession under It's corporate
name for q period Of ninety-nin<
years from data hereof. anelss dis
solved sooner by action Of its stock
holders as provided for herein. Of
otherwise terminated in accordance
with law. All citations or othel
legal processes shall be served on tn
president of this corporation and II
his absence ON the vice-president
who is acting as president. or In hi
absence on the cashier, or ~ other
wise provided BY law.
ARTICLE II.
The objects and purposes for which
this corporation Ia esta bliahed ar
hereby declared to be that of con
Quoting q savings, safe deposit ant
trust banking business In accordance
with the laws of the State OF Louisi
ana and particularly Act 179 OF 1870
and Act IS Of 1902 and tho amend
menta thereto. 1t shall have powe
to sue and be sued: to make any AM
all contracts and transactions neces
sary or incidental to the conduct Q
it's business, and in general to ex
ercise all the rights, powers and priv
ileges granted to such corporations
or not prohibited by the Laws Of tn
State of Louisiana which are now Il
force or which hereafter may becom
enacted. This corporation Ii au
thorized to make and use corporal
seal which shall be circular In forr
and bearing the inscription
Commercial Bank and Trust
Company"
and this seal may be altered at tn
pleasure of the Board of Directors Q
this corporation.
ARTICLE Ill.
The capital stock of this corpora
ton is fixed hereby at Fifty Thousan
($5O,OOO.OO) Dollars, divided int
| five hunderd 5000 shares OF tn
par value of One Hundred 100000
Dollars each, but the same may b
increased or decreased by ament
ment to these articles in accordanc
with law. The subscribed capits
stock shall be payable on the call
the Board Of Directors named here
and the corporation shall be author
lied to commence business when II
capital stock shall have been paid /
lawful money of the United State
Shares of stock Of this corp0ratio
shall be represented by certificate
signed by the President and Cashi<
ana sealed with the seal Of the co..
poration. In the absence Of th
president they shall be signed BY th
vice-president who - acting - pres
!. dent, and in the absence Of the casl
, Ter by the assistant cashier or oth(
!. person acting % such. Transfers