St. Tammany farmer., 1918-10-12

A true copy.
WIOS. n. BURNS,
Notary Public.
I hereby certify that this charter
was field for record on October l,
1918, and recorded In Conveyance
Book No. l, page 158. etc.
W. E. BLOSSHAN,
oc5-6t Dy. Clerk of Court.
CHARTER
COMMERCIAL RANK Z TRUST
COMPANY.
United Statee of America, State of
Louisiana, Parish Of
st. Tammany.
Be it remembered that on this
goth 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 Of
the State Of Louisiana, In such cases
made and provided, and particularly
those laws relative to the organtza-
ton of corporations. banks, savings
banks, cafe deposit banks and trust
companies, they have covenanted and
agreed and by these presents do COW
enant, agree and bind themselves. IS
we'll as such persons as hereafter
may become associated with them.
and their successors, to form, Or
dain and establish q 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 Loutsi-
ana which now are in force or which
hereafter may be enacted, and under
the following agreement, to-wit:
ARTICLE !.
The name and title Of this cor
poration shall be the
''COmmerciA Bank = Trust
Company
Its domicile and principal place OF
business shall be In the town Of Gov
ington, St. Tammany parish, L0utai-
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 its corporate
name for q period Of ninety-nine
years from date hereof, unelss dis
solved sooner by action of Its stock
holders az provided for herein. or
otherwise terminated in accordance
with law. All citationa or other
legal processes shall Be served on the
president of this corporation and in
his absence on the vico-Dresident,
who Is acting ~ president, or In hts
absence on the cashier, or - other
wise provided by law.
ARTICLE II.
The objects and purposes for which
this corporation is established are
hereby declared to be that OF con-
Quoting q savings, safe deposit and
trust banking business In accordance
with the laws Of the State Of Louisi-
ana and particularly Act 179 Of 1902
and Act IS Of 1902 and the amend
menta thereto. 1t shall have power
to sue and be sued: to make any and
all contracts and transactions neces-
sary or incidental to the conduct OF
its 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 the
State Of Louisiana which are now In
force or which hereafter may become
enacted. This corporation 10 au-
thorized to make and use = corporate
seal which shall be circular In form
and bearing the inscription
Commercial Bank and Trust
Company"
and this seal may bo altered at the
pleasure of the Board of Directors Of
this corporation.
ARTICLE III.
The capital stock of this corpora
ton is fixed hereby at Fifty Thousan0
($5O,OOO.O0) Dollars, divided into
five hunderd (50O) shares OF l.s
par value Of One Hundred 100000
Dollars each, but the same may h
increased or decreased by amen
ment to these articles in accOrdan
with law. The subscribed capita
stock shall be payable on the call
the Board of Directors named here
and the corporation shall be auihO,
lied to commence business when 1t
capital stock shall have been paid in
| lawful money OF the United States.
Shares Of stock Of this corporation
shall be represented by certificates
ksigned by the President and Cashier
and sealed with the seal Of the cor
poration. In the absence Of the
president they shall be signed by the
vice-president who Il acting - presi-
dent, and In the absence Of the cash
Ter by the assistant cashier or other