St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-11-09


l 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. BIIOSSHAN,
oc5-6t by. Clerk of Court.
CHARTER
COMMERCIAL BANK & TRUsT
COMPANY.
United States OF America, State Of
Louisiana, Parish Of
ST. Tanmany.
Be it remembered that on this
3Oth day of September, 1918, be
fore me, Lewis Lowering Morgan,
Notary Public, duly commissions.
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 hereunt0 subscfib-
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 organiza-
ton OF corporations. banks, savings
banks, safe 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 Louisi-
ana which now are in force or which
hereafter may b enacted. and under
the following articles Of agreement,
tO-Wit: \.
ARTICLE I.
The name and title Of this cor
poration shall b the
Commercial Bank 4 Trust
C0mPaay!'
Its dOmicile and principal place OF
business shall be In the town OF Gov
ingtou, St. Tammany parish, L0uiRi-
ana, but it shall have p0we- to g.
tablish one or more branches OF dis
count and deposit within the limits
of said parish. It shall endure ana
enjoy succession under its corporate
name for Z period of ninety-nine
years from date hereof, aneles dis
solved sooner by action OF its stock
holders a. provided for herein. or
otherwise terminated in accordance
with law. All citations or other
legal processes shall DO served On tie
president OF this corporation AID in
his absence ON the vice-president.
who is acting - president, or In his
absence on the cashier. or a. other
wise provided BY law.
ARTICLE IL.
The objects and purposes for WAich
this corporation IL established are
hereby declared to be that OF con-
Quoting a savings. safe deposit and
trust banking business in accordance
with the laws of the State OF Louisi-
ana and particularly Act ITS Of 1902
and Act IS of 1902 and the amend
ments 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
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 the
State of Louisiana which are now in
force or which hereafter may become
enacted. This corporation Is 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 be 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 Thousand
| (s5O,OOO.OO) Dollars, divided into
five hunderd 5000 shares OF tn
par value of One Hundred ($1OO.0OJ
Dollars each, but the same may Be
| increased or decreased BY amend
| ment to these articles in accordance
with law. The subscribed capita.
stock shall be payable on the call o.
the Board of Directors named herel
and the corporation shall be author
lied to commence business when 1t:
| capital stock shall have been paid II
lawful money Of the United States.
Shares of stock of this corporation
shall be represented by certificates
signed 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 is acting as presi-
dent, and in the absence Of the cash
Ter BY the assistant cashier or other
| person acting AZ such. Transfers Of