St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-11-02

A0l0Uy (O1I1Ay VuoS SAA0 SAA4 SVA
was field for record ON October I.
1918, and recorded in Conveyance
Book No. 1, page 1853, etc.
w. e. BLOsSNAr1,
oc5-6t by. Clerk Of Court.
CHARTER
Of the
COMMERCIAL RANK & TRUST
COMPANY.
United States 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 subscrtb-
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 0rganiza-
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 a. hereafter
may become associated with them.
and their successors, to form. or
dain and establish Q corporation and
body polite in law, which shau 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 Louist-
ana which now are in force or which
hereafter may be enacted, and under
the following articles Of agreement,
tO-wit:
ARTICLE /.
The name and titla Of thfa cor
poration shall be the
'.Commeecaal Bank = Trust
ComRa1yT
Its domicile and principal place Of
business shall b. In the town OF Gov
ington, St. Tammany parish, Loutai-
ana, but 1t shall have power to o.
tablish one or more branches OF dis
count and deposit within the limits
of said parish. It shall endure and
enjoy succession under it, corporate
name for q period Of ninety-nine
years from date hereof. anelss dis
solved sooner BY action Of its stock
holders as provided for herein. or
otherwise terminated in accordance
with law. AL citationA or other
legal processes shall be served On the
president Of this corporation and In
his absence on the vice-preeideot,
who is acting - president, or u, hD
absence ON the cashier, or a. other
wise provided BY law.
ARTICLE II.
The objects and purposes for watch
this corporation il esta bliAhed 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 Loulsi-
ana and particularly Act IT'S OF 1902
and Act As of 1902 and the amend
ments thereto. It shall have power
to sue and be sued: to mako 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 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 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
($5O,O0O.0O) Dollars, divided into
five hunderd 5000 shares OF tn
par value of One Hundred $4,000
Dollars each, but the same may b.
increased or decreased by amenC
ment to these articles In accordanc
with law. The subscribed capita
stock shall be payable on the call
the Board OF Directors named here.
and the corporation shall be author
lied to commence business when It
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 oashieF or other
person acting rs such. Transfers OF
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