St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-11-16
CHARTER
Of tho
COMMERCIAL BANK ~ IRU1T
COMPANY.

OF the
COMMERCIAL BANK ~ 1RUST
COMPANY.
United States Of America, State of
Louisiana, Parish OF
st. Tammany.
Be it remembered that on this
Both day Of September, 1913. be
fore me, Lewis Lowering Morgan,
Notary Public, duly commissioner
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 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. a.
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 tosAuch hank
ing corporations and trust companies
by the laws of the State OF 1outsi-
ana which now are in force or which
hereafter may be enacted. and under
the following articles Of agreement,
tO-Wit:
ARTICLE l.
The name and title sof this cor
poration shall b the
Commercial Bank - s4rust
Company
Its domicile and principal place OF
business shall be In the town OF Gov
ington. St. Tammany parish. Louiat-
ana, but it shall have poWe- 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. lnelss dis
solved sooner BY action Of Its stock
holders a. provided TOR herein, or
otherwise terminated IN accordance
with law. All citations or other
legal processes shall be served On the
president of this corporation and In
his absence on the vico-president,
who is acting a. president. or In his
absence on the cashier, or as other
wise provided By law.
ARTICLE IL.
The objects and purposes for which
this corporation is established are
hereby declared to be that Of .oon-
Quoting a savings. safe deposit and
trust banking business in accordance
with the laws of the State OF sLouisi-
ana and particularly Act 179 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 noees-
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 Is au-
thorized to make and use q 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,OOO.OO) Dollars, divided inc
five hunderd 5000 shares OF t
par value Of One Hundred $4,000
Dollars each, but the same may \
increased or decreased by amen
ment to these articles in acco1daE
with law. The subscribed cap {
stock shall be payable on the Cal.
the Board of Directors named here
and the corporation shall be au no
lied to commence business when i,
capital stock shall have been paid i:
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 ID acting Is presi-
dent, and In tho absence of the cash
Ter BY the assistant cashier or other