The Era-leader., 1919-08-28
Charter
Of
THE CITIZENS BANK
of FrankIinton, Washington
Parish, Louisiana.
Charter
State OF Louisiana,

sworn and qualified in and for the
Parish of Washington, State of Lou
isiana, and in the presence OF the wit
nesses named and undersigned, per-
sonally came and appeared the several
persons whose names are hereto sub
scribed, who declared that availing
themselves of the provisions of the
laws of the State ofLouisiana relative
to the organization of the banking
business, they have covenanted and
agreed and by these presents do cov-
enant and agree, and bind themselves
as we'll as such other persons as may
hereafter become associated with them
and their successors, to form them
selves into and establish corporation
and body polite in law for the objects
and purposes and under the agree
ments and stipulations following, to-
wit:
Article |.
This corporation shall be known
and designated as, and the business
carried on under the name of 1.-THE
CITIZENS BANK, and the domlcile
of said corporation shall be at Frank
linton, Washington Parish, Louisi-
ana; under said corporate name it
shall have and enjoy succession for
the term of ninety-nine years from
date hereof unless sooner dissolved
by the stockholders in the manner
provided by law.
Under said corporate name it shall
have, enjoy and exercise all rights,
powers. and privileges hereinafter set
forth, as well as those granted or that
may hereafter be granted by law to
corporations of this character, with
full authority to contract, sue and be
sued, plead and be impleaded, appear,
answer and prosecute in any and all
courts of justice and elsewhere, to
make and use corporate seal, to name
and appoint such managers and di-
rectors to administer its affairs as it
may deem necessary and proper, and
to make and ordain such bylaws for
the proper management of said cor
poratlon as may be necessary and
proper and consistent with the pro-
vision of law and of this charter, and
the same to repeal, alter or amend.
All citation or other legal process
shall be served upon the President, or
in his absence upon the Cashier OF this
corporation.
Article II.
The objects and purposes for which
this corporation is established, and
the nature of the business to be car
ried on by it, are hereby declared to
be:
To establish and conduct general
banking business, with power to re-
ceive time and demand deposits, to
purchase and discount bills, notes and
other evidences of debt, to buy and
sell gold and silver coin and bills of
exchange, to make and negotiate
loans, to lend money on real and per-
sonal security or property, to receive
for deposit or safe-keeping valuables
of every kind; to receive, hold, pur-
chase, acquire and convey, by and
under its corporate name, such
property real and personal, including
bonds. stocks and securities OF the
United States, or of any State, or OF
any corporation, board or body, pub
lie or private, as may be necessary,
proper or convenient to the object OF
the association, and not in conflict
with the laws of this State and the
provisions of this charter, and to ex-
ercise all the rights of ownership
thereto.
Article Ill.
The capital stock of this corporation
is hereby fixed and declared to be the
sum of Fifteen Thousand 1915, 100000
Dollars, divided into and represented
by One Hundred and Fifty (l5O) shares
OF the par value of One Hundred
(Sl0000) Dollars each, said shares to
be paid for in cash at the time of is
suance.
The names of the stock holders and
their place of residence and the num-
Der of shares held by each of them,
are hereby declared to be as follows:
NJ. &. Pool, Franklinton, La, four
shares; A. Carrier, Franklinton, La. =,
one share; A. ID. Kemp. Franklinton,
La, one share; D. H. McCreary,
Franklinton, La, one share; A. L..
Bear, Coyington, La, one share: L.
L. Bankston, Franklinlon, La, one
share: H. w. Magee, Franklinton,
La, seven shares; Noel w, Magee,
Franklinton, La, five shares; Jep NJ.
lford WarnertOn 7 "A ono Share.