The Era-leader., 1919-08-21
Charter
Of
THE CITIZENS BANK
of FrankIinton, Washington
Parish, Louisiana.
Charter
State of Louisiana,

a Notary Public, duly commissioned,
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 ofLousiana relative
to the organization of the banking
business, they have covenanted and
agreed and by these presents do COW
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 "1HE
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 en- JOY 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 we'll 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 a corporate seal, to name
and appoint such managers and dl-
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
poration 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, OF
in his absence upon the Cashier of this
corporation.
Article II.
The objects and purposes for which
this corporation is established, ant
the nature of the business to be car
ried on by it, are hereby declared te
be:
To establish and conduct genera
banking business, with power to re
ceive time and demand deposits, tt
purchase and discount bills, notes ant
other evidences of debt to buy an(
sell gold and silver coin and bills 0
exchange, to make and negotiat
loans, to lend money on real and per
sonal security or property, to receiv
for deDosit Or afe-keeping valuable
of every kind; to receive, hold, pur
chase, acquire and convey, by an
under its corporate name, sue
property real and personal, includln
bonds, stocks and securities OF tn
United States, or of any State, or {
any corporation, board or body, pull
lie or private, as may he necessary
proper or convenient to the object {
the association, and not in contli(
with the laws Of this State and tn
provisions of this charter, and to e,
ercise all the rights of ownershi
thereto.
Article III.
The capital stock of this corporatio
is hereby fixed and declared to be tt
sum of Fifteen Thousand ($15, ,0OO.O(
Dollars, divided into and represente
by One Hundred and Fifty (l5O) share
OF the par value of One Hundre
(SlO0.00) Dollars each, said shares
be paid for in cash at the time of i
suance.
The names of the stock holders an
their place of residence and the nun
ber of shares held by each of then
are hereby declared to be as follow
NJ. &. Pool, Franklinton, La, fol
shares; A. Carrier, Franklinton, La
one share; A. D. Kemp. Franklinto
La, one share: D. H. McCrear
Franklinton, La, one share: a.
Bear, Coyington, La, one share:
L. Bankston, Franklinton, La, OF
share; H. W. Magee, Franklinto
La, seven shares; Noel W. Mage
FranklintOn, La, five shares; Jep \