The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1919-07-19

const ipatiOn as IS often the case, tnaI
should be corrected at once. A dose of
Tablets will do 1t. adv.
CHARTER
FARMERS AND MERCHANTS BANK
Montgomery, Grant Parish, Louisiana.
STATE OF LOUISIANA, |
Parish of Grant.
Be it known, That on this the 30th
day of June A. d. 1919, before me, j.
B. Roberts, Notary Public, duly COM
missioned, sworn and qualified in and
for the Parish of Grant, State of Lou
isiana, personally came and appeared
w. o. Harrison, T. j. Harrison. G. v.
Dyson, /. C. Dyson, L. j. Harrison, o.
p. Harrison, r. A. Sellers, j. D. Bos
ton, w. w. Dyson, c. G. Wilson, DR..
A. ]. Morat, A. j. Morat. and the
other persons whose names are signed
hereunto, all being residents and DOM
iciled in the Parish of Grant, Louis
lana, and whose residence is stated OPP
posite their names, who declared that,
availing themselves of the laws of the
State of Louisiana applicable to banks
and banking and being DESTROYS of ac-
curing and enjoying the powers and
privileges granted by the laws of the
State of Louisiana to corporations for
| the conduct of bank or banking con-
Germ, they have agreed and do by these
presents covenant and agree. bind and
}obligate themselves, as well as such
other persons as may hereafter become
associated with them, to form body
| corporate in law, for the objects above
set forth under the following stipula-
tions, terms, provisions and articles OF
incorporation, to-wit:
ARTICLE l.
The name and title of this corpora
ton shall be Farmers and Merchants
Bank of Montgomery and its domicile
and place of doing banking business
shall /be' the town of Montgomery,
Grant parish, Louisiana, and its CAPT
tai stock is hereby fixed at twenty
thousand dollars, divided into two hun.
bred shares of one hundred dollars each
the appearers herein being sharehold
ers and the places of residence and the
number of shares and the amount!
held by each of them respectively be
ing set forth opposite their signatures
which amounts of said shares have beer
and are to be paid as follows: Fifty
per centum this day and the other hal
within ninety days after the bank shall
begin business.
ARTICLE II.
That said corporation shall commence
its existence on the 18th day of Sep
: TENDER, 1919, and shall enjoy corporate
existence for a period of ninety-nin,
years from said date, and by its corpo
rate name may sue and be sued, plea,
and be implicated, appear, answer ant
prosecute in any and all courts of JUS
, tice in this state and elsewhere. III,
, president of this corporation shall b.
the officer on whom citation and othe
: legal process may be served, and in hi
absence upon the vice-president or an.
, other officer designated by the board o
directors for that purpose.
ARTICLE Ill.
The objects and purposes for whicl
this corporation is organized are hereb,
' q
ing business under the laws of thi
t State, and under such authority it shal
have power to receive deposits, to len
), money on real and personal security
I to accept for payment at future dat
drafts drawn upon it by its customers
to issue letters of credit authorizing
the holders thereof to draw drafts upo
it or its correspondents at sight or o
time; to discount and buy and Sc
J. promissory notes and bills of exchange
: and other evidences of indebtedness
gold and silver and bonds of the Unite
States and of this State, and of tn
b several levee districts of this State an
y of the parishes and school district.
drainage districts, road districts, an
of the municipal corporations of thi
State. as provided by law, and it sha
). have all powers incidental or necessar
to exercise of the powers just enumel
n ated, and it shall have power to AZ
quire and dispose of real estate as prt
u vided by law for banking corporation.
and such other powers as are now {
It may hereafter be granted TO banks.
e ARTICLE Nv.
2 This corporation shall be managed b
n board or nine directors who shall
. citizens of this State and actual stool
u holders of this corporation. Said q
m rectors shall be elected by ballot on ii
ID first Monday in September of eat
n year, beginning with the first Monds
in September, 1920, and said director
'e shall hold Office for one year or unit
ie their successors are duly elected ar
qualified.
Y, The nine persons receiving the higl
ID est number of votes cast at an annu