Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1920-03-06
TO ~-tARTER
OF THE INK OF ERATH

foro ma IN. undersigned Notary Pub-
ofnro.,iJ Stotc and Parish. and to me
,veI known. who deposrs and saws:
T1at ne ,s Casbiar af the Bank of
Fr,tb Erath. La. aud that OH Jan. 18TH
100 no WAS rcuutarty elected and act-
ed Secretary of . g,ur.al s'nrkhnIdcrS
mrotinr of tho said hank If that date.
and that the above and foregoing is
- t,l,, and correct extinct from the min
utes Of tbr proceedings - said General
stockholders meeting.
Subscribed and sworn to before me
ON this 10th day of Ian. 1920.
A. ! GOLDEN.
Notary Public.
State of Louisiana.
Parish of Vrrmilion.
Before me Anthony j. Golden, 4 No
tarv Public, duly commissioned and
qualified in and for the Parish of Yer
million. State OF Louisiana, pc. Sonally
crmc and appeared, Mc>sr. V. l.. Cald-
well, President of the Bank Of Erath,
aud +. H. Williams, Cashier of the Bank
of Erath, v o declared that Y. l.. Caid-
well WAS Chairman and +. b. Williams
was Secretary of meeting of stock
holders of the Bank of Erath, corpor-
alton duly organized under the laws
of the State and Parish above men
toned held for the purpose OF ncreas-
ing the Capital Stock of said Corpora
ton from Twenty-Five Thousand Dol
lars, the present capital stock Of said
bank, to Fifty Thousand Dollars, and
of increasing the number OF shares OF
the Capital Stock of said Bank fr' m
Two Hundred and Fifty Shares t.
Five Hundred SHARES, and TO transact
such other business as may be neees
sary or advisable, which meeting was
held at the Office Of said Corporation
in the Village of Erath Parish o.
Nermilion, State of Louisiana, at the
hour of 3 O'Clock P. mY on the 18Th
! day of January, 1920; that due mott e
Of said meeting was timely given
each stakeholder of the Bank of Erath
by publication III the Abbevllle Pro-
gress, and by mailing each one Of said
stockholders notices at his last known
4
form As is set out in a duly certified
copy Of the minutes of the proceedings
of said meeting which is hereto annex,
ed and made a part hereof.
That at the time and place specific /
in said notices the stockholders Of said
corporation appeared in person or b.
proxy as set out in said certified copF
of the minutes Of said meeting in mum
bers representing more than two-third
(2-3) of all the shares Of the Capita
Stock of said Bank, and organized said
meeting by choosing from their number
the undersigned V. L. Caldwell, as
Chairman, and F. b. Williams, as Sec
rotary, that thereupon the notices set
out in the certified copy of the minutes
of said meeting were read and the
proof of mailing and publishing thereof
was presented.
ThereupOn the following resolution
was introduced:
'Be it resolved that the Capita
Stock of the Bank Of Erath he increas-
ed from TWENTY-FIVE THOUSAND
/ 1925, 100000 DOLLARS, the presen,
amount, to FIFTY THOUSAND $780,
/ 100000 DOLLARS, the additional cap
ital stock If Twenty-Five thousand
Dollars to be represented by Two Hun
dred and Fifty Shares of the par value
of One Hundred (slOOOO) Dollars
each, which additional Capital st ok
of Twenty-Five Thousand Dollars
/ ($25,000 00) shall be paid for in cash
out Of the net earnings Of the bank,
now on hand, at the rate Of One Hua'
dred ($l00.00) Dollars per share; the
said additional capital stock to be dis
tributed equally among the stockholders
now of record in proportion to the mum
Der Of shares of stock now owned by
them: and that accordingly, Article Ill