The star-progress. (Opelousas, La.) 1917-1921, 1920-08-07
CHARTER
STATE OF LOUISIANA
PARISH OF ST. LANDRY.

STATE OF LOUISIANA
PARISH OF ST. LANDRY.
Be 1t known, that on this 18th day of
the month of July, in the year OF our
Lord, One thousand Nine Hundred ana
Twenty, before me, Morton H. Thomp-
son, a Notary Public, duly commits
stoned, qualified and sworn, in and
Cor the parish and state above writ
ten, and in the presence Of the wit
nesses, hereinafter named and under
signed, personally came and appeared
the several persons whose names are
hereunto subscribed, all of lawful age,
who severally declared that awaiting
themselves of the laws of the state OF
Louisiana, relative to the organization
OF corporations for conducting general
banking and trust company business,
and more specially Act No. As of 1902
and the various amendments thereon,
they have covenanted and agreed,
and do by these presents covenant,
agree and bind themselves, as well as
such persons as may hereinafter be-
come associated with them, to form a
corporation and body polite in law
for the objects and purposes and under
Inc agreements anu oIAPuA0SAOAS ASA
lowing, to-wit:
Article I.
This corporation shall be known,
and designated as, and its business
shall be carried on, under the name,
style and title of the Parish Bank
and Trust Co." and its domicile is
hereby fixed in the City of Opelousas,
in the parish of St. Landry, Louisiana;
It shall have and enjoy succession I'M
der its corporate name for term OF
ninety nine years, commencing from
the date of this act, unless sooner dis
solved by law or. the action Of the
stockholders; and under it's corporate
name 1t shall have enjoy and exercise
all the rights, powers and privileges
permitted by existing laws, or which
may hereafter may be permitted, to
coporations of this character with full
authority to contract, sue and be
sued. appear answer and prosecute, in
any and all courts of justice, in this
state and elsewhere to make and use
a corporate seal, and the same to
break or alter at pleasure to make and
ordain by laws, rules and regulations
for the proper management Of its af-
fairs, and to repeal, alter or amend the
same at pleasure.
Article u.
The seal of this corporation shall be
as follows: an emblem showing a bale
of cotton, a stalk Of corn and sheaf
of rice, surrounded by a concentric
circle, and within the coneentric cir
Gle shall be the following words "Par-
fish Bank and Trust Company" Ope-
lOusas, La.
Article III.
All citations and other legal process
gnall be served upon the President Of
this corporation, or in the event OF his
absence upon the President, and
in the event of the absence of both the
President and Vice-President, upon
the Cashier.
Article w.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried
on by it, are hereby declared to be:
To conduct a savings, safe deposit,
trust Company, and general banking
business, to operate one or more
branch banks at convenient points in
the Parish Of St. Landry, Louisiana,
and generally to do and perform any
and all acts, and to exercise and enjoy
the powers and privileges now or
hereafter granted by law to banking
corporations.
Article v.
The capital stock of this corporation
ds hereby fixed at the sum of Fifty
Thousand $3.50, 100000, divided and rep
resented by five hundred shares OF the
par value of One Hundred Dollars each
, which capital stock shall be paid in
cash at the price of One Hundred and
Twentny Dollars a share, of which one
hundred dollars share shall be capt.
tai and twenty dollars share shall
be surplus, and when the full amount
of the capital stock have been sub
scribed and paid for the corporation
shall have the right to commence
business.
The capital stock shall be fully paid
and worcestershire; when. issued it
shall be represented by certificates
signed by the President or Vice+Presi-
dent and the Cashier.
Transfers of the stock of this cor
poration shall be made on the books
of this corporation of stockholders in
person or by written proxy, and under
such regulations as the Board Of Di-
reetors may direct or prescribe.
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