The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-04-22
CHARTER
AF-oF TILE
First State Bank
of Bossier City, La.

State of Louisiana, Parish ot Caddo.
Be it known that on this. the 10Th day
of March, 1920, before me. Edward Barnett.
!, Notary Public in and for the Parish Of
Caddo. State of Louisiana. duly commits
stoned and qualified. personally came and
appeared: L. W. iutchings. Il. +. Eatman.
+. \. Wilkinson. II. II. Mahaffcy. Homer
Nichols. Fl. Fl. billiard. J. A. Edgar, q. c.
Huckaby and W. L. Young. all Of whom
reside in Bossier City, Parish of Bossier.
State Of Louisiana f. l.. Crosby. Il resident
Of Glcnmorc. Parish of Rapides. Louisiana
W. l.. rilkinton. NJ. A. McCutchen and
J. {. Trichel, all residents of the city Of
Shreveport, Parish of Caddo. State of
Louisiana. and Jas. NJ. Henderson and
J. II. Montgomery. residents Of Benton.
Parish of Bossier. State Of Louisiana. who
declared that. awaiting themselves of the
laws of the State of Louisiana relative to
the organization Of banking corporations.
and especially Of Act 10 of the General
Assembly of 1902, and Act 1S4 Of the
General Assembly of 1916. amcndatory of
the said Act TO of 1902, they have or
yaniZcd and do by these presents, form,
constitute and organize themselves into
corporation for the purpose Of carrying on
| and conductin: a banking corporation under
| the conditions. terms and stipulatiOnS and
| for the various objects and purposes as
hereinafter set out.
ARTICLE l.
| The name and style of this corporation
shall be FIRST STATE BANK of Bossicr city.
| Louisiana. tudcr its corporate name IT
| shall have power and authority to contract.
| sue and be sued to make and use Il cOrpO-
| rate seal and the same to alter at pleasure &:
| to hold, receive. lease. purchase or other
| wise acquire such property, real and
| personal, as it may be Indispensable for
the objects of this association to nam" and
| elect or appoint such Officers and agents
and to discharge the same as the interest
and convenience Of the corporation may
require to make and establish such bylaws,
rules and regulations for the proper man
agcmcnt of its affairs as may be necessary
and the same to change ut plcaruse.
ARTICLE II.
The objects and purposes for which this
corporation is formed and the business tt
be conducted by 1t are hereby declared tt
.. be: To conduct and carry on the business
Of Il State Bank: to receive deposits: t.
| lend money on real and personal security
to accept fofs payment on future date
drafts drawn on them by their customers
and to issue letters Of credit authorizing
the holders thereof to draw drafts unol
them. or their correspondents. at sight OF
on time: to discount and buy and sci
promissory notes and bills Of exchange, ant
other evidences Of Indebtedness. gold ant
silver, and bonds of the United States, o
the State of Louisiana. and such lcvee
school. road and drainage districts. as wei
as other political subdivisions. as Is per
mittcd under the laws Of this state. ant
particularly of the said Act. No. 119 o
1902 as amended by the said Act 1S4 o
1916: and in general to do and perform
all things permitted by the banking law
Of this state and consonant with the SAT-
objects and purposes.
} ARTICLE III.
The capital stock of this banking. corpori
: ton shall be Fifteen Thousand Dollar:
divided into and represented by Thre
Hundred ,3O0p shares of the par value 6
2 Fifty Dollars ($50.O0b each. 1t shall con
q mence business as soon the entire capt.:
stock shall have been subscribed and pal
in fun: and 1t Is now declared that tn
n entire capital stock of Fifteen Thousan
+ Dollars tS13.W0.O0 has been fully sui
scrihed and fuiIy paid in cash.
This corporation shall continue to exi'
4 for II period of ninety nine years.
, The capital stock may BIZ Increased
One Hundred Thousand Dollars, divided I'M
Two Thousand Shares Of the par value
+ Fifty Dollars $4,000, EACH on complyir
= with the laws relative thereto.
ARTICLE w..
II The affairs of this association shall
a administered by board Of seven ca dire
tors, who shall be elected from anon. Il
| stockholders annually by the stOckholde
= ut Il meeting to bc held for that qurpOs
n Such annual meeting shall be held on Il
. first Monday in July, 1870. and annual
thereafter. Only those holding mt least tv
f. shares Of stock shall be eligible as director