The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-04-29
CHARTER
First State Bank
of BOssler City, La.

State Of Louisiana, Parish Of CGddO.
BE it known that on this. the 23th day
Of March, 1920, before me. Edward Barnett.
ii Notary Public in and for the Parish of
caddo. State of Louisiana. duly commits
stoned and qualified personally came and
appeared: Z. W. Hutchings. Il. r. Eatman.
+. \. Wilkinson. II. II. Mahaffcy. Homer
Nichols. II. II. billiard. J. \. Edgar, &. G..
Huckaby and W. T. Young. all of whom
reside in Bossicr City, Parish Of Bossier.
State of Louisiana f. L. Crosby. a resident
of GlenmOre. Parish Of Rapides. Louisiana ::
W. l.. Pilkinton. NJ. \. McCutchen and
]. c. 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 100 of the General
Assembly Of 1902, and Act 1874 of the
General Assembly of 1916. amcndatOry of
the said Act 100 Of 1902, they have or
ganizcd and do by these presents. form,
constitute and organize themselves into a
corporation for the purpose of carrying on
| and conducting 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 Bossier City
| Louisiana. Uudcr it's corporate name II
shall have power and authority to contract
sue and be sued: to make and use cOrpo
rate seal and the same to alter ut pleasure
| to hold. receive. lease. purchase or other
wise acquire such property, real ant
personal. as it may be Indispensable fol
| the objects of this association !: to name ant
| elect or appoint such Officers and agent:
| and to discharge the same as the Interest
and convenience of the corporation ma!
| require to make and establish such bylaws
rules and regulations for the proper man
| agement Of its affairs as may be nccessar!
and the same to change at plcaruse.
ARTICLE II.
The objects and purposes for which thi
corporation is formed and the business t
be conducted by 1t are hereby declared t.
| be: TO conduct and carry on the bushes
| of State Bank: to receive deposits: t
lend money on real and personal security
to accept for payment on future dat
| 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, mt sight o
on time: to discount and buy and sci
promissory notes and bills Of exchange. an
| Otner eNlue0ceS OF luueDtcuueSS. SOlu al
silver. and bonds Of the United States, O
the State Of Louisiana. and such leves
school. road and drainage districts. we
as other political subdivisions. as is pei
mitted under the laws of this state. IN
particularly Of the said Act. No. 179 q
1902 as amended by the said Act 1S4 g
1916: and. In general to do and perfOrr
all things permitted by the banking law
of this state and cOnsOnant with the sal
objects and purposes.
ARTICLE III.
The capital stock of this banking eorpOr;
ton shall be Fifteen Thousand Dollars
divided into and represented by Thre
Hundred t:;OOl shares Of the par value {
Fifty Dollars (Sj0.OO each. 1t shall con
| mence business as soon as the entire capt.;
stock shall have been subscribed and pal
in full and it Is now declared that til
entire capital stock Of Fifteen Thousan
Dollars tx15.OOO.0W has been fully SUI
scribed and fully paid in cash.
: This corporation shall continue to ext,
!. for Il period of ninety-nine years.
The capital stock may be- increased
One Hundred Thousand Dollars, divided I'M
Two Thousand Shares Of the par value
Fifty Dollars tx:IO.OOD each. on complyir
with the laws relative thereto.
ARTICLE ".
The affairs Of this association shall
. administered b, Il board of seven e, dire