The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-05-06
CHARTER
First State Bank
of BOssier City, La.

state of Louisiana, Parish NJ Cdddo.
BE it known that on this. the 10Th day
Of March, 1920, before me. Edward Barnett
IA Notary Public in and for the Parish Of
ca,ldO. State of Louisiana. duly commits
stoned and qualified. personally came and
appeared: L. W. Hutciings. Il. 4. Eatman.
r. \. Wilkinson. ii. II. Mahaffry. Homer
Nichols. II. II. billiard, ]. \. Edgar. &. {.
Iuckuby and W. r. Young. I'LL Of whom
reside in Bossicr city. Parish of Bossirr.
State Of Louisiana l.. l.. Crosby. resident
Of Glcnmorc. Parish of Rapidcs1 louisiana
". l.. Iilkinton. NJ. \. McCutchen and
| ]. {. Trichcl, all residents of the city Of
Shreveport, Parish Of Caddo. State Of
i Louisiana. and Jas. NJ. Henderson and
J. II. Montgomery. residents OF Benton.
Parish Of BOSsicr. State of Louisiana, who
declared that. availing 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 179 of 1902. they have Or
ganizcd and do by these presents. form,
constitute and organize themselves into Il
corporation for the purpose of carrying on
| and conducting II banking corporation under
| the conditions, terms and stipulatiOns and
for the various objects and purposes rs
| hereinafter set out
| ARTICLE l.
! The name and style of this corporation
shall he FIRST STATE BANK of BOSsicr City.
| Louisiana. Tudcr its corporate name 1t
| shall have power and authority to contract.
| sue and he sued: to make and use Il cOrlIo-
| rate seal and the same to alter mt pleasure:
| to hold. receive. lease. purchase other
| wise acquire such property. real and
personal, as it may be Indispensable for
| the objects Of this association to name 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.
ayrment of its affairs as may be necessary
and the same to change ut plcarusc.
ARTICLE II.
The objects and purposes for which this
corporation is formed and the business to
be- conducted by 1t are hereby declared to
be- To conduct and carry on the business
OF State Bank: to receive deposits: to
, lend money on real and personal security
| to accept for payment on n future date
drafts drawn on them by their customers
and to issue letters of credit authorizing
the holders thereof TO draw drafts unoI
them. or their correspondents. ut sight 81
on time to discount and buy and sell
promissory notes and bills Of exchange. and
other evidences of indebtedness. gold ant
silver and bonds of the United States, o1
the State Of Louisiana. and such levee
school. road and drainage districts. as wei
as other political subdivisions. rs is per
. mittcd under the laws OF this state ant
, | particularly of the said Act. No. 119 o.
100. as amended by the said Act 1S4 O
I 1916: and in general to do and perform
: all things permitted by the banking law
=, | Of this state and cOnsonant with the salt
, objects and purposes.
ARTICLE III.
The capital stock Of this banking corpor,
ton shall be Fifteen Thousand Dollars
I divided into and represented by Thrc
l | Hundred t:;00l shares Of tn" par value o
III Fifty Dollars tSjO.OOt each. 1t shall CON
+, | mcncc business soon rs the entire capita
: stock shall have been subscribed and pal
! in full and it IL now declared that til
, entire capital stock of Fifteen Thousan
:. Dollars ,xI5. OOO.OO, has been fully sui
scribed and fully paid in cash.
This corporation shall continue to cxis
+ for II period of nincty-nin years.
q The capital stock may be increased
One Hundred Thousand Dollars, divided int
Z Two Thousand Shares of the par value q
i Fifty Dollars tSIo.OOl each. on cOmplyin
Il with the laws relative thereto.
ARTICLE ".
r The affairs of this association shall d
, | administered by n board of seven co dire
. tors. who shall he elected from among tn
I stockholders annually by the stakeholder
+ ut Il meeting to be held for that qurpos
n Such annual meeting shall be held on til
;, first Monday in July. 1920. and annual
= thereafter. Only those holding ut least tw
:. shares of stock shall be eligible as director
J. Until the first meeting to BE- held on I'll
:, first Monday of July. 1920. the fOllOwin
= shall constitute the first Board Of II
!. rpctors: II. II. Mahaffry. L. W. lIutching
= Il. T. Eatman. Il. \. Wilkinson. II. II. ID
II lard. q. Z. Huckaby and Homer Nichols.
Notice of stockholders meeting shall
II given in writing by the Cashier Of the bar
l. not less than ten nor more than twen'
- days before the date of such meeting.
r ARTICLE V.
Y The Officers Of this association shall
!, a President. Viccprcsident and Il cashif
: who shall be elected annually by the 4
+ rector. beginning ut the first meeting of II
r directors to be held on the first Monday
I, July. 1920. Immediately following the
:, elrCt ton by the stockholders.
The first officers shall be I. \. WIKI
Il son. President: II. II. billiard. Vicepre.
: dent. and L. W. IIutchings. Cashier. wi
;, shall serve until their SUCCESSORS are electC
All officers of this corporation shall