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VO XXXI. ABBEILLE, LOUISIANA, SATURDAY, /I GUST 2, 1890. C: • -C CHARTER STATE OF LOUIIfANA; PAlfSH OF VERMILION. BE IT KNOWN, that on the ifth day of July, in the year of our .Lord, One. Thousand 'Eight Hundred 'ahd Ninety, before ii 1, "William. Plerioport Edwards, .a duly':commissjoned afid qualified Notary Pbhlic in and ,for the parish of Ver ilion, State of Louisiana, and' in preses of the witnesseesierein_' after narpe4 fi4d undersigned, ~ on ally came and appeared the prsons whose nagles a;e hereunto .subscrled, who declared that availfng themselves of the ,roiisions .of the stata~tbt of Lonislatia, 'relative to 'the orgahfza tion of corpolstions, they do by lthese present, cotonalt agree and 'bipid theinselves ati those who may lfeie after becodie 'iembers of this organiza tion, to fort: and cdnstitute amcorpora tion.for the Objects _and purposes and iunder the st'ul..ationg and regulations, to-w4 : OHARTER. ART. 1. :Section 1. 2he nanie ah'd title of this corporati6n shell be the 'ABBEVILLE IBULDING ANb 'LOAN ASSOCIATION, LIMITEb." and t'ner its said corporate name, it shall have" the power to contract, sue and be sued, to make and nse a cor porate seal, and the same to break and alter at pleasure, to hol4, recelve, lease, purthase; convey and pledge uider its corporate narfi, -propeity both real and.personal; .tf end moidy on secur ity, to name'aud appoint 'trh 'officers and agentsas a he interests "and con venience bf said 'orporatioiis may re quire, to make aid establish such by laws,. rules and. regulatiris for the proper mstagemeht and aid 'regula lation of the affaireof said corporation, as ,nay be neesesary and piroper, and the same to ch..bge and alter at pleas- a tre, and to do dll-such acts a4d things i at are or may be fiecessary and proper s to cariyout the objects ard purpoles i of saidcbrporation and said "'orpora- t tion unle i.sooner dissolved t.rider the i provisi.sfh f "'.this charter shill exist t for a period of ninety-nine years. t ART. II. Se8cl. The d nmiele of saiducorpor ation shAll be in the town of Abbeville, in the'State btLo'lisiana, and all cita ' tionsbr"other legal process' shall be nerved'upon the President of said cor poration or in his absence )pon the Vife-President,'or in the absenco of both of thesedofficea upon the .Cere taiy. ART.'"I. See. 1, 'The obJec1tof the as~sbiation shall"be 'he accufiaulation of a fund from the weekly l stallments on ac 'count of subscriptions to the capital 'rentals, prerpiums 'or disounts and interests 'on loans and from other souices.' The fund ,b hcnumulated to be used"for the -purchase and sale of real estate, the building, renting and sale of homesteads, tahd the lending 'of funds upon mettgage security in -the parish of Vermlion, and upon shares of this corporatib 'as provided in the by-laws. Section 2. No lhans shall be made ezcept to share holders, and no loans for a sum greater'than the tade 'of the "shares t'wned by the borrower. Sec. 3 All UIas shall be.utid r the 'control ahd direition of the 'Board of Directors, who shall have the power to make such rules, regulations or by 'laws regulating the satme as they may 'deem neeessary Odr j~pieent. ART. IV. Sec. t. The capital'af'Said cotoiora 'tion shall be Onle Hundred and Fifty Thousand Dollars '($150,000.00) with the right'tofincreasing the amount to Three Hunidred Thousand Dollars ($300,4O0.00)gprovided the 'onsent of the stock holders is' irst obtadred, and shall e issued'in share 'each repreb enting Two Hnidred Dollars '(.200.f) Yo be #ai4 up in weekly 'install its of tw fty-five dasts Oer share, ad said corporafbiol "hall begin business when One Hilidred and Fifty abates are 'subseribdd. Sc. 2. Minors may hold Shares through theol paredl or tutors, and 'narried women in their'OWn right. Sec. 3. At the cloSd of each 89Addl year the 'let profit shall be appOrtioned and a divident credited to the value of each share in force, In sdch manner as the btoard of directors may decer mine. Sec. 4. The fiscal year shall end on the first Saturday of January of each year. Sec. 5. Whenever the shares of any one serifs by reason of the payment on ,ccount of anbscription theretot to gether with the addition of the pirofits I ind aicuamutatibns threvto shall le Worth the par vahdd of two hundred ttollMha ($90:.00) each, the shares r: I t1ztsnting the series so arrived at par, shall be liquidated and paid over to the holder thereof as the surrender of { their certiticates, and whenever the I shares of the series last issued shall be SworthThe par value df two hundred dollars($20.000) eatLh, the association' ! shag l liquidated by three commis sioners selected by the Boaird of Direc tors from among the share holders.I The shaies shall be issued in series not, to conthin -hore th.tn'.Wo hundred and Sfifty shares. Sec. 6h. o share holder shall own mote thantwenty-five shares in any one serie kkt" any one time. ART. V. See. 1. Thie corporate pbwers ot the, association shall be exereised by seven: directors, each of whom shal own not less than two shares, and who shall f be elected by the share holders on the second Tuesday in January annually.i Each stock h 1lder represented at said election and rti, in default, being en titled vote as follows:, For one sha~e isp to five inclusive, he may cast one vote. For five shares up to ton inclusive, he may cast two votes. Frem ten shares up to twenty inclusive, he iaay cast three votes. For twenty sharesor more, he may cast four votes. Sec. 2" Notice b'f'said election shall be given for the space of ten days by the secretary thrbtruh the mails. Said election shall be by ballot and shall be held at the domieil of this obrporation under thie supervision of three- share holders, appointed by the Board of Directors at the last preceding regular election thereof. The 'share holders redeiving a, majority of the votes cast. shall .e declared electeth. Sec. 3. The failure to hold an sle. ftidn on d'e day afecifled shhll not disolve the corporation, but the direc tors in office shal'hold power 'uhil an an 'election be held aftbr ten diys , notice of the tirlt and place thereof. . Sec. 4. The directors shall elect from their number a president # nd 'ice president, and five dihectors shall be a quorum for business. See. 5. The 'directbrs `shall elect i' or appoint a secretary and such em ployee as may be iiecessary and may t fix their compensation, buit no salary [ shall be paid to any maeinber of thc | board of diretbrs or officer except "to a the secretary,, and they, shall hate: power toenact by-laws nqt repugnaft to this charter; to elect a place df a.-Iet- a rug; to saspend any, officer "or irdctor | for neglect of dutvy remiscdndhtt, and | to namealnd apioiiit their .sc lc rs as provided by law general autibrjty to b carry otat the objects and btiiness of a the assodittion; but they shall ht have power to purchase real estate`e% t in b case of itecessfty to proteet thte a cia- .c tion, nor contract any "idbbtlef s ti whatever in exd ss of tihe 'aani..~t'b "bf i two months instaifllents. ; Sec. 6. -Any irector about to absent himnself frdin the barish must nominate in writing a substitttte 'iih is dlace, provided stlch -substitute shall be a share holder 'bf the association owning not less than two shares, ahd such substitute $hall be entitled to a reat on the board of directors on fil in his proxy with the Secretary. Soc. 7. TWe '(ollowIhg narined per son' shall'constitttehtlie board of dir ectdts to serve untll the regular rmeet ing 4h the second Tuesday in J8naary 1891, or until their successork are olected, namely: Jastie Brousiard, Walter A. White, Ophelias Bourqtdi, Gustavb Godchaux, Prurg W. WAIL, Clareno J. Edwards aihd Ei6h Wiie. ART. . Sec. 1. Share holders out of 'the fhnds of the'association shall be enti tied to a loan or advance upon their shares, provided the association is sec.lred therefor by a pledgt of the, stock brshareq bei which sai~d oans br advas eb is made togither 'h'ith the payhlent and accumulttibEh present acd Yuture therebti, and 'fhrtlier, that; wlthn the loan or advance i~ made for thliurp6be of purchasihg real estate for or improving real estate beYlonging to or building a hemestead for the borro*,r,.all ald pre)r&ty so offered ..ourity ,hal be purchM elt by the AdIciatiofl, ant the title thereof shall ihaifh vested therein until the full ariiunt bf t ae :lbap or advance shall hav b tfepdid in accordance with the rims Ad conditions of the char ter a*d by-laws, and that every such aot tf sahd shall reserve to the said borrowet the legal right of redemption nd be so speified in the de8d of don veyance and in case it should become necessary or advisable tO loan or ad vance funds to be ulrged by mortgage upon real estatt, then the borrower shall in writing 4lbdge his eharti as above provided, stid further, esýctite his note there'f6t *t tine rate 'Of two hundred ($26OB~ 7i r ath share upon *hifch tIlO adV-ahdO i inade, said '"te to la+A tirtdr4gt at the rate ~ big per c dt. pbr annium, pay <a0 in, weekly, fistallments, and PR°.d note s'hll not mature or be .t.nanded so long as the weekly. '.istallments or the peltged sld"ýs and the weekly portion of tlfe interest are paid regularly uunil the value of the Pledged shares is two hundred ($200) dollars per share, and thensaid note shall be applied to its liqtidatlon. See, ? Whernere the tfuds shaU d warrant one or rhbz loans or advances n' oi share holders ~bdding the highest i- vobludtary discotiht therefor, provided that no bid shitl 'be Teceived for less a. than fifteen per cent. discount, and no Lt shaie. holder'iall bte 1bntitled to bid d who 6.ves anything u his shares. See. 3. Sih obtaining ad n vances.upoti sUaoh s ling ta, tender y satisfactory sebiuity t efor within thirty days froth date 'of adjudication, shall forfeit same (provided that the a board of directors may fpr.good and satisfactory reason extend ;the time) £ and all costs and charee and expenses 1 attending the examitationie of titles and seachos, together with thlb inter est 'for not ess 'thanfour weeks, or 1 such furthei tiame as n y. have elapsed, shall be charged to the bdrrower and be a lien tgditnst his or her shares until paid.. See. 4. All fees of attoncevs, notaar ies, recorders, registers 'and all ex penses incurred in making or cancel liig loans shall be paid by the res pective borrowers. Sec. 5. The Board of Diretors may make such rules and regulations or by-laws to govern loans or advances on stock as they may see proper, pro vid.d they do not conflict with this 5harter. ART. VnI. Sec. 1. 'Payments on shares. in stallments and interest shall be due and payable "weekly on each Saturday at the office of.the. association, aid any sbae 'holder failitig to make any pasy me4 iuntil fi., Wceks. are past, sl}all forft ttid p'ay.as a penalty the uanh of five cetr per share on shares on which no advance has been made, and the 'sum of ten cents pr share on shares on which an a ~4ioce has been made1 and the same for each similar sub sequent default. and said fines must be paid before any fhture installment or interest can beWCiiPed. See. ;2. Any share holder who for the term of six months shall faill to pay the installmenti or interest due on his I shares, shall by reason of such failifre, I and without fotice, "forfeit all p'py ments previoubly Iade by him, to- t gether with the .prdfits, interbst it1 t accumulations t'hereon, which shhafl a revert to sad becoine the Property Of I the association. t Sec.4, Interest will be allowed ui `bh monthly payment (inade in'advance c of those due within the earrert month) 8 a'a ratb to be fixed from tim4 to time s by the board of directos, 'not, to 'ex- g ceed six per cent. per annum, for the a timo said payments run, provided no a interest'shall be allowed in payments in advance for a shorter period than tl three months. V hART. VItI. Sec. 1st. Any shakeholder 'who has received a loan or advance upon his shares desiring tO seeYt, and liquidate such indebtedness pfil &to the matur ing of the loan, may 'do so either in part 'or in whole, by spaying the net amodht cash ieeei9d upon each share plus oje-eighth of the discount bid for same, for each year or fractibn of year, that shid shares have been in existence and if tiesired, the pledged shares may be surrendered to the assockation and cancelled under the conditions and in the proportiop provided for with draw ing unpledged shares and their value credited fi part paynimet oif bald in debtedr ss. Sec. 2, Any part Payment under this article shall be credited upon the borrdker's note in the ensin of two hun dred ($200) dollars for "ah share re deenmed from pledge aitd thereafter interest shall be pPai only upon th6 remainder of said note, and if desired the mortgago bearing upon the prop erty shall be 'reduced proportionately. ART. IX. See. 1.. Stare holders int haiThg~ pledged their shares to the iesoeiatibn, who o.*e nothing upoh their shares, may Withdraw. flora th. a.seeiation by.,..ing thirty days nodes in writing to The president, then said shareholder oh surrender of his Bertfl ate shall ie refunded all tie p.yments on account of weekly installmnits on shares imd" by him; less any tlaiid fines or Chiat gee, and a pro rata of the citurent year's bxtienses and bsses, if ady up to the date of the 4ti.t prdviQe that a share holde *i thdrawingi ater his Aliares have lWen in exist er2 one yeAr, shall receivq, a Uition to the above ten per ceno, pf the profits on said shares fin eash year that they have be0r in existence. Each written nor.te of withdrawal shall be registered and numbered by the secretary in The order of their receipt and withdrawing stockholders shall be paid in rotation as registored out of the first unappro priated money in the treasury. See. 2. On t1h death ol any share holder whose share is not pledged to the assooiation, his or her legal repres entative shall he entitled to receive in cash the withdrawal value of the share at the time of the last payment made by such deceasl shareholder, less any unpaid fines orhbarges on said repre ottati.e shall be entitled to either a .transfer said share to others or'b 'con t tinue the same by the paynient of I Weekly installment, provided that the Ssaid share be redeemed or transforod or notice giveih'f coiitinuing it, Within 1 the Six months following such death atd in default of action within that time, said share add all accumulations thereon shall beeome forfeited and revert to and become the property of the association without further notice. AR~F. 'X. Sec. 1. No zhare shall be transfered 'except on the books Of the association in the presence of the secretary upon: the surrender of the certficate therefor,: -provided no shares in errears can be transl'ered and thq person to whom the shares are transTered shall sign the by-laws in like member as any orilgnal member. For each share so transtfeed there shall be paid twenty-five 'cents to the secretary, to be 'credited 'to the association. ART. ý't. Sec. 1. Special meetings of the sharehilders shall be convened at the request in writing of ten shareholders, stating the time and object of said I meeting. ART. XII. Sec. 1. No shareholder 'shall ever be held liable or responsible for the contracts or faults of this asssocation in any further sum than the amount of his inuebtedness to the association, nioir shall any more informality'in organiza tion have the effect of rendering this a act nell or 'exposing a shareholder to any lbbility beyond the amount of his' or her sharesa. Ai.T viii. Sec. 1. ABy shateholder may '` represented at a 'meetihg of the issi' a oiation by a wrriten ' roxy, prbvided b said proxy 'shall be givenh only to a Is thateholder.,. .I ART. XIV. Sec. 1. This act of iboiporation can be altered, amended .a~t medified 9 by a vote of three fourths Of'the shares present or represented at a general meeting coxienied for that purpose, or the associatibn dissolved by a vote of two-thirds'bfthe capital, subscribed at la general mheeting, convened, for that f purpose after'ton .ays written nobtie through the maild provided the capi tal of the assodiatln shall net be i creased unless a majority of all the, shares in force shall vote in favor of such increase nor until such notice be given and such 'plblication be made and ,such formalities complttd with as are or may be reqatred by'lan*. This done and passed kt my office in the town of Abbelille In the parish of Vermilion. La., on the day month and year first above written and in jres ence of Henry Leguenec 'and 'Sthnuel Greene, competent witneBsess of law 11A age and residents lof the 'afofesai parish whb hald signed with the par ties. antidthe, Niotlry, after due read ing of the whold,, Three words inter lined if Art III, .Bc. 1 and two words erased in Art. 111.'Sc. l'ind approved before Signing. Lastie lroussard, Adohis Leblanc, W. A. White, 'acbb Isaacs, O. Bburque, 'M. *islier W. B. White, P. L. Mel41ieck, Eli Wie, 'J. A. Petty, C.'J. Ed'wards, 'Jacob Beer, (1. Godchhux, S. P. WattS, D. W. W.ll, . L. J. Ferny, Benard Iac, '00. H. O'Bryan, Eraste Mouton, W. D. Go9clr, L. O. Brbneaard, Isaac Wis, W. H. Chevis, per E. Wise, David Frahfk. A. L. Leblanc, J. T. 1abit, JuliUs Beer, E. J. ILyons, 8ol.Isaacs, E. G. Lemaire, L. Dtte.r Aymar Bourque, A. J. Godard; Maiie Sokoloski, L. Sokoloski. 'Per L. S. W. W. Edwdtds, Sol. Wise, Signed, WIELIAM P. EDWARDS, Nottry Pubiicl Witnesses 3 Henry Leripuec? Samuel redeb. c An.tvvi.t.E, La.) July 5th, 1890. I herelby certify that 1 have expr,.hed .the foregoing chakter of the abbcvllle Building aP8 Lbau Association, Limni ted;.a*a lind nothing therelu contrary t', the Constitution arqd laws of the United States, nor the Constitution and Laws of this State. Signed; MINOS T. GORDY, Dist. Atty. Judicial Dist. Court, IA. Recorded in Vol. 3 of Mortgages at pages ,38 et seq under eNo. 1371, this 12th day of'July A. D.. 1890 Signed, GEO. W. SUMMERS, Dty Clerk and Becorder', State of Louisiana, Parish of Vermilion, I hereby certify that the above .tnd foregoing is a true and correct copy of the original act of incorporation of the Abbeville-Building and Loan Asaocia: tion,:Limited, on file and o.t record iiz this office, Witessa mny official. signature nd. seal of office, at Abbeville, LU., thi 2th day of July, 1890. iEGO. W. SrMfl.ERI .. Di:. .terk Dls Cxurt: o- Corralled the Bride. e '`lots for stories have not nil xt been used, as sone people asserr, il remalkd XW. A. Jennings, of Wyo. Stmin'g. in the Colonnnde, Fr:,: v is evening. , "A friend of mine," he id continued, "who lives out in the of cattle country of the Big Horn . hbasin was a witness in 1885 to ono of the moss remarkable weddings di d which I have ever heard. At that n time a few bettlers had gathered in nl and formed the hibdleus of what i now a properons farming region, hau © the sway of the cowhow was undis. ea pted. ThetGret wedding in thft 1 section of Owl Creek W ~ts that of , Big Charlie afid Meetutso Nance, a Snative ragebush belle. The bride and groom came Petenty five ndiles on horse/back to the squire'q. and~ in exactly the'rme flishion, When within a few nilies of the siauire's home they met 'that official, snr rounded by half a dozen cowboys. Then the bride g.ot restive and nervous, declaring i~a't iho wouldn't marry any man on 'earth. But the judge, the cowboy's and the 'groori were equal to the ,occasion. At a short distance stood the corral. S"Take hor ovve to the coral, boys andput her' in," said his honor. "As Meetutse Nande heard this ordr'iiho mhade m a wild break for tla hills, but her'days of freedom. wer ovrr. She 'was 4nokly run kowa. and ataid a volley of feminine .ase bruse,'loquerice the diiighted boys startel on a lope fBr the oorrl!. Reathing this, Natide leas~e frora her 'bronko iend s~rted r ~ke a scared deer for ofine adjacent brush, but it was'nob go. ~ owever, she fought vigorbhasty, add his honor ordered: Hobbtle hee, boys.' The boys wete in ecatacies. A pair o rawhide W'obleQ w*ere stripped froth a caydire's neck, and their t~it adjaste b6iont the stardy a les of the st' ggling, bride. She wae taken ido- the 'oorrer, snti his hietor, 'ioutiting 'the fence, bade the groom take his place by 'her side and dotch on to her hand. ; This dorie, his hoi6r assumed the look of dignfited importance 'called for by the ocoasion. and midi. "Big Charlie and Meetatse Nance; yon come into this corral -siog.. I now rbuoonmee you a couile. Big Charlie, nuhobble your wife, "*Bat Whis Big Charlie found it difficult to do, and it wns not until one of the cbwboys had gently cast his lari.t over the newlymado wiff that the hoband wpa able to turi the lady loose. Then the justice called his boys together, and saying, Come on, boys, we hain't got no business here now,' led them hway. One of the boys looked back, s'nd the happy couple were busy unpack. ing their camping outfit, and the hO6ieyfioon had evidectly begu.."- Philadelphia Press. Many a man is rich without money. Thousahds , tmen with nothing in their pockets, and thou sands without even a rocket are rich. A man bore with a good, sonad constitutirn, a good stomach, a good hea t bnd good Iimnh and a pretty plod head piece is rich. Good 'iones ire better than goidi toghli posles than silver; and nerves that flash fire nn' .carry etiergy to every function are better t.lian houses and land. It it bceter than a landed estate to have the right kind of a father and mother. Good breeds and bad breed. exi.t among men as rsally rod among herds and horors. FdJcatlon may do much to check evil tendencies or te, develop good ones; til it is a great thing to, inherit the right propor tion of f.ctalties to start with. The man is rich who hbs k ood disposi. tion. who is naturally kind. patientl cheerful. hopeful, and who a tfvor ot wit and fun in his compositrl,.º Tfie hardest Ihiing to net ont with ii: this life is a man's own sel ,A. croie., selffsh fellow, . dc spr>ndi..g and complainiIng relw. a timid and careburdetned oratn--trUse at all horI d.rformd :w. tl' i ile. T.hp'v d', not umpn;. hi' titir uhoughsid