The Ripley advertiser. [volume] (Ripley, Miss.) 1843-1897, 1882-08-26
the CHARTER OF INCORPORATION
OF THE
MUTUAL ENDOWMENT ASSOCIATION.
RipIeV, Miss,

49, ~ S@C VAIN ~ LSbA AoI VI
August, 1882, W. A.. Crum, W, G.
Blackwell, L. H. Elliott, C. L. Hovis,
and G. 4. Belote, residents of the coun-
ty Of Tippah, and State of Mississippi,
and whose names are h~ereunto signed
as corporators, desiring to organize
themselves into an incorporated COM
pany, to be known as the Mutual En-
dowmenU Association OF Ripley, Miss.
And to avail themselves of the proyis-
ions, Of the laws Of State of Mississippi,
hereby and by these presents do COW
enant agree and stipulate, to form
themselves into a body corporate for
the purpose and under the stipulatioas,
obligations and regulations following,
to-WIt:
ARTICLE /. The name and style
OF our corporation sbal be the NJ HtuaI
ENDOWMENT Association OF Ripley,
Miss, ami ny that haunt it shall have
succession and corporate existence for
and curing the tenn OF ninety-nine
years from this date hereof. Its dom
rcile Shall be in the town OF Ripley,
hlss, 1t shall make and use II C0rpor-
ale seal having such device az the di-
rectcrs may adopt. It's directors shall
make and adopc such bylaws and
rules as they may deem necessary III
.he arrangement ot it's business.
ARTICLE 3. The object and pur-
poses oil our incorporation is To a1ord
pecuniary endowment, TT the expira-
lion oI tAeirlcrln Of membership to all
Respectable white persons. Benches
pay aOle within lorty days from explra-
ton OF certificate, wnIch endowment
snail be collected, By AZ equitable rs
oessment upon al. the Aoldcrs ofCWbif-
icates.
ARTICLE 8. The persons whose
names are subscribed W Lnls Charter
shall constitute LAe board OF directors
WHO Shall manage the analrs and busl-
ness OF the corporation, And should
their NUMBER DC reuuced by death, res
ignAyion, OF otherwise to less than
.nree, then the remaining members
shall have authority " eject L sulli-
cieAt plumber vi such others us, viii Dc
necessary 10 make the board complete.
ihe officers OF Li.ls corporation, shall
De IL President, Vice Frealdeut, rleasu-
rel, oeurctary ald Genera MaAager,-
1 The first officer uAdSl tAIS charter SNAIL
DC " X Cruln, President; W u Back
well, Vice President l. II Elliott,
treasurer ;.U l. IIovIs, oecJ aud u
Il BgloLc, GENERA. Manager,
ARTICLE, 4. fAts corporation shall
be governed under the laws OF this
! STATE, ANA By sucn bylaws and reguia-
uons rs MAY be adopted from LlAe +,
time by tile Do8Td Vi directors. But
NO olhcer OF member shall BIZ nAole ioI
any amount 'Deyon.t ms OF her assess
mgnt as fixed " the by laws and rcgu-
latlons of this corporation.
ARTICLE ., AT the ed OF term OF
Incorporation OF in tlc event Vi It's en-
tire Leiminaton, rom ANY Cause, The
board OF directors shall appoint iour
commissioners, none oiwhom shall be
members OF this board OF directors ;
whose duty iTshall be to settle I'LL the
debts and liabilities ofthis ASSOCIATION,
In accordance with the terms Of this
charter, and if any balance is left to
equitably divide it amongst those hold
ing certificates having agreed to our
bylaws and regulations in the manner
OF distribution.
SIGNATURES OF OFFICERS.
w A CRuN, President,
VIC BLACKWELL, Vice President
L H ELLIOTT, Treasurer,
CT HoyIs, Secretary
q y BpLoTE, General Manager.
Approved at the office Of Secretary oi
State, Aug. 18th, 1882.
4 find nothing in the foregoing char
ter violative Of the laws or constitution
of the State.
i. G CArcHINes, Atty Gen,
August 26, lS62--3w.