The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1886-07-24
The Charter Of Incorporation oi
GREEnvILLE OIL WORKS.


Section 1. Be it known that Geo. +.
Billingsley. w. 4. Pollock, Henry Crit
tenden. John Kendall and Joshua Skin
ner and their associates and successors,
be and they are hereby Incorporated un-
der the name and style Of Greenyille oil
Works, and by that name may sue and
be sued. plead and be impieaded in all
courts of law and eqaity, and NAV have
u seal and alter the same at pleasure.
Sec, 2. That the capital stock of the
said corporation shall be Two Hundred
Thousand Dollars. divided into shares
OF One Hundred Dollars each, and that
so soon as the sum Of Fifty Thousand
Dollars Is subscribed and paid into the
capital stock, the company may organ
lie and commence business.
See. J. That the management OF the
business of said corporation shall be
eoniided to Board of Directors, to con-
sist Of five members, all of whom shall
be stockholders, and who may be elected
annually by the stockholders at their
regular annual meeting. and who shall
hold their office until their successors
are elected and qualified and that said
Board OF Directors shall have power and
authority to make any and all needful
rules, bylaws and regulations tor the
control and management OF the business
and affairs of said corporation. its prop
erty and funds, and the mode and man
ner OF transferring its stock. and any
and all other matters appertaining to
the business and concerns of said corpo-
ration. as In their judgment may be
deemed proper and necessary.
/ A that rI af fs..s
shall elect from their number a Presi-
dent, Nice-President, and a Secretary
and Treasurer, and such other officers
as may be deemed necessary for their
efficient organization and TO conduct
the business OF said company and the
President, or In his absence the Vice
President, may also appoint agents, and
locate such agencies In any Of the cities
and towns of this State as he may think
proper. TO represent the business and
Interest OF said corporation; who may
be intrusted with whatever power and
authority said President may think prop
er to confer upon them for the purpose
of transacting the business OF said cor
poration and for the protection and pro-
motion of itsrights and interests. And
The Board Of Directors shall fix the sal
airy of the President and ce-President,
Secretary and Treasurer; and the Pres
ldent shall have the right to fix the sal
aries and define and enforce the duties
of all officers and agents appointed by
him. and remove the same at pleasure.
Sec. .. That SAID corporation may
hold and possess all real estate that may
be necessary to enable II to carry on Its
business, or that may be convenient
| therefor; and also auy real estate which
| ii may at any time take or receive In
payment of any debt or obligation, and
the same may be disposed Of by the
Board of Directors at pleasure. And
the corporation may borrow money, and
for that purpose may issue Its bombs
under its seal and execute mortgages
upon Its real estate.
Sec. q. That snid corporation shall be
authorized and the object and purposes
and business Of said corporation may be
the manufacturing and refining oils.
making soaps, ginning cotton, manufac-
turing cotton yarns aud cloths. carry on
u warehouse business, may own and con-
troll the landing and privileges on the
Mississippi river known as Bachelor
Bend Plantation Landing granted BY
Benjamin Roach to Andrew b, Carson.
aud may own. hold and control The stock
of a corporation known us the Merchants
Whari-boat Association OF Greenville,
and compress business for compress
ing cotton NJ Greenyille, Mississippi
together with any other business direct
ly or Indirectly connected with the spe-
cial privileges hetein granted.
Sec. Z. That thhre may be regular
annual meeting If the stockholders OF
said corporation ip be held in the City oi
Greenvile, in the state Of Mississippi,
the domieile OF sail corporation. for the
purpose Of eectitg Board Of Direc-
tors and transactiilg such other general
business as the interest 0, the corpora
tiVn may require. The first meeting TO
be held within thirty days after the
aforesaid sum of Fifty Thousand Dollars
of the capital stock has been subsci ibed
and paid in and afterwards on the iirsl
Monday Ia May o' the following year
aud each year afterwards aud that in
NIL such meetings amajorlty Of the stock
subscrbednnd paid in shall constitute
u quorum, mch share TO be counted as
one and to .ntitle lis holder to one vote
either IN peson or BY proxy.
| July lO-lf