Weekly commercial herald. (Vicksburg, Miss.) 1884-18??, 1886-06-18
Tbs Charter Of incorporates of
the "Vicksburg Spoke Com
nAnVn q

The Charter Of incorporation of
the "Vicksburg Spoke Com
pany." 8
Section |. Be it known that Charles II. Nj
holland, }. |. MulhOlldnd and j. b. Bres. ,JT4
and such Others as may becO G asSOcla ed with
them are hereby constituted a body, polite and
corporate, under the name and style of the
''VtckSburg Spoke Company" and by and Under
that name shall have existence as such body
corporate, from and after tile approval OF this
charter by the Governor OF the STATE of Missis-
SippI.
Section 2. Said corporation is created l@. the
purp Sc Of manufacturing Spokes, singletrees,
DoubletresS, and other wagon and carriage
material, Brooms, Handles and other articles
OF Wood or Iron, also Cotton. Wool and .Jute
cloth, Cotton Seed Oil and other producers of
l0ttO1 and Cotton Seed, in the State of Missis-
sippt, and Shall have power to own. buy, sell or
lease any real and personal property, or any
interest therein, which may be necessary or re-
quired for the convenient transaction 0f IFS
business, which Il natural person might do, not
Repayment to the laws of this State or Of the
United States.
Section 3, TIE capital stock of said
corporation snail be Fifty thsuSanG
dOllarst (S50,0l0,0 with the DrivtI.
ege OF increasing to such an amount as the
StOcklOioers may determine not exceeding one
hundred and fifty thousand dollars $4,000.
The shares of capital stock shall be one hundred
d0llarS ($lOO each and, each Sh tre Of stock shall
pc entitled to one vote at a stockholders meet
lngs. ms corporation shall have power to
commence business AS soon as ten Thousand dol
lars $4,000 of capital stock is subscribed for.
Inc shares OF STOCK shall be evidenced by GER
tlllcateS, transferable in such manner as NAV
be prescribed by the Bylaws.
section, 4, Said Company shall have power to
issue ltS 1ully paid up stock certificates, and, its
DOndS' nOtcs and other securities in ymer for
property purchased, services rendered, or other
Valuable considerations, and no holder of such
paid up stock shall ever be liable for any assess
ln,ents or Tor any debts of the company beyond
Iue amount OF the unpaid portion of his sock.
Slld company shall have power to borrow
money and to issue its bonds or other securities
In such form as may b. deemed advisable. Sc.
cured by mortgage on its property, both real
or personal, or either.
Sec. 3. The business of the company shall be
managed by the Board Of Directors tile number
of whom shall be fixed and elected by the sock
holders, and Board of Directors SO elected nav
elect a president and secretary and Treasurer.
or any other officers they may choose to create
10 manage and carry out said business, and may
pass any rules and bylaws they NAV see titnot
contrary to the law and constitution OF the
State, and to change, alter, ladd to or repeal the
same aI pleasure, and generally to mauape the
same IS lney choose Within tile limits of the
laws OF this State and the United States.
Sec. q. The sad Board Of Directors shall o1eo
have power to elect ol'ppoint or dlseharge al
their pleasure such other officers and e~InpIayes
as tney may deem advisable. and shalt Fave
v 10 NIX the compensation OF such officers
and employees.
Sec. 7. Aryof the before mentioned persons
snail nave power to call a meeting of HE snh-
scrloers OF the stock to this company for the
purpose OF organizing the same, by either ~
verbal or writtOn notice, NJ
section = No subscriber to the CAPT al stock \
OF slocknolder shall ever be- liable for any great
er<sum imam he may subscribe.
May2s,w-it