Weekly commercial herald., 1886-06-04
The Charter of Incorporation of
the "Vicksburg Spoke Com
pany.

P6Ays
Section /. Be it known that Charles H. Null
hOll md j. |. Mulholland and j. b. BreS Ir.,
and such others as may bec0 e aSsocia I'd with
them are hereby constituted body, polite and
corpOi ate, under the name ana style Of the
"Nlcksburg Spoke Company" and by and under
that name shall have existence as such body
corpora 2, from and after the approval OF this
charter by the Governor OF the state OF MiSslS-
Sipp.
Section 2. Said corporation is created for the
purp Sc Of manufacturing Sp0keS, Slngletrees,
DOubletress, and other wagon and carriage
material, Br0onls, Handles and other articles
of Wood or Iron, also Cotton, Wool and Jnte
cloth, Cotton Seed Oil and other products OF
Cotton and Cotton Seed, in the State of MissiS
Spp, 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 OF its
business which natural person might do not
Repayment TO the laws OF this State or Of the
United States.
Section 3. Tue capital stock of said
corporation snail be Fifty til .nsanl
dollars (SjO,OJCD with the pry-
ege of increasing to such an amount as the
stockholders may determine not exceeding one
hundred and fifty thousand dollars (Stj00 o..
The shares Of capital stock shall be Que hundred
dollars Is o } edcn and, each s are OF stock shall
be entitled to one vote at stockholders meet
ingS. his cooperation shall have power TO
commence business as soon as ten Thousand dO-
lars (Sl0,000) OF capital stock Is subscribed for
The shares Of stock shall be evidenced by Ger
titicates transferable IN such manner as may
be prescribed by the Bylaws.
section 4, Said Company shall have power to
issue its fully paid up stock certificates, and, Its
bond, notes and othe securities in pa, ment for
property purchased services rendered, Or other
va | considerations, and no holder OF such
paid up stock shall ever be liable for any assess
nlents or for any debts of the company beyond
the amount of the unpaid lOrtlOn Of his stock
Said 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 en- its property, both real
or personal, or e4ther.
Sec. s. The business of the company shall be
managed by the Board Of Directors the number
OF whom shall be fixed and elected by the stock
holders, and Board of Directors so elected may
elect president ana secretary and treasurer,
or any other officers they may choose to create
to manage and carry out said business, and may
pass any rnleS and bylaws they may see fit not
contrary to the law and constitution of the
State, and to change alter, add to or repeal the
same at pleasure, and generally to manage the
same as they choose within the limits Of the
laws OF this State and the United States.
Sec, q. The said Board of Directors shall also
have p'wer to elect I,ppOint or discharge at
their pleasure such other officers and employees
as they may deem advisable, and shall have
power to. fix the compensation Of such officers
and employees.
Sec. Z. ANY of the before mentioned persons
shall have power to call a meeting Of the sub
scrloers Of the stock to this company for the
purpose OF organizing the same, by either a
verbal or wrlttOn notice.
Section g. No subscriber to the capital stock
or stakeholder shall ever be liable for any great
er suM than he may subscribe.
May2s,w-It