The Grenada gazette. (Grenada, Miss.) 1885-18??, 1888-09-13
Charter of Incorporation Of the Grenad
County Alliance Warehouse
Company.


ARTICLE l..
The name and style Of said corporation
shall be The Grenada County Alliance
Warehouse Company" and It's domicile shall
be In the city of Grenada, county of Grena,
da. State OF Mississippi. and by that nam.
The said corporation shall have power and
authority 10 have and enjoy corporate exis.
tence and succession without limit, as to du.
ration; to contract, sue, and be sued; tc
make and use a corporate seal. and the same
10 break and alter AT pleasure: to hold, re-
ceive, lease purchase and convey, as well
las ~hypothecate and mortgage under the
corporate maine. property both real and per
sonal; t" name and appoint such officers and
directors, managers and agents, as tho in
terest OF said corporation ma require; ana
10 make and establish such laws, rules and
regulations for the proper management and
regulation Of the affairs OF the corporation
rs may be necessary or proper, and the same
to amend and alter at pleasure.
ARTICLE IL.
VIM. McSwine, p. NJ. Miller, :. 5. Fairfield
w. W. Tru>~rll, A. l.. Bridges, aud such 9th
er persons rs may hereafter become asSociat-
- - AlFIlf HIlu A!ltIT >uCttSSiEs, are mere
10y constituted the corporation and body
cor sorate in law, known as The Grenada
County Alliance Warehouse Company.
ARTICLE III.
The purpose for which this corporation is
astabi ished, and the nature of the business
TO be carried on by it. are declared and speci-
ifed to be The development Of the agrieul'u-
raj resources OF THIS state; to er ect. establish
own and operate warehouses for the storage
of cotton and other agricultural products.
and merchandise; to purchase. build erect.
own and operate any and all machinery for
repairs OF said warehouses;. or for the ma IN
ufacture OF such machinery, or any other
articles; the establishment. maintenance
and operation of manufacturer for the con-
version of the products raised. gathe red or
acquired by this corporation into goods,
wares and commodities; the sale Of such
products, either rs raw material Or In n
manufactured state.
ARTICLE ".
The capital stock of this corporation j.
hereby liked At the sum OF One Hunired
Thousand Dollars, to be represented by TWEEN
ty thousand shares OF five dollars each, aud
no ~stockholder is 10 have more than twenty
'AAhtNS Va NV t'hlhl ~ H. VI WV ilhtiHiN
dollars of stock in all. Said corporation shall
be authorized to commence business when
i've hundred dollars OF its capital stock shall
have been subscribed and paid in.
ARTICLE V.
No stakeholder shall ever be liable for the
contracts or faults of said corporation in any
further sum than the unpaid balance due on
the shares Ufstock subscribed for or owned by |
him, nor shall any mere infDrnIality of or
ganization ha vr the effect OF rendering this
charter null, or exposing a stakeholder to
any liability beyond unpaid balance due on
the amount of his subscription for stock.
ARTICLE VI.
At any meeting of the Stockholders, the
voting upon any matter comma before them
for action by vote, shall he according TO the
shares OF stock of each stakeholder; each
share shall be entitled to one vote and vot-
ing may be by proxy or in person.
ARTICLE VII.
There shall never be any calls or assess
ments upon the stock of this corporation for
any purpose; bat ali moneys needed shall be
raised as hereinbetore Indicated, or by vol
unlary contribution upon the part Of the
stockholders.
ARTICLE WIZ. |
The business Of this corporation shall be
governed by It's stockholders, who may
frame such bylaws and regulations as may |
be deemed necessary by th~em-by-laws to b.
by vote, according TO the number oi
shares held By each -~tockholder.
ARTICLE TX.
The stnrE nf this corporation shall le as
signahle only upon the books Ut The corpora
and a transfer book shall be kept III
which all assignments and transfers OF stock
shall be made, and no transfer Of stock OF
he co poration shall be made by any
stakeholder who shall bt liable TO the corpo-
for any sum of Indebtedness, either AS |
principal or otherwise.
ARTICLE K. |
This act Of incorporation may be changed
altered, or modified, or said corporation may
he dissolved. with the assent of Il majority
in amount of the capital stock thereof at a
general meeting Of the stockholders Of said
CORPORATION convened for such purpose, SITTER |
twen1y days notice previously given in some
published In the city of Gre
NADIA. !
ARTICLE xI.
No person shall be allowed to purchase
any stock OF this corporation unless such
person be a member of the Farmers Alliance
Of the State Of Mississippi.
ARTICLE XII. |
This corporation shall have and enjoy in
to the powers, rights and privileges
enumerated above, all the rights, powers and
privileges conferred by chapter ~, code OF
lssl, and all laws amendatOry thereof, now
IN force, SO far az applicable.
Grenada, Miss, August 20, 1885.