The Grenada gazette. (Grenada, Miss.) 1885-18??, 1888-09-06
esartsr 81 Incorporates ~ tts 6Esss4A
Gsupty Alliance WsFekaRss
Company.


sesfpB
4hTICLK
Tho naI,A aud styie Of said nafp3saii4..
stall DC nFhe 6Fsnaia County tAil,aqcs
WAREHOUSES Company, and its dGIaioils shall
be In the Dity pf Grsai.aa, county VI HSailar
da, State II Mississippi, and by that lame
the said corporation shall have pnh2fs and
authority 70 have ami enjoy corporate sNis'
tenee and suggestion without limit, as - lu'
ration, TO contrast, sue. and la sued, ~
make ana use n corpOfate seal, and the sane
10 break and alter at pleasure; To hold. Ta-
ceiva, lease PURCHASE and convey, as we'll
as h~ypoths9aty and mortgage una-r the
corporate gaiuo, property both real ana petg
sonul; to am and 1ppaint such Officers aud
directors, managers and agents. as the in.
teresi of said corporations may require and
Ia make and estahIisA such laws, rules and
regulations for tie proper management and
reguistiOn of the affairs Df the corporation
as may Ia necessary or proper, and the same
to amend and after at pleasure.
AETiCLE II,
Wu1. M"S~tHc, p. NJ, Miller, =, S, Fairfield,
" ", Trusseii. \, l., Bridges. and such 9TH
er persons IA may hereafter BECOME asSoclat-
ed With them, and their successors, are here
by constituted the corporation and body
corporate III law, known as The Grcnadu
County Aliianc" Warehouse Company.
AHrICLE III.
The purpose for which this corporation is
established. aud the nature Of the business
10 be carried on hy II. are declared and sp"ci-
fled TO tc the Development of Tho asrlcultu-
| rt ,,r .,. - t,t5 10, f@.-,nt .,t,Ii II A.
own and operate warehouses fur tho s!orug"
Of cotton and other agricultural products,
and rlarrhHndisc; 10 pLrGhaSe, huild erect,
own and opcral" any and ali machinery for
repair. of said warehouses;. or Tor the man
ufacture Of such machinery, or ANY other
articles; the establishment, maintenance
and operation Ut manufacturer for ia" con-
version Of tir products raised. gathered or
acquired by this oorinraEtnn intH goods.
wars and commodities, the -alc Of such
products. either as raw material or in n
manufactured elalG.
ARTICLE ~.
The capital stock Of thi. corporation i
hereby liked NJ the sum uf one Hundred
Thousand Dollars. to lie represented by Iwrn-
~ thousand shares of Ave dollars each. and
az AlipitltI II 10 nave iiltFt IHul twenty
shares Of nye dollars each. or one hundred
dollars o fstork In All. Said corporation shall
be- authorized to commence" business when
five hundred dollars OF II. capital stock shall
have been subscribed and paid In.
ARTICLE Y.
No -tockhold"r shall ever he liable for the
contracts or ianlts Of said corporation in any
further sum than the unpaid balance due on
tile shares of-t"Ck subscribed for or owned by
him. nor saHil any mere informally OF or
ganizatiOn har" The effect of rendering this
charter null, or rSp"-ing - stakeholder 10
any liability '"yond unpaid balance due on
the niuount.o his subscription for stock.
ARTICLE VI.
AT any meeting Of tn. ~stnckhollrr-, the
voting upon any matter coming before them
for action by vote. shall be aro0rling TO the
shares Of stock OF each siockt0lucr; each |
share shall be entitled u one vote and vot-
Ing may be by proxy or in person.
ARTICLE VII.
There shall never be any call. or Assess
menLs upon the stock ofthi$ corporation for
any purpose; but all moneys needed hall be |
raised IA hereinbcfOrr Indicated, or by vol.
untary contribution upou the part OF the
Stockholders.
ARTICLE VIII.
Tho business Of this corporation shall be |
governed by It's s~tOckhoidcrs. vino may
frame such by-luWs and regulations rs muy |.
ne deemed necessary by thein-by.laws to hc
adopted by vote. according to the numbcr Of
shares held by each ~stockholder. |
ARTICLE TX.
The stock OF this corporation shall he AS
sistiublc only upon the books OF the corpora |
ton; and a TRANSFER book shall h' kept, 1T
which all assignments and transfers ct stock !
shall be- made, and NJ transfer ~ stock ni
the corporation shall be made by amy
>tOckhnlder who shall br liH''tc to ia" rori"- !,
rnttun for amy sum uf iud"btednrS., either ~ J
principal or otherwise.
ARTICLE Z.
This act Of Incorporation may be changed, |
or modified, or said corporation may |
lac dissolved. with the assent Of a majority
in amour OF the capital stock thereof at n
meeting OF the stockholders Of said
corporation convened for such purpose. after
twenty dag notice previously given in some
newspaper published In The city OF Gre
NADIA.
ARTftLE Xr.
No person shall b" allowed to purchase
any stock OF his corporation unless such
person be a member Of the Farmerr' .AIlisnce
NJ the state Of Mississippi.
ARTICLE XII.
Thit corporation shall have and enjoy. in
to the powers, rights and privileges
above. all the rights, powers and
privileges conferred by chapter "a. cod" of
1891, and all laws ainendatOry thereof, now
IN force. so FAR as applicable.
Grenada, Misc, August 10, 1885.