The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1888-06-08
Phoenix Ship Yard,
Marine WAYS and WharVGS.

Know all men by these presents, That
Peter Blanchard, William Blanchard and
NJ. Blanchard, and all persons as may
hereafter become associated with them
aud their successors, be and are hereby
made a body corporate under the name of
PHOENIX SHIP YARD, MARINE WAYS AND
WHARvEs, with all the powers, privileges
and immunitieS conferred by chapter 30,
Code 1850, and the amendm ents thereto,
and such corporation is hereby granted
perpetual succession.
The purposes for which this corporation
is created are set forth under the articles
aud stipulation following, tO-wit'
ARTICLE The domicile of the cor
poration shall be at Scranton, Jackson
county, Mississippi, and shall have power
to contract, sue and be sued, purchase and
hold real and personal property, that in
the opinion of the president shall be nee
essary, or convenient for the business and
purposes of said corporation to sell, con-
vey, mortgage by decd of trust, or
mortgage, or ether torn of conveyance,
such property purchased and acquired
by said corporation, and appoint or
elect such officers, or agents as may
be requisite tor the business of the
corporatin, to make and establish as
well rs alter, amend.or repeal at pleasure
such bylaws, rules and regulations for
the proper management and conduct of
the affairs of said corporation, as may be
necessary, and to do all other things with
in or without the State of Mississippi,
which may be necessary and convenient
to do in furtherance of any of the powers
of said corporation.
ARTICLE H,-That the general pnr-
poses of said corporation and the
nature of the business, which it pro-
poses to dc is to own, erect and
operate marine ways, machine shops,
blacksmith shops, and ship yards
for the repair or construction Of ships and
other water crafts and also to and
operate saw mills or planning mills, steam
boats, barges and other cOnveyances; to
buy aud sell logs, lumber, timber and the
like, and to charge and receive such roy
alties, fees, and other compensation for
its laber and services and materials, and
for the use of its wharves as may be
agreed upon between this corporation
and its patrons. Also in connection with
its said ways and ship yards to erect and
maintain wharves and piers for the use of
which reasonable wharfage or mOOrage
will be collected. The said buildings,
improvements and constructions to be
erected upon the lands of said corpora
ton, or other lands that it may rent or
lease, on the banks of the Pascagoula
River, in jackson county, Mississippi, and
to extend into the waters thereof, in front
of said land to such distance as will be
necessary to properly build said wharves,
piers and marine ways, and to conduct its
general business. But not to interfere
with the navigation of said River.
ARTICLE III. The Capital stock of
the corporation is hereby fixed at the sum
of Ten Thousand ($I0,OO0. COY Dollars, and
divided in shares of Ten Dollars each, and
the amount of said capital stock may be
increased as by law provided, and made
payable in such manner as may be de-
termined by the cOTporatOrs her elm named,
at their first meeting, to be held within
days after the approval of this
The stock will be evidenced by
which shall be transferable /
o n the books of the Company, aud until
such transfer on the books no transfer
shall be binding on the Corporation.
ARTICLE IV.-The corporate power
Of this Corporation shall be vested in the
President, who shall also be Treasurer,
who shall be elected by the stock
within thirty DAYS after tbs ap-
prevail of this charter, and annually there
litter, and remain in Office till his success
Is elected aud entered upon the duties
IF his Office, which election shall be held
It it's dOmicile, after giving five da1s no
lice, by publication, in a newspaper, or
up notices in three public places
n said county. or by two days personal
lotiee to the stockholders. Elections
hail be by ballot, and each shareshall be
untitled to one vete by the owner thereof
II such election the stockholders shall fix
alary of officers and agents, etc. The
ockhOlders shall have power to convene
nd oil q vacancy At any time occurring In
be once Of President, by election, upon
ny stOckholder giving the notice that IL
equired at the regular election. A ma
ority of the stock shall be represented at
ach election and meeting aud constitute
quorum. The President shall have pow
Z TO call the stockholders together at
ny time, upon giving such notice - i
fer elections, and the ~stOckhold-
NJ &c such meeting shall have power 20
ass such bylaws and other orders ~
Be necessary for the proper manage .
Of this Cooperation.
There Il nothing IN the foregoing Char
sr u Incorporation ~violative Of the Con-
81 laws Of this State.
+. n. MILLER.
Attorney General.
Scranton, Jans I. 1853 it-H