The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1889-02-22
Limited.


| Understand by virtue OF tho laws OF
the State Mississippi, Charles A. Greiner,
A. SOderstr0ln, s. II. Bugge, II. +. Krebs
aud their associates and Successors, are
hereby created a body corporate. under
he name and style of frrhe Pascagonla
Wharf and Harbor Improvement COInpa-
n.y. the place of residence OF which shall
be Pascagoula, in the State of Mississippi.
The said corporation is created for the
purpose OF building a wharf, to leave the
shore at the loot of Ma ket street, in the
town of PascagOula, Mississi Ipi, aud ex-
tend out into Pascagoula Bay To the depth
OF twelve or more feet of water.
2. Said corporation sball have all the
rights, privileges, powers, franchises aud
immunities conferred and provided for
under and by virtue of tine laws of the
State of Mississippi. Sad COZ noratiol
shall rave the power to purchase ana W
real and personal estate, and 20 erect
houses On or neal the wharf Of sad
Company to charge for the discha sj1g
OF ballast on said wharf to charge store
age and wharfage Oh goods or merchan-
disc to sell and convey real and personal
property, as may be necessary in the
economical management of its sad bust
ness.
.. The business of the corporation shall
be conducted by a body Of directors,
which shall consist Of such members as
may le determined by the by-lawsfO the
Company, aud said Board of Directors
shall be chosen annually from among the
STOCKHOLDERS of said Company, at such
times aud places, and on such notice as
mas be provided by the bylaws of tie
Company. The Board of Directo s shall
have power to create all officers and
agents thai may be necessary for CON
Quoting the business of the Company,
who shall be appointed in such manner as
may be provided by the bylaws.
4. Meetings of the STOCKHOLDERS for the
purpose OF electing IA Board of Diyec .ors,
and for the exercise OF such other powers
as may be granted by the charter, aud the
tran action of the business of he Compa-
ny may be held in the town of Scranton,
Mississippi, or the town of Pascagoula,
Mississippi. The Board of Directors may
hold their meetings for the transaction of
the business of tbs Company in either of
said towns, at such times and places as
may provided for by the by laws of said
Company.
5. The said Company may sue and be
sued contract and be contracted with,
and may have a corporate seal; may sell
and convey their real estate under their
corporate seal and the signature of the
President and may sell their personal
estate and make all necessary bylaws not
with the laws of the State of
Mississippi, and impose all necessary du-
ties upon all officers or agents.
e. The first meeting of this corporation
may he called by Il notice in writing to
each stakeholder, at least ten days Def re
the time of meeting, which said rotice
shall be signed by one or more of the per-
sons named in the charter, and such meet
ing when assembled may proceed to or
ganize the corporation, All subsequent
meetings of the stockholders or Board of
may be held under rules pre-
scribed by tue by laws of the Company.
The capital stock of said corporation is
hereby fixed at two thousand dollars, and
divided into shares of ten dollars each,
and may be increased to five thousand
dollars, aud each stakeholder shall be al
lowed one vote to each share of stock
hsld, at meetings of the stockholders of
said Company, and such vote may be cast
in person or by proxy in writing.
8. No stakeholder in said corporation
shall be liable OF held responsible for the
contracts of the corporation in any fur
ther sum than the unpaid balance due OH
the share or shares of stock owned or held
by him.
9. The stock held shall be transferable
by the Endorsement and delivery of the
stock certificate, and registry of such
stock in tie books Of the Company.
10. The existence of this charter shall
be perpetual.
There is nothing IN the foregoing char
ter v~iOlative of the Constitution or laws
Of this State. Il. NJ. MILLER,
Attorney General.
February %, 1859. 22-3t