The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1891-09-25
TEE CHARTER OF INCORPORATION
"THE
ICE COMPANY"
UNITED STJTES or AMERICA,
TIE STATE OF MISSISSIPPI, /

ninety-one, and of the Independence OF
the United States of America the one
hundred and sixteenth, the persons whose
names are hereunto subscribed declare
that, availing themselves of the general
statutes of the State of Mississippi rela-
tive to the organization of corporations
for works of public Improvement Il d
utility, they, together with such Others
as may hereafter associate themselves
with them and their assigns and success
sors, do hereby form and organize them
selves into, and constitute u corporation
under the following stipulations and arti-
cles, to-wit /:
ARTICLE /.
The name and title of the corporation
hereby formed is declared to be THE
PAsCAGoULA Ice COMPANY"
ARTICLE II.
The domicile of said corporation shall
be the town of Scranton, State of Missis-
sippi its President. is designated as the
officer upon whom citations and all other
legal process shall be served.
Said corporation shall exist, and have
and enjoy succession, under IT'S corporate
name, for the term and period of twenty
i've years, commencing on the day and
date hereof, and shall have power and
authority to contract, sue and be sued, to
make and use Il corporate seal, and the
came TO break or alter at pleasure. and to
hold, receive, purchase and convey, us
well us to lease, mortgage and ny pothe-
cate under It's corporate name, all proper
ty, both real aud personal.
ARTICLE III.
The objects and purposes Of this co; po-
lafi.,.. nnl tl. nnt,,.. 81 ita ,,,,, 80.
hereby declared to be the manufacturing
and sale OF ice, the manufacturing and
sale of mineral waters. the canning aud
selling of fish, fruits, vegetables and
other products. the furnishing of motive
power for, and The maintaining of cleo.
trio lights and systems, the purchase, |
charter aud operation of boats, vessels
and barges, and the furnishing of cold
storage for beer, aud all ether articles
needing Il low temperature.
ARTICLE w.
The capital stock of this corporation is
hereby fixed at Fifteen Thousand Dollars, J
represented by one hundred and flty
shares of the par value of One Hundred
Dollars each, to be paid in such manner
aud lnstallments as may be determined
by the Board of Directors any stock
holder refusing or neglccting to pay any
installment due on his stock us called for,
shall forfeit his stock to the corporation
after the lapse of thirty days from day of
notification by the Secretary.
This company may commence opera
tions and proceed with all business as
soon as the Board of Directors shall so
direct. 20 stakeholder shall ever be held
liable OF responsible for the contracts,
on debts of this corporation beyond
la IN mil 1n1.,a, % L., .t..I-
ARTICLE V.
All the corporate powers of this cOrpo-
except as herein limited, Shall be
vested in and exercised by it's Board of
Directors. TO consist of five directors, each
Of whom shall be an owner of one or more
shares of its capital stock. A majority of
he Board shall constitute u quorum for
he transaction of business. All vacan.
occurring Un the Board from any
shall he filled at a stockholders
meeting held for that purpose, as soon as
practicable after said vacancy occurs.
Fen days notice of such meeting shall be
given to each stakeholder by the Srcre-
AIRY, in writing. One vote shall he
counted for each share of stock voted
lpon and II plurality of votes cast shall
sufficient to elect. The Board OF Di-
'rct0rs shall appoint. by u majority of the
whole Board, one of their number as
rs President of the corporation it shall
appoint, by a majority of the whole {
Board, Il Secretary, who shall act as bust
less manager, u Treasurer, who shall be
stakeholder and shall furnish such bond
Is the company may require, aud such
'ther employees and and agents as it may !
lecm necessary, define their duties and
tx their salaries. Said Board of Direc-
nnS shall La % full n0va 20 n,nlvn n.,l
,rdain bylaws, rules and regulations for
he management of the business of this 7
corporation, and to alter and amend the
anne at its pleasure. The Board of Di-
.ectors is authorized to purchase real |
machinery aud all other things :
which in their Judgment the needs of the
may require.
ARTICLE VI.
The following named stockholders
hall constitute the first Board of Dmec.
ors, and shall hold office until the First
of April, 1898, viz: l.. Il. Belt, q
sr., +. Nc. Ardle, +. p. Rivet. John Eos
Ell and Ed. Bloomfield. On the First
of April, 1893, aud annually -
hereafter, fifteen days notice thereof
been given by publication once "A |
week in a newspaper published in Jack
county, Mississ ippi, an election shall
re held at the office of the company in
scranton. Miss, for directors to serve for r
he ensuing year, a plurality of votes, |
ounting one vote tor each share of stock
.oted upon by the owner or his proxy,
hall elect u director. Any stock voted
" proxy mnst be voted by a stakeholder.
{, from any canse, said election should n
lot be held, the meeting of stockholders c.
or The election of directors may be post
Osed to fifteen days thereafter, notice =
hereof being published as above. until a
aid election is held. All elections shall
e by ballot and superintendent by three
tockbolders mot ~directors) appointed by
he Board, aud the directors then elected
hail take their seats Immediately after .
aid election. At any meeting of the ~
,oard of Directors, either monthly or =
pecial. absentees may vote by proxy on It
II subjects coming before said meet
~. No transfer of stock shall be deem n,
4 valid or shall he recognized by this =,
,rporation unless the original certificate en-
hereof shall be returned to the Secretary ~
nd a new one issued in its stead the ri
returned TO be pasted on its 81
rigiDal stub, and h word cancelled" h,
ritten prominently across the face. No a,
rare of stock shall he entitled to a vote ri,
Mess the same shall have been owned -
y the person voting it at least fifteen
prior to the election. -
ARTICLE VII.
This charter may be altered or amend
], the capital stock increased to $50, 200,
the corporation dissolved by a vote of
ree-fourthsofthe capital stock represent
| at ageneTal meeting ofthe stockholders ia
'nvened for that purpose, after thirty in
lys' notice, Published once a week in a 80
swspaper issued at Scranton. Miss. ; =,
I'd in case of liquidation the s~tockbold !"
5 at said meeting shall appoint from