The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1891-11-27
CHARTER OF INCORPORATION
E SPRINGS LUMBER
COMPANY,
OF OCEAN SPRINGS, MISS.
ARTICLE |.

BE it known by this Charter of Incor-
porution, that Parker Earle, M. l.. Ansley,
j. +. Casey, +. s. Earle. c. L. Earle and
such Others rs may hereafter associate
themselves with them, are hereby created
a body corporate under tho name and
style of THE OCEAN SPRINGS LUMBrl,
COMPANY" and as such shall have and
enjoy succession for the full term Of
nincty-nipc years, and said corporation
may have II corporate seal a%d alter or
break the same at pleasure, may ~contrac,
and be contracted with, sue and be sued,
acquire and sell real estate, improve, en-
cumbeI or otherwise dispose of the same
may make all necessary bylaws not in.
consisten; with the laws of this State,
and shall have all snch other rights,
powers, privileges aud immunities as are
granted to corporations nnder the pro-
visions of Chapter Thirty Eight of the
revised code of Eighteen Hundred and
Eighty, and the several acts arncndatory
thereto.
ARTICLE IL.
The purposes for which this corpora
ton Is created are hereby declared 10 be,
the manufacture aud sale OF lumber.
timber and other wood goods, aud such
other commodities as TO the Board OF
Directors may seem cxpedient, at Oeees
Springs, Mississippi, and at snch other
point OF points III said State rs may by
the Board OF Directors hereafter be deter
mined upon. And to the end that these
purposes may be accomplished. said cor
poYatjon shall have in addition the powers
above enumerated, the right to acquire
lease, encnmber, sell and otherwise dls-
pose of. aSd 10 use in their business. such
water craft rs may be needfnl Tor is
proper operation aud management ana
shall have the right to ESTABLISH snGh
lumber yards, or other depots aud iaclll-
ties tor the sale of lumber or other com
modities that 1t may manufacture. nj sneh
point or points M may be detcrmlned
npon by The Board of Directors. Ana
said corporation shall have the right to
establish aud conduct such stores or mer'
camille business ms to its Directors may
ST EN- advisable and proper.
ARTICLE III.
Tie alta RS of said corporation shall 10
managed by a Board of Five Directors
TO DO chosen annually by the stockholders;;
The officers of the SAID corporation shali
be u President, Vicc-President, who shan
also he general manager, a Treasurer ana
Secretary and such other athccrs ~ nhli.
be needfrl for the proper management OF
its affairs, AID it shall be lawful to com
bine any TWO or more of said offices ~ W"
person. Said officers shall be electea
by the Directors.
ARTICLE ".
The domicile of said corporation u
fixed ut Ocean Springs, MISSISSIPPI;
and its principal place of business Sna"
be there located.
ARTICLE V.
The capitnl stock of said corporation y
fixed Mt Fifteen Thousand Dollars
1915. 000). divided into One HnnC red an"
(I50) shares of One Hundred Dollars
(SlO0) each, and kaid corporation y
10 commence Business whon
Ten Thousand Dollars (s10,OO0l IN sioch
shall have been subscribed and paid' "
cash or its equivalent, and said corpora
ion is authorized to Issue full paid stoch
in payment of any property which u ma"
lesire 10 purchase iI the fnrtherance u
It's business. The capital stock oil w"
corporation may be increased at anN ,no
any amount no to exceed ohe y"
lred Thousand (sIOO.OO0) said increase "
be made only at a general meeIl"s
rallied tor that purpose; ~
mon the vote of tw0-thirds OF all in1
,fock outstanding at the time oil s""
Meeting.
ARTICLE vi.
The stockholders shall not be Liable :"
he debts of said corporation in excess"
INV unpaid balance due by any subscr'O0'
m his stock.
ARTICLE VII.
Parker Earle. NJ. l.. Ansley, MI
Inslev. L. s. Earle and J. =. CASEY s" "
onstitute the first Board OF Diree.oIs
his -corporation, aud shall hold omS'
Iptil the list Monday Of Novembcr; -
r until their successors have been eieels
nd on the LIST Monday IF November, -
nd annually thereafter the
+ said corporation shall meet az 80
Mississippi. and elect pT
T.. =. EARLE,
G. 4. EARLE.
NJ. l.. ANSLE1,
J. Z. CASEY.
OCEAN snYings. Miss A.. Nov. 2, lesi.
There rs nothing in the foregoing en-.
n violafive Of the Constitution
4 .his State- r. NJ. MILLER
Attorney-GeneTa,.
aJwo~,,sa IN the DENoCRA4