The Magnolia gazette. [volume] (Magnolia, Miss.) 1872-current, 1891-04-18
CHARTER OF INCORPORATION
FernwOod Lumber Com
pany.

I
The purposes iot which this Cooperation "A
created are tn own or lease and "a onerafe
Saw Mills, 10 acquire and own aan,Ia. Ii bnIId.
maintain and aperNte itrsmways for loge 81
mllls Or other mechanical lntsna f,r sdrsssisss
lumber, or any other haillink hatAriall nsfi.
mi or proper IN the construction Of a building
Of any and oil sibstancee Whatsoever 10 en
gage ~ tbs biisiaess Of nerehAndixinp is
engage II such business nf milling and man
State n fsaN '1tfl i'ifN ~
Tho porssns herrby Incorporated are q.
Anochs, y. Enoeha and n n Euochs, and
they and snch others ~ may fron tlme to
tme hold shares OF tts capital stoei. shall
compose IT,.
thus corporation shall continue Cor n,net,
nine years. .NNM AH9sf9 NIF
The corporate name shalt be FERNNoOD
.uMbER COMPANY, and by that uaian 81
may sn, aud be sued, cnntract and H. ca,
iracied with. may havh corporate seIl. may
buy aud sell real estate aad persohal proper.
", may execute negotiable papers or bgnta.
and may seonte tho same BY mortgage ,,r
decd OF trast on anY or an of its property,
or mortgage, aud generally shall have Aueh
powers as are provided by The consultations
aud laws VI tnia State for such corporations.
s,oa ana proper tor etie0tlpg the purpose of lts
The holdeie cf shares OF tile capitnl stook
ratiDu begond the amount 0funbaid subscfip
tiun Tor en Oh stock 30 held. q t@s. y
The doiniciie Of tho c0rporatios shall be tho
town OF bernw"ods Pike county. State Of Mis-
sisHlpRi M 49, f4 p -
The capital stock of the corporation shah
he ono hundred thoueand doflnfa, IL sbarcr OF
one hundred dollars enrh, aud The eAiitsi
stock may be Increased or diminished ~ hy
law provided. Tue pei sons named as ihcbr
perators herein, OF msjority Of thgm. may
AT a
Of April, H9i,at the biiico % the milf effeuotlis
bros. feinwo0d, Pike Uonnty. MisAiaaippi,
aud open bp0ke Of subscription 70 the catntal
stock Of said Coz pafati0n, aud when forty
thousand dollars shalt have been subscribed
and paid 10 on the capital et0nk thoil, said
corporation may organize and commence bns.
mess The subscriptions 20 the capital stock
OF said corporation may be paid ln properly
al such value as the incornorat0r herein
named may upou II before, aud as tho stock.
holders may agree upDn n after, organization.
The said corporation may enact nuoh nv
laws as the shareholders may adopt. not n
conslatent wish the constitution aud laws oi
this state
The officers OF the corporation shall be
elected Wy maj0tity Of the shares Ul eapital
stock voting, each share being entitled TO one
vote, at q meeting Of Tho Eharyholders aud
unless changed by by-aws, shall be "A presi- :
dent, aud secretary and treasurer who may
be one person and eithsi the president orlthe
secretary shall hayn power 10 make eontFacth
aud execute AL Mstfuments for the coi1ipfn
tiOn, until otherwise ordered by By law and
they ehail hold office Tor oBe year and, untii
their successors are elected aud quail lied and
| until such election aud qualification. I O.
EnOcis shall be president aud r. n. Eaotle
seeratarr and treasurer
| When the shatelioidtfs sliaii deem board
OF directors desirabls they may elect such
number AS may be provided by'by.laws, and
until such election the sharehcldefs ahall
niaiaxe the corporation by suoh by laws 1T
they may adopt