The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1893-06-23
CHARTER OF INCORPORATION
OF The
LUMBER COMPANY


SECIlON /.
Be it known by this charter of incorpor-
that Edward Browne, Robt l..
Chapin, W. R. Sutherland, Jno. W. Muir
ray and Parker Earle are hereby %consti-
tuted Il body corporate, under the lame
and style ofthe Gulf Lumber Company,
and MS such shall have succession for tho
full term OF Fifty years, and by and in is
said corporate name may sue and be sued,
may have corporate seal and in addi.
tion to the powers hereinafter specitical
~ named, shall have and enjoy all snch
lions of its class, by Chapter 25, revised
Code of Mississippi. 1892.
SECTION II.
The demicile of said corporation shall
be the town of Ocean Springs, Misslssip-
pr, bnt it shall be competent for the di-
Iect0rs of said corporation to provide for
meetings of the Board of Directors at
Ocean Springs. Mississippi, Chicago, Ill.,
nois. or elsewhere rs the Judgment of the
said directors shall suggest.
SECTION III.
The capital stock OF said corporation
shall be Ono Hundred Thousand Dollars,
divided into shares of One Hundrel Dol
lars each. Said capi al stock may at any
time he increased to any sun not exceed
ing One Million Dollars upon a vote of II
majority of the stock outstanding, and at
IN election called for that purpose. This
corporation is authorized to commence
business when Twenty-Five Thousand
Dollars in sIocl shall haye been sub
scribed and paid in.
SECTION ".
The objects OF tins corporation arc
hereby de ,lared TO be the manufacture,
purchase, sale and exchange OF timber,
lumber, wood goods, and such other ar
ticles and commodities rs it may desir,
to manufacture and to the end that the
said objects may be accomplished, said
corporation shall have the power to build
erect, own, lease and operate saw and
planning mills, dry kilns, and mills, ma.
clhnery aud manufacturing establish
ments OF every kind aud description. t,
acquire and hold real and personal estate
not to exceed in amount the sum of On,
Million Dollars, to build, owu and opcr
ate all manner of water craft. necessary
VI iohNNllItIIN w SslIV DlSIlltSN, w tu'I
slruct and operate all necessary loggi g
and tram roads, to establish and main
tain all necessary or convenient lnmbe
yards and depots and all such Other
powers incident or granted to corpora
tons of this character under the now eX
listing laws of the State of Mississippi.
SECTION V.
The affairs of the said corporation shall
be managed by a board of five directors
Which number may m the discretion o
the directors be increased.
Edward Browne, Robert l.. Chaplin, W
X. Sutherland, j. W. Murray and Parke
Earle are hereby named as the frs
Board Of Directors.
SECTION VI.
The officers of the said corporation shal
be Il President, a vice President, a Secre
rotary, and Il superintendent, and sue
other officers as may be named by thu
Bylaws. The following named person
shall constitute the first officers {:
Prcsident-W. r. Sutherland,
Observation-Disclosures Earle,
Treasurer-Robert l. Chaplin,
Secresary--Edwanl Brow no,
superintendent. w. Murray.
SECTION VII.
Said corporation may make all sue
reasonable Rules and Bylaws as it ma
see fit, not inconsistent with this charter
or the laws of this state.
SECTION VIII.
The Stockholders of this corporation
shall not he held personlly liable for TIL
debts or faults Of SAID corporation, excer
to the extent of any unpaid balance du
on stock.
SECTION tx.
After the approval of this charter, III
mcorporatOrs shall meet on the Secon
Monday in July, 1898, AZ Ocean Spring
Mississippi,au d organize sand corporation
EDWARD BROWNE,
PARKER EARLE,
ROBERT l.. CHAPLIN,
), W. r. SUTHERLAND,
j. W, MURRAY.
June I6, 1893. lat