The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1893-10-20
NiPsC .idrprlixeuseuis.
CHARTER 0E INCORPORATION
OF THE
PASCAG0ULA RIVER PACKET
AND SUPPLY COMPANY.

BE it known that on this the 1irh day
of Sentrmber. A. ID. 1893. George s.
Leatllerbury. Jr., NJ. J. O'Neal and +. n.
Lewis. by virtue ct the provisions Of
Chapter Twenty-Five of the Annotated
Code of the St"tr OF Mississippi, ,o here
by organize and form Il corporation for
the objects and purposes herein after
enumerated and to that end and pur.
pose they do by these presents, with the
approval of the Governor of The State of
Mississippi. form aud constitute them.
selves, and such other persons as may b =
{, me asso ciated with them whether by
Purchase, Descent, subscription or other
Use into Il body polite aud corporate n
law under the fOllowi ing articles of the
Charter of said CORPORATE N, : It:
ARTICLE |.
The name and style Of this corporation
shall be the Pascagoula River Packet Il
supply Company, and m that name shall
exist for the period of fifty Years from
the date of the approval of this charter,
unless sooner dissolved by the stockhnld.
crS, and may by purchase or otnerwisr,
acquire. have, hold and enjoy such real
aud personal property as may be required
for the purposes for which This Orgdniza.
tion IS formed, not exceeding in value
the amonn prescribed by Section S35 Of
the Annotated Code of 1892 and shall
II addition possess all the rights and
powers which corpor atio : under the
general laws Of the State of Mississippi
are authorized to exercise or possess,
which may he necessary for it's Purposes
ARTICLE II.
The lomicile o. this cort,urat ion shall
be at Scranton, jackson codnty, Mlssis-
sippi.
ARTICLE III.
The capital stock of this corporation is
hereby fixed at Ten Thousand tS1oOOO)
Dollars, divided into one hundred UUO)
shares OF one hundred (Sl00) dollars
each. As som MS this charter shall be
approved, the said George s. Leather
berry, Jr., NJ. J. U'Neal aud r. II. Lewis.
shall at the doniclle of said corporation
open books of Suisse Upton totht stock of
said co, pO,aliUn, and when three thous.
and five hundred (S},50O) dollars of
stock shall have been Subscribed and
paid in, II meeting of the Stockholders
shall be called, of " hich said meeting all
of tine Stockholders Or subscribers shall
have notice, aud at which meeting the
stockholders shall elect tire, hirlcenrS.
who shall serve as snch until the first
Monday in October. 1894.
ARTICLE ".
The Object aud purpose Of his corpora
tion is hereby declared 10 bc To own
and operate one or more steam boats or
other water craft in the business OF trans
t,.,Ittttr ,n.uy..,,.y.,.. ,,n1 t,.,.I,t 80. -.
from Scranton, and points aud ll ices on
the Pascagonla river and it's tributaries.
and upon such other streams or bodies
OF ma, iSablt water, as the board Of dire
tons may select; 10 own and 0perat.
warehouses ut such places as the boari
Of directors may select, for the purpose
of. storing naval stores ard other iner
chandise, and to carry on II general
wholesale naval store aud feed | u mess.
or general retail mercantile bus ness.
ARTICLE V.
Tho corporate power of this corpora.
tiOn shall be vested in Il board of three
directors. who shall be elected within
thirty days after the approval Of this
charter, and annually lhelenfter o. the
first Monday OF Octo or IN each year.
The board Of directors at Their first mccl-
ing, and annually thereafter following,
every election of directors shall organ.
We by r~lecIing Il President. Vice Presl-
dent, aud Secretary and Treasurer, pro-
vided that the two last named offices
may be held by the same person. Vacan-
cies Occurring in the board ut directors
may be filled by the stockholders at an
election for thar purpose on two weeks
notice to be given ~ writing to each
stakeholder. A majority Of the board of
directors shall constitute u quorum for
the transaction OF business. The board
Of directors may appoint from time to
time, also dismiss at their pleasure such
officers, agents aud servants as may be
necessary for the business Of the corpora.
ton /; the may establish as well rs alter
and amend all snch bylaws. rules and
regulations as may bc necessary tor
the business of The corporation.
ARTICLE vi.
The board Of directors shall meet for
the transaction Of business at lnu office
Ut the corporation, on such other place us
may be designated in tho call for the
meeting: all transfer of stock shall be
on the books Of the company. The di-
rectOis elected shall hold over until their
successors are qualified. and no failure to
elect directors shall work u forfeiture OF
this charter. This corporation may be
dissolved ut any time, upon tho vote OF u
majority of tho stockholders tor that
purpose.
October 90, 1893. 35-4t