The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1893-11-10
CHARTER 0E INCORPORATION
OF HE
PASCAG0ULA RIVER PACKE7
AND SUPPLY COMPANY.

BE it known that on this the 1ith day
of Sentcmber, \. ID. 1893, GEORGE ).
Leatlerbury, Jr., MI O'Neal and +. II.
Lrwis. by virtue Ut the provisions OF
Chapter Twenty-Five of the Annotated
Code of the St"te OF Mississippi, do here
by organize and form II corporation lol
the objects and purposes hereinafter
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 and constitute them =
selves. and such other persons as may be-
come associated with them whether BY
purchase, descent, subscription or other
wise into II body polite and corporate in
law under the following articles of the
Charter OF said Corporation, to.wit:
ARTICLE /.
The name and style of This corporation
Shall be the Pascasoula River Packet 4
supply Company, and in that name shall
exist for the period of fifty years from
the date OF the approval of this charter,
unless sooner dissolved by the stockh old
crs, and may by purchase or otherwise,
acquire, have; hold and enjoy such real
and personal property as may be required
for the purposes for which This %organiza-
ton is formed, not exceeding in value
the amount prescribed by Section S3S of
the Annotated Code Of 1892 and shall
III addition possess all the rights and
powers which corporations under the
general laws of the State of Mississippi
are authorized to exercise or possess,
which may be necessary for its pirloseh
ARTICLE IL.
The d0micile OF this corporal ion shall
be AZ Scranton, Jackson colnty, Missis.
ARTICLE III.
The capital stock of this corporation is
hereby fixed at Ten Thousand ,Slo!0OO)
Dollars, divided into Que hundred Q0U)
shares of one hundred (Sl00) dollars
each. AS Dol aS this charter shall be
approved, the said George S. Leather
berry Jr., Nj. j. O'Neal and +. II. Lewis.
shall at the domiclle of said corporation
open books of subsc Upton to the stock of
said col operation, and when three th0us-
and five hundred (S3,5O0) dolla,s of
stock shall have been subscribed and
paid in, IL meeting of the Stockholders
shall be called. of " hich said meeting all
of tue Stockholders or subscribers Shall
have notice, aud ut which meeting The
stockholders shall elect three ,lirtlceors,
who shall serve as snch until the first
Monday in October. 1874.
ARTICLE ".
The object aud purpose of this corpora
ton is hereby declared to be TO own
and operate one or more steam boats or
other water craft, in the business OF trans
porting passengers and freight to and
from Scranton, and points and pl ices on
the P~ascagUnla river and it's tributaries,
aud upon such other streams or bodies
OF nav igablc water, as the board If dircc~
tons may select to own and operate
warehouses at such places us the board
of directors may select, for the purpose
of storing naval stores ard other mer
chmldisr, and to carry on II general
wholesale naval store and feed nsincss.
or general retail mercantile business.
ARTICLE V.
The corporate power of this corpora
tion shall be vested in IL board of three
directors. who shalr be elected within
thirty days after the approval of this
charter, and annually thcl enfter on the
first Monday OF October in each year.
The board OF directors at Their first meet
ing, and annually thereafter following,
every election of directors shall orr m .
lze by elecling II President. Vice.Presi-
dent, and Secretary and Treasurer, pro-.
vided that the two last named offices
may be held by the same person. Vacan-
cies Occurring in the board OF directors
may he filled by the stockholders at IN
election for that purpose on two weeks
notice to bc 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 bo necessary tor
the business OF The corporation.
ARTICLE vi.
Tho board of directors shall meet for
tho transaction Of business at the office
OF the corporation, or such other place as
may he designated in the call for the
meeting all transfer OF stock shall be
on tho books Of tho company. The d.
rectOis elected shall hold over until thor
SUCCESSORS arc qualified, aud no failure to
elect directors shall work u forfeiture Of
this charter. This corporation may be
dissolved at any lime, upon tho vote of u
majority Of The stockholders Tor that
purpose.
October 20, 1888, 35.lt