The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1895-01-11
CHARTER or INCORPORATION
OF TIE
LAKE MILLS,
MOSS POINT, MISSISSIPPI.
SECTION |

SECTION /.
BE it known that j. BOUNDS. W. c..
VEACH aud such other persons as may
hereafter become associated with them,
their assigns and successors, are hereby
created Il body polite, and corporate.
under the name and style of the LAKE
MILLS, to be domiciled at Moss Point,
Jackson County. Mississippi, and by that
name said corporation shall have succes-
sion for Il period of fifty (50) years, and
as such may sue and be Sued, contract
and be contracted with, plead aud be
implicated and may make and use Il cor
polate seal and alter the same at pleasure,
aud shall have and possess all the pow
rrs, privileges and immunities defined
and conferred by Chapter 25 of the Ano.
tated Code Of 1899. the same as if speci-
fically enumerated herein, provided the
same is necessary for carrying out
The purposes Of this e charter.
SECTION II.
The purpose and Object of said Com.
pany are to manufacture and sell Lum-
Der, and Timber, and all other wood
goods of Whatsoever kind or character as
it may deem fit. and said corporation
may purchase, hold aud sell any real cs.
tate or personal property whether taken
in payment Of debt or otherwise. Ma,
erect, maintain. keen and use NIL srcl
bnlldings, machinery and fixtures nnces
sary for the operation Of its business
may build railroads or other logging de.
vices; may borrow money and secure its
payment as it may elect, and may max,
all necessary BY Laws aud rnleS for the
government Of lis business, not contrary
to law.
SECTION III.
The capital stock of sail c0mnrn
shall he Twenty Thousand Dollars $50.
tO0,) aud the same may he increased t,
Two Hnndred Thousand Dollars $500,
000,) to be divided into shares of On,
Hundred Dollars each, of which Il propc
certificate may he issued TO the pnr,
pai Ing therefor either in money, mlehin
cry, real estate or personal property a
such valuation as may be placed upol
same by the stockholders OF snil com
pany. Said corporation shall meet an,j
elect its officers aud commence itS bu,i
ness as soon as this charter has hcei
duly approved aud recorded as provide;
by tho statute.
SECTION ~.
The management of the affairs OF sal,
company shall be vested in n President
SECRETARY and Treasurer, who may b
elected annually at the annual meet,u.
Of the Stockholders Of said company. sal,
officers to continue in the management
of the affairs of the COMPANY until taei
successors shall have bren elected.
SECTION v.
No s~tnckholler shall be in1ividnnll
liable for the debts Of the corporutiol
contracted dining his ownership of >tocl
for any more than the Il amount OF b llnc
that may remain due and unpaid fot th
stock subscribed for by him.
SECTION VI.
This Charter Shall take effect aud b,
enforced after its approval By the Coy
crnor.
The foregoing proposed Charter ct IL
eolpordtlon Is respectfully referred To tn
Honorable Attorney General for his AT
vice us to the constituencies amt lpall
ity OF its provisions. }. NJ. STONE,
Governor.
jackson, Miss, Dee. 8, 1891.
The provisions OF the foregoing pry
posed Charter Of Incorporation are M
violatlve of the Constellation or laws q
the State. FRANK JOHNSTON,
De. 10, lsoA. Attorney General.
Dec. %, 1894. 45-4