The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1895-01-18
OF INCORPORATION
OF THE -s
LAKE MILLS,
MOSS POINT, MISSISSIPPI.
SECTION /.

SEC ION i.
BE it. known that j. BOUNDS, W. c.
VEACH aud Sucll other persons as may
hereafter become associated with them,
their assigns and successors. are hereby
created u body polite, and corporate.
under the name and style of thn LAKE
MlLI.S, 10 be domicilcd at Moss Poiut,
Jackson County. Mississippi. and by that
name said corporation shall have success
sion for Il period of fifty (50) years, and
as snch may sue and he sued, contract
and he contracted with, plead and be
implicated and may make and use u cor
poratc seal and alter the same at pleasure,
aud shall have and possess all the pow
ers. privileges and immnnities defined
and conferred by Chapter % of the Auo-
tatel Code of 1892. the same as if spcci-
fically enumerated herein, provided the
same is necessary for carrying out
the purposes of this charter.
SECTION II.
The purpose and object of said Com
pany are to manufacture and sell Lnm-
Der, and Timber, and all other wood
goods of whatsoever kind or character as
it may deem fit, and said corporation
may purchase, hold and sell any real es.
tate or personal property whether taken
in payment of debt or otherwise. Nav
erect, maintain, keen and use all such
buildings, machinery and fixtures neces
sary for the operation Of it's business /;
may build railroads or other logging de.
vices; may borrow money and sccure its
payment as it may elect, and may make
all necessary Bylaws aud rules for the
government of its business, not contrary
to law.
SECTION III.
The capital stock of said company
shall be Twenty Thousand Dollars ($20,-
OOO,) and the sam may be increased to
Two Hundred thousand Dollars ($2OO,-
OOO.) to. be divided into shares OF Que
Hundred Dollars each, of which Il proper
certificate may be issued to the party
paiing therefor either in money, machin-
cry, real estate or personal property at
such valuation as may be placed upOn
same by the stockholders ct said com
pany. Said corporation shall meet and
elect its officers and irs busi.
ness MS o o as this charter has becn
duly approved and recorded rs provided
by the statute.
SECTION Nv.
The management of the Affairs of said
company shall be vested in n President,
Secl etary and Treasurer, who may be
elected annually at the annual meeting
Of the Stockholders ofsaid company, said
officers to cOntinne in the management
OF the affairs of the company until their
SUCCESSORS shall have been elected.
SECTION V.
No stakeholder shall he individually
liable for the debts of the corporation
contracted dnring his ownership of stock
for any more than tho amount Of b,lance
That may remain due and unpaid for the
MOCK subscribed for by him.
SECTION vi.
This Charter shall take effect and be
enforced after its approval by the Gov
ernur.
The foregoing proposed Charter OF In
corporation Is respectfully referred to the
Honorable Attorney General for his adj
vice IN to the cOnstitutiOnality aud legal.
NY 0f Its provisions. j. NJ. STONE,
Governor.
Jackson, Miss, Doc. g, 1894.
The provisions Of the foregoing pro
posed Charter Of Incorporation aru not
violntlve OF the Constitution or laws oi
the State. FRANK JOHNSTON,
Dec. 10, 1694. Attorney General.
Dec. %, 1894. asa,