The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1895-02-15
CHARTER OF INTERPRETATION
OF TIE
LUMBER CO.
SCRANTON, MISSISSIPPI.
SECTION |.

Re il known that GEORGE ". FAIILK,
EMMA &. rLA1r, aud klLA PLATE,
aud such othrr persons as may he rrafter
bcenme associated with them. their us.
sigus aud su, ecssors. are hereby created
n body polite, and corporate under the
namo an, s.vlc of THE FAULK- PLATT
LUMBER COMPANY, to be dvmiciled nc
The town of SCRANT IN, Jackson Coun-
~. State of Mississippi, and by that name
said CORPORATION shall exist and have sue
cession for a periud of fifty COY years,
aud as such may sue and be sned. con
tract and be contracted with. plead anil
he implicated, and may make ant. nse a
e. rpoiate seal. and alter the same ut
pleasure, aud shall have aud possess all
OF The powers, privileges aud immunlties
driined aud conferrr,, by the provisions
Chapter twenty-five (25) of the Annota-
ted Cole of Mississippi of 1892. the same
rs is sl,et %iiicalIv enumerated herein, pro-
vided the s me is necessary for carrying
ont the purposes of this Charter.
SEi I1ON =.
The purpose and Object ei said Com-
pauy are to N. nufictufe and sell Lum
her aud Timber. ahI oil other wood goods
OF Whatsoever kind or character AS it
may deem fit. and aid corporation may
purchase. hold aud sell any real estate or
personal property whether taken in pay.
ment Of drht or Other wise. MAY erect,
maintain. keep, and usr all snch build
Iings. machinery and fixtures necessary
for Tho Operations of it's business; and ia
connection Herewith may i9 a general
mercantile business. and provide all
houses, teams aud other property Incl
dent to carry ing it nh. May build log.
ging railroads or other logging devices !;
may borrow money aud secure its pay
ment as it mlv elect. aud may make all
necessary BYLAWS and rules for the gov
crnmcnt of its business, not contrary to
law.
SECTION g.
The rapi!al stock Of saij COMPANY
Shall ht Fo,ty Thousand Dollars ,Sl0O 00)
and the same ma he increased Ia Two
Hundred Thousand Ilolials $500, 600 to
be divided into shares of One Hundred
Dollars each. of which Il proper certiii-
cate may be issned TO the party paying
therefor either in money, machin merry. real
estate or personal property AT such val.
uation MS may be placed upon same by
the stockholders of said company Said
corporation shall meet and select its Off
GERS and commence its business as soon
rs this charter has been duly approved
and recorded as provided by the statute.
SECTION a.
The management of the affairs of said
company shall be vested in a PRESIDENT,
S~ErpET.py and TEEAsIrREp who nhEv
be elected Annually at the annual meet
inc of tho Stockholders OF said company,
shid officers to continue IN the manage
mcnt of the affairs OF the company until
their SUCCESSORS shall have been elected
and qualified, provided that the offices of
SECRETARY and TREASURER may be held
BY one aud the same person.
SECTION g..
THIS charter shall rake effect and be
enforced after its approval by the Gov
ern0r.
The foregoing proposed charter of in
corporation is respeu, tnlly referred to the
Honorable Attorney General for his ad'
vice as to the constituiionali.y and To-
gality Of the provisions thereof.
j.. NJ. STONE,
Governor.
=, Jackson, Miss, Jan. %. 1895.
The provisions of the foregoing pro-
posed charter Of Incorporation are no
violatlve of the constitution or laws OF
the State. FRANK JOHNSTON.
Attorney General.
Jackson, Miss, Jan. "A, 1895.
! Feb. 8, 1873. Stat