The Greenville times., 1896-01-22
CHARTER OF INCORPORATION
STovALL COMPANY.

The name OF this corporation shall be THE
sTovALL COMPANY
:. The principal place Of business and demi-
clls OF said corporation shall be Of Leland.
Washington County, Mississippi. But by q
vote of q majority Of the stockholders. said
domicile may be at any time changed TO any
other point In said county, and said corporation
may establish and operate branch establish
ments at such other points IS II may see a.,
and such branches shall have all the powers
and privileges contained In this Charter and
Chapter Is Of the Annotated Code Of Mississippi.
3. The persons forming said corporations are
w. 7. stovall, j. p. Stovall. p. s. stovall, N
A. Milan and 4. r. stovall, and such Other
persons as may hereafter be associated with
them as stockholders therein, and such persens
and their successors and associates shsll have
succession for the period Of any years from the
date OF organization Of this corporation, unless
It's corporate existence shall be determined
sooner by the action Of the stockholders.
4. Said corporation shall have power to or
ganize and engage in business when slO, 900 OF
the stock therein shall have been subscribed 10
and paid for. The capital stock Of said corpora
uon shall be sl00, 600, which may be increased
at any time BY vote OF majority Of the stock
then outstanding, and the shares OF stock shall
be Of the denomination OF sleO each. The in
corporators named may meet at any tune within
thirty days from the approval Of this Charter BY
the Governor, at such point and time In Leland,
Miss, as they may agree upon, for the purpose
VI tut CuTHVIhLUus
5, This corporation is created for the purpose
OF engaging in planting. mercantile. banking
and trading business, and IL shall have power
to buy, sell, mortgage, hypothecate or trade In
any and all kinds Of property, real, personal OF
mixed; 10 borrow money, contract debts, exc
cute notes, Issue bonds, hypothecate its iran
ehises, and generally make all kinds of con-
tracts aud do all other acts connected with any
OF the business for which IL is organized, and
said corporation may do whatever else incident
to the purpose for which II 10 organized not In
consistent with the Constitution and laws Of the
State of Mississippi, or OF the United States, as
mlly and perfectly as an individual engaged In
such kinds Of business.
6. Said stockholders may organize said cor.
poration by the election OF such officers and
directors Is they may see ft, and the stock
holders may At any time increase or diminish
the number OF directors and the tenure Of office
and .alaries OF its officers, and may adop,
bylaws determining the manner Of calling and
conducting stockholders' and directors' meet
ings, the number OF shares that shall entitle I
stockholder TO vote, the mode Of voting by
proxy, the mode Of transferring stock In said
corporation, the number OF stockholders and
directors meetings TO be held, and the manner
OF calling aud conducting the same, and gen
orally may pass any bylaws necessary and con-
yenient to the government OF said corporation.
and not contrary TO law.
any time, BY vote of q majority OF Its stock,
merge itself into, or consolidate itself with
any other corporation. and such corporation
created by merger and consolidation, shall, In
addition to whatever other powers II may
possess, have all the powers, privileges and
franchises vested by the Charter Of this corpora
tion In 1t.