The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1897-08-21
CHARTER OF INCORPORATION
Oh
BGIZODi Trust and Banking Company.

Section One. 5. Castleman, j. Ii Levy
and Norman 7. Williams have associa
ted themselves in order to form Il cor
pOration, and they and such others az
they shall hereafter associate with them
and their successors, are hereby incor
| porated under the name of BELZONl
| TRUST AND BANKING COMPANY, and shall
| have succession as such corporation fol
| the period of twenty-five years. and by
such name may sue and be sued, and
may adopt corporate seal and alter the
same at pleasure.
| SecuOn Two. The domicile of said
corporation is the Village of BelZoni, in
the County of Washington, and State OF
Mississippi.
Section Three. Said corporation is
formed for the purpose of doing a gem
eneral banking and cotton factorage and
commission business.
Section Four. And to this end said
corporation shall have the power to
carry on general banking and cotton
facrorage and commission business, az d
may invest its capital profits, and de-
posits. or any portion thereof, in bonds,
notes, hank notes, treasury notes, gold
or silver coin. bullion, bills of exchange.
chooses in actiOh. or any other evidence
of debt, and may dispose of the same at
pleasure
Section Five. SAID corporation may
loan its capital, profits, and deposits, or
any portion thereof, on such terms as
may be deemed best, ard to secure the
payment Of such leans may take per-
sOnal security or mortgages, or deeds Of
trust on any kinds of property, real,
personal or mixed, and may deal in eX
change, both foreign and domestic /;
may discount notes or other evidences
of debt, and may borrow money, and
may exercise all of the powers inCiden-
tai or necessary 70 carry on general
banking business. said corporation
may also make advances on cOrsign-
ments of cotton grown or to be there
after grown. and may receive fer StOr-
age and sale, cotton from ITS customer
and others, and generally may do each
and everything incidental to cotton
factOrage business. and my charge and
receive the customary ard usual cOm-
missions incident to the cotton factor
age business.
Section Six The capita stock Of said
corpoi alton shall be Thirty Thousand
Dollars. divided into shares of One
Hundred Dollars each, but rs soon as
Ten Thousand Dollars of said stock is
subscribed for ard paid in, said corpor-
alton may engage in business, but the
amount of capital stock may be in
creased to as much as Fifty Thousand /
Dollars at any time by vote for such 1
increase by the shareholders represent /
ing a majority of the shares of the CAPT /
tai stock in said corporation.
Section Seven. The affairs of said cor /
poration shall be managed by a Board |
Of Directors, one Of whom need not b.
a stakeholder in SAID corporation. which
Directors shall be annually chosen by
The stockholders. said Board of Direc-
Tors shall have the power to pass all
rules, T gulations and bylaws for the
government of said corporation. They
hall also designate the officers OF the
and such other person or
persons to manage the business of the
and shall prescribe the
powers and duties OF said officers or
,ther person or persons, so selected, and
he salaries to be paid each.
Section Eight. The first meeting Of
aid corporation may be held at any
fme after the approval of this Char er
" the Governor, upon three days notice
-iven by anyone Of said incorporates
o the others, aug7-n7-S l