The commonwealth. (Greenwood, Miss.) 1896-1923, 1898-04-08
CHARTER or INCORPORATION
-OF TuE-
PLANTERS COMPRESS COMPANY.
GREENWOOD, MISS

sECrIoE 1. o. n Henderson, w. d George.
Ferdinand BerrptJ "a Rartsdalo. W. r. HOE
laud. u w Baird, u. Nj Aidridg0 Oh AUS
Tin X, 4, 3dWHns E IL, MrshHuN ". IT Jones.
A, henderson, A Moe, ktmbruuEht tirlr hsa
sorlutes, assigns and sueee s0rs Gre hereby
created aud constituted 70 body corporate
under Che Gamu and styleof "lHE PLANTERS
COMPRESS COMPANY D Hs such shHll hhFo
suggestion t1r the ported at tity years Hnd
ore llnreby authorized aHu W2d0 capable ty
! purchase, sell. lglgo, receive. bod aHd enjoy
roGl Nud personal estate % the Amount Do
onD hundred thousand dollars ri0lN4tO) iu
iee simple Pr otherwise, the same % SOIL.
lease mortgage OF utllafNlHt dispose pf, ur
70 encumbHrt 10 contract and be contracted
with 90 sue and be sued Hud 10 adopt and
have % common seal Tim duWlplle Of said
corporation shall bc in Che city Ut Gfeun-
wood, state of Mississippi,
section 2, snid corporation shall have tho
/ right and iB hereby authorized ma empower
go 70 Construct. purchase. lease and W Que
or more cotton congresses and 20 operate
| the same, together Wien all DulIdlnH8. yards,
platforms and machinery ard Appliances,
uud any other property necessary pf proper
TOR thc equipment ana OPERATION thHfp1f} %
erect purchase aud lease one Oh more
cotton WarEhQusUa gud 10 operate the same,
together With all buildings, sheds, y1Tds and
appliances necessary or proper Tor tHe COM
duct thereof hndto provide ana employ sueh
other facilities fQr c1HprnssinH, WetKhtug,
storing and handling cotton as the HbDCIhul-
H.rN. N"J "H
time 20 time deem cNDeHleut; 20 purchase,
lease, on otherwise acquire and own uHu OPP
crate transfer lines ln Che said City Of GruQu-
wood for traHsferriur g8ttgnu and OtherfreiUit
and compress cotton ahd weigh tiC same 20
receive and store cpttlu and tu transfer enc
same in saiQ elty a8 Otteit a1N pa such way
and mamie a8 fuUy Do convenient ard Expc.
digutj % r6ceiyD compensation for such
pressing COMPRISING Weighing storing and
Transforming cotton, % other services, a5the
proper officers OF aHld corporation ralE from
tlme 70 line deaig1RtCa and W Do afl acts
ee8sAry 0f convenient 10 She proper conduct
and maintenance OF such compress #arr-
house aud Transfer business on EhifH may
Do deemed conduclypt 20 The welfare ana sue
and enjoy aIl the rights, PgWcrs aud priEile-
Hes created or conferred by chapter u 0f tnc
Annotated Code Ut Mississippi.
Section O. The capital stock 0tslid cJrp0-
ration shall Dc lfty thousand dollars 70
0o4Qgl divided into slaEos OF one hundred
dollars GiNlGH each; and uay be Increased
or diminished al Hnytlmeby "a majority vote
Of tie stockholders ~ flY amount not fN4
G1J0Gl nor less than thlfty-hyc Thousand dole
liars NJj,OD0G9t
Section 3. The management Of sald cDrpO-
ration shall DO vested ln seven "a directors,
who Shall be stgctbOl90rgiH SAID corporation.
and who shAil DE- elected n4nnaiW Jy tle
stockholders ~ SAID corporation gIfe num-.
Dor 0fsaid directors mHF be- increased Jt dl-
unfinished DO any time hy "a majority soto Of
the st0ckl0iders Of SAID corporation, and 90
ali meetings OF ODE directors % mHJ0rity
thereof shalt constitute @ quorum Cor i1e
transaction III business,
sectlDn5 Aaid diraetpE sfall e}cet from
among their lumber q president aDd O. vice
president " said corporation and they slall
glsD elect & secretary and g TREASURER Hhiei
East tW0 Offices may Do Beld Dy thc same per.
500 Who may 90 uay pot be @ sloekHQlgcr Oi
5aid corporation an1 WIN Fhati natb f ai-
rector thefe8fi and s8id directors mgY ap-
point such other Olirefs ana agents Ha they
may deem proper aud niece 8afT i1f tle man
aqcmeut md conductor the busine3 Of Die
said corporations ~ W may ~ provided by
GIg Uy-iawa thereof, Ihe 5ald directors
shail fold office nutl fhef SUCCESSORS are
elected aud qualified. and alall have the
power tG hll Ell vacancies lH tueir number
caused bY death 0r otHerWian which 8ald dl-
teet0rs n elected Shall h9ld office until the
next rcgulNf meeting Dl t4e stockholders Qi
said corporation unle5 their aueesa s3ra altAl
be elected at b1tue hpa.iai HleeAu8 ~ 5aia
stareh0idefH hald prior tleretD.
Section 8 Said corporation slali have tht
power through Cos stockholders to make any,