The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1899-03-24

.N'rsC .fdrCrsiStlslrssSs.
THE
OF INCORPORATION
OF TIE
pascagoula Canning Company.
SECTION 1.

SEtIlON |.
know all men by these presents. that we.
tne Undersigned have this day associated
ourselves together fot the burmese of farm
ing. u corporation under the laws of the Stale
of Mississippi, and by virtue of the prnyi-
sionS OF Chapter ~ of the Annotated Code
!laJ2) nf Mississippi. and Of the acts amcnda-
tory thereof. we do hereby found and organ
ize Il corporation for the objects and purposes
hereinafter mentioned; and to that end and
purpose we LOBBY these presents. subject to
nc 'ppfoVal or the Governor of the state of
Mississippi. form. constitute and create our
selves and such other person or persons MS
may hereafter become associated with MS.
whether by subscription or otherwise, into "A
Doay p9iltlc ana corporate. under the name
OF the P~ascagouia Canning COMPANY. and by
that name. said corporation may she and be
s.e" plead aud be implicated, In any court
OF law or equity in this State or elsewhere;
may nave a common sea! and alter the same
at pleasure; may make and prescribe
such rules. regulations and bylaws rs il may
see lit to MAKE and prescribe with reference
to It's Affairs rot Inconsistent with the pro-
VISIONS OF ms charter or the laws and con-
stitution OF this State, or Of the United
states and shall have existence under such
name for the period Of ffLy years from thN
date Of the approval OF this charter.
SECTION ..
That said corporation be. and IL is hereby
authorized and empowered 10 mouiru by
glft' grant. purchase or otherwise such real
ma personal properly as may he required
Tor the purposes for which this organization
Is formed. not IL exceed. lowrvcr. the limit
hAtd ny the laws of the State OF Mississlppi
ior corporations of this character; to engage
IN me business Of canning MEATS. fiSh,
shrimp, crabs, Holsters. fruits and yrEtabirs:
10 erect ana maintain all buildings. facto-
RES, tor houses and apptttcnances it may
desire To carry on its business; to sell and
dispose OF all articles and commodities pro-
duced and manufactured by IL; to purchase,
own ana Operate ALI stptp,hpu q m ntlpr
water craft IL may desire; to erect, lease,
purchase, " and operate wharves or land
lhgs on the Gulf Coast of Mississippi, or on
any river or body of water in the counties OF
Jackson, Hancock and Harrison. In the State
OF mississippi. and to do any and every act
or thing necessary or convenient to enablei IL
10 carry out and accomplish the purposes
aforesaid.
SECTION 3.
The capital stock Of this corporation is
hereby fixed ~ $4,000, divided into shares of
$5 each, but the capital stock may he in
creased ut any time to 800, coo. by IA vote OF
the majority of the stockholders.
SECTION 4.
That the officers of said corporation sh all
consist of one president, one vice-prcsident,
one manager. one secretary and one treas
urcr, (which last two offices may be held by
the same person., and seven directors, -four
of whom shall constitute II quorum. with
such subordinate officers us the board o! di-
icCtuIS may uStcfHlIlic.
SECTION 5.
The said directors shall be chosen by the
stockholders, by bnllot. ut an election to be
held Tor mat purpose within 30 days from
the approval OF this charter. and annually
thereafter and at such election and at all
meetings Of the stockholders every person
holding stock shall be entitled to one vote
lnr eacD share or stock held by him: and the
directors SO elected shall elect the preside Mt,
vice. prcsident, manager, secretary and
treasurer. whose terms Of Office shall be one
year tunless sooner removed by the directors.
hereby empowered so to do. and said presi-
dent and vice-president shall be chosen from,
the board OF directors: and the directors
shall manage and control all the business OF
the corporation and exercise all the corpor-
ate pOwcrs; and vacancies in the board of
directors shall be filed by u vote OF u MA
jority OF the remaining directors, and no
person shall be elected u director or officer
OF thls corporation who does not own one or
more shares of its stock.
SECTION 6.
The domicile OF said corporation shall be
~ scranton. Jackson county, Miss, and it
may commence business whenever $40. 900 of
It's capital stock shall have been subscribed
ana paid in; provided. that 5000 of the can
ita stock may be paid for in lands, build
inSSs, macn,hery or other property. or in
laDor, upon s'lch terms AS may be agreed
upon by the said corporation. or It's directors.
with those who may so wish to purchase
STOCK. me stockholders OF said corporation
shall not be personally or Individually liable
for any OF the debts or obligations Of the
corporation, except for the amount OF bal.
ance that may remain due or unpaid for the
stock subscribed for by them.
SECTION 7.
The purposes OF the creation of this cor
are the buying. selling and ram
ming OF meats, fish. shrimp, crabs. HOLSTERS
fruits and vegetables.
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