The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1899-09-30

Sec II Goepe, o A. Cason, C. c.
Dean, y MCGEE, and their future associates
are hereby made corporation, under tn,
name 81 Tile Bank Of Leland. - 10 exist and
have secession for fifty yers, and TO have Il,
domicil at Leland, in the state of Mississippi
Sec ,, The purpose Of said corporation is,
TO engage in the business Of bank Of deposit
and discount aud to pursue such general
banIng business, as IS usually pursued by
| such banks
sec e The powers Of said corporation are.
10 adopt q corporate seal, and to alter the same
| ut pleasure; to sue and be sued plead and he
! Implicated to prosecute, and be prosecuted, to
| contract and be contracted with; to receive
| money, commercial Paper stocks. bonds Sc
| curitcs and evidences Of debt, of al kind, on
] general or special ideposlt, to receive com
| mcfclol paper, and evidences OF debt Of every
| kind, for collection, to lend money,
| by way Of discount M Otherwise upon
notes, bills OF exchange, stocks, bonds,
evidences If debt and property Of every kind
| and 10 purchase the same, by way Of discount
or Otherwise; to acquire, by purchase or other
wise, real property, personal property, mixed
property stocks, bonds and all kind of COM
meIcial paper, and chooses in action, and 10 sell,
mortgage, pledge convey and dispose of the
same, NJ pleasure, 10 borrow money, ISSUE
noies, except for circulation ns money, make
and draw drafts, checks, domestic and foreign
bills of exchange; to accept and ind0rsp com
merclal paper to adopt bylaws for its govern
ment' not contrary to law, aud to do Whatever
else may be necessary for the uroper cOndnct az
its business and to further the purpose of its
creation
Sec. The Capital stock of said corpora.
ton is TO be fifteen thousand dollars, TO be d.
vi led into shares of one hundred dollars, each
but the tapital Stock may be increased once
or ofencr, 10y The stockholders, at a regular or
called meeting to any sum not 10 exceed fifty
thousand dollars
sec. The aGiirs of said CORPORATION sbsu |
he managed by q lioah OF Director NOT lass /,
than Three or more than seven persons she'll /
constitute the Board Of Director, and all of |
them shall be stockholders, OF said CORPORATION
They are TO be elected by the stockholders |
when they meet to organize under this CHARTER,
and. thereafter, annually, by the stockholders,
al their regular meeting, in January; bun the
Directors, when elected, shall continue in Of
lice, until their successors shall be elected.
Amer the Directors are elected and rs soon |
their number to be president of said corpotnuon
who shall also he president of the Hoard nf
directors and the Board shall appoint a
Cashier. ami may prescribe The duties, salary
aud tenur4 oi lice, OF the President and Cash
Ter. aud my employ s3ch other officers and
iEent-, as y ma deem adv sulIr Nl Of the
powers g conferred hy ms hHtter. or hy law !
nay 'e cNerr .rd bs the NotrJ of pirer,.r,. ar
iu' er t- direction, except ttp power o., M
rele h9 CaHta Stock; but any by-law,
BHlaliOa or tule Ad0ntel D, the Haald' Of ri. |
e'tors shat be subject 90 muitHt.iiYn
ma ndmpHi or repeal 10y ere lockh lde,s. az n :
egHlar or called meetnS; Hnd uuy bylaw. iule
T regu 1ton adopted BY tue .toekhoitlers. m
ny such meeting shall surersede any by-law. q
lle on regulation, adopted by me BOARD Of
directors where the same may be Ia conflict
seq. Tue hrst meeting OF The interpretations
afein may be called by any one If tire incoltor-
ors, upon five days notice TO each of The
hers ami the meeting, when assembled. may
roeeed 10 QrganiE- the corporation There
teT. the stockholders shtli mrej. on the frei
uesday, after tho first Moniay, In January =
lnualiF, Tor the purpose of Clcctna Directors
~ the trans ction ct such other business as
ay oe deemed proper; and special meetings ~
e siockho' ders may he cille'l. in the manner
te provided lot In the Bylaws; and the
oekholders may hll any vacancy In the Roard
biresi0rs, 40 any called meeting
ser Al the provisions sof Jhapter "a in
Annotated Code Of ~. governing cor1iora-
, shall be part Of this Charter.