The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1900-04-21
The Amended Charter of Incorporation
of the BeIzOni Oil Company

The charter of the Belzoni Oil Company
granted by the State Of NJ ssissippi on the 9th
IA Of June 1899 and having its domicile at
Belzoni in the County of Washington, State
as follows:
SECTION / Re 1t known that S. Castleman.
Morris Levy. j II. Levy, NJ COIN and G. j.
Brantley, and such other persons as may here
after become associated with them. be. and are
hereby ereateda body polite AMI corporate
OIL COMPANY
Sec g. The purpose and business of said
corporation shall he The Manufacture and sale
OF crude and refined oils from cotton seed; cot
ton seed meal; cake hulls and all other pro-
ducts ana articles of commerce arising from
the manufacture of cotton seed: and also the
conduct OLA ger eral cotton gnnery in connec-
ton with said OIL works. and The storage of
material necessary and occidental to such bus
mess And to his end they are authorized to
purchase raw material. and conduct a general
ginning business. anil genei ally, 10 do any and
all things that may he necessary or incidental
t. ihe business of mar uacturing oil and gin
ginning cotton. And ii NAV own sunice nt
real estate In the State of Mississippi or else
where. for the conduct Of such business AID
the storage Of mater ial and prohnc's. AMI said
corporation Is he ebv vested with all the power
and authority corfe red on such corporati ms
necessary for the cnndnct of it, bns ness ns
herein prescribed, by the Ur Visions Of fhtn-
Ter - Of the Annotated Code of ls92 &C the
y Preto.
Ntc d. Inc dlItdl STOCK OF salu c0rDnr tt0n
shall he seventy five Thousand Dollars diyi'=
ed Into shales of one Hund'el o'lars each
and when Ten Thousand Dollars of sud cant
tai stock shall have been subscribed and paid
in cash, or its equivalent in y roperty. said cor
poraton may organize and commence it,
business.
Sec The management of the business af-
fairs Of said corporation shall be conducted by
board OF directors composed Of fva persons,
one whom nerd not be a stOCkhoder: a ma
jorly of said board shall constitute a quorum
for the trapsnc ion of business and sid board
may pass all necessary rules regulations and
bv-laws 70" The management of said corpora
tion and shall ndopt common seal and my
alter same IT pleasure
Sec, D. Should any stock older desire TO sci
his or her stock or any part thereof he or sh"
shall give reasonable notice thereof 10 said
board OfdirectOrs who, all things being equal.
shall have the preference in the purchase of
The same and pay therefor ont of lis profits of
the corporation and the stock 20 purchased
shall he canceel Should The snid board f
directors decline tn purchase said stock then.
all THU Is being equil n stockhoIdnro or stork-
holders. as tire case may he shall have tire
preference in the purchase of said stock before
al other persons or corpora ions
Sect. The aid eOporr'inn shlll have the
right 10 borrow money and to secure the pay
ment of same, hy morig ge or ntherVi-e 10
issue bonds and to eecure them In The same way
AID to hvroiherate its fraoch se5.
Sec. The domrie of said con ration shall
lie the Village Of Be zoni in tn" County of
Washington, and State o. Mississippi and it.
corporate existence may continue for Il term,
of Fifty Years.
Sec. After the approval of this charter by
the Governor. said corporation may organ lie
nrcorporatols TO The others; or mljori'y of
them,