The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1900-04-28
The Am ended Charter of Incorporation
of the BeIzOni Oil Company

The charter of the Belzoni Oil COMPANY
granted by the State Of MI ssissippi on the 27tI
G "a, Of June 1889 and having its domicile al
Belzoni, in the County of Washington, State
OF Mississippi, is hereby amended so as to read
| as follows:
SECTION | BE it known, that s. Castleman,
MOTHS Levy. j II Levy. M, Cohn and G. j.
Brantley, and such other persons as may here
after become associated with them, be, and are
hereby created a body polite and corporate
under the name and style of the BELZONI
OIL COMPANY.
Sec 9. The purpose and business of said
corporation shall lie the manufacture and sale
| nj crude and refined oils from cotton seed; col
ton seed meal cake; bulls and all other pro-
ducts and articles of commerce arising from
| the manufacture of cotton seed: and also the
conduct ora general cotton gnnery in connec-
| ton with said oil works, and The storage OF
mater ial necessary and Incidental to such bus
mess And to this end they are authorized to
purchase raw material, and conduct general
| ginning business. and genel ally TO do any and
all things that may be necessary or incidental
e. Inc business of manufacturing oil and GIN
ginning cotton, And 1t may own sufficient
real estete In the State of Mississippi or else
where, for the conduct of such business and
the storage of mate,iel and products. And sal d
| corporation is hereby vested with all the power
and authority conferred on such corporations
necessary for the conduct of its business MS
herein prescribed, by the provisions of Chap
ter - of the Annotated Code of 1892 Of the
Laws of Mississippi and the amendments
thereto.
Sec. B.. The capital stock OF said corporation
shall be Seventy-five Thousand Dollars, divid-
ed into shares of One Hundred Dollars each
and when Ten Thousand Dollars of said capt.
tai stock shall have been subscribed and paid
in cash, or Its equivalent in property, said cor
poration may organize and commence its
business.
Sec The management of the business af-
fairs of said corporation shall be conducted bv
BOARD OF directors composed of five persons
one 0fwhom need not be stakeholder; a ma
Jorlty of said board shall constitute a quorum
LOT tne transaction OF business and said board
may pass all necessary rules regulations and
bylaws for the management of said corpora
ton, and shall adopt a common seal and NAV
alter same at pleasure.
Sec. D. Should any stakeholder desire 10 sci
ms or her stock or any part thereof he or she
snali give reasonable notice thereof to said
Doard OF directors who, all things being equal
snail have the preference in the purchase of
me same and pay therefor out of lis profits of
the corporation and the stock SO purchased
shall be Cancelled. Should the said board of
directors decline to purchase said stock, then,
~ t1hings heing equal, stockholdcror stool
holders, as the case may he shall have the
preference in the purchase of said stock before
al otnef persons or corporations.
sect. = The said cooperation shall have the
rlght TO borrow money and to secure The nav
ment OF same, by mortgage or otherwise; 10
ISSUE D0nus ana 10 secure them in the same way
and to hynothecate its franch ses.
Sec. The domtcile of said coporotion shall
ne ne me village Of Belzoni, in the County Of
washington, and State of Mississippi and its
of Fifty Years. '' WIN"
sec. After The approval of this charter l,v
the governor. said corporation nav organ ize
upon three DAYS notice from any one IF thp
ncorporators TO the others; or q majority Of
them. vi