The leader., 1901-03-13
The Charter of Incorporation OF
BrOOkhaven Mercantile Co.

Section /. BE il remembered that +. Pteifer
| Nathan Pfeifer, Hattie NJ. sherman n@. III
Elder w. +. Davis and those hereafter asso.
ciated with them and their successors are Iene
by constituted a body corporate under tle HAHN h
! of "Brookhaven Mercantile Company anu ny
| that name may sue and be sued before an,
court; may have a corporate seal; may coi''"''
and be contracted with. 49,. 10
The purposes for which this corporation IS
created are: ut
The importing. exporting, buying. selling
vending and dealing in all kinds OF goods vars,
merchandise. agricultural implements ~ Nv
stock, furniture. cotton and personal liupt tio33
OF every Kind character; nature ana or
by whatever name called either by wholrSde ~ ~
retail. the dealing in which Is not pr0hipleu od
law, and the storing of same as may De leeln,r
advantageous to the corporation ~ llS hllt, Mn,
| tile enterprises; the owning, Duylng' SEINE ba
and trading of lands as the same slall NC
thought advantageous and promotNe VI IN on hns
terest of the corporation in its merealltlef Sucb
ness as its aids thereto; the CARVING 1 i've ~ Stock
planting or farming operations anu NV NV 70 the
raising as shall be thought advantageous " otoj
corporation as aids to lis wholesale auu ie''''
mercantile business. ,,h,. This
corporation are those defined and speelteus N
Chapter - Of the Annotated Code OF ~. IN See
pi of 1892. and especially those set uus and
lions S}6, S3s S42 S43 and s4i OF siid chaIo
amendments thereto, and which are hecess ri,
and proper for carrying out the puiPoS' "
corporation. At .or,ora-
Section 3. The period for which this corp3ttsr,
ton is 10 exist shall be fifty years from anu a''i
the approval of the charter OF incorporates
Sect on 4. The domicile OF SAID S S flssinni
shall be in the city of BrookhaNen. MIS- sr,,rh
with power to establish ana nlaiii's aaant or
branch mercantile establishments; asiasinpI
agencies at any point in the STATE oi -niae'i
as the directors may determine. IT, .ornora-
Section 3. The capital stock OF sdu ,,aVs fs15-
IiOn shall be twenty five Thousand 9ul nd dIlas
600. divided into shares OF one huuuLe onnnence
(SlO0 each, The corporation may rs rsI5 600
business when fifteen thousand u,h and Maid in.
of the stock has been subscribed ana paw sor in
Subscriptions for stock may be pan, ~ Line
money or property at Its fair actual ehsl, ~ any
The StockholdeFs shall not be faDle ~ III % aay
amount exceeding the unpaid portion OF .ls a
value OF the stock subscribed by them on the
lively. The corporation shall have el n w ar
stock for any debt due TO II by the suos''i"
holder thereof. .,,orotion. I'm.
Section g. The officers OF this eorpoI
til otherwise determined by the stoeh an a see
shall be a president general manag;e,ih lie the
Rotary and treasurer, but If II Is des.a ~ said
same person may hold any Two OF iio tnps ~ The
offices, and the officers may DC
corporation. s,ha eornoration
Section Z. The management OF the coa and
Shall be c0niided to the general ma as or more
board of directors to CONSIST On IN, III n aor,lm
members OF whom majority siail ~. ~ |" hpard of
to transact business. Members oi ny. ma shall be
directors shall all be st0ckhulders, any
elected annually By the stociIholueds, iority OF
Section 3. The incorpoTators. or Lac, 4 , rs they
them may meet at such time anu r paa
Wish, and organize under this cilaLse a1eet upon
Section o. This charter shall taho e"
its approval by the Governor