Greene County herald. (Leakesville, Miss.) 1898-current, 1901-10-18
CHARTER OF INCORPORATION
of the
DIAMOND LUMBER COMPANY.

DIAMOND LUMBER COMPANY.
Be it known that on this, the Both
day of September in the year of our
Lord, 1901, John O. Grisham, j. j.
Bexley and Charles R. Hall, by virtue
of the provisions of chapter twenty
| five (25) of the Annotated Code of
the state of Mississippi and the acts
amendatory thereof, do hereby organ
ize and found a corporation for the
objects and purposes hereinafter emu
merated ;.and to that. end and purpose,
| they do by these presents with the
approval of the Governor of the state
of Mississippi, form and constitute
themselves and all such other per-
sons as may hereafter become asso-
ciated with them, whether by pur-
chase, descent subscription or other
wise, into a body polite, and corpo-
rate in law, under the following
articles of the charter of said corpo-
ration, to-wit:
Article 1.-The name and STYLE of
this corporation shall be Diamond
Lumber Company and in that maine
shall exist for a period of fifty years
from the date of the approval of this
of Mississippi unless sooner dissolved
by the vote and approval of three
fourths of its stockholders, and may
purchase, or otherwise acquire, have,
hold and enjoy such real and per-
sonal property not exceeding in value
or amount the limit fixed by law, as
may be required for the purpose for
which this organization is formed :;
and shall possess all the rights, pow
ers and privileges which corporations
under the general laws of the state OF
Mississippi are authorized to exercise
or possess.
Article 1.-THE domicile of this
corporation shall be at bexley, Greene
county, Mississippi.
Article IIL-Ihe capital stock OF
this cooperation is hereby fixed at
Twenty-Five Thousand Dollars ($25, =
900. COZ divided into two hundred ana
fifty shares Of one hundred dollars
each. AS soon as this charter shall
be approved, the said John o. Grish-
am, j. j. Bexley and Chas. h. Hall
shall open books of subscription to
the stock of said company and when
ten thousand dollars stock shall have
been subscribed and paid in, a meet
ing of the stockholders shall be
called, of which meeting all sub
scribers shall be notified and
at which meeting the stock
holders shall elect three directors OF
said corporation who shall serve al
> such until the first Monday of Janu
airy, 1902.
Article IV--The objects and pur
+ poses of this corporation are hereb,
, declared to be the manufacture anc
, sale of lumber, timber, spirits of tur
pentine, rosin and other naval stores
the buying and selling of logs anc
! carrying on at such place or places O
a general mercantile business that tn,
board of directors may select.
Article V-The corporate powers O
? this corporation shall be vested in
s board of three directors, each O
7 whom shall be stockholders in sale
company, who shall be elected by thu
stockholders within sixty days afte.
the approval of this charter and OF
the first Monday of January, 1902 ant
l annually thereafter on the first Mon
l day in January of each year. Elec
tions shall be by ballot and eacI
stakeholder shall be entitled to on,
vote for each share of stock held by
him, to be cast by owner or by proxy
/ The Board of Directors at their frs
meeting and annually thereafter fol
I. lowing each election of stockholderl