The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1901-12-20
VETO .fdperltsesssesi Is.


TINE CHARTER OF
INCORPORATION
81 ~" OF -
Thick &c. LUMBER COMPANY.
SECTION ONE. Be it known that G.
E. McVicar, j. N. Kennedy, j.. A. Rich
ardson. E. H. Porter, Joseph Grisham,
F. b. Brown, and such others as may be
hereafter associated with them, their
and constituted q body polite and cor
porate under and by virtue of Chapter
Is OF the Annotated Code of Mississippi,
of 1892 and the acts in addition to and
a%mendatory thereof.
SECTION Two. The name and style of
the corporation hereby created shall be
"THE K.-C. LUMBER COMPANY"
and under such name and style this cor
poration may exist for a period Of fifty
years from and after the date Of the APP
prevail of this charter by the Governor,
unless sooner dissolved by q vote OF not
less than three-fourths of the stock.
SECTION THREE. The domicile of this
corporation shall be at or near Lucedale,
In the County OF Jackson or in the
County of Greene, State Of Mississippi,
at a point to.be selected; but the stock
holders may change the domicile to any
other point In Mississippi, If deemed
proper. 'iBiH@ gN3n
SECTION Four. The objects and pur-
poses OF this corporation are, to own
and operate saw and planning mills, to
engage in the purchase, manufacture
and sale Of lumber, to conduct such
mercantile business as may be deemed
essential in connection with its other
business, to, acquire by purchase or
otherwise, aid have, hold, enjoy and
dispose OF such lands and timber rights
az may be deemed proper in the conduc-
ton OF its manufacturing enterprises,
to acquire or build, own, equip and
maintain such tram-ways and private
rail ways as may be found necessary in
its logging and lumber business, to con
duct such farms and raise such live
stock as may be regarded as advan-
tageous to the corporation in its lumber
and other business, to manufacture such
implements and utensils, composed in
whole or principally of wood, rs are
used in commerce, and to engage In the
IA VI bhVN " duu IObIn
IN all OF its forms, carry on a turpentine
business, ind manufacture charcoal !;
and said corporation may do any or all
OF the aforesaid things and is vested
with all the powers necessary to the
successful execution of its said objects
and purposes.
SECTION FIVE. This corporation nay
acquire, by purchase or otherwise, and
have, hold, ehjoy and ALLEVIATE such real
estate and personal property as may be
deemed necessary to its successful oper.
alton, not to exceed in value the limit
fixed by law; and shall have and possess
all the rights, powers and privileges
conferred on corporations generally by
the constitution and laws of the State
Of Mississippi.
SECTION SIX, The capital stock OF
this corporation shall be one hundred
divided into one thousand shares of one
hundred dollars ($l00.00) each; but IL
may begin business when fifty thousand
dollars ($50,0Q0.0O) OF such amount shall
have been subscribed for and paid in.
SECTION SEVEN. This corporation
may establish all necessary bylaws,
rules and regulations, not contrary to
law, INT in the manner provided there
In, amend or yepeal the same at pleasure;
and may have and use o corporate seal.
SECTION EIGHT. The powers OF this
corporation shall be vested in a board OF
not less than three directors, to be
chosen annually by the stockholders
from their number; and its officers shall
be a president, vice president, secretary,
treasurer and general manager, the four
former TO ~be"chosen by the directors
from their number, the general manager
| IN no nhncon, Au tha It~onx0vS fvo~, tIos,
number or from the stockholders, and
such other agents, clerks and employees
as may be deemed proper. No person
not q stakeholder shall serve as director
or officer OF this corporation, and the
disposition OF the stock held by any
director or officer shall vacate his office.
The duties OF the officers and the man
ner in which the powers hereof can be
exercised may be prescribed in the by
laws. tncf
SECTION NNE. Each stakeholder in
this corporation shall be entitled to one
vote for each share Of stock held by him,
to be cast by the owner OF the stock or
by proxy, bnt all proxies must be in
writing.
SEorIoN TEN. No stakeholder shall
De individually liable for the debts Of
this corporation contracted during his
uvochS uCyouu VIC htlOuuV
OF bsfsUsss4hasmay~femain due or I'M
paid for stock subscribed for by him. ID
SECTION ELEVEN. The parties inter-
ested may holdf their first meeting for
the purpose Of organizing this corpora.
tion at any time after the approval of
this charter by the Governor, each
E.stockholder Qhave had two days notice
OF the time AID place of such meeting. |
This charter shall become operative
from and after the date Of its approval
by the Governor.
! WITNESS WHEREOF, the said in
corporations haye hereto set their hands
THIS, the 18th day OF December, A. D.,
1901. G. Il. McVICAR,
j.. m. KENNEDY
-s~-. .-.. la RICHARDSON,
E. II. PORTER,
JOSEPH GRESHAM,
+. B. BROWN.
December 20, 1901. 45.4t