The Pascagoula democrat-star., 1901-09-20
THE CHARTER OF
INCORPORATION
OF
7 WHITE & COMPANY

Be 1t know II lufso on this the third day
of September, A. ID. 1901, J. A. HatlestaC
and J. II. White, by virtue of the pro
visions of Chapter Twenty-Five (25) o1
the Annotated Code of the State of Mis-
sissippi, and the Acts amendatory there
Of, do hereby organize and found cor
poration for the objects and purposes
hereinafter enumerated; and to that end
and purpose they do, by these presen is
with the approval of the Governor OF
the State Of Mississippi, form and con.
stitute themselves and all other persons
as may hereafter become associated
with them, whether by purchase, de.
scent, subscription or otherwise, into q
body polite and corporate in law under
the following articles Of the Charter OF
said Corporation, to-wit:
ARTICLE FIRST. The name and style
of this corporation shall be J. Il. White
Il Company, and in that name shall ex-
ist for the period of fifty years from the
date of the approval of this charter, un.
less sooner dissolved by the vote and ap-
proval Of three-fourths of its stockhold-
ers, and may, by purchase or otherwise,
acquire, have, hold and enjoy such real
and personal property, not exceeding in
value or amount the limit fixed by law,
as may be required for the purposes for
which this organization is formed; and
shall possess all the rights, powers and
privileges which corporations under the
general laws Of the State of Mississippi
are authorized to exercise or possess.
ARTICLE SECOND. The domicile of
this corporation shall be at Moss Point,
jackson County, Mississippi.
ARTICLE THIRD. The capital stock of
this corporation is hereby fixed at
twenty thousand dollars( $4,000 divided
into two hundred (20O) shares of one
hundred dollars ($lOO) each. AS soon as
this charter shall be approved, the said
j. A. Hatlestad and j. II. White shall
open books of subscription to the stock
81 % said company, and when ten thousand
dollars l$l0,0O0 Of stock shall have been
subscribed and paid in, meeting of the
stockholders shall be called, of which
meeting all subscribers shall be notified,
and at which meeting the stockholders
shall elect five Directors Of said corpora
ton who shall serve as such until the
first Monday in September, A. d. 1902
ARTICLE BoURTH. The objects and
purposes Of this corporation are hereby
declared to be the carrying on of d gem
eral timber and lumber manufacturing
business at Moss Point, or such other
place as the Board of Directors may
elect, the buying and selling Of saw logs,
and the carrying on, at such places as
the Board of Directors may select, of o
general mercantile business.
ARTICLE FIFTH. The corporate pow
ers OF this corporation shall be vested in
Board Of Ave Directors, each of whom
shall be stockholder in said company,
who shall he elected by the stock.
holders within sixty days after the
approval of this charter, and on the
first Monday in September, A. d. 1902,
and annually thereafter, on the first
Monday OF September in each wear,
EleetiopS shall be by ballot and each
stockholder shall be Untitled to one vote
for each share Of stock heldby him, to
be cast by the owner or by proxy. The
Board of Directors at their first meeting.
and annually thereafter following each
election OF stockholders shall organize
BY electing Q President, Vice President,
Secretary and Treasurer. Vacancies oc-
curing on the Board Of Directors NAV
be filled by the stockholders at an cleo.
tion TO be held for that purpose on ten
days notice to be given to each of the
the books Of the company. A majority
Of said Board shall constitute quorum.
said Board Of Directors may appoint
from Nme TO time, also dismiss at their
pleasure, such officers, agents, clerks
and other employees they may deem nee.
eeeary Tor the purposes of the corpora-
tion fhey may establish, as we'll as LATER |
md amend, OIL bylaws, rules and repu. !
stions necessary and proper for the |
business Of the corporation. frs
In witness whereof the said incorpor-
stors have hereunto set their hands the
lay ana year above written.