Greene County herald. (Leakesville, Miss.) 1898-current, 1901-11-01
CHARTER OF INCORPORATION
of the
DIAMOND LUMBER COMPANY.

| Lord, 1901, John o. Grisham, ). 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 corporation for the
objects and purposes hereinafter emu
merated land to thai. 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 body politic 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 name
shall exist for period of fifty years
from the date of the approval Of this
charter by the Governor OF the state
Of Mississippi unless sooner dissolved
by the vote and approval of three
fourths of it's 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 III-The capital stock of
this cooperation is hereby fixed at
Twenty Five Thousand Dollars ($25,
900. 00) divided into two hundred and
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. IL. Hall
shall open books of subscription to
the stock of said company and when
ten thousand dollars stock shall have
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 as
such until the first Monday of Janu-
airy. 1902
Article ~ The objects and pur-
poses of this corporation are hereby
declared to be the manufacture and
sale of lumber, timber, spirits Of tur-
pentine, rosin and other naval stores,
the buying and selling of logs and
carrying on at such place or places of
a general mercantile business that the
board of directors may select.
Article V-The corporate powers of
this corporation shall be vested in
board of three directors, each of
whom shall be stock holders in said
company, who shall be elected by the
stockholders within sixty days after
the approval of this charter and on
tho first Monday of January 1902 and
annually thereafter on tie first Mon
day in January Of each year. Elec-
In 11. La1l La l..
stakeholder shall be entitled to one
vote for each share of stock held by
him, to be cast by owner or by proxy.
The Board of Directors at their first
meeting and annually thereafter fol-
lowing each election of stock holders
shall organize by election of a presi-
dent, vice president, secretary and
treasurer, provided that the offices
of secretary and treasurer may be
held by the same person. Vacancies
occurring on the Board of Directors
may be filled by tho stockholders at
an election held for that purpose on
ten days notice to be given to each
person then holding stock as shown
by the books of said company. A
majority of said board shall consti-
tute quorum said Board of Direc-
tors may appoint from time to time.
also dismiss at their pleasure such
officers, agents, clerks and other en-
ployees as they may deem necessary
Tor the purposes of the corporation
they may establish as we'll as alter
and amend all bylaws, rules and
regulations necessary and proper for
the business of the corporation.
In witness whereof the said incor-
porators have hereunto set their
hands this the day and year first
above written.
JNO. o. GRESHAM,
j. J. BEXLEY,
" CHAS r. HALL