The leader., 1902-01-22
The Charter of Incorporation
MERCHANTS GROCERY COMFY

We, the persons hereinafter named, in order
70 form corporation for the purposes hereinaf-
of Chapter twenty-five (25). OF the Annotated
Code OF Mississippi, entitled Corporations .
and the acts OF the Legislature amendatory
thereof ana supplemental thereto, do hereby
/. The name of the corporation is MER-
cHANTs' GROCERY COMPANY.
| ii. The domicie and main office of the corpo-
ration shall be In the city of Brookhayen, LIN
coin county. Mississippi.
III. The purposes for which the corporation
To buy and SELL or otherwise to deal or to
traffic in any and all such articles Of commerce
and merchandise as are usually bought and sold
az wnolesaie OF retail grocery dealers In the or
To buy and sell, otherwise to deal or to traffic
| In any and all kinds of goods. wares and mer-
ens a farm and plantation supplies, or farm
To buy and sell, or otherwise to deal or to
traflic in all such property, whether real, per-
| advance the interests Of the corporation.
To acquire, own, lease occupy use or improve
any lands. buildings or other property and to
| construct buildings, and any other structures,
necessary Tor the purposes and business of the
| corporation.
70 buy and sell. deal and traffic in such COM
modltles and objects of commerce as are usll-
ally bought and sold in trade, and the sale of
which Is not prohibited by law.
Inc business or purpose of the company at
present: and until otherwise determined as
hereinafter stated, Is to carry on and do
wholesale grocery business, and incidentally such
other trade as may be deemed of advantage and
Prone . IN connection therewith; but 1t may. If
deemed expedient and advisable at any time
by the board of directors, enlarge the scope of
the business and convert 1t into general mer-
chandise and wholesale establishment or en-
gage In any line for merchandise it may see
proper; anu It may locate and establish branch
offices at any point or points in this State IL the
board of directors so determine
The corporation shall have and NAV exercise
the powers granted to similar corporations by
Chapter twenty-five of the Annotated Code OF
MISSISSIPPI is entitled Corporations and the
acts OF the Legislature amendatory thereof and
supplemental thereto, which said laws are
hereby made part of this charter the same as
though they we're written out and incorporated
herein.
Without In any particular limiting any Of the
powers OF the corporation granted by the laws
aforesaid: It Is hereby expressly declared and
provided that the corporation shall have power
to issue bonds and other obligations in payment
for property purchased or acquired by it, or for
any other object In or about its business; to
lions, or any property which may be required
by It, to secure any bonds or other obligations
by u issued or incurred; to make and perform
contracts of any kind and description necessary
in carrying on its business or for the purpose of
attaining or furthering any of its objects and in
terests to do any and all other acts and things,
and to exercise any and all other powers which
copartnership or natural person could do and
exercise, and which now or hereafter may be
authorized by law.
". The total authorized capital stock of the
corporation is Thirty Thousand (Sa0 100000 Dol
lars, divided into three hundred $500 shares of
the par value of One Hundred $4,000 Dollars
each. The amount of capital stock with which
the corporation Will commence business is
Twenty-Five Thousand ($25 600 OO) Dollars, which
amount may be increased to not exceeding the
maximum amount named above, as shall be de-
termined by the board of directors, which said
board also has power to diminish or decrease
the capital stock should it be deemed advisable.
" The names and postoffice addresses of the
incorporates are as follows:
f. IL. Hartman. X. T. Scherck, Charles Heuck,
Joseph Heuck. Abrams Brothers ca partnership
composed of Samuel and Israel Abrams, NJ l..
Burton, Hyman Zwirn, j. II. Willoughby. Thos.
i. Perkins. George Bowsky, T. J. Neamann. Lie.
Harvey. Joseph Cope. J. L. Grant W. NJ. Turn
Grath, M. D. McGrath. Louis Cohn and Broth
ers "a partnership composed of Louis Cohn,
Emil Cohn aud David Cohn), all Of the city Of
uel Zwirn, of Bogue Chitto, in said county and
State: w. o. Poets and Son "a partnership com.
posed Of W. o. Poets and = Poets, of Poets.
Springs, Lincoln County, Mississippi.
vi. The period for which this corporation
may exist and have succession is fifty years.
VII. The officers of the corporation shall be
president, yiee-president, secretary, treasurer
and board OF directors consisting Of such num-
Der as the bylaws may provide. The board of
directors may also select such other officers as the
business Of the corporation may require. The
term Of office, duties and salaries of each officer
shall be fixed by the bylaws. The same per
deemed necessary.
VIII. The first meeting of stockholders for
organization under this charter shall be held at
the office of Commercial Bank in the city of
Brookhaven. Lincoln county, Mississippi. on
the 3rd day Of February, A. ID. 1902. or as soon
thereafter as possible; and further notice of
said meeting is waived the publication of this
! charter being accepted by the stockholders as
notice Of sad meeting. But if for any reason
said meeting should not be held at the time and
place named, then it may be called in the man
ner provided by Section S36, of the Annotated
Code.
January, A. ID. 1902,