Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-06-10
CHARTER OF INCORPORATION
Of the IIattiesbrrg Cotton Oil Company.


sec. l Ire following named pc sons,
viz: d. c. Mclianey, w. NJ. Conner,
j S. Turner, J G. Carley. f. J., Foote.
y l.. Montgomery. s. J.. heidelberg.
r. II Collins. s. g. Eaton, T. T. Ross,
r. w. Foote, S g. Tucker, p. A Car
ter, c. II. Stevens, ". 7. Deese :, I. 7.
Mathison, L. }. Hubbard, b. d. Moore,
q. Z. Robertson aud their associates
and successors, are hereby created
body corporate under the corporate
name of the 'Hattiesburg Cotton Oil
Company" domiciled at the City of
HattiesbCrg in Perry County, Mississ
ippi, and may continue as such for IA
period of fifty years. It's capital stock
is hereby fixed at the sum Of fifty
thousand dollars, divided into five hun
dred shares of 800 each. to be
evidenced by certificates issued under
the corporate seal of the Company 10
subscribers and purt haserS who may
be entitled TO the same, but the cOmpS
ny may organize and begin business
when five thousand dollars have been
paid in,
Section 2. The objects AMI purposes
for which this corporation IS formed are,
to manufacture and sell ah useful prod
ucts that may be made from cotton seed
such as oil, meal oil cake, bulls, lint
ers. aud whatever erse may be made
from cotton seed or any, prodnc5 OF cot
ton seed, sucn as, soap aud axle grease;
to manufacture fertilizers from cotton
seed products; to gin aud press cotton in
the bales 70 that end the said corpo-
ration may buy, own, lease and hold all
real and personal property necessary TO
carry on the business probably and sue
cessfully 1t may buy. build or lease
tenement houses for the use of its op
eratives and employees, and may rent
the same to them; it may buy, build or
lease warehouses or storage houses at
any point or place in the State for
housing or storing cotton seed, or cotton
seed products, and may do any and all
other acts necessary or expedient for
the successful conduct aud manage
ment of its business, not in conflict
with law.
Section 3. les affairs shall be man
aged bv board of not less than five
and N. re than nine directors, and the
first board shall be chosen from among
the incorporators, who shall serve fol
one year and until their successors are
elected and qualified. All subsequent
5
the stockholders and shall serve for q
period Of one year and until their sue
cessors are elected and qualified, but
provision may be made in the by laws
for the removal Of any director for in
competency or other sufficient cause
The officers shall be 4 President, Vice
4 President, Secretary and Treasurer
and their duties shall be defined in the
9 by laws.
: Section A. This corporation shall
I have all the rights, powers and priv
Q tileges conferred by chapter twenty fv'
{ of the Annotated Code of 1892, and any
r amendments made thereto
/. AS soon as this charter has been ap'
il proved by the Governor aDd recorde,
by the Secretary OF State, the incorpo
ratjrs may meet at Il time and place il
the city of Hatliesburg, to be previousl,
, named IN notice for that purpose whicl
notice may be sent TO each incorporate
through the mails, aud organize til
company by fixing the number of diree
tors and electIng the same from anon
the incorporators. who shall immediate
n ~ elect the officers named in the pre-
I'D ceetaing section
s. Section ). When thus organized til
IN board of directors may proceed at one
N to do such acts as may be necessary
81 carry out the objects and purposes
< this corporation, not in conflict wit
at the constitution and laws of the State I
of the United States.