Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-06-16
CHARTER OF INCORPORATION
OF The lIatii,sburg Cotton Oil Company.

Sec. TIE following named persons,
viz: d. c. Mckinney, W. NJ. Conner,
j s. Turner. + c. Carley. H. L, Foote,
\. L. Montgomery, s. IL. heidelberg,
Il. n Collins. s. G.. Eaton, I. E. Ross,
f. w. Foote, ) G. Tucker, p. a. Car
Ter, G. Fl. Stevens, V. Il. Deese, j. II.
Madison, r. } Hubbard. B. d. Moore,
q Z. Robertson and their associates
and successors, are hereby created a
body corporate under the corporate
name Of the "Hattitsturg Cotton Oil
Company. ,iomiciled at the City of
HatiiesbGrg in Perry County, Mississ-
ippi, and may continue as such for a
period Of fifty years Its capital stock
is hereby fixed at the sum of fifty
thousand dollars, divided into five hum
dred shares Of 500 each, to be
evidenced by certificates issued under
the corporate seal of the Company to
subscribers and purt hasers who may
be entitled 10 the same, but the comps
ny may organize and begin business
when five Thousand dollars have been
paid in,
Section @ The objects ana purposes
for which this corporation is formed are,
to manufacture and sell all useful prod
ucts that may be made from cotton seed
such as oil, meal. oil cake, hulls, lint
ers. and whatever else may be made
from cotton seed or any product of cot
ton seed, such az. soap aud axle grease !;
to manufacture fertilizers from cotton
seed products; to gin and press cotton in
the bales. To that end the said corpo
ration may buy. own, lease and hold all
real and personal property necessary to
1, if1ol
eessfully. Ii may buy, build or lease
tenement houses for the use Of its OPP
pratives 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
wit.! law.
Section 3. It's affairs shall be man
aged by board of not less than FIVE
and IN re than nine directors, and the
first board hall bs chosen from among
the iucorporators. who shall serve for
one year aud until their successors are
elected and qualified. All subsequent
directors shall be chosen from among
the stockholders and shall serve for Il
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 snail be President, Vice
President, Secretary and Treasurer,
and their duties shall be defined in the
! by laws
! Section I. This corporation shall
have all the rights, powers and priv
ileges conferred 10y chapter twenty five
Of the Annotated Code of 1922, and any
amendments made thereto.
As soon as this charter has been APP
proved by the Governor and recorded
by the Secretary of State, the incorpo-
rat3rs may meet at time and place in
the city of Hatliesburg, to be previously
named IN a notice for that purpose which
notice may be sent to each incorporation
through the mails, and organize the
company by fixing the number of direc
! tors and electlng the same from among
! the incorporators, who shall immediate
ly elect the officers named in the pre-
ceeding section.
Section 5. When thus organized the
board of directors may proceed at once
to do such acts as may be necessary Il
carry out the objects and purposes o.
this corporation, not in conflict Will
the constitution and laws of the State OF
Of the United States.