Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-06-13
CHARTER OF INCORPORATION
OF the Ilatlics5urg Cotton Oil Company.

SEC. Tie following named pc sons,
viz d. &. Mcl,aney, w. NJ. Gunner,
J. S. Turner. ). Z. Cariey. H. L, Foote
x. L. Montgomery, ;. l.. heidelberg.
e. \ Collins. 5. c. Eaton, T. f. Ross,
F. w. Foote, 5 &. Ticker, p A. Car
te:, G. II. Stevens, Y. T.. Deese. &. 7.
MathisoD, Z. J Hubbard. b. d. Moore.
Il Z. Robertson and their associates
and successors, are hereby created
body corporate under the corporate
name of the "Hattiesturg Cotton Oil
Company, dODiciled at the City OF
Hattiesburg in Perry Cognty, Mississ-
ippi, and may cGntinne rs such for Il
period OF tfry years. It's capital stock
is hereby fixed at the sum of fifty
thousand dollars, divided into FIVE hun
dred shares of 500 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 c0mp1-
ny may organize and begin business
when five Thousand dollars hsve been
paid in,
Section g. The objects AMI purposes
for which this corporation is formed are,
to manufacture and sell all useful prod
such rs oil, meal. oil cake, bulls, lint
ers. aud whatever eise may be made
| from cotton seed or any prodGct OF cot
ton seed, such a.. soap aud axle grease;
! to manufacture fertilizers from cotton
seed products; to cir 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
carry on the business probably and sue
cessfully. 1t may bny, baild 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 ali
other acts necessary or expedient for
the successful conduct aud manage
ment of its business, not III conflict
with law.
Section 3. It's affairs shall be man
aged by board of not less than five
aud IN re than nine directors, and the
first board hall be chosen from among
the incorporators, who shall serve for
one year and until their successors are
elected and qualified. All subsequent
directors shall be chosen from among
the stockholders and shall serve for 4
period CT 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 d President, Vice
President, Secretary and Treasurer
and their duties shall be defined in the
by laws
Section 4. This corporation shall
| have all the rights, powers and priv
ileges conferred by chapter twenty five
of the Annotated Code of 1892, and any
amendments made thereto.
As soon as this charter has been ap-
proved by the Governor and recorded
/, by the Secretary OF State, the incorpo
ratJrs may meet at . time and place il
the city of Hatliesburg, TO be previousi,
namedin notice for that purpose which
}. notice may be sent 10 each incorporate
! through the mails, and organize TIA
s company by fixing the number of direc
: tors and electlng the same from anon,
Z the incorporatOrs, who shall immediate
2 ~ elect the officers named in the pre-
: ceeding section.
! Section 8. When thus organized th
!, board Of directors may proceed at ono
: TO do such acts as may be necessary t
carry out the objects and purposes {
this corporation. not 10 conflict wit
= the constitution and laws OF the State G
of the United States.