Okolona messenger. (Okolona, Miss.) 1900-current, 1902-07-23
fFfrst published IN Messenger July l6, 1902.
THE CHARTER
OF incorporation OF e. b Hall nedi-
cine Company.

ARTICLE l. That Il. 3. Hall. Addison
Han, Corinnc Han and W a. Houston, and
other associates VINO may become stockhold-
eFs. be. and are hereby created a body corpo-
e. B. Hall Medicine Company, for the pur-
pose of manufacturing and vending drugs,
proprietary ana patent medicines.
ARTICLE .. The capital stock OF said
corporation shall not be less than Five ThOus-
and 81 .0O0l Dollars. and shall not exceed the
sum Of Ten Thousand 100000 Dollars, the
same to be divided into shares OfOne Hundred
G1OO.OO) each, and said shares shall be nom
assessihle. and when the sum of Two Hundred
Fifty G25O.OO) DOllarsshau have been paid In,
the said stockholders may meet and elect
their board OF directors.
ARTICLE 8. The offices OF said corpora
ton shall be managed by a board OF directors,
a majority OF whom shall constitute a quorum
and they shall elect a president, secretary
ARTICLE. 4 The said Board of Directors
shall have full and ample power to make all
bylaws regulating the time, place aud manner
Of the meetingO OF the stockholders, the election
of the Board of Directors, the president, sec
rotary and treasurer. their tenure Of Ohice, to
divide and declare dividends out OF the profits,
to establish and fix salaries etc, In fact they
shall have fun ana ample power 20 establish
all bylaws, rules aud regulations, not contrary
TO the law, necessary to carry out the busi-
ness of said corporation, ana carry out us
purpose and objects as set forth in Article /
herein.
ARTICLE 5. The secretary and treasurer
shall have the care and custody OF all money
Of the corporation, and shall give bond with
good security to faithfully account for the
same, the amount of said bond, and the secu-
rity TO be approved by the said Board OF
Directors.
ARTICLF 6. That in the election of the
said Board OF Directors, and In all the business
of the said corporation, each stOckhOlder
shall be entitled to one vote for each share
that he holds. The majority OF the votes TO
control. Absent stockholders or directors
may be represented by proxy in writing, and
no transfer OF stock to be considered final,
until regularly entered on the books OF the
corporation, when the original shall be surren-
dered or cancelled as the case may be.
ARTICLE 7. That should any stockhOlder
desire to sell his or her stock or any part
thereof, he or she, shall give reasonable no
tice thereof to the said Board OF Directors,
who, all things being equal, shall have the
preference in the purchase of the same, and
pay Cor the same out of the profits OF the
corporation, Said stock so purchased shall be
ARTICLE g. No s%tockholder of said cor
poratiOn shall be individually liable for the
debts OF the same, except to the amount OF
the balance that may remain due or unpaid fol
the stock subscribed by him or her, and nc
further.
ARTICLE 9. That said corporation shall
hold all real estate necessary for the purpose
OF carrying on its business, and for this purpose
shall have the power to establish agencies IN
this, or adjoining states.
ARTICLE 10. That the said e. B.. Hal
| MGQAgANN LVANN0uE oAAA hAfN W liz ."
the town of Ok0lOna. county of Chickasaw
state OF Mississippi, and its charter may con
tinue for so years.
ARTICLE IL. This charter OF incorpora
ton shall be in full force and effect from an'
after the approval OF the same by the Govern
or as contemplated by Chapter % of thu
Annotated COd of 1892 under the provision
of which chapter this corporation is organizes
and all the provisions of such chapter so far a
the same are applicable shall be a part OF thi
charter OF Incorporation. All Indebtedness
due by or to theincorpOratiOn shah be so mad
that it shall be payable In any kind of lega
tender money OF the United States.