Greene County herald. (Leakesville, Miss.) 1898-current, 1902-02-07
CHARTER OF Incorporation
OF the "Merrill and Leakesville Tel
anbooa No,,ron-

u9O1), Elijah Rose, W. P. Rhinehart,
. DIR. Samuel Pool, James Faulk, Jas.
IL. Turner, and DIR. NJ. l.. Batson by
virtue of the provisions of Chapter
Twenty (25) of the Annotated
Code of the State of Mississippi and
the Acts Amendatory thereof, do here.
by organize and found corporation
for the objects and purposes, herein.
after enumerated and to that end aud
purpose, they do by these prerents
with the approval of the Governor of
the State of Mississippi, form and con.
stitute themselves and all other such
persons as may hereafter become as
sociated with them by purchase, de-
scent, subscription or otherwise, into
a body polite and corporate in law
under the following articles of the
Charter of said Corporation, to wit:
Article l. The name and style OF
this Corporation shall be the "Merrill
and Leakesyille Telephone Company
aud in that name shall exhist for q
period of fifty (50) years from the date
of the approval of this Charter by the
Governor of the State of Mississippi
unless sooner dissolved By the vote
and approval Of tt.eefourths Of its
stockholders, and may purchase or
otherwise acquire, have, bold and en-
JOY or connect with other Telephone
lines or anch lines besides its own
lines not exceeding in value or amount
the limit fixed by law as may be re-
CURED for the purpose for which this
organization is formed; and shall
possess all the rights, powers, and
privileges which Corporations of this
character under the general laws OF
the State Of Mississippi are authorized
to possess or exercise.
Aeticle II. The domicile of this
Corporation shall be at Merrill Greene
County, Mississippi.
Article Ill. The capital stock of
this Corporation shall be five hundred
dollars (s500.00) with the privilege of
increasing same to one thousand jol.
lars (1000.00) to be divided into share
of ten dollars $1,000 each. When
three bundled dollars of said stock
has been subscribed and paid in and
the balance of tho five hundred dollars
duly subscribed. said Corporation
may begin business. The balance Of
said subscriptions shall be paid in at
the call Of the directors of said Cor
poration, the undersigned however
having The privilege of having all the
said capital stock subscribed and fully
paid before business is commenced.
Article ". The objects and pur-
poses of this Corporation are hereby
declared to be; to own and operate q
Telephone line commencing at main
Office in Merrill and running along
side Merrill and Leakesville road to
u. Rose store at mouth Big Creek,
from there on along side same road to
w. 7. Rhineharts store, and flom
there on to Leakesville via re sidence
Of Jas. Fl. Turner: said line terminal
ing at Faulk's drug store in Leakes
vile; also to own and operate branch
lines emenating from any part of their
said main line as hereinbefore de-
scribed. and TO connect with other
private or other Compapy's lines with
in Greene County, Mississippi, and to
maintain Telephone exchange in both
Towns of Merrill and Leakdsville,
said building, acquisition and connect
ion with branch, private or other
Company's lines, only to be done
where it's neemed necessary and expe
dent for the successful execution OF
the business for which this Company
is formed.
Article V. The Corporate powers
of this Corporation shall be vested in
board of not less than thee nor
more than five directors, each OF
whom shall be stockholders in said
Company who shall be elected by the
stockholders as soon after the approval
OF this Charter by the Governor as
they MAJ see fit, ten days notice first
being given to each stockhlder of
said meeting; and annually thereafter
on the first Monday of February each
nrst meeting ana annually thereafter
following each election of stockhold-
ers, shall organize by electing Pres
ident, Vice President, Secretary and
treasurer, provided that the offices OF
Secretary and Treasurer may be filed
by the same person. Vacancies. oc-
curing on the board of directors may
be filled by the stockholders at an
election for that purpose on ten days
notice first being given each person
then holding stock as shown by the
books of the said Company. A ma
GRITTY of said board shall constitute
quorum; said board of directors may
appoint form time to time. also dis
miss ut their pleasure anch officers.