Hattiesburg daily progress., 1902-06-09
CHARTER OF INCORPORATION
Of the lIattIcsburg Cotton Oil Company

Sec. 1 TIE following named pc, sons,
viz: d. C. McRaney, W. NJ Conner.
j S. Turner, j c. Carley. ii. L, Foote.
A Z. Montgomery, $. j.. Heidelberg
Il. N Collins S. G.. Eaton, r. E. Ross,
F. w. Foote, S c. Tucker, P A. Car
te?, G. H. Stevens, V. Il. Deese, ]. 4.
Mathison, L. J. Hubbard. b. d. Moore,
q. Z. Robertson and their associates
and successors, are hereby created
body corporate under the corporate
name of the 'Hattieshurg Cotton Oil
Company" domiciled at the CITY of
Hattiesbrrg in Perry Co inty, Mississ-
ippi, and may continue as such for Il
p-riod of fifty 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 to
subscribers and pure hassrs who may
be entitled TO the same, but the compq-
ny may organize and begin business
when five Thousand dollars have been
paid IN,
Section O. The objects ani 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 as, soap and axle grease
to manufacture fertilizers from cotton
seed products; to gir 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 prohtably and sue
cessfully. II 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 ali
other 4cts necessary or expedient for
the successful conduct and manage
ment of its business, not in conflict
with law.
Section 3. Its affairs shall be man
aged by board of not less than five
and nj re than nine directors, and the
first board shall be chosen from among
the incorp0rators, who shall serve .foi
one year and until their successors are
elected and qualified. All subsequent
directors shalt be chosen from among
the stockholders and shall serve for d
period cf one year and until their sue.
cessors are elected and qualified, bui
provision may be made in the by law:
for the removal of any director for in
competency or other sufficient cause
The officers shall be President, Vice.
President, Secretary and Treasurer
: and their duties shall be defined in ths
by-laws
Section 4. This corporation shall
have allthe rights, powers and priv
ileges conferred by chapter twenty fiy,
of the Annotated Code of 1899, and an,
amendments made thereto.
AS soon as this charter has been az
prSved by the Governor aDd recorde;
: by the Secretary OF State, the incorpo
rat3rs may meet at time and place il
the city of Hatliesburg. TO be preyiousl,
namedln notice for that purpose whicl
notice may be sent to each Incorporate
: through the mails, and orgspize th
company by fixing the number of diree
tors and elect1ng the same from anon
: the ineorporators, who shall immediate
|, ly elect the officers named in the pre-
cee3ing section.
b Section 5. When thus organized th
Il board of directors may proceed at ono
TO do such acts as may be necessary /
n carry ont the objects and purposes /
this corporation. not in conflict wit
the constitution and laws Of the State
2 OF the United States.