Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-06-07
CHARTER OF INCORPORATION
Of the uatfiesburg Cotton Oil Company

Sec. Ire following named pc. sons,
viz; d. G. McRanty, w. NJ. Conner,
J. S. Turner, i. G.. Carley. II. l., Foote,
a. L. Montgomery, S. /. heidelberg,
r. n Collins. S. G.. Eaton, T. E. Ross,
f. w. Foote, S G. Tucker, P A. Car
tec, c. II. Stevens, V. L. Deese, ]. T.
Mathist.n, T.. J. Hubbard, B. ID. Moore,
G.. Z. Robertson and their associates
and SUE cessors, are hereby created Il
body corporate under The corporate
name Of the Hattie sturg Cotton Oil
Company" domiciled at the City Of
Hattiesberg IN Perry County, Mississ
ippi. and may continue as such for Il
period Of fifty years. It's capital stock
is HEREBY fixed at the sum of fifty
Thousand dollars, divided into five hun
dred shares of 800 each, TO be
evidenced by cert hcates issued under
the corporate seal of the Company TO
subscribers and pure hasers who may
be entitled 10 the same, bur the compr
ny NAV organize and begin business
when five tnousa nd collars hive been
paid in,
Section g. The objects AMI purposes
for which this orporation is formed are.
to manufacture and sell all useful prod
ucts that may be made from cotton seed
such as oil, meal. oil cake, hnllS, lint
els, aud whatever eise may be made
from cotton seed or any product OF cot
ton seed, such as. soap and axle grease;
10 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 10
catry on The business probably and sue
cessfuily. It IN iy bus, bald or lease
tenement houses for the use of its ep-
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, md may do any and all
other acts nece ssary or expedient for
the successful conduct aud manage
ment OF its business, not in conflict
with law.
Sections. Its affairs shall be man
aged bv hoard of not less than five
and IN re than nine directors, and the
first board hail b 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
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 ether sufficient cause.
The officers sha 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 1922, and any
amendments made thereto.
AS soon as this charter has been ap-
prcved by the Governor and recorded
by the Secretary of State, the incorpo
rat0rs may meet at time and place in
the city Of Hatliesburg, to be previously
named III 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 70
carry out the objects and purposes of
this corporation, not in conflict with
the constitution and laws of the State or
/ of the United States.