Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-06-11
CHARTER OF INCORPORATION
Of lie IIatiits5arg Cotton Gil Company


Sac. / Ire following named pc sons,
viz: D. c. Mckaney, w NJ Conner.
J S. Turner, j. e. arley II. L, Foote
\ L. Montgomery. s. l.. heidelberg,
q. + Collins. S. e. Z tton, I. E. Ross,
r. w. Fooie, S c. Tucker, p. a. Car
ter, c. II. Stevens, V. y. Beese. i. y.
Mathison, = } hubbard, b d. Moore,
Il i. Robertson and their associates
and successors, are hereby created q
body corporate under the corporate
name OF the Hattie shurg Cotton Oil
Company, domiciled at the City Of
Hattiesburg in Perry County, Gississ
ipii, and may continue as such for q
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 500 each, to be-
evidenced By certificates issued under
the corporate seal Of the Company to
subscribers and purt hasers who may
be entitled to the same, but the c0np1
ny NAV organize and begin business
when five thousand dollars hive been
paid IN,
Section . The objects an purposes
for which this corporation IS formed are,
TO manufacture and sell ali usefnl 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
ten seed, such as, soap aud axle grease;
| to manufacture fer tilizers 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 ali
real and personal property necessary to
| carry on the business probably and sue
| cessfally. 1t may buy, bald or lease
tenement houses for the use Of its op
eratiyes and employees, and may rent
the same to them; it may buy, build or
lease warehouses or storage houses al
any point or place in the State fol
housing or storing cotton seed, or cotton
seed products, and may do any and al
other acts necessary or eXpedient fol
the successful conduct aud manage
ment of its business, not in conf1ici
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 shall be chosen from among
the incorporators. who shall serve fol
one year and until their successors ART
elected and qualified. All subsequen
directors shall be chosen from amOns
the stockholders and shall serve for
T period CT one year and until their sue
. fcessors are elected and qualified, bu
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 d President, Vice
> President, Secretary and Treasurer
and their duties shall be defined in III
By laws.
Section 4. This corporation shall
e have all the rights, powers and priv
/ ileges conferred by chapter twenty fiv
of the Annotated Code of 1892, and an
amendments made thereto.
AS soon as this tharter has been ap
proved by the Governor and recorde
], by the Secretary of State, the incorpo
ratJrs may meet at a time and place j
Y the city of Harrisburg, TO be previousl
: named N anotice for that purpose whic
4 notice may be sent TO each incorporate
. through the mails. aud organize III
. company by fixing the number of dire,
4 tors and elecsiDg the same from anon
"a tie incorporates. who shall immediate
= Is elect the officers named in the pre-
~ eeeaing section.
! Section 5. When thus organized II
A hoard of directors may proceed at ons
to d. such acts as may be necessary
carry out the objects and purposes
d. this corporation, not ia conflict vii
the constitution and laws Of the State
of the United States.