The leader., 1902-09-10
Liver Pills
The Charter of Incorporation
of the Auburn Mercantile
Company.

we, the persons hereinafter named, in order
70 form corporation for the purposes herein
a S stated, under and pursuant to the provis-
ions OF Chapter twenty-five (25) of the Annota-
ted Code of Mississippi entitled "CorporatiOns'
and the acts OF the Legislature ainendatory
tnereOt ana supplemental thereto, do hereby
state as follows
!. The name of the corporation is AUBURN
MERCANTILE COMPANY.
DOMICILE.
2. The domicie and main office of the corpora-
tion snail be at Auburn, Lincoln County, Mis-
Sissippl. -'i'0
formed are: 'i'''''n ID
To buy and sell. or otherwise to deal or to
franc 10 any and all such articles of commerce
ana merchandise as are usually bought and sold
course OF trade.
TIC To- buy and SELL, or otherwise to deal or to
Traffic IN any and all kinds of goods, wares and
merchandise, farm and plantation supplies, or
farm and country produce.
81 10 @ pny and sell. or otherwise to deal or to
Irdilc ~ al Such property, whether real per
so 91 or mixed; as may be deemed necessary 10
ADVANCE the interests Of the corporation, ~
10 acquire. own, lease. occupy, use or improve
any lands. buildings or other property, and to
construct bu ldingS. and any other structures
necessary Ior the purposes and business of the
To buy and SELL deal and traffic in sucb oon,-
modltes and objects of commerce as are usually
Dougnt and sold in trade, and the sale of which
10 noG pIOlllDlL6u by law.
The business or purpose of the ooron.n,, Of
present. and until otherwise determined aS
hereinafter stated, Is to carry on and do pen
era mercahtlle business, and incidentally such
otner trade as may be deemed of ADVANTAGE and
PFont IN connection Herewith; but it NAV. if
aeemed eXpedlent and advisable at any time by
Tue Doard OF directors, enlarge the scope of the
business and establish cotton gins and saw
mis-, or engage in any line of business it NAV
see proper; and it may locate and establish
S Stancn l. Qihces at any point or points 10 this
0''''e' 1he podrd OF directors so determine.
POWERS.
The corporation shall have and NAV everciSe
me powers granted to similar CORPORATIONS nv
Cnapter twenty-five (20 of the Annotated Code
OF OH MISSISSIPPI entitled Corporations" and the
supplemental thereto, which said laws are
neFeDy made part of this charter the same as
s Iog they were written out and Incorporated
without in any particular limiting any of the
powers of the corporation granted by the laws
AFORESAID, 1t is hereby expressly declared and
provided that the corporation shall have power
TO issue bonds and other obligations in payment
LOT property purchased or acquired by it, or for
any other object in or about its business; to
mortgage or pledge any bonds or other Obliga-
tonS, or any property which may be REQUIRED
by It: to secure any bonds or other obligations
by II issued or incurred; to make or perform
contracts of any kind and description necessary
IN carrying on its business, or for the burmese,
OF attaining or furthering any of its objects and
interests; TO do any and all other acts and
which co-partnerShip or natural person could
do and exercise, and which now or hereafter
may be authorized by law.
CAPITAL.
4. The total authorized capital stock of the
corporation is TWENTY THOITSAND (S2n MN NM
DOLLARS, divided into two hundred 600 Shares
OF the par value of One Hundred (S1OOOOj Dol
lars each. The amount of capital stock with
winch the corporation will commence business
is FIVE THOUSAND IS OO0.OO) DOLLARS, which
amount may be increased to not exceeding the
maximum amount named above, as shall be de
ESe a by the board of directors, which said
BOARD also has power to diminish the capitaL
StOcK should II be deemed advisable.
INCORPORATORs.
8. The names and poStOffice addresses of the
lncorporatorS are as follows: j. 2. Carruth. r.
S n; Garrut9, NJ /. Burton; f; J. Kenna, of
Garruthi j., OF Auburn; S. E. Carruth, ST.,
B. H. Moak, X. A. Holmes, w. K. Johnston,
1: Z, Barr. Of Johnston Station, all of the State
PERIOD.
6. The period for which this corporation may
exist and have succession is fifty wears
Z. Inc ofncerS of the corporation shall be a
president, V1ee-president, secretary, treasurer
and board of directors, consisting of such nun-
Der as the bylaws may provide. The board of
directors may also select such other officers as
the business. Of the corporation may require
officer shall be fixed by the bylaws The same
person may hold two of said OFFICES combined
II necessary.
g.. The first meeting of stock holders for Or
gahZation under this charter shall be held at
ltS store at Auburn, Lincoln County, MisSisS,Spi
on the oath day of September, A. b. 1902, or as
soon thereafter as possible, and fUrthaE notice,
OF Salu meeting is waived, the publication OF
TINS charter being accepted by the stock holders
as notice of said meeting. But if for apy reason
Sald meeting should not be held at the time and
place named, then it may be called in the man
Code.