Greene County herald. (Leakesville, Miss.) 1898-current, 1902-01-03
CHARTER OF INCORPORATION
OF the "Msrrill and Leakesville Tel
ephone Company.


day of December In the year OF our
Lord, Nineteen hundred and ons
(19O1), Elijah Rose, W. p. Rhinehart,
DIR. Samuel Pool, James Faulk, Jas.
II. Turner, and DR.. NJ. l.. Batson by
virtue OF the provisions of Chapter
Twenty-Five (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 and
purpose, they do by these prerenta
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
ISOLATED with them by purchase, de-
scent, subscription or otherwise, into
body polite and corporate in law
under the following articles OF the
Charter Of said Corporation, to wit;
Article /. The name and style OF
this Corporation shall be the merrill
and Leakesville Telephone Company
and 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.seo-fourths OF its
stockholders, and may purchase or
otherwise acquire, have, bold and en-
Joy or connect with other Telephone
lines or branch lines besides its own
lines not exceeding in value or amount
the limit fixed by law as may be re-
quired 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 III. The domiciIe of this
Corporation shall be OF Merrill Greene
County, Mississippi.
Article III. The capital stock Of
this Corporation shall be five hundred
dollars (s500.00) with the privilege of
increasing same to one thousand 5ol'
lars (1000.00) to be divided into share
of ten dollars $1,000 each. When
three hundred dollars of said stock
has been subscribed and paid In and
the balance Of the Ave 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 aud pur-
poses of this Corporation are hereby
declared to be, to own and operate a
Telephone line commencing at main
Office In Merrill and running along
side Merrill and Lenkesville road to
E. Rose store at mouth Big Creek,
fl ON there on along side same road to
W. P. Rhinehart's stores aud from
there on to Leakesville via residence
Of Jas. H. 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 Company's lines with
in Greene County. Mississippi, and to
maintain Telephone exchange In both
Towns Of Merrill and Leak dsville,
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 thu co 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 may see At. ten days notice first
being given to each stockhlder of
said meeting; and annually thereafter
on the first Monday of February each
year. The board Of directors at their
first meeting and annually thereafter
following each election OF stockhold-
ers, shall organize by electing Pres
ident, Vice President. Secretary and