Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-10-15
THE CHARTER OF INCORPORATION
OF the HattieSburg Light andPower
Company.


Company.
SECTION |. Be it known that, Nj.
Hemphill, r. n. Hemphill, H. A. Hemp
hill and such others as may be hereafter
associated with them, successors and
assigns, are hereby made and cOnstitu-
ted body polite and corporate under
the provisions of chapter % of the ammo
tated code of Mississippi, of 1892 and
the acts amendatory thereof.
SECTION 2. The name and style of
the corporation hereby ere ated shall be
Hathesbnrg Light and Power Company;
and under such name and style this
corporation may exist for a period OF
fifty years, from and after the date OF
the approval of this chatter by the gov
ernor, uuless sooner dissolve by vote
of not less than three fourths of all the
stock then Issued, and in force.
SECTION 8. The domicilea Of this
corporation shall be in the city of Hat
tiesburg, county of Perry, state of
Mississippi.
SECTION 4. The objects and pur-
poses OF this corporation are, to acquire
by purchase or otherwise, and own,
hold, maintain and operate Il plant, or
plants devoted to the manufacture,
EMPLOYMENT and utilization of light,
beat and power by electricity or other
wise, to build and equip or otherwise
acquire, own, hold, maintain and operate
q street car system over the streets,
avenues and other public grounds OF
said city of Hattiesburg, with lines
extending beyond the limits of said city
If the corporation shall deem expedieht;
and to engage in the purchase, manu-
facture and sale of all merchandise,
materials and supplies, of whatever kind
or description, used for or in the CON-
nection with such heat, light and power
llants. or street car system. And this
corporation may do either or all the
things mentioned above. If this cor
poration finds it advantageous to do so, 1t
may purchase or acquire the present
plant, property, rights, privileges and
franchises ef the Hattirsbnrg Light and
Power Company, a CO. partnership, now
existing in said city of Hattiesburg.
3 SECTION 5. This corporation may
acquire by purchase or Otherwise, and
have, own, hold, Ell y and ALLEVIATE such
real and personal property as may be
deemed necessary to its successful op,
GRAFTON, not to exceed in value the limit
fixel by law, and shall have, pc 'sess and
enjoy all the rights, powers and prlvl-
leges conferred on corporations generally
I by the constitution and laws of the state
of Mississippi.
( SECTION 6. The capital stock of
this corporation shall be thirty thousand
dollars $3.50, 000) to be divided into three
hundred 5000 shares of the par value of
8 one hundred dollars $500 00) each; but
in may begin business when one half OF
the capital stock is subscribed,
SECTION z. This cor, oration may
establish all necessary bylaws, rules
and regulations, not contrary TO law,
/. and amend or repeal the same at pleas
s ure; and may have and use corporate
seal.
( SECTION g. The powers of this
corporation shall be vested in a board Of
not less than three or more than five
directors, to be chosen annually ty the
[ stockholders from their number, and its
! officers shall be president, vice resi-
dent, secretary and treasurer, 70 be
selected annually from their number;
and such officers, agents and employees
as may be deemed proper. The duties
Ct all the officers and the manner in
which the powers hereof may be
exercised shall be prescribed in, the
by laws.
SECTION 8. Each stakeholder in
this corporation shall be entitled to one
vote for each share of stock held by him
to be cast 10y the owner of the stock OF
by proxy; but all proxies must be il
writing.
SECTION TO- No stakeholder shall
be individually liable for the debts n
this corporation, contracted during hi
ownership of stock. beyond the amoun
of balance that may remain due o.
unpaid for stock subscribed for by him
SECTION IL The parties in interest
may hold their first meeting for tn
purpose Of organizing this corporation
at any me after the approval of rhi
charter by the governor, each stock
holder to have had two days notice o
the time and place Of such meeting
This charter shall be operative from an
after it's approval by the governor.
In testimony whereof, the said incor
porators have hereunto set their hand
on this, the 23rd day of September,
p. 1902.
NJ. hEMPHILL,
r. FL HEMPHUI