The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1902-03-29

/. Be 1t known by this charter OF incorpofa-
tion that G. p. Richardson, P. L Mann. Chas
McGinnis, R. v. Garner, r. s. Wheatley and
II. A. Mutually. and such other persons as may
become associated with them. be. and they
are hereby constituted body polite and cor
porate under the name and style Of the GLKS
ALLEN COTTON OIL COMPANY, and as such may
contract and be contracted with, sue and b.
sued, plead and be implicated in all Che court.
of law and equity in this state; may have 9
common seal and alter the same at pleasure;
may hold real and personal property, ae-
qure and sell the same; make by-laws. and
do any and all acts which corporate bodies may
do not violative of the laws of this state.
2, Tho domicile of said corporation shall b.
in Washington County. mississippi, and it,
principal place Of business in or near Glen Al
len, In said county and state.
8. The nature Of the business. and the OBJ
jects and purposes proposed to be transacted,
promoted and carried on, are TO do any or all
of the things herein mentioned, as fully and
to the same extent as natural persons might
or could do :as principal, agent, contractor.
trustee, or otherwise, either alone or In COM
pany with others, and in any part Of the world,
viz:
To erect, owe, maintain and operate q mill
or plant for the purpose Of manufacturing
crude cotton seed oil, and all kinds Of bv-
products from cotton seed; to erect, own,
maintain and operate mill for said purpose,
an also for the purpose of refining cotton
seed oil and other oils, and 10 buy and sell
cotton seed, cotton seed oil, cotton seed meal,
hulIs cake, ETC.. and to purchase, lease, main
tain own and operate tank lines and tank
cars, and steamboats, for the purpose of trans
porting its raw material and manufactured
products, and to do all business appertalning
or incidental thereto, with the right to make
legal and proper charges Tor storing. handling
and refining oils, and for the use and hire or
its cars and steamboats, in the transportation
of came.
And said corporation is hereby granted all
such rights and powers as are enumerated in
and conferred by Chap. 25 Of the Annotated
Code Of Mississippi Of 1892 upon corporations.
And in furtherance, and not in limitation Of
the general powers conferred by said Chapter
upon corporations. II is expressly provided
that this corporation shall also have the fol-
lowing powers:
or otherwise lien, lease, sell, exchange trans
fer or in any manner whatever dispose of real
property wherever situated, in SO far as may
be necessary or convenient in the conduct Of
its business.
To manufacture, purchase or acquire, in any
lawful manner, and to hold, own, mortgage,
pledge, sell, transfer, or in any manner dis
pose of. and to deal and trade in goods, wares
merchandise, and property of every class and
description, SO far as the same may be neces-
sary or convenient in carrying on its business.
4. The booksfor subscription to the capital
stock Of this corporation may be opened and
said corporation organized whenever $4,000 Of
the capital stock shall have been subscribed,
and the ilrst meeting Of the stockholders shall
be held either ut GreenvIlle, Mississippi, or at
Glen Allen, after this charter has been legally
approved, and upon written notice to the in
corporators herein named, signed by one or
more of them, such notice fixing the time and
place of such meeting, such meeting to be held
not less than three days after the issuance Of
such notice, and when assembled the meeting
shall procs eli to organize the corporation in
accordance with the provisions Of this charter,
flung such time and place for stockholders
me tings as may be deemed advisable, and de-
termining the manner in which the business
of the corporation shall be conducted
5. The President or any three stockholders
may call special meeting Of the stockholders
at any time by mailing five days notice to all
stockholders.
6. The capital stock Of said corporation shall
be Fifty Thousand Dollars, which may be in
creased or diminished by q vote of the major
ity in interest Of the stockholders. such In
crease or decrease to be in form Of an amend
ment to the charter,as provided for in Section
ssa, Of the Annotated Code Of Mississippi, per-
hitting amendments to charters, and said cap
ital stock shall be divided into shares Of the
value OF 500 90 each.
I. This corporation shall have the right Of
succession for 8 period Of fifty years. unless
sooner placed in voluntary liquidation and
dissolved by the acts Of it's stockholders. ow-
ing at least majority Of all the stock. or
otherwise dissolved by authority Of law.
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