Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-06-19
CHARTER OF INCORPORATION
Of the IIa..icsDurg Cotton Oil Company.

Sec. | TIE following named PEE sons,
viz. d. G. McRaney, w. Nj. Conner,
J. ). Turner. j. c. Csrley, Ii. l.. Foote,
A. u. Montgomery. $. l.. Heidelberg,
f. N. Collins. S. G.. Eaton, L. z. Ross,
f. w. Ifoote 5 G. Tucker, P. A. Car
ter, G.. II. Stevens, V. Z. Deese, j. 7.
Mathisop, r. J Hubbard. B. d. Moore.
Ct 9. Robertson and their associates
and successors, are hereby created a
body corporate under the corporate
name OF the Harrisburg Cotton Oil
COMPANY. ieniciled at the City Of
Hattiesherg in Perry County, Mississ-
ippi, ami may continue rs such for a
period Of tifty 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 pure hasers who may
be entitled TO the same, but the comps
ny NAV organize and begin business
when five Thousand dollars hive been
paid in,
Section g. The objects and purposes
for which this corporation is formed are,
to manufacture and sell all useful 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 produce OF cot
ton seed, such as, soap and axle grease !;
TO manufacture fertilizers 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 all
real and personal property necessary TO
caury on he business prOlitably and sue
cessfuily. 1t may buy, bald or lease
tenement houses for the use of its OPP
eratives and employees, and may rent
the same TO them; it may buy, build or
lease warehouses or storage houses at
any point or place in the State for
housing or storing cotton seed, or cotton
seed products, and may do any and all
other acts necessary or expedient for
the successful conduct and manage
ment of its BUSINESS, not in conflict
with law.
Section 3. Its affairs shall be man
aged bv board of not less than five
and IN re than nine directors, and the
/ first board hall be chosen from among
/ the incorporators, who shall serve Tor
one wear and until their successors are
elected and qualified. All subsequent
directors shall be chosen from among
| the stockholders and shall serve for a
period CT one year and until their sue
cessors are elected and qualified, but
provision may be made in the by laws
for the removal of any director for III
competency or other sufficient cause
The officers shall be 4 President, Vice
President, Secretary and Treasurer
and their duties shall be defined in The
by laws
S. ction 4. This corporation shall
have all the rights, powers and priv
ileges COT ferred by chapter twenty fiv'
of the Annotated Code of 1922, and an,
amendments made thereto.
AS soon as this charter has been ap
proved by the Governor and recorded
, by the Secretary OF State, the incorpo
, rat3rs may meet at time and place il
the city of Hattiesburg, to be previousl.
named IN notice for that purpose whicl
notice may be sent to each incorporate
r through the mails, and organize tn
company by fixing the number of direC
tors and electIng the same from anon
the incorporators, who shall immediate
! " elect the officers named in the pre-
: ceeding section.
Section 5. When thus organized til
board of directors may proceed at one
to do such acts as may be necessary
4 carry out the objects and purposes {
e this corporation, not in conflict wit
9 the constitution and laws Of the State Q
of the United States.