The leader. [volume] (Brookhaven, Miss.) 1895-1905, 1902-01-08
The Charter Of Incorporation
MERCHANTS GROCERY COMFY

We, the persons hereinafter named. In order
70 form corporation for the purposes herenaf-
of chap,s, unaer ana pursuant % the provisions
Code OF Mississippi. entitled Corporations .
and the acts OF the Legislature amendatory
snereoi ana supplemental thereto, do hereby
I. The name OF the corporation is MER-
cHASIs' GROCERY COMPANY.
III, The domieile and main Office of the eorpo.
| ration shall be in the city OF Brookhayep. lin
coin county. Mississippi
III. The purposes for which the corporation
To buy and sell, or otherwise to deal or to
| traffic In any and all such articles OF commerce.
an ana merchandise as are usually bought and sold
~ wholesale or retail grocery dealers In the or
binary course OF trade
buy and sell. or otherwise to deal or to traffic
in any and all kinds of goods wares and mer-
chandise farm and plantation supplies or farm
and country produce.
To buy and sell. or otherwise to deal or 10
sonal or mixed, as may be deemed necessary to
advance the interests Of the corporation
10 acquire, own. lease, occupy, use or improve
construct buildings. and any other structures,
necessary Tor the purposes and business Of the
TO buy and sell. deal and traffic in such COM
modities and objects Of commerce as are usr-
ally bought and sold In trade and the sale OF
which IS not prohibited by law.
Inc business or purpose of the COMPANY at
present. and until otherwise determined as
hereinafter stated. Is to carry on and do a
wholesale grocery business, and incidentally such
other trade as may be deemed Of advantage and
profit In connection Herewith: but 1t NAV II
deemed expedient and advisable at any time
9y the board OF directors, enlarge the scope of
the business and convert it into general mer-
ehandise and wholesale establishment or en-
gage In any line for merchandise 1t may see
proper: and II may locate and establish branch
offices at any point points In this State If the
board of directors so determine.
The corporation shall have and may exercise
the powers granted TO similar corporations by
Chapter twenty-five of the Annotated Code Of
Mississippi, entitled Corporations, and the
acts Of the Legislature amendatory thereof and
supplemental thereto, which said laws are
hereby made part Of this charter the same as
though they we're written out and incorporated
herein.
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
for 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-
tlons, or any property which may be required
by it, to secure any bonds or other obligations
by II issued or incurred; to make and perform
esohtraots OF any KIND and description necessary
IN carrying on its business or for the purpose of
attaining or furtherng any of its objects and in
terests, to do any and all other acts and things
and to exercise any and all other powers which
a copartnership or natural person could do and
exercise, and which now or hereafter may be
authorized by law.
". The total authorized capital stock of the
corporation Is Thirty Thousand $50, 100000 Dol
lars, divided into three hundred $500 shares of
the par value OF One Hundred $4,000 Dollars
each. The amount of capital stock with which
the corporation Will commence business is
Twenty-Five Thousand ($25 600 0O) Dollars, which
amount may be increased TO not exceeding the
termped by the board of directors, which said
board also has power to diminish or decrease
the capital t stock should It be deemed advisable.
incorporators are as follows:
f. H. Hartman, X. I. Scherck. Charles Heuek,
Joseph Heuck, Abrams Brothers "a partnership
Burton, Hyman Zwirn, j. II. Willoughby. Thos
II Perkins, George Bowsky, I. j. Neumann L.C
Harvey, Joseph Cope, ]. 7, Grant. w. NJ. Turn
| GFath, M. ID. McGrath, Louis Cohn and Broth.
ers "a partnership composed of Louis Cohn,
Emil Gohn and David Cohn). an Of the. city OF
| uel Zwlrn, OF Bogue Chitto, In said county and
State: ": o. Poets aud Son Ga partnership com
PSsed # w o. fe saS Of Poets
Springs, Lincoln County, Mississippi,
VI. The period for which this corporation
may exist star and have succession is fifty years
president vice-president, secretary, treasurer
and board of directors consisting Of such num-
6er az .ne SyaWs may me board Of
business of the corporation may require The
term of office, duties and salaries of each officer
shall be fixed by the bylaws. The same per
son may hold two of said offices combined if
deemed necessary.
|. VIII. The first meeting of stockholders for
organization under this charter shall be held at
the office OF Commercial Bank in the city of
Brookhayen, Lincoln county, Mississippi, on
the 3rd day Of February, A. d. 1902. or as soon
thereafter as possible, and further notice of
said meeting is waived. the publication of this
charter being accepted by the stockholders as
notice of said meeting. But if for any reason
said meeting should not be held at the time and
place named, then it may be called in the man
ner provided by Section S36, of the Annotated
Code.
Witness our signatures this the 9th day of
January, A, ID. 1902,