Okolona messenger. (Okolona, Miss.) 1900-current, 1902-08-13
First published Ia Messenger July Is, 1902
THE CHARTER
Of Incorporation of f. q. Hall 1edi-
cine Company.

ARTICLE l. That r. b. Hall, Addison
Hail. Corinne Hail and W A, Houston, and
other associates who may become stOckhold-
ers. be. and are hereby created a body cOrpO-
rate and polite by the name and style of The
e. 3. Hall Medicine Company, for the pur-
pose OF manufacturing and vending drugs,
proprietary and patent medicines.
ARTICLE 2. The capital stock OF said
corporation shall not be less than Five Thous-
and Q5,0OOl Dollars. and shall not exceed the
sum of Ten Thousand NlO,OO0) Dollars, the
same to be divided into shares ofOne Hundred
@1OO,00) each. and said shares shall be non
assessible. and when the sum Of 1.-TWO Hundred
Fifty 0250.O0) Dollars shall have been paid In,
the said stockholders may meet and elect
their board OF directors.
ARTICLE 8. The once OF said corpora
ton shall be managed by q board OF directors,
q majority OF whom shall constitute a quorum
and they shall elect o president, secretary
ARTICLE. The said Board Of Directors
shall have full and ample power TO make all
bylaws regulating the time, place and manner
OF. the meeting Of the stockholders, the election
OF the Board OF Directors, the president, sec
rotary and treasurer, their tenure OF once, to
divide and declare dividends out of the profits,
TO establish and fix salaries etc. In fact, they
shall have full and ample power to establish
all bylaws, rules aud regulations, not contrary
to the law, necessary to carry out the bust
ness of said corporation, and carry out its
purpose and objects as set forth in Article 1
herein.
ARTICLE s. The secretary and treasurer
shall have the care and custody OF all money
OF the corporation, and shall give bond with
good security to faithfully account for the
same, the amount OF said bond, and the secu-
rity to be approved by the said Board of
Directors.
ARTICLE 6. That in the election of the
said Board OF Directors, and in all the business
OF the said corporation, each stakeholder
shall be entitled to one vote for each share
that he holds. The majority OF the votes TO
control. Absent stockholders or directors
may be represented by proxy In writing, and
no transfer OF stock to be considered final,
until regularly entered on the books OF the
corporation, when the original shall be surren-
dered or cancelled as the case may be.
ARTICLE 7. That should any ~stockhOlder
desire to sell his or her stock or any part
thereof, he or she, shall give reasonable no
who, all things being equal, shall have the
preference in the purchase OF the same, and
pay for the same out of the profits of the
corporation Said stock so purchased shah be
ARTICLE 8. No stockholder of said cor
p~Oratlon shall be individually liable for the
debts of the same, except to the amount OF
the balance thatmay remain due or unpaid for
the stock subscribed BY him or her, and no
further.
ARTICLE g. That said corporation shall
hold all real estate necessary for the purpose
OF carrying on its business, and for this purpose
| shall have the power TO establish agencies in
this, or adjoining states.
ARTICLE 10. That the said E. B. Hall
Medicine Company h have its d0micile at
the oWn of Ok0lona, county Of Chickasaw
state of Mississippi, and its charter may con
tinue for so years.
ARTICLE II. This charter Of i~ncorpora.
| tlOn shall be In full force and effect from and
after the approval Of the same by the Govern
or as contemplated by Chapter 25 Of the
Annotated Code Of 1892 under the provisions
of which chapter this corporation Is organized
and all the provisions OF such chapter so far as
the same are applicable shall be q part OF this
charter OF Incorporation. All Indebtedness
due by or to the incorporation shall be 50 made
that ft shall be payable In any kind OF lega
tender money of the United States.