Greene County herald. (Leakesville, Miss.) 1898-current, 1902-01-24
CHARTER OF INCORPORATION
OF the merrill and Leakesyille Tel.
ephone Company.n

Lord, Nineteen hundred and one
Q90D, Elijah Rose, W. P. Rhinehart,
Or. Samuel Pool, James Faux, Jas.
ID. Turner, and DR.. NJ. l.. Batson by
virtue of the provisions OF Chapter
Twenty-Five (25) of the Annotated
Code OF the State of Mississippi and
the Acts Amendatory thereof, do here.
by organize and fouod a corporation
Tor the objects and purposes, herein.
after enumerated; and to that end and
purpose, they do by these prerents
with the approval of the Governor of
the State of Mississippi. form and con.
sfituts themselves and all other such
persons as may hereafter become as
sociated with them by purchase, de-
scent, subscription or otherwise, into
. body polite and corporate in law
under the following articles of the
Charter Of said Corporation, to wit:
Article l. Tho name and style OF
this Corporation shall be the "Merrill
and Leakesville Telephone Company
and In that name shall exhist for @
period Of fifty (5O) years from the date
OF the approval of this Charter by the
Governor of the State OF Mississippi
unless sooner dissolved BIZ the vote
and approval of tb.1ee-fourths of its
stockholders, and may purchase or
otherwise acquire, have, bold and en-
JOY or connect with other Telephone
lines or branch lines besides its own
lines not exceeding in value or amount
Che limit fixed by law as may be re-
CURED for the purpose for which this
organization is formed; and shall
possess all the rights, powers, and
privileges which Corporations Of this
character under the general laws of
the State Of Mississippi are authorized
to possess or exercise.
Aeticle II. The domicile of this
Corporation shall be at Merrill Greene
County, Mississippi.
Article III. The capital stock OF
this Corporation shall be five hundred
dollars ($50O.O0) with the privilege of
increasing same to one thousand jol
lars 0.00) to be divided into share
Of ten dollars $1,000 each. When
three hundred dollars of said stock
has been subscribed and paid in and
the balance Of the five hundred dollars
duly subscribed, said Corporation
may begin business. The balance of
said subscriptions shall be paid in at
the call Of the directors of said Cor
pora'ion. the undersigned however
having the privilege OF having all the |
said capital stock subscribed and fully |
paid before business is commenced.
Article Nv. The objects and pur-
poses OF this Corporation are hereby
declared to be; to own and operate a |
Telephone line commencing at main |
Office in Merrill and running along |
side Merrill and Lenkesville road to |
+. Rose store at mouth Big Creek, |
II ON there on along sido same roai to |
w. F. Rhineha,t's store, and f.om !
there on to Leakosvile via residence |
Of Jas. II. Turner; said line terminal
Ing at Faulk's drug store in Leakes
vile; also to own and operate branch |
lines emenating from any part OF their |
said main line as hereinbefore de- !
scribed, and to connect with other
private or other Company's lines with |
in Greene County, Mississippi, and to
maintain Telephone exchange in both |
Towns Of Merrill and Leakdsville,
said building, acquisition and connect
ion with branch, private or other
Company's lines, only to be done
where it's neemed necessary and expe
dent for the successful execution OF
the business for which this Company
is formed.
Article v. The Corporate powers
of this Corporation shall be vested in
. board OF not less than thu ee nor
more than five directors, each OF
wAom shall be stockholders in said
Company who shall be elected by the
stockholders as soon after the approval
Of this Charter by the Governor as
they may see fit, ten days notice first
being given to each stockhlder of
said meeting; and annually thereafter
on the first Monday of February each
nrst meeting ana annually thereafter
following each election of stockhold-
ers, shall organize by electing Pres
ident, Vice President, Secretary and |
treasurer. provided that the offices of
Secretary and Treasurer may be filled |
by the same person. Vacancies CO.
curing on the board of directors may
be filed by the stockholders at an
election for that purpose on ten days
notice first being given each person
then holding stock as shown by the
books Of the said Company. A ma
ority Of said board shall constitute
quorum; said board Of directors may