Greene County herald. (Leakesville, Miss.) 1898-current, 1902-02-14
CHARTER OF INCORPORATION
Of the "Merrill and Leakesyille Tel
ephone Company.

W., ""hscs aulkD - as.
n. Turner, and DR., M. l.. Batson BY
virtue of the provisions of Chapte,
twenty-five (25) of the Annotated
Code OF shs State of Mississippi and
'os Acts Amendatory thereof, do here.
by orsanize and found q corporation
Tor the objects and purposes, herein.
ar.er 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-
ssituts 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
Ch@fter Of said Corporation, to wit:
Article 1. Tho name and style Oh
This Corporation shall be the MERRILL
and Lsakesvills Telephone Company
and in that name shall exhist for a
period of fifty t5O) years from the date
OF the approval of this Charter by the
Governor of the State OF Mississippi
unless sooner dissolved By the vote
ana approval OF tbcee-fourths Of its
stockholders, and may purchase or
Otherwise acquire, have, hold and en-
JOY OF connect with other Telephone
AID es or branch lines besides it's own
hnes not exceeding in value or amount
she limit fired by law as may be re-
quired 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
70 possess or exercise.
Actcle 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 tlO00.00) to be divided into share
OF ten dollars $1,000 each. When
three hundred dollars Of said stock
mas been subscribed and paid in and
the balance of the five hundred dollars
duly subscribed, said Corporation
may begin business. The balance Of
saia subscriptions shall be paid in at
tho call OF the directors of said Cor
Poration, the undersigned however
having the privilege of having all the
said capital stock subscribed and fully
paid before business is commenced.
Article ~. The objects aud pur-
poses OF this Corporation are hereby |
declared to be; to own and operate a
Telephone line comm encing at main
Office in Merrill and running along
side Merrill and Leakesville road to
y. Rose store at mouth Big Creek,
from there on along side same road to
". P. Rhinehart's store, and from
there on to Leakesville via residence
OF Jas. Il. Turner; said line terminal.
Ing at Faulk's drug store in Leakes
ville;. also to own and operate branch
aanes emenating from any part of their
said main line as hereinbefore de.
scribed, and TO connect with other
private or other Compapy'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
IL formed.
Article V. The Corporate powers
Of this Corporation shall be vested in
\ board OF not less than TIN ee nor
more than five directors, each OF
whom 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 NEE ing ana annually thereafter
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 filed
by the same person. Vacancies CO.
SURFING on the board of directors may
bs 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
appoint form time to time, also dis
miss at their pleasure such officers,
agents, clerks and other employees as
thew NAV deem necessary for thu mr.