Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-06-21
CHARTER OF INCORPORATE
OF the Hattissburg Cotton Oil Company.

Sec. TIE following named pc sons,
VIZ: D. c. McKaney, w. NJ Conner
} $. Turner. j. G. Carley, H. l., Foote,
y. Il. Montgomery, s. l.. heidelberg.
! Il. n Collins. S. c. Eaton, T. L. Ross,
+. w. Footp, S &. Tucker, P. A. Car
Ter, G. Il. Stevens, V. L. Deese, J. T.
Mathison, z. J Hubbard, B. D. Moore,
q {. Robertson aud their associates
and successors, are hereby created a
body corporate under the corporate
name Of the 'uattiesturg Cotton Oil
Company. domiciled at the City Of
Hattiesbnrg in Perry County, Mississ-
ippi, and may continue as such for Il
period of fifty 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
i the corporate seal of the Company to
subscribers and pure hasers who may
be entitled to the same, but the comp4
ny may organize and begin business
when five thousand dollars have been
paid in,
Section 2. The objects and purposes
for which this corporations formed are
to manufacture and sell all useful prod
ucts that may be made from cotton seed
such as oil, meal oil cake, bulls, lint
ers, and whatever else may be made
from cotton seed or any product OF cot
ton seed, sucn 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
carry Oh the business probably and sue
cessfully. It may buy, bald or lease
tenement houses for the use of its op-
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
tnent of its business, not in conflict
witt, law
Section g. It's affairs shall be man
aged by board of not less than five
aud M re than hire directors, and the
first board hall be chosen from among
the incorporators. who shall serve for
one year and until their successors are
elected and qualified. All subsequent
directors shall be chosen from among
the stockholders and shall serve for IA
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 in
competency or other sufficient cause.
The officers shall be President, Vice
President, Secretary and Treasurer,
and their duties shall be defined in the
by laws
Section J. This corporation shall
have all the rights, powers and priv
ileges conferred by chapter twenty five
of the Annotated Code of 1892, and any
amendments made thereto.
AS soon as this charter has been APP
proved by the Governor and recorded
by the Secretary of State, the incorpo
ratJrs may meet at time and place in
the city Of Hatliesburg, to be previously
named IN q notice for that purpose which
notice may be sent to each incorporation
through the mails, and organize the
company by fixing the number of direc-
tors and electlng the same from among
the incorporators, who shall immediate
ly elect the officers named in the pre-
ceeding section.
Section 5. When thus organized the
board of directors may proceed at once
to do such acts as may be necessary TO
carry out the objects and purposes of
this corporation, not in conflict with
the constitution and laws Of the State or
of the United States.