The leader. [volume] (Brookhaven, Miss.) 1895-1905, 1902-03-05

The Charter of Incorporation
OF THE
Progressive Oil Mill &FertiliZer Co

The purposes for which this corporation is
created are as follows, viz:
l.. The manufacture of and dealing in cotton
seed oil and commercial fertilizers.
IL. The manufacture of and dealing In cotton
seed meal cotton seed hulls and cotton seed
bran.
Ill. The owning and operating a cotton seed
OIL mill, or mills, and fertilizer factory or fac
tories.
". The owning and operating cotton gin or
gins.
'. The buying selling and trading in seed cot.
ton and cotton seed, when deemed necessary to
the manufacturing interests of this corporation.
l.. Inc building ana operating wholesale and
retail cotton depotS and cotton seed yards. and
such tramways as may be deemed necessary TO
meet the needs of this corporation.
VII. such real estate dealing, live stock rails
ing, and planting as may be deemed necessary
10 the manufacturing interests of this corpora
ton.
camille business sufficient to meet the needs of
the manufacturing interests of this corporation
me persons Interested in this corporation, and
T me- are lnStrunehlal In its foundation are:
SCHERCk, DAVID COIN, f. H. HARTMAN,
II. ZWIkN, EMIL COIN. GEO. BowsKY, l.
A ttd IN ana such other persons as may here
after be associated with them. The name of the
corporation shall be PROGRESSIVE OIL MILL
AND FERTILIZER COMPANY.
:, Inc powers TO be exercised by this corpora
tlon are those defined and specified in Chapter
% OF the Annotated Code of the State of Misss-
lppi, a. ID. 1892, with the amendments thereto
III tue laws Oh the state OF Mississippi since
enacted ana especially has it those bowers set
out III section 81, S43 and S4i of said chapter of
sald code, which are necessary and proper for
carrying out the purposes of this CORPORATION.
III duditioh 10 These powers and privileges, thsl
corporation Shall have those powers and priyi-
reyes extended TO such corporations by virtue
OF Article III of the Constitution of the State of
Mississippi, adopted A. ID. 1890
ms corporation shall have power TO issue any
part OF us capital stock as preferred stock and
TX the felatlHe rights of common and preferred
STOCK ). ana TO issue such bonds and obligations as
IL may from time to time determine
The period for which this corporationis is tO
exist IS tolty-nine years from and after its an
pfoval. The capital stock of this CORPORATION
shall be not less than $50 900. co. nor more than
| SjO,OOO.O. with power to increase or Diminish
| the same within said sums and Subscription
| LOT SAID stock shall be paid for in money or la
Dor DONE cor IN good faith agreed to be done
| or money or property actually received
| Inc donlclle OF this corporation shall be in
| the city of BrOokhaven, County of Lincoln
State of Mississippi.
| The officers of this corporation shall be a
president, vice president. and a secretary and
| treasurer.
! The first meeting of the stockholders for orga
| nIatlon under this charter shall be held in the
| office OF l.. Conn 4 Bros store In the CITY o.
| BrookhaNen, Lincoln County, Mississippi, upol
| the 11th day OF March. A. ID. 1902, or as SOoI
| thereafter as possible and further notice of sac
! meeting is waived. the publication of this char
tlce Of said meeting. But if for any reason sait
meeting should not be held at the time ant
| place named, then it may be called in the man
| ner provided by Section S36 of the Annotated
Code of the said state of Mississippi.
Done this February 18th, A. ID. 1902.