The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1903-08-29
csNxfER OF INCORPORATION Qf
The Black Lands roiipany.

Be it known that AI!rsi Crny. B.'Mc
Gregor, P. 3. HnppeE r. z. Wi1iianrb
and T. ]. Brumn,itt hereby nrsociate
themselves together and that they anil
their Successors ansl assigus are hereby
created body polite and corporate
under the laws Of the Staie.of Misxisxip1
pi by the name Tor the purposes. with
the po owcrs, and subject to the terms and
lconditions following. to-wit:
SECTION l.
The corporate name by whicI, Ibis
company is to be known Il THE
BLACK LANDS COMPANY.
! SECTION III.
! The names Of the persons desiring to
form this corporation are the following
Allen Gray. B: McGregor, P. 3. Happel.
R. R. Williams and +. J. Brummitt.
SECTION i'll.
The purposes for which tlfis corpcrx-
tion are created are to purchase, acquire,
take, hold, own, improve. develop, lease!
possess, and enjoy real estate either III
fee simple or otherwise. either az sole
owner. tenant in commpn, joint tennnt
or coparcerer with another. the whole
not to;excecd in value two hundred and
fifty thousand dollars.
SECTION ",
To carry out said purposes IN addition
to the powers granted in the preceding
section the said corporatlon shall have
the power pnd right to issuc. n,.te~j
bonds. debentures ar other ev;dences II
debt either in its separate name or with
that Of any other person, firm or corpos
ration with whom it may wn or be I'M
tcrested in such real estate or personul
property either az tenant in comnsqu,
joint tenant, coparcener or other wise;
and either in its separate name or with
such other person, firm or corporation
to secure the same BY mortgage or deed
OF trust OH said.propcrty or otherwise
to sue and be sued, to contract and be
contracted with, to plead and to be
pleaded with, and have and use COM
mon seal, aud the same to break, alter
| - - M = s, = ~ 80
al ACTS anu tn'hss necessary ana con-
| sen,eMe IN tne Judgement o. inc omcers
s''u u'' ee'ols - 'i'e cor poIa ton - or0eF
~ early OUT 'ne purposes nereo', ana g
""se' possess ana ENJOY az o tne r'gntss
po"e's Hnd privileges created q con-
'e...u - - e''u.''e'seeu y cnHpteI <0 g
- sne a''"o la.ea cooc = loS1 wn'en are
neeesSa'y "n' proper iof carrying onr
tue purposes oi this charter.
SECTION Y. 8
| The domicile of this corporation shaif
be at Dahomey in the county Of Bolivar
III the State OF Mississippi, but may bef
changed at any time by vote Of the
holders OF a majority Of the stock thereof.
SECTION vi.
The capital stock Of this corpora af;ow
shall be sixty thousand dollars. divided
kinto six Hundred shares OF one hundred
dollars each, but may be increased or
diminished at any time by vote OF the
/ holders of a majority Of the capital
stock thereof.
SECTION VII
The msuag.me,,+ ~ ~. h,,.;r... ~ 49,
tcornorat;on shall i. vsst.,1 Y, I ,,oa~d ~
directors CONSISTING ~ rot i~s. th.r
three nor more tfan.fiye. who shaIl ~
Estockholders Of the comnanv. and Who.
shall be elected annually bv the stock.
holders at such time and Il arch man
as NAV he directed bv the hv.law. x
majority or said directors shall con.t,.
tute a quorum for the transaction n !.
business If the number of directors sl,sIl !
exceed three. but in no event shall =
quorum he less than three Said d;rec.
tors shall hold their Offices until tl,eir
successors are duly elected and qualified.
and shall have power to fill ali vacancies
caused by death, resignation or other.
wise.
SECTION VIII.
The said directors shall elect from their
board a President and a Secretary and
Treasurer and may appoint or elect such
other officers, agents and employees a.
they may deem proper, all OF whom shall
hold their Offices until removed by the
board. ssS