The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1903-08-22

timber standing thereVf; W own . no
optra B saw mills for tlW mlnulnvygut, ~ y
Of logs into lumber Oh very Nlua, w
own and operate factori& t0r inc inanu.
Gacture OF lumber inio ftrnlture y, ".
cry kind: to buy and SCI lumber, w.
timber. ties, shinglesR laths, P9lVa,
blocks and lumber of Eyery kinui W
buy and sell devices atd patents uso,
fnl In the manufacturebot lulllpeI dlo
furniture; to own, lease ana opeI%Vo
trans, vehicles and cohVeyors LOT Wy
handling and marketing OF lumoerahu
! fu niture: TO own ana Operate scne.
al store and to carry on Ia genera 'lleI,
chandse business; TO sell any
lease or TO cultivate Lands from which
standing timber has been cut, and 10
market the products thereof to puy,
own, sell and lease any real estate VI
personal property or interest theleih
That the corporation may deem heces,
sarys TO use in its business; 10 ou own
or sell any and all KINDS OF personal
property; to issue bonds, deoenOures'
notes or other EVIDENCES OF indebted-
ness, and to secure the same by mort,
gage. or deed of t.ust or collateral
pledge.
ARTICLE ".
The powers to be exercised are the
powers necessary, proper and convent
emit to the carrying out OF the purpo-
SEES. objects and business specified In
Article 3 of this Charter and such
powers as are conferred by { HAPPIER 70
of said Code eff Mississippi, and laws
I commendatory thereof
ARTICLE V.
The period for which said corporation
is to exist shall be fifty years.
ART[C LIE VI.
The main office and principal place
of business OF said corporation shall be
at Woodruff on Black Bayou, west oil
Hollandale in Washington county.
Mississippi Its business affairs and
prudential concerns shall be governed
controlled and managed by Board Of
Directors of five persons, who shall
hold their Office for one year each, and
until their successors are elected and |
shall qualify.
The Board of Directors shall choose
from their own number, a president, |
vice-presldent and secretary and
treasurer. The latter two Offices, sec
rotary and treasurer, may be filled by
one person. They shall also choose
general manager, who need 10 be
director. but any one OF the above
named officers may be made genera
manrger, or some one else may be che
sen.
All directors shall be stockholders
of the corporation, and the sale by any
director OF his STOCK therein shall, with
out more, operate as his resignation
from the Board of Directors, and shall
create vacancy of the office, and all
vacancies in the Office of director, or
in any office, shall be filled by the
Board of Directors. The directors
may adopt bylaws for the general
of the corporation not
with this charter or the
general la VS. of Mississippi.
ARTICLE VII.
The capital stock of said corpora
tion shall consist of One Thousand
shares, of the face or par value Of One
Hundred Dollars each, making the ag-
gregate capital stock the face or par
value of One Hundred Thousand Dol
lars.
ARTICLE Will
The first meeting of the corporators
herein named, for tho purpose of Or
ganiZing said corporation, shall be
held on the 4th Monday, the 18th day
If September, 1908. at 12o'clock m. at
the law offices of Percy Il Campbell
in Greenvilie, Mississippi, without fur
Lher notice; and If, for any cause. said
meeting shall fail. then said corp ora
Tors may meet thereafter, for the pur-
pose of organizing said corporation, at
such time and place, in Washington
county. Mississippi, as may be desig-
lated by the first named corporator
1erin. by notice In writing, to the
other corporators herein named, five
lays before said meeting, and at said
Meeting, whenever held, said corpora
,ors may accept this charter and open
books for subscription 10 the capital
tOck of said corporation, and after
he capital stock shall have been sub
cribed for, the Subscribers to said
took can at once proceed to hold
meeting, and to further ]
rganiZe said corporation by the cleo
ion of the directors herein named;
nd, thereafter, the stockholders shall
meet annually on the first Monday of /
october. at its main office in Washing
on county, Mississippi. Meetings Of !
he directors may be held at any place I
within or without the state of Missis-
ippi; and meetings of the directors,
8 we'll as special or called meetings of
he stockholders may be regulated in