Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1903-12-12
The Charter of Incorporation of THE
Noxubee County Hardware Companv.u

Inc Charter OF Incorporation Of THE
Noxubee County Hardware Company"
Article |. I. j, Evans Thos, Dee G !
| Robertson, l.. Oliver. j. r. Evans. ] G.
| Robert, II, W. Evans, w. II. Ev MS. Tho>,
Mcllenry, e. d. Cavett, A. d. Binion. T, b.
Paulette, j. W. Paulette. r. b. Moore. d,
| q, Dantzler. L. Cole, w. A Taylor +.
| Y. Yates, }. b. Binion. G. c. Clay. Walter
Price. W. e. Stokes, J. G. Horton, NJ. j..
Reinach, X, 7. Mcleod N. D. Triplett and
| such others as may be associated with them
their assigns and successors, are hereby
| created body polite and corporate under.
the corporate name of The Noxubee
County Company" with ALI the rights, now
ers and liabilities incident thereto under
the laws OF the state of Mississippi, with
llght OF succession for a period of fifty
years from the approval of this charter.
Article 2. The purposes for which this
corporation is organized are to engage in
m mage and conduct a general Hardware.
Furniture and Undertaker's business and
any business OF general mercantile kind
IN the city of Macon, Mississippi. as its
domlcile and principal place of business,
with branch houses for conducting the
same lines Of business at Brook syile. SIM.
qualak, Scooba and other points in the
state of Mississippi, as it may desire to
establish, this charter to be recorded in
the Office of the clerk of the cbancery
court of NoXubee County and OF any
county or counties in which said cornOra.
ton may establish a branch house or
houses, and to that end said CORPORATION
may do the business of an undertaken,
deal in hardware, furniture, undertaker's
supplies and in all lawful merchandise buy
and sell the same IN the same manner and
10 the same extent as any merchant, mer-
~ l.
Article 3. The capital stock of SAID cor
poration shall be $4,000 and shall be d. |
vided into shares OF $500 each but sald
corporation may at any time it may deem
desirable increase its capital stock to $25.
0Oo, and 1t may commence business as soon |
as this charter is approved and said Sl5
900 capital shall be subscribed for and paid |
in.
Article Nv. A majority in interest of the
shall constitute quorum at
any meeting that may be called aud n ma
ority in interest of the stockholders NAV.
1t any snch meeting, make all necessary
bylaws not contrary to law, NAV provide |
'or the election of all necessary officers and |
prescribe the duties, salaries and tenure of
'filcers and of employees. SAID corpora.
ION may determine the manner of calling
md conducting meetings. the number OF
mares that shall entitle member to a |
ote and mode OF voting by proxy. NAV
lie and be sued, and prosecute and be pro.
ecuted to judgment and satisfaction before
ny coult, may have a corporate seal; NAV
ontract and be con tracted with within the
mts OF the corporate powers: may hold
sal and personal estate necessary and pro.
er for It purposes not exceeding S2500OO:
ay sell and convey real estate, and may
Al It's personal property or any part there
!: may borrow money and secure the pay.
ent of the same by mortgage or otherwise
1t inconsistent with laws may issue bonds N
ID secure them In the same way. and may
'potheate its franchises.
Article V, The officers of said corpora.
IN shall be President, Vice-presldent,S Sec. >,
taiy Treasurer, Manager and nine direc II
RS.
Article vi. The stock of said corporation <
all be transferable only by the indorse,
mt and delivery Of the stock certificate
d the registry Of such transfer on the I,
oks of the corporation.
Article VII. The individual liability of
Ii OF the stockholders OF said corpora. fo
n shall not exceed the amonnt of the I'M at
d capital stock subscribed for by him In
shall not be greater than the liability sai
v fixed by chapter % of the Annotated ma
lie of Mississippi of 1892, the provisions mic
which shall extend to and apply TO this plg
pora ton, rer