The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1903-07-11
THE CHARTER OF INCORPoRA.
TON
OF Chlcago-Mississlppi Land and
Lumber Company.

PPl A1uuu dill
Lumber Company.
Article l. Know all,men bv thes,
presents, that Frederic b. McNullen
Herbert Y. McMullen, j. M. Cashir
and H. b. Campbell desire to be incor
porated, and that they, and such othel
persons as may be their associate,
herein, are hereby created and consti
tuted corporation, for the purpose o.
pecuniary profit, under and by virtue
OF Chapter twenty-five of the Code q
Mississippi, Of the year 1892 and laws
amendatory thereof.
Article 2. The name by which said
corporation is to be known is Chicago.
Mississippi Land & Lumber Company.
Article 81 The purposes for which
said corporation is created are to pur-
chase, own, lease, hold and occupy
lands AID the timber standing thereon:
to own and operate saw mills for the
manufacture of logs into lumber: tC
buy and sell lumber, logs, timber,
posts, poles and blocks; to buy and sell
devices and patents useful in the man.
ufacture of lumber; to own, lease and
operate boats, trans and conveyors for
the handling and marketing of lumber:
to own and operate a general store and
to carry on general merchandising
business; to sell and lease or to Guilt
vate lands from which standing timber
has been cut, and to market the pro.
ducts thereof; to buy, own, sell and
lease any real estate or personal prop
erty or interest therein that the cor
poration may deem necessary to use
in its business; to buy, own or sell dny
or all kinds of personal property; to
to issue bonds, debentures, notes, OF
other evidences of Indebtedness and to
secure the same by mortgage or deed
of trust or collateral pledge.
Article 4. The powers to be exer.
cised are the powers necessary,
proper and convenient to the ca rrylng
out of the purposes, objects and bust
ness specified in Article of this char
ter, and such powers as are conferred
by Chapter twenty-five of the Code OF
Mississippi, of the year 1892, and laws
amendatory thereof.
Article 5. The period forwhich said
corporation is to exist shall be fifty
years.
Article 6. The main Office and prin'
cipal place of business Of said corpora.
tion shall be at the City of Greenville,
Washington County, Mississippi, until
the said corporation shall have erected
its mills and thereafter its main office
and principal place of business shall
be at its principal mill in said county;
but said corporation may have branch
offices in any other State or States as
the directors may by resolution deter
mine. Its business affairs and pruden-
tial concerns shall be governed, con-
trOlled and managed by a Board OF
Directors of five persons, who shall
hold their Office for one year each, ana
until their successors are elected and
shall qualify, The Board of Directors
from their own number, shall choose a
president and a vice-president They
shall also choose a secretary and
treasurer but it shall not be necessary
that such person, or persons. chosen
as secretary or treasurer, or both.
shall be stakeholder or director OF
said corporation.
All directors shall be stockholders
of the corporation, and the sale by any
director of his stock therein shall,
without more, operate as his resignd-
tion from the Board of Directors.
The directors may adopt bylaws Tor
the general management Of the corpor'
alton not inconsistent with this char
ter or the general laws of Mississippi;
Article I. The capital'stock OF sa d
shall consist OF four thous..
and shares, OF the face or par value OF
one hundrt d dollars each. making the
aggregate capital stock, the face or
par value of four hundred Thousand
dollars.
Article g, The first meeting OF the
herein named, for the pur-
nose Of organizing said corporation:
Shall be held on the second Monday OF
August. in the year 1908, at II O'Clock
M, at the law offices OF Percy anu
in Greenvllle, MISSISSIPPI
without further notice; and il for an.
cause, said meeting shall tall' tnen
said corporators may meet tllerealse.
for the purpose OF organizing salu COT
at such time and place, II
Washington County, Mississippi, az
NAV he designated by the first nameu
corporator herein, by notice; ~
wiring. to the other corporalors mere
in named five days before SAID meet.
inc: and at said meeting, whenever e.
held, saidsS operators may accept t ms
charter al open books for suoscrlp-
lions to thS capital stock of said cor cor
and after fifty Thousand uol,
|ars of the capital stock shall na.e
been subscribed for, the SUBSIDIES ga "a
said stock can at once procefd 10 a tnn
. stockholders meeting, and 70 lnft 1'.
said corporation by the eleS.
tion Of the directors herein nam na,i
and thereafter, the stockholders s1 i,
meet annually on the second Iues 'n;1
Of September in each year at tlle .i iia,n
Office and principal place Of 9uS,neS1
Of said corporation, in Wasnl9g tpa
County. Mississippi. Meetings Oh , Ind
directors. as well as special or cal. .s,
of stockholders, may De resu
lated in the bylaws.
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