The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1903-07-18
THE CHARTER OF INCORPORA-
TlON
OF Chcago-Mississlp Land and
Lumber Company.

vi Cllcago-MlSSlsSlp Land and
Lumber Company.
Article l. Know all,men by these
presents, that Frederic b. McMullen.
Herbert Y. McMullen, j. M. Cashin
and R. b. Campbell desire to be incor-
porated, and that they,a such other
persons as may be their associates
herein, are hereby created and consti-
tuted corporation, for the purpose of
pecuniary profit, under and by virtue
of Chapter twenty-five of the Code of
Mississippi, Of the year 1892, and laws
amendatory thereof.
Article .. The name by which said
corporation is to be known is Chicago
Mississippi Land & Lumber Company.
Article 3 The purposes for which
said corporation is created are to pur-
chase, own, lease, hold and occupy
lands al d the timber standing thereon:
to own and operate saw mills for the
manufacture of logs into lumber: to
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 general store and
to carry on a 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 va,ay 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, or
other evidences of Indebtedness and to
secure the same by mortgage or deed
of trust or collateral pledge.
Article 4. The powers to be erer-
cised are the powers necessary,
proper and convenient to the rrying
out of the purposes, objects and bust
ness specified in Article 3 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 forwhlch 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 Greenviale,
Washington County, Mississippi, until
the said corporation shall have erected
its mills and thereafter its main oface
and principal place of business shall
be at it's 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 Board OF
| Directors of five persons, who snail
hold their office for one year each. ana
until their SUCCESSORS are elected ana
shall qualify. The Board of Directors
from their own number, shall choose
president and a vice-president. Ihey
shall also choose a secretary and a
treasurer, but it shall not be necessary
that such person, or persons CHOSEN
as secretary or treasurer, or ooth.
| shall be a 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 reslgna-
lion from the Board of Directors.
The directors may adopt bylaws FOR
the general management OF the corpor-
alton NOT inconsistent with this char
ter or the general laws OF Mississippi;
Article Z. The capital'stock OF salu
cornoratlon shall consist OF four thous..
and shares, of the face or par vaiue VI
one hundred dollars each. making Cne
aggregate capital stock, the lace or
mar value of four hundred tnouSanu
Article 6; The first meeting, OF the
cornorators herein named, for the pur-
nose of organizing said corporation;
shall he held on the second Monday Oh
August in the year 1903, at II O'CLOCK
M at the law offices OF Percy anu
Campbell, in Greenvllle, Miss .s pu,,
without further notice; and II ior any
cause, said meeting shall ialI, g s1er
said corporators may meet therealU or
for tbe purpose Of organizing SAID COT
n r at such time and place, IN
Washington County, Mississippi, an
NAV be designated by the first name ~
cornorator herein, by notlce; avn ~
writing, to the other corporaIoIs neee
in named five days before sala meet a,toy.
mo: and at said meeting, wnene ,h;s
l said corporators may accept ta y IS
charter and open books for su9sc aop
lions to the capital stock OF sald COT Sol
noration, and after fifty Thousand h aUl
lars of the capital stock shall nav te
been subscribed for, the subs;rloeI ho "a
said stock can at once procesu ~ uthar
2 sI stockholders meeting, and 70 lur ainc
organize said corporation by tne , ED !.
til ton Of the directors herein nam Ell |
and thereafter, the stockholders . sds, "
meet % annually on the second !. Lue n'oin
Of Sentember in each year at Tue si mass
mice and principal place OF G hin%t1n
oi's said corporation, in Wasn ia the
County. Mississippi. Meetings % n.lIed
directors, as well as special or c ain.
n,eetinrs of stockholders, may DC iesu
lated in the bylaws