Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1903-04-16
The Charter of incorpOra-
ton of the Oxford Oil
Mill Company.

SECTION /. B. T. Kimbrough, 8. H.
Plant, J. w. T. Falkner, F. NJ. Showers,
T, II. Somerville, j. e. Nelson, and
others now or hereafter associated
with them and their successors and
assigns, are hereby created a corpora
ton, by the name of The UXFORD OIL
MILL COMPANY, for the term of FIFTY
years. with all the powers and privi-
leges given by the laws of this State
to such corporations.
Section 2. This corporation is Great
| ed for the purpose of ginning Cotton,
manufacturing cotton seed into Oil and
other products, storing Cotton; buying
and selling Cotton, Cotton Seed, and
the products thereof. Also for the
purpose of manufacturing, handling
and selling Ice ana Fertilizers when
desired; supply Light and Power by
| Electricity Or steam; make and sell
Brick and Tiles, and other clay pro-
ducts.
Section 8. The principal site of said
corporation shall be at or near the
town of Oxford, in the County of La
| Fayette, and State of Mississippi.
Section 4. The first meeting of per-
sons in interest in said corporation
may be called by the notice, verbal or
| written, of the time and place of the
meeting given to all such persons in
terested, in person Or by mail, suffici-
ent time being given to get to the
| place of meeting; which notice may
be given by the first four persons
named in this Charter, OF some one by
| them authorized to do so.
Section 5. The capital ST = of said
| corporation shall not exceed $50, 000. 90
But the corporation may organize and
| begin business when $40, 900. GO has
been subscribed and $40 ,000.0 90 there
of been paid in; divided into shares of
$4,000 each.
Section 6. The said corporation
shall manage it's business by a Board
of Directors elected by the stock
holders, and such agents, officers and
employees as said b ard shall elect.
And, by said Board exercise all the
powers given by Law to said corpora
| ton, except the power to make by
laws which shall reside in the stock
holders, but may be delegated by them
to the Board of Directors.
Section 7. The stock holders, at the
first meeting, or SO soon thereafter as
convenient, shall fix the number of
Directors and elect them, who shall
continue in office till the next annual
stock holders meeting, and till their
successors ire elected. But no n
shall be a director who does not hold
in his own right $4,000 of the stock.
And sale of his stock by a director till
he does not SO hold said amount shall
thereby vacate his said Office. The
Board of Directors shall fill all vacan-
cies in said Board till the next election
of full Board.
Section s. The first Board of Direc-
tors shall hold it's first meeting the
same day elected, or as oon there
after as convenient, and shall, at said
meeting, or as soon as convenient,
name the officers of said corporation
and fix the pay of each, who shall hold
the same for one year, and until then
successors are elected, unless sooner
dismissed by the action of said Board:
for all oiScers and employees saal
hold subject to the will of said Board
Section 9. There shall be an annua
meeting of the stock holders of sale
corporation for the purpose of elect
ing Directors, and transacting sucf
, other business as they see fit pertain
ing to the corporation, held on thu
first Monday of May, unless some
other time is fixed by the Board o
: Directors; and there may be a cal
meeting of the stock holders. callet
by the Board of Directors, or by stock
holders holding a majoriny of tn
stock, at any time they see fit.