Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1903-04-23
The Charter OF lncorpora-
ton of the Oxford Oil
Mill Company.

SECTION /. B. T. Kimbrough, s. FL.
Plant, J. w. 7. Falkner, T. NJ. Showers,
7, H. Somerville, j. e. Nelson, ana
others now or hereafter associated
with them and their successors and
assigns, are hereby created a corpora
ton. by the name of THE OXFORD on
MILL COMPANY, for the term of FIFTY
years. with all the powers and privi-
to such corporations.
Section 2. This corporation is Great
ed for the purpose of ginning Cotton,
manufacturing cotton seed into Oil
other products, storing Cotton; buying
and selling Cotton, Cotton Seed, and
the products thereof. Also for the
purpose of manufacturing, handling
and selling Ice III 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 ear the
town of oxford, il 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, sufiicl-
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, or some one by
them authorized TO do SO.
Section s.. The capital stock of said
corporation shall not exceed $50, 900 GO
But the corporation may organize and
begin business when $40, GOO. 0G has
been subscribed and $40, 900. 90 there
| of been paid in; divided into shares OF
| 5000 each.
Section 6. The said corporation
shall manage its 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 z. The stock holders, at the
! first meeting, or so soon thereafter as
I COlN ClilC1lts 5loh LA III vi
| Directors and elect them, who shall
continue in Office till the next annual
stock holders meeting, and Till their
successors are elected, But no one
shall be a director who does not hold
in his own right $500. 90 of the stock.
And sale of his stock by a director til
he does not SO hold said amount shall
thereby yacate his said office. The
Board of Directors shall fill all vacan-
cies in said Boardti ii 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 soon tn re,
after as convenient, and shall, at sale
meeting, or as soon as convenient
name the officers of said corporation
and fix the pay of each, who shall hoit
the same for one year, and until theil
successors reelected, unless soone
dismissed by the action of said Board
for all officers and employees shall
hold subject to the will of said Board
Section 9. There shall be an annaa
meeting of the stock holders of sal'
corporation for the purpose of elect
ing Directors, and ~transaeting sucl
other business as they see fit pertain
ing to the corporation, held on tn
first Monday of May, unless som
other time is fixed by the Board Q
Directors; and there may be a ca
meeting of the stock holders. Gale
by the Board of Directors, or by stock
holders holding a majoriny of tn
stock, at any time they see fit.