Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1904-02-18
THE CHARTER OF INCORPORATION
OF THE OXFORD BRICK AND
TILE COMPANY.

SECTION 1. @. w. Petrie. J w. T.
Falkner, T. M. Showers, J. e. Nelson
and others now or hereafter ASSOCIATE
ed with them, and their successors or
assigns, are hereby created a corpora
ton, by the name of THE OXFORD
BRICK AND TILE Co., for the term of
fifty years, with all the powers and
privileges given by the laws of this
State to such corporations.
Sec. 2. This corporation is created
for the purpose OF making and selling
brick and tiles and other clay products
Sec. 8 The principal site of said
corporation shall be at or near the
town of Oxfo, d, in the County of La
Favette, State of Mississippi.
Sec 4. The first meeting ofpersous
in interest in said corporation may be
called by notice, verbal or written, of
the time and place of the meeting
given to all such persons interested, II
in Lafayette County, in person or by
mail, sufficient time being given to
pet to the place of Meeting; which
notice may be given by the first three
persons named in this charter, or
some one by them authorized to do so
Sec. s. The capital stock Of said
corporation shall not exceed $4,000;
but the corporation may organize and
begin business when S? 600 has been
subscribed and paid in. divided into
shares of $50 each.
Sec. 6. The said corporation shall
manage it's business by a Board Of
Directors elected by the stock hold
ers, and such agents, officers and EN-
ployees as said Board shall elect; And,
by said Board exercise ali the powers
given by law to said corporation, ex-
cept the power to make by laws which
shall reside in the stock holders, but
may be delegated by them to the
Board of Directors.
Sec. 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, aud till their
successors ara elected. Bat no one
shall be director who does not old
| in his own right, or as a trustee, $3.50
Of the stock. And sale of his stock by
a director till he does not so hold sale
amount shall thereby vacate his saio
office. The Board of Directors shall
| I'LL all VdCuuCleS III Sdlu DOdIU ILL ohs
next election of full Board.
Sec. s. The first Board of Directors
shall hold its first meeting the sam'
day elected, or as soon thereafter a.
convenient, and shall, at said meet
ing, or as soon as convenient, nam
the officers of said corporation an
. fix the pay of each, who shall hold tn
same for one year, and until thei
, successors are elected, unless soone
! dismissed by the action of said Board
for all officers and employees sha!
hold subject to the will of the Board
Sec. 8. There shall be an annus
meeting of the stock holders of sal
+ corporation for the purpose of elect
, ing Directors, and transacting sue
: other business as they see tit pertain
ing to the corporation, held on tn
| first Monday of January, unless som
/ other time is fixed by the Board
Directors And there may be ca
meeting Of the stock holders, calle
by the Board of Directors, or by stock
holders holding a majority of tn
stock at any time they see fit.