The Tupelo journal., 1904-06-03
The Charter of lnct rpOration Q
The TupelO Fertilizer Factory.

The Tupelo FERTILIZER Factory, at the
Town of Tupelo, Lee County, Missis-
sippi, is hereby incorporated with the
following rights, powers and prvi-
leges, viz:
c.. Kinds & Son, G 2. Long. c. W.
Troy, d. W. Robins, 7. T. Bonner, ].
r. Dabbs, s. j. High. B. NJ. billiard, p.
S. & E. Weaver, W. d. Anderson, j. q.
Robius, W. w. Trice, A. H. Hutcbison.
II. F. Elkin, w. p. Long, Jno. M. Allen,
J. NJ. CLARK, j. M. Clark, J. Fl. &C. r.
Strain. F. C. McGaughy, Mrs. NJ. e.
Read, G. w. Long, II. NJ. Clark, V. C..
Kincannon, Written Duncan, Z. d. Shef-
field, S. S. Harris. J. f. Giyhan, Robt.
Brown. Kalford Kreth. S. NJ. Barnett.
j. MendeI, &. V. Houston, r. B. Nc
Neil. C. Kirkpatrick, w. T. Reeves, q.
NJ. Stephens, Il. L. Grace. d. H. Hall,
A. A. Graham, g. W. Young, j. P.
Sisk, A. A. Adams, L. G. Feemster, id.
Bryan. w. G. Francis. F. Ogden & Son,
q. W. Boyett. q. r. Heard. j. T. Swain
N. Fitzpatrick, Ii. C. McNutt, Wiygul
Bros. and all such others as may be
hereafter legally associated with them
by the consent OF the proper authorities
of said Corporation are hereby created
a body corporate and polite under the
name and style of the "TCPELO
FERTILIZER FACTORY" to be locat-
ed zeal the City of Tupelo, Lee Coun-
ty, Mississippi, at such place as the
stockholders may elect. and by that
name shall have succession for a period
of fifty years, may sue and he sued.
plead and be implicated in any court,
may have a common seal, and use or
alter the same at pleasure, and may
make, alter, or repeal all bylaws neces-
sary or proper for the efficient manage
ment and control of said Company,
not contrary to the provisions of this
Charter, or the laws of the land; may
contract and be contracted with with
in the limits of it's corporate powers
hereinafter conferred. and may borrow
money for corporate purposes, and Sc
cure the payment OF same by mortgage
on it's property, or otherwise; and may
issue bonds, if at any time proper to do
so.
See. 2. The Capital stock of said
Company shall be $3.50, 900 90, divided
into shares of $500 90 each, and az
soon as the sum of $lOC 100000 is sub
scribed the said Company may COM
commence business and may assess the
subscribers to it's capital stock from
time to time as it's capital ia needed,
until the whole amount subscribed shall
be collected; the time, manner and
amount of such assessments to be fixed
by the Board of Directors.
Sec. 3. The said Company is hereby
authorized and empowered to carry on
the business of manufacturing COM
mercial fertilizers of all kinds and
grades, and selling the same, and to
that end shall have the right to purchase
all real estate and machinery of every
kind, which may be necessary to carry
on it's business; shall also have the
right to purchase all buildings, tene-
ment houses for its employees, and
other articles and things as shall he
necessary for, the carrying on of said
manufacturing business; and shall have
the right to buy or lease land in other
states which may be necessary for it to
buy or lease in order to obtain material
for manufacture OF fertilizers; and shall
also have the right, at any time, to
sell or exchange in any way it may see
fit, and make title thereto to any of
it's property, for other property; and
shall have the right to own or lease
and operate cotton seed oil mills any,
where within the State of Miss either
by purchase thereof, or erecting the
same, for the purpose OF furnishing sup
plies to said Fertilizer Factory for the
manufacture OF fertilizers, as above set
forth. And shall have and exercise all
such other powers as are given such a
corporation under the Code OF 1892 OF
Mississippi, and the amendments there
to.
Sec. +. The Government OF said
Company shall be confided to and ad-
ministered ny a Board OF Directors. con-
of eleven members, until altered
by the bylaws, who shall be stockhold-
ers in said Company. which said Board
of Directors shall be annually elected by
the stockholders in said Company.
said Board of Directors shall be
annually elected by the stockholders in
said Company, at it's Office in the Town
Of TupeIo, on the first Monday in July
Of each year, notice OF which election
shall be given in writing by the Secre-
to each stakeholder at least ten
lays before said election.
The first meeting Of stockholders for
organization and election of Directors
shall be at such time and place in said
Jity as the stockholders may desire, ON
i've days written notice to II the stock
from John Clark and G.. P.
Long.
The officers OF said COMPANY shall be
i President. Vice President, Hecretary-
Who shall be the Treasurer-and such
,thers as the Board of Directors shall
zee fit to provide for. All OF the. aboye
officers shah be members OF the Board
if Directors,a and said officers shall pos
Iess and exercise the powers and duties
Usually exercised by such officers OF pri-
ate corporations, and which may be
necessary and proper for them to exer-
Use. and the Board Of Directors, who