The Columbus weekly dispatch. (Columbus, Miss.) 1902-1905, 1904-06-16
The Charter Of Incorporation Of The Columbus
Underwear Company

Sec. /. BE it known that George w. Kava-
naugh. Frederick w. kavaHaugh, Juha r.
Kavanaugh, Lillian b. kavanauEh. Walter
Weaver. +. c. Chapman and B. a. Weaver.
and such other persons as may hereafter be
come associated with them, are hereby ere
ated q body corporate under the name and
style OF The Columbus Underwear Company
Sec. ? The purpose for which said cOrpo-
ration IS created. Is the manufacture and sale
of all textile fabrics of cotton. wool and silk ina
Columbus Mississippi and such other places
as it may hereafter determine
Sec. 3 The CORPORATION shall have success
sion TO- period of nifty years, and may sue
final judgment and satisfaction, in all the
courts Of law ana equity.
May have corporate seal and alter the
same at pleasure.
Nav contract and be contracted with. with
in the limits of lbs corporate powers.
May acquire and hold real and personal
property necessary and convenient for it's
purposes. not exceedfng I'M value the statuto-
ry limit and may sell lease or otherwise dis
pose Of the same
May borrow money and secure the payment
of the same. 10y mortgage deed of trust OF
otherwise.
May issue bonds ana secure the payment
thereon IN the same way.
And shall have and exercise all the powers
privileges and immuuitie~ consistent with it's
granted 10 corporations 10y the general laws of
the State of Mississippi and may operate and
conduct factory or factories for the manu-
tacture or packlng boxes M the city OF Co
lumbuS. Mississippi and such other points as il
may elect. ana may have and exercise all
other powers incidental or enleut for the
carrying out the purposes for which IL is or
gained.
Sec. a. The domici of said corporation
shall be at Columbus. Mississippi but it may
have officers ana agents 81 any other place
or places, that it may desire. and may own
operate and lease factories and conduct it's
business or any branch thereof at any other
place il may desire
sec. s. The capital stock of said corpora
ton shall be one hundred thousand dollars
divided into shares OF one hundred dollars
each but said corporation may orgauize and
commence business when ever. one hundred
thousand shall have been subscribed.
Sec. Is. The management and control OF the
affairs of said corporation shall be vested n "a
board of not more than seven nor less than
five directors TO be elected by the stOckhOd-
erS, who shall hold their offices for "a term of
twelve months and until their successors are
elected and qualified,
A majority OF said board of directors shah
constitute "a quorum for the transaction OF all
business. and they shall elect one OF their
secretary or secretary and treasurer. or they
may elect one of their member, or one of the
stockholders secretary and another one OF
them treasurer.
Said Board of Directors may appoint or en-
plOy such other OficerS. agents and employees
as Lhe4 may oeetH exponent ana proper may
fix their compensation. powers and duties. and
term Of Office and remove them at their
pleasure,
Said Board of Directors may hold theirmeet-
ings at any place agreed upon by said Board.
and shall have power TO make ans rules. regu-
latiOns ana by laws by them deemed necessary
or useful provided the same are not I'm con
htct with the laws OF the land, aud change or
amend the same an their pleasure.
sec. Z. This charter shan bee ln fun force
from and after it's approval and the first meet
ing of stockholders for the organization of the
corporation may be held at any time ana place
by the mutual consent OF all OF the stock
holders. or III may be called by two days mo-
tice in writing TO all stock subscribers uy any
ratOrs herein before named which notice may
be served by any one of the iucorpOratOrs or
by being placed i'm the post-Ofice with the
postage paid and addressed to The last known
post ONCE address of the subscriber.