The Lexington advertiser., 1904-11-24
CHARTER.

CHARTER OF Incorporation OF the Barbour,
Herbert & Rogers Company"
Sec. l. T, l.. Barbour, W B. Herbert
j. H. Rogers aud their associates, sue
cessors and assigns be, and are hereby
made body corporate with per-
petual succession for a period OF fifty years,
uEder the name and style OF Barbour Herbert
& Rogers Company and by that name may sue
and be sued, plead and be impeaded in all the
courts of law and equity, contract and be con-
tracted with, and to adopt corporate seal aud
the same to alter and break at pleasure
Sec. ,. The purpose of this corporation is
to engage In and carry on general mercan-
tile business in the town of Lexington, county
of Holmes and State OF Mississippi, and said
corporation shall have the right, and is hereby
authorized and made capable to have and to
hold, to purchase, receive, own and enjoy all
kinds of real and personal property necessary
or convenient for its purposes, and to sell all
kinds OF merchandise, goods, Wares and chat
tells, and all kinds of real md personal property
of every kind and description; also, to sell
goods, wares and merchandise OF every kind
and description, and to take therefor notes or
charge same to open accounts, and also to loan
money. And further, to do all acts necessary
or convenient or advisable in the judgment Of
the officers and directors Of said corporation
for the welfare and convenience of said Com
pany, and said corporation shall have, possess
and enjov all the rights, powers. benefits AMI
privileges created or conferred by or enumer-
ated in Chapter 21 OF the Annotated Code OF
Mississippi of 1892, which may be necessary for
the purpose of this Charter.
Sec. o. The capital stock OF this corporation
shall be S. 900 divide into shares of sl00 each,
but this corporation shall have the right TO
organize, begin and continue operations in
business whenever $1,000 is subscribed
Sec. 4. The management OF the business Of
said corporation shall be confded to three d.
reotors, who shall be stockholders OF said COM
pany, and who shall be elected annually by the
stockholders, aud majority OF said directors
shall constitute quorum for the transaction OF
all business. And the said directors shall
elect from their number a president, vice
psesident, secretary and treasurer, and may
| eject or appoint such other agents or en-
ployees as the. may deem proper. And said
directors shall hold their officcs until thelI
successors are duly elected and qualified, and
shall have power to fill vacancies in their num-
Der caused by death, resignation or otherwise
| Sec. 3, The directors shall have power to
make any and all needful rules, by-laws and
regulations for the control and management OF
the business affairs and property OF said com.
pany, and may from time TO time alter, change
or renew such rules as they may see it, and
they shall prescribe and designate the time and
place for the annual meeting Of the stockhol.
ders and for all the meetings deemed necessary
| by them
Sec. 4. AT all stockholders meetings vote
ofthe majority ofthe holders OF the stock tber
| present, ia person or by proxy shall decide ali
questions submitted at sa,d meetings Eacf
stockholder shall be entitled to one vote fol
each share OF stock held by him or her, pro
| vided that In all elections for directors eaci
stcckholder shall have aud enjoy thu right con
ferred By Section Sls Of said Annotated Cod,
| OF 1892.
Sec. Z No stocKbolder in said company
shall ever be liable for the debts OF said com