Okolona messenger., 1904-07-06
oHARTER or INCORPORATION
Or TIE
oHIoKAsAW oln COMPANY.

CHiCNAoAW GIN COMPANY.
Sec. 1. Robert L. Flowerree, y. 8
W. Hawkins. e. R. Hodges. r. A.
Crawford, J. A. Eddins, N. L. Powell
aud those who may hereafter become
stockholders. their successors and a.
signs are hereby created body polite
and corporate. under the name and
style Of the CHICKAsAW GIN COD.
PANY, and as such shall have success
sion for ffty (5Ol years. and said cor
poTatiOn is hereby authorized and made
capable TO have and to hold. purchase,
noeive and enjoy real estate and per-
sonal property necessary and proper
for its purposes, and to hold, use and
enjoy such real estate. in fee simple. OF
otherwise. and the same, or any part
thei eOf, or the said personal property,
to sell, rent, lease. convey. mortgags
or otherwise cucumber; to issue notes,
bonds, debentures, or other evidences
Of debt, TO sue and be sued, to contract
and be contracted with, to plead and
be pleaded with, to use a common seal
and the same to bl eak, alter or renew
at pleasure. The domicile Of said COR
poratiOn shall be Okolona, In Chicka-
saw County, Mississippi, bnt may be
changed from time to time, by vote
Of the holders Of a majority Of the
stock of said corporation; but meetings
Of the directors or stockholders may
be held at any place. within OF without
the State Of Mississippi, to be fixed
by a majority Of said directors. or the
holders OF a majority Of the stock. re
spectively, and the meeting or meet
ings, for the purpose Of organizing
hereunder, and the first meeting of
stockholders and directors may be held
in the city Of Meridian, in the State Of
Mississippi. Publication of notice Of
first meeting of persons in interest is
hereby dispensed with.
Sec. 2. The purposes for which said
corporation is created are, and. it is
hereby authorized and empowered to
rent, lease, construct, own, operate
and maintain such mills, plants, factor
les, or establishments as may be nec-
essary, useful, proper and convenient
for the manufacture of. to. engage in
the manufacture Of, and to buy, and
SELL and deal in, for cash or on credit
and to hold and store, cotton seed oil,
cotton seed cake, cotton seed meal, and
any product or article into which
cotton seed or cotton, or the product or
products Of either or both may be
manufactured; to gin and clean cotton
and cotton seed; to compress and bale
lint cotton into bales, or other shapes
by mechanical processes, and for such
purposes to rent, lease. construct, own,
operate and maintain such ginneries,
presses, congresses or other structures
as may be necessary or convenient, and
to buy, sell aud deal in and store cotton
seed hulls, ,andlint cotton (baled and III :
baled) and further to do all acts neces
sary or convenient,in the j Judgment Of
the officers and directors Of said corpo-
ration, for the welfare and business Of
said company; and said corporation
shall have, possess, and enjoy all the
rights, powers and privileges created or
conferred by, or enumerated in, Chapter
25, of the Annotated Code Of 1892.
which are necessary and proper for
carrying out the purposes Of this
charter.
Sec. 8. The Capital Stock Of said
corporation snail be Fifteen Thousand
(i5, ,OOO.OO) Dollars, divided into One
Hundred and Fifty shares Of the par
value Of One Hundred 10000 Dollars,
each.
Sec. A. The management Of said
business shall be conRded to . Board OF
Directors, consisting Of such a number,
not less than three, as may from UlLne
to time, be determined, by vote Of
the holders Of majority Of the capital
stock Of said company. The said
Directors shall be stockholders Of said
corporation, and shall Be elected annu-
ally by the stockholders Of said COM
many. and a majority Of said Directors
shall constitute q quorum for the trans
action Of business. The said Directors
shall elect from their number, 8 Presi-
dent and Vice President, and shall also
elect a Secretary and Treasurer and
may elect or appoint such other officers,
agents or employees as they may deem
proper; and said directors shall hold
their Offices until their successors are