Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1904-10-29
THE CHARTER OF INCORPORATION OF
THE DOTHEROW DRY GOODS Co.

Article I. BE It known that !. ]. DOthe-
row W. A, Dotherow. u. VI. Love aud their
associates. are hereby created n hodv eOr-
porate under the corporation name Of The
nothernw-Drv Goods 90. and bv that name
NAV sue and he sued. plead and he imnlrad-
cd in all courts Of law snd equity. contract
and he contracted with. nv said corporate
name. and NAV attest Its contracts nv cor
porate seal to he adopted Nv said corpora
tior. an altered or changed at will.
Article The purposes of said corpora
ton are. and It is hereby empowered. to
conduct at the place Of it, domicilc. n gen.
eral mercantile business. owning. huving
and selling. at wholesale or retail. goods.
wares and merchandise Of evprv descrlp-
ton and kind of merchantahlc wares. also
cotton. cotton seed and all kinds of coun-
try produce; may purchase and hold such
real estate ne NAV be needed for The loca-
tion OF store and warehouse. and such real
estate rs may he acquired In the collection
Of debts; may take and hold nv deeds Of
trust. mortgages or other Instruments Of
conveyance. snch securities as NAV he
deemed advisable TO secnrp debts contracts
ed or IN he contracted. for goods. supplies
and moneys advanced 10 customers on Ell
Their real or personal property. or both, ana
generally 10 make such contracts and take
and hulh such securities therefore rs are
usual anil incident TO It's said business.
Article 2. The domiciln OF said corpora
ton shall he ~ ~Rronksvillc. Noyuhec conn
ty. st IL Of Mississippi. and said corrnrn.
ton shall have succession for the term nj
TWENTY-FIVE t25l years. The CORPORATION
shall have capita, stock Of ten thousand
no .00O) dollars. to he divided into one hun
dred shares Of one hundied $500, dollars
each. or such fractional part thereof rs may
be designated by its by-laws. but the same
may he increased ut tha discretion of the
bsna lde stockholders nv a majority vote Of
the entire paid up capital stock. which shall
not exceed ten thousand ft1O.000) dollars.
Article 4. When seven thousand five hun
dred (S7,b00) dollars Of said capita! stock
| shall have been paid In. said corporation
shall be authorized to commence business.
Article 4. All stock issued shall he signed
by the Secretary and cOuntnrsigned bv the
President or Vice President, and authenti-
Gated bv the seal of said corporation. and
shall he entered on the stoct hooks 10 he
kept for such purpose. and he transfer able
thereon In the manner prescribed by the
statutes In such cases.
Article 0. The business NJ said corpora
ton shall ba conducted and manovrd bv
and dnder the directions Of Board ofthree
Directors. who shall be elected annually hy
the stockholders at such time and plsce as
shall bs prescribed and fixed nv the by.
laws, who shall. from their number elect q
President, Vice-President. Secretary and
Treasurer, which two last-named officers
may. u 40 directed by the bylaws. he held
by the came person. The duties and sala'
ries OF all officers to he prescribed by the
bylaws. and by its bylaws said corpora
, ton may determine the time. manner and
place Of calling and conducting meetingi
Of said directors and of its stockholders
aud the mode Of voting by proxy ct cetera
Article I. And said corporation shall bs
empowered generally tn exercise powers
incident tn such corporations as provided
by chapter q of the Annotated Code OF 1870:
OF the state Of Mississippi. All indebted
ness Of said corporation shall he 40 made Al
to be PAYABLE in any kind of legal tendel
money Of the URited States.