Okolona messenger. (Okolona, Miss.) 1900-current, 1905-12-20
And save your he alth.
Charter of Incorporation of the
Egypt Gin Company.

ERypI Oln NOH1paHys
Section l. G. R. Houston, P. RAND
M. D. LANDAU, and those who may here
after become stockholders. their SUCCESSOR
and assigns are hereby created body po'
little and corporate, under the name and
style O. EGYPT GIN COMPANY, and as such
shall have succes sion for fifty (60) years;
and said corporation is hereby authorized
and made capable to have and to hold
purchase, receive and enjoy real estate and
personal property necessary and proper fol
It's purposes, and to hold use, and enjoy sucE
real estate in fee simple or otherwise, anC
the same, or any part thereof or the said
personal property to sell, rent. lease, convey
mortage or otherwise cucumber; to issue
notes, bonds debendtures, or other evi.
dences of debt, to sue and be sued, to con-
tract and be contracted with; to plead and
bepleaded with; to use common sealj and
the same to break alter or renew at pleas
ure. The domicile of said corporation
shall be Egypt, in ChiCkAaw county, Miss
issippi but may be changed from time to
time, by vote of the holders of q majority
of the stock of said corporation; but meet
ines of the directors or stockholders may
be held at any place within or without the
state of Mississippi, to be fixed by a major
ity of said directors, or the holders Of a
majority Of the stock respectively, and the
meeting or meetings for the purpose of Or
ganizing hereunder and the first meeting Of
the stockholders and directors may be held
at the domicile of said corporation, or at
any other place in or outside of the State OF
Mississippi to be fixed by majority, in
number, of the stockholders, or directors
respectively. Publication of notice Of first
meeting of persons in interest is hereby
dispensed with.
Section II 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, factories, or establishments, as
may be necessary, useful, proper or CONVEX
lent 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 proouct or arti-
Gle into which cotton seed or cotton, or the
product or products of either or both may
be manufactured, to buy, sell snd deal in
for cash or on err dit, and to hold, and store
cotton seed; to gin and clean cotton and
cotton seed to compress and bale lint cotton
into bales and 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 conven-
lent and to buy, sell and deal in and store
cotton-seed. hnlls, and lint cotton (baled
and unbaled,) and further to do all acts
necessary or convenient in the judgment of
the officers and directors of said corpora
ton, for the welfare and business Of said
company; the said corporation shall have,
possess and enjoy all the rights, powers and
privileges, created or conferred by or enum-
erased, in Chapter % Of the AM otated Code
of 1892, which are necessary and proper
for the carrying out the purposes of this
charter.
Section III The capital stock of said
corporation shall be FIVE THOUSAND FIVE
HUNDRED ($55OC.OO) DOLLARS, divided
into flfty-f (55l shares Of the par value
of one hundred 500 OO)Dollars each.
Section Nv The management Of said
business shall be confined to Board of
Directors, consisting Of such number, not
less than three, as may from time to time.
be determined by vote of the holders of q
majority of the'capital stock of said Compa-
ny. The said Directors shall be stock
holders of said corporation, and shall be
elected annually by the stock holders Of
said Con pany, and majority of said d.
rectors shall constitute . quorum for the
transaction of business. The said directors
shall elect from their number President and
may elect from their number Vice pres
dent and shall also elect 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
elected and duly qualified. and shall have
power to I'll all vacancies in their number,
caused by death, resignation tr otherwise.
Section V The Directors of said Com
pany shall have power and authority to
make any and all rules, bylaws, and regu-
lations for the control, and management Of
the business affairs and property of said
Company and may, from time to time,
alter, or renew the same as they see fit.
Section vi. At all stockholders meet
ings, vote Of the holders of q majority Of
the capital stock Of said corporation, then
present in person or by proxy shall decide
all questions submitted Eat such meeting
Each stockholder shall be entitled to one
vote for each share Of stock held, by him,
It, or her, but all elections for Directors or
managers Of said corporation shall be held
in accordance with Section 1914, Of the con-
stitntion of the State of Mississippi, and
section 1897 Of the Annotated Code Of the
State of Mississippi.
Section VII No stakeholder Of said cor
poration shall be in any way personally
liable for the debts of said company beyond
the amount Of his, hers or its, unpaid
subscriptions to said capital stock.
Section VIII All subscriptions TO said
capital stock shall be paid for IN cash or in
property.
6eCtios TX ANY one Of said incorporators
may open books Of subscription to the cap
ital stock Of aaid company, and as soon as
One Thousand Isl, 200, 0e) Dollars shall
have been subscribed, said Company may
organize, elect Directors and commence