The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1905-12-29
The Charter of Incorporation of
the Aberdeen Furniture Manu-
featuring Company.

Section /. &. W. Young. X. H. Patterson and
their associates are hereby created a body cor
Aberdeen Furniture Manufacturing Company
and shall have succession for fifty years
Section = The domicie of said corporation
shall be Aberdeen. Mississippi: said corpora
tion Is hereby authorized and empowered to have
and To hold to purchase and to sell. receive and
ENJOY real ana personal property necessary iof
the transaction of a wholesale and retail furni-
ture and mercantile business. and tor furniture
factory.
Section B. Said corporation is hereby author
lied and empowered to hold said real estate IN
fee simple and to sell. rent, lease mortgage.
otherwise dispose of cucumber said real
tate as it's Board of Directors may elect. Said
corporation shall have the right to issue bonds
and secure the payment of same by mortgage
the plant Of said corporatio and IFS product
and TO give such other security Tor the payment
of the same the Board of Directors may elect
said corporation shall have the rig hit Ia size and
to DE sued, contract and TO be contracted with
plead and be Implicated. and To adopt common
seal and bylaws at its pleasure
Section l. Said corporation shall have the
right and is hereby authorized and empowered
to do 4 wholesale and retail furniture business
i'll said city and elsewhere in said State. and to
bay and TO sell goods wares and merchandise
of every description an such lots and quantities
and such terms and in such manner may
be determined by its Board of Directors
Section 5. Said corporation Is hereby author
lze.i and empowered TO erect. maintain and
rate furniture factory In or near said town OF
Aberdeen IN said county OF Monroe. and To do
and tn be caused to be done. any and every thing
which III the Judgment of the Boant of Direct
ors of SAID corporation may be necessary for the
successful operation of said plant.
Section 6. The officers of said corporation shall
consist of a Board OF Directors of not less than
three members more than seven. which
number may be agreed upon by the stock hold
at the organization of said corporation. and
a President, Nice-Prcsident. Secretary Treasurer
and General Manager Tbs office of Secretary
Treasurer and General Manager may be filled by
one person should the Board of Directors elect.
All officers shall be elected from the stock
eis of said corporation and hold their office fog
one year. and until their SUCCESSORS are elected
and qualified said election of officers shall take
place ot such date and place may be agreed
upon by the stock holders al the organization of
sail corporation. said Directors are hereby au-
thorized and empowered 10 hi! such vacancy III
their number a may be caused by death resis-
nation or otherw Use, by the election of them of
any stakeholder or stockholders All salaries of
the officers of said corporation shall be fixed by
the Board of Directors except the salaries Of che
employees who are appointed by the General
Manager of said corporation. which General
Manager shall have the right to fax the wages Of
the employers
Section !. The capital stock OF said corpora
ton shall he fifty thousand >5U.OO0D0l dollars
dis ided into shares OF one hundred Sl10-GJi dol
lars each. said corporate ion organize and be-
gin business when the SUM OF twenty live thou
sand z5.UtOOol dollars shaIi have been sub
scrlbed and 10 per cent of said amount paid ia.
Section :. SAID corporation shall. IN addition
to all the powers and privileges herein conferred
Ina se all the powers and privileges conferTed by
Chapter . of the annotated ooue OF 1892 and the
amendments thereto.
December y. l9053w.