The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1905-09-09
The Charter Of Incorporation of
The .Eauk OfHOlcOmb.

Section aAd0.E1 Holcomb. II. ID. WiliiaSss,
p. d. Hc4cen&s, AZ. A. Mckee, T. 2. Lampkin,
J; W. Wood; is Early; /; ~ 4 Staten t. :
Jones, f. K. McShaue and others, their asso-
ciates and Successors. are hereby created a
body corp0sl2es with the corporate nanle OF
The Bank of Holcomb, and as such shall
have a corporate seal and succession for the
period of ~&ftNyfarS.
Se~ctiasn2-dHea domicile of said corporation
shall be in the itOwn OF H0lcOmO, GRENADE
County, Mississi ppi.
Sectioe 3-Tlhe>said corporation is created
for the puTp0se of carrying on a general
banking. extSasa ge and brokerage business,
receiving deposits, diScouuting paper and
making IOaMS eaarreal aud personal security.
and said c0$p0er1tion Is authorized ana EN-
| powered 90 bRy. 3eaSe. or otherwise acquire
| and hold Owp, sent. cucumber, sell or other
wise dispose OF zeal estate. ana may own
and acquire aay and all kinds OF personal
| obligations. aRAa - ay sell, convey and trans
| fer the sahae-l AGay4sorrow and lend money.
and may give AMI take securities for the
| payment therefor and generally shall have
all the pOweis sad privileges conferred or
created by Chapter % of the Annotated
Code of Mississippi, and acts amendatory
thereof.
Section 4-The. ~es4ssi.al stock IF said cOrpo.
ration shall be ote snund red thousand dol
liars (s1O0,OO0! 00). distied into shares of one
la undred dollars &iAasaQl each.
Section Sat any tinle after fifteen thOus-
and dollars of the +ssdsd capital stock has
Geen subscribed, txsGty per cent of WHICH
&hlan have Dctu p6ttRih IA asdu0 " UClOIO. titC
Aaid corporation may organize and begin
hsssiness, at a first me<aang to be called for
faa1t purpose, by a notice in writing OF the
tjH.e and place OF said nleeting. signed by
one or more OF the above named persons
ass6 mailed or delivered TO each subscriber
at least five days befQreltle time appointed
fSEs6id meeting.
SECTION 6-Said corporation may, by a ma
i0ritE- vote of the stockholders at any regu-
lar az special meeting thereof. adopt bylaws
for IESe government OF SAID corporation.
H~fs.1 <ho tipao on6 .n1annaR nf holding and
condaaing meetings, both regular and
special of the stockholders and directors
detera&1aing the humble 0fshaces that shall
entities member to vote, ans the mode OF
aries assf scope of authority to1 all officers
and directors. and the terms OF oSice OF such
Officers rs a .n ere not Pr es,dea fSr IL Il sh hss Gnars
OF said corporation; and all % other
bylaws ne6fful or proper for the welfare or
convenience Gf sail corporation, Sc long as
the same are asot contrary TO law.
Section 7-S2Ed corporation shall have a
board OF directors consisting OF Eve or EaOre
persons. the nuEeber thereof to be 6xed by
the bylaws OF &aid corporation. who ekali
be stockholders OF said corporation. and wbo
shall be elected ApRu ally by the St0ckhOtd-
ers and shall hold 0f1ce until their success !
eors are elected. The nanagement and con.
p0ratiOn shall be vested In the said board OF
directors, who may. subject only TO the by
lawS of said corporation, n except where
otherwise provided by law or the bylaws OF
this corporation. exercise such powers as
fully and as completely as might the stock
holders OF said corporation. -,
annually elect a president, yice-president
and cashier OF said corporation. and such |
other officers and agents and employees as
they may deem necessary or proper for the
ONCE nj the viii OF the said board OF direct
ors, and receive such compensation as may I.
be fixed by said board.