Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1905-02-04
THE CHARTrp
OF Incorporation o. tn wilkins Merc'nt Il
Company.

Article Re II knswa. that J q. Will
<ins. TT. wilkins Jr A. G. wilkins and
their sssociatss. ara hereby created a body
corporate under the corporate name OF The
wilkins Mercantile Company. AMI by that
name NAV sue and he sued. plead and he
implicated. In oil courts Of law and equity.
contract and he contracted with. nv sai1
corporate name. and NAV attest its contracts
by corporate seal TO he adopted bv said cor
psration, and altered or changed at will.
Article 2 The purposes Of said corpora.
ton are. and It is herebv empowered. TO
cor duct at the place NJ its domicile. = gen.
sral mercantile business, owning buvinQ
and selling. wholesale or retail. goods.
wares and merchandise of every descrintion
and kind Of merrhantable wares. also co.
ton. cotton seed, and all kinds Of country
produce ; NAV purchase aud hold such real
estate rs NAV he needed for tho location oi
store and warehouse. and such real estate
as may he acquired in the collection n
debts. msy take and hold nv deeds Of trusts.
mortgages or ether instrument Of convey
auce. such securities AZ nav he deemed adj
vissl 10 Ia secure debts contracted or 10 he
contracted. for goods. supple, and moneys
advanced TO customers on either real or
personal property, or both. and generally
TO make such contracts and take and nold
fnCn FPrNFttlfF InfrPtsT Nv are UkuhI anu III.
cident to its said business.
Article 3. Tho domicile Of said corpora
ton shall he ~ Brook,ville. Noxnhee coun.
ty. state Of Mississippi. and said corpora.
ton shall have succession TO- the term Of
81 years. The capital stock of said corpo-
ration shall he Ten Thousand $50. 000 dol
lars. to he divi, ed into one hundred shares
OF One Hundred $500. 00). each. or such
fractional parts thereof ~ may be designa.
ted by its bylaws. Int the SAINT may be In
creased ut the discretion OF bona fide stock
holders by a majority vote of the entire paid
up capital stock, which shall not exceed
twelve thousand dollars.
Article 4. when 80. 90 Of the SAID cap
ital stock shall he fhllv subscribed and paid
for. said corporation shall be authorized to
commence business.
Article 5. All stock issued shall he signed
by the Secretary and counter. signed by The
President or Vice President and authenti-
Gated by the seal OF said corporation. and
shall he entered on the stock book to be
kept for such purpose. and he transferable
thereon in the manner prescribed by the
statute in such cases.
Article 6. The business OF said corpora.
ton shall, be conducted and managed by
and under the directions Of board Of three
(3) Directors, who shall he elected annually
by the stockholders at such time and place
as shall be prescribed and Fixed BY bylaws,
who shall from their number elect q Presi-
dent. Vice-Pr"sident and Secretary and
Treasurer, which two last-named 0fices
may. II so directed by the bylaws, be held
by the sans person. The duties and sala.
ries of all of officers to be prescribed by the
bylaws and by It's bylaws said CORPORA
ton may determine the time, manner and
place OF calling and conducting meetings Of
said directors. and Of its stockholders, and
OF the mode Of voting by proxy. etcetera.
Art. 7. And said corporation shall be
empowered generally TO exercise powers
Incident to such corporate as provided
by chapter % of the Annotated Code OF
1892. OF the State Of Mississippi. All In.
d%ebtedness OF the said corporation shall be
so made as to DE payable in any ind OF
Legal Tender money Of the United Stated