The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1905-12-22
The Charter of Incorporation of
the Aberdeen Furniture Manu-
featuring Company.

Section |. c. w. Young X. II. Patterson and
their associates are hereby created a body cor
porate under and by the style and name OF the
Aberdeen Furniture Misunderstanding Company.
and shall have succession for fifty years.
Section 2. The domicile 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 aud
enjoy real and personal property necessary for
tine transaction of wholesale and retail firni-
ture and mercantile business. ami for furniture
.actory.
section }. said corporation is hereby author
ixed and empowered to hold said real estate in
Zee simple and TO sell. rent. lease or mortgage OF
otherwise dispose of or cucumber said real cs-
tate as it, Board of Directors may elect. said
corporal ion shall have the right To issue bonds
and secure the payment o. same by mortgage on
the plant of said corporation and its product
aud TO give such other security for the payment
OF the same ; the Board of Directors may elect.
said corporation shall have the right to sue and
TO be sued. contract and to be contracted with.
plead and be implicated and To adopt common
seal and bylaws at its pleasure.
section =. said corporation shall have the
right aud Is hereby authorized and empowered
10 do "a wholesale and retail furniture business
in said city and elsewhere in said state, and to
buy and to sell goods. wares and merchandise
OF every description IN such lots ana quantities
and such terms and in such manner a. may
be determined 10y its Board of Directors.
section ;. said corporation - hereby author
ized and empowered To erect. maintain and ope-
rate "A furniture factory in said town Of
Aberdeen i'm said county of Monroe. and 10 10
and be caused to be done. any and every thing
which. in the judgment of the Board OF Direct
ors of said corporation may be necessary for the
successful operation OF said plant
section g. the officers oi 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
ers nj the organization of said corporation and
and General Manager. The Office OF Secretary
Treasurer and General Manager may be filed by
should the Board OF Directors elect
All officers shall be elected from the stockhold-
ers 81 said corporation and hold their Office Tor
one year. and until their SUCCESSORS are elected
and qualified Said election of officers shall take
place at such date and place may be agreed
upon by the Stockholders at the organization of
thorixed and empowered To fill such vacancy i'm
their number may be caused by death. resig-
nation or otherwise. by the election OF them of
any stockholder or stockholders All salaries of
the officers of said corporation shall be fixed by
the Board of Directors except the salaries of the
employ ees who are appointed by the General
Manager OF said corporation. which General
Manager shall have the right To fix the wages of
the employees.
Section :. The capital stock OF said corpora
tion shall be fifty Thousand t<5o.0OoOOl dollars.
divided into shares OF one hundred $1,000 dol
lars each. said corporation may organize and be-
gin business when the sum OF twenty-five thou
sand s25-0pouOi dollars shall have been sub
scribed and 10 per cent Of said amount paid in.
Section ). Said corporation shall in addition
to all the powers and priv ieges herein conferred
have all the powers and privileges conferred by
Chapter IS az the annotated Code of 1892 and the
amendments thereto.
ID ssmber -. 190f-w-