The Columbus weekly dispatch. (Columbus, Miss.) 1902-1905, 1905-05-03
Articles OF incorporation OF the Sleens Gin
ming and Milling Company, DOmi-
ciIed at Steens, LOwndes cOun-
ty, Mississippi

Sec. 1. BE it known that we, J. A. Mehaf-
fey. o. c. Brothers. r. V. Richards. RIG. Har-
and those who may hereafter become stock
holders, their successors and assigns are
hereby created body polite, under the name
/ ING COMPANY. and as such shall have sue
! cession for fifty years and said corporation is
/ hereby authorized and made capable to nave
and to hold. receive, purchase ana enjoy real
estate and personal property necessary and
proper for its purpose. not exceeding FIVE
thousand dollars 5000, OO), and to hold. use
/ and enjoy such real estate In fee simple. or
otherwise and the same or any part thereof
or the said personal property to sell, rent
| lease convey. mortgage, or otherwise tncum
Der. to issue notes bonds debeutures OF
other evidences Of debt; to sue and be sued
| TO contract and be contracted with. TO plead
and be lplead with; 70 use common
seal and the same to break alter or
renew at pleasure. The domicile Ol said cor
poration shall be ut Steens. In the County of
changed at any time by vote or Ihe holders
OF a majority OF the stock OF said corporation.
Sec ,. The purpose Tor which corporation
/ is created is. and it is herhby authorized ano
empow cred to do general ginning and fnA
ing business to buy and sell cotton seed lint
cotton. seed cotton corn and meal. and saiG
corporation is further authorized 10 do 81.
acts necessary and convenient iu Che Iudg
ment OF the on GERS or directors of said corpo
I ratiOn for the welfare ana business OF 5afu
cOrpO alton And said corporation shall have
possess and enjoy an the rights. powers aud
privileges enumerated iu or created or con.
ferred by Chapter % of the AnnOtatedC0de of
1892 and the amendment thereto which are
I
ryipg out this charter
Sec 8 The capital stock of said corp0r1
tiOn shall be $4,000 90, divided into shares Of
nlUo % each Dut sald caIHJal STOCK may pe ma
creased or diminished a. any time by vote of
the holders of the majority of the capital
stock or said corporation
Sec a. The management Of the business OF
said corporation shall be confined TO such
number of directorsas may be fixed and allowed
majority OF the stock issued by said corpora
ton. said directors shall be stockholders of
ally by the stockholders OF said corporafion
The ma Jority of said directors shall constitute
a quorum for the transaction OF business
me SAID directors shall elect from their num-
Der a president. vice president. secretary ana
treasurer, and may appoint or elect such 9th
er officers, agents or employees as they may
deem proper, Said directors shall hold their
omees until their successors are duty elected
and shall have qualified. and shall have power
to I'LL vacancies in their number cuused IS
death, resignation or otherwise.
Sec. 6. The directors OF said corporation
shall have power and authority to make any
and all needful. bylaws and regulations for
the control and management OF the business
and property of said corporation, and may.
from time TO time, alter Or renew the same as
they may see tit.
sec. 5. At all stockholders meetings vote
present in person, or by proxy. shall decide
an questions Legally submitted at such meet
ings. Each stakeholder shall bee entitled b.
one vote for each share of stock held 1r hIm
il or her. but all elections of directors or man
ayers OF said corporation shall be held ia ac-
cordance with section lg1 of the oor-fff.lfIn
ofMississippi and Section $50 of the Annotated
Code OF Mississippi
sec. :. No Stockholder OF said corporation
shall be, IN ans way, personally liable for the
debts of said corporation beyond the amount
OF his or her or its paid up subscription TO said
capital stock
sec s, All subscriptions 10 said capital
stock shall be paid for in cash or in property.
sec. 8. ANY Two OF said incorporation may
open BOOKS OF subscription TO the capital
stock of said corporation and as soon rs
Three Thousand Dollars (83.0OO.O0) shall have
been subscribed, said corporation MAY organ
tze, elect directors and commence business