The Columbus weekly dispatch., 1906-04-19
The Charter Of incorp0rati0no of Inter
national Felioe Manufacturing
Company.

Section1 iscorporation is formed
for the following purposes. to-wit:
+ To manufacture wagon felloes and
other wagon material hardwood di-
mension stock. machines for making
felloes and other wood stocks: the
buying and selling OF all kinds of
woodstock, wares ard merchandise:
the buying. owning and selling of real
estate and other property necessary
and expedient in the carrying on of its
business: to build tram-ways, and
railways for lis own uses in aid Of its
manufacturing enterprises. and TO do
all other things for the proper con-
/ law
! Sec. >. It shall be composed of the
following named persons: l.. Marx.
oaml. L. Cox. 6. I. Heard, @. w.
4 Cunningham. Thos. Dee. 7. H. Lever,
and such others as have associated,
or may hereafter associate with them,
for the purposes herein named. who
shall by this charter be incorporated
under the name of international
Felloe Manufacturing Company, and
by that name may sue and be sued,
plead and be impleaded in all the
courts Of law and equity: may adopt
and use a corporate seal, and may
alter and change the same at pleasure,
and in general may possess. all the
powers and privileges conferred by
the laws of this state on corporations
created in the mode and manner as
provided in Chapter p of the Code of
1892. and which are necessary and
proper for carrying out the purposes
OF this corporation and the provisions
OF this charter.
Sec. ;. The capital stock OF this
corporation is hereby fixed at the sum
of Forty Thousand $40. .000l Dollars,
represented by four hundred 1000
shares of stock of One Hundred (Sl00)
Dollars each. All certificates of stock
shall be signed by the president and
secretary. with the seal of the corpora
tion attached. duly numbered on cer-
tifcate and registered on the stock
book of this corporation.
Sec /. All stock issued shall be
paid for in cash at such time and in
such manner as may be determined by
the Board of Directors, or stock may
be issued full paid at not less than
par in such amounts and at such times
al may be determined by the Board of
Directors. for the purchase of real
estate, personal property, rights, pat
ents or privileges.
Sec. ). This company shall have
the power and authority to issue
bonds, in an amount not exceeding
the capital stock of said company, and
fix the rate of interest on the same,
and to secure the payment of said |
bonds and interest, may mortgage the |
real and personal property of said |
company: said bonds whenever issued. |
to be registered by said company, |
signed by its president and counter |
signed by it's secretary, and made pay |
able at such time and place as may be |
determined by its Board of Directors. |
Sec. g. The affairs of said company |
shall be managed by Board of |
Directors, who shall be elected an
nually by the stockholders, at such |
time and place, in the City of Column
bus. Mississippi, as the bylaws of
this corporation shall appoint. The
said directors to hold their Offices for
one year. or until their successors are
elected and qualified. The election of
said directors shall be by ballot. and
the ma lority of the votes cast by the
stockholders present or represented
by proxy, shall elect. Each share of
stock shall be entitled to one vote. The
Board of Directors, as soon as may be,
after said election, shall elect from
among themselves a president, vice
president, a secretary and a treasurer.
managers and servants as may be
necessary, and fix their duties and
salaries; and the said Board of Direct
ors shall have general, full control of
the affairs of the corporation.
Sec. :. The liability of any stock
holder in this company shall be linn
tied to the unpaid balance which may
be due on the stock OF such stockholder
or stockholders.
Sec. s. The domicile of this cor
poration shall be in the City of Co
umbus, in the State of Mississippi,
and the life of this corporation shall
De for term of fifty years.
Sec. 9. This charter may be altered
,r amended, or the affairs of this com
Dany may be liquidated by a majority
If the stockholders present. or repre-
'ented at a meeting called for that