Macon beacon., 1906-04-14
CHARTER OF INCORPORATION
of the
ARCTIC ICE AND COAL COMPANY

ARTICLE
II l.. ). Barnes, 7. B. Robinson, II. D.
JtHklns and such others asmaybeassociated
with them, their successors and assisns
are hereby created a body polite and cor
porate under the corporate name and styIc
Of ARCTIC Ice AND COAL COMpINY ;,
WIN all the rights. powers, priyileres and
hahl'lties incident thereto, and conferred
OF imposed upon such a body by Cbanter
-, Annotated &c de OF 1892, State of Miss.
l.slppl, and the amendments thereof, with
rlght OF succession for period Of fifty $50,
wears from the date OF the approval of this
Charter, and with domiciI and principal
place ol business at Macon, in said State
OF Mississippi, and plants at such other
places as may be necessary for the proper
conduct Of its business
ARTICLE
The object and purposes for which this
corporation is organized are TO mantactnre.
buy and sell ice, to construct, own, one.
rate or control refrigeIating ard cold. stor.
age plants; TO buy and sell coal, coke, wood
or any other fuel and eg ., butter. poultry
ana iarm produce. and to do a general
wholesale and retail business in such arti
cleS. o manufacture, bottle and sell soda
wafer or any other carbOnated non-alco-
hollc drink or everage. and to manufac.
turc, buy, sell or deal. in botters' or soda
wafer SuppieS'at wholesale OF retail. And
to that end itmay buy. own. lease and hold
all or any real and personal property neces.
sary and proper tor the conduct of its husi.
ness not in excess OF the limit fixed by sec.
ton SIS OF the Annotated Code oI Mississ.
ippi tor 1892,
ARTICLE lIA
Said corporation may sue and be sued,
contract and be contracted with within its
corporate power, may have and use A cor.
pornte seal, may borrow money, execute
evidences Of debt and secure the payment
Of the same by Trust Deed, mortgage or
otherwise, not inconsistent with the laws
of the land; may issue tOnds and secure
their payment in any legal manner
ARTICLElv.
The capital stock of said eompany shall
be Fifteen Thousand Dollars tSl5,OOO. .OOl
divided into one hundred and fifty (l5O,
shares Of One Hundred Dollars tSlOO.O
each; but said company may commence
business as soon as Four Thousand Is .4OOOl
Dollars of said stock has been subscribed
and IN ly paid up.
ARTICLEv
The affairs Of said company shall he man.
aged by Board Of three directors, together
with the officers of said company, who.
provided they are not regularly elected di.
rcctors, shall be eX-oflicio directors, An
directors shall be chosen from among the
stockholders and shall serve for one wear
and until their successors are elected and
qualified. Provision may be made in the
bylaws for tine removal of any director for
incompetence or other sufficient cause,
ARTICLE
Tho officers Of said company shall be a
President Vice. e.President, Secretary, Treas.
urer nd superintendent. but any two Of
said offices. except President andVice Pres
ident, II the Directors shall see fit. may be
filled hy the same person. The duties of
such officers may be prescribed by the by
laws.
ARTICLE WI,
When this Charter shall have been ap.
proved by the Governor ana duly recorded
and certified by the Secretary of State, the
subscribers for the stock OF said company
may meet at time and place in the C,ty
of Macon Miss, previously named in no.
tlce to all such subscribers, and organize
the company By eecting three directors
from among such ,ncorporators. who shall
Immediately elect the officers named in the
preceding section,
ARTICLE VIII,
when thus organized the Board of Di.
rectors may proceed at cnce to sell and di..
pose Of the stock of said Company, receive
pay therefor in money, or any other thing
of value, and may do any and all Other
things necessary or proper to the conduct
OF the business OF said company.
ARTl CLEIX
At all stock holders meeting OF said COM
pauy all vut,ng shall be by stock, one vote
TO eIch share represented.
ARTlCLEX.
The private property Of the stockh oldsrs
OF the corporation shall not be liable fer
h corporate debts,