The Tupelo journal., 1906-04-27
The Charter Of Incorporation Of
the ManheWs.Hinds Lumber
and Coal Company.

w. E. Matthews, S. b. Kinds, j. K.
ciated with them as Stockholders, are
hereby created a body corporate, and
authorized to do business under the
name and style of the Gatthews-Hinds
| Lumber and Coal Company, and as
years, with power and authority TO en-
gage in buying and selling lumber, WIN
dows, doors, blinds, sash, shingles,
lime, cement, brick, and ali other kinds
of building material of every kind and
character; and also in buying and sell
ing coal and wood for fuel. The prin-
cipal offices, sheds and warehouses and
other buildings necessary to carry on
said business to be located ia the city
of Tupelo, Lee county, Mississippi; and
in order to properly conduct such bus
mess, said corporation is authorized to
own or lease real estate, buildings, and
such wagons and machinery and other
personal property as may be found
necessary.
The said corporation ~ authorized to
take notes and mortgages on personal
property or zeal estate, to secure any
Indebtedness due it, or to take deeds to
! real estate and transfers of personal
property in payment OF any such IN
debtedness, and to hold the same; and
also to purchase and own real and per-
sonal property not exceeding in value
the amount allowed by law.
Said corporation is authorized 10 con-
tract and be contracted with and sue
| and be sued, under the name and style
of the Neutrality-suspicious. Lumber and Coal
Company: and shall have all the powers
in addition to those herein enumerated,
| conferred on such corporations by Chap
ter %, Of the Code OF 1892, and the
amendments thereto.
The capital stock OF said ~corporatlo~
shall not exceed Ten Thousand Dollars,
| $50, 900. 0m nor be less than Three
| Thousand Dollars, ($3 1000 00), divided
into shares of Five Hundred Dollars,
! ($500. 0W, each, but said corporation
NAV begin business when Two Thousand
Dollars, ($2, 000.00 0 of its capital stock
shall ha paid, in cash; and the Board OF
Directors, which shall consist of three
Stockholders, shall have the power to
fix the capital stock of such corpora
ton, between the minimum and maxi
mum of Three and Ten Thousand Dol
lars, (S3, 900. 90 and $40, 900. 00), and in
crease the same at any time they may
see fit, not exceeding such maximum.
The first meeting of the subscribers
of the stock of said company shall be
held on the call of s. Is. Kinds, mailed
to each subscriber, at least five days
before such meeting, giving notice OF
the time and place of such meetlng;and
there shall be held annually thereafter.
a meeting of the stockholders at such
time and place as the stockholders may
determine, for the election OF directors
and such other purposes. proper for a
stockholders meeting to consider and
determine. And there shall be held
quarterly a meeting of the Directors of
such corporation, on the first Tuesdays
in January, April, July and October;
and the Directors of said corporation
| shall have the management of said cor
poration. And the stockholders in said
corporation shall have the power to
make such bylaws as they may deem
necessary for their own government
and the government Of the Directors
and officers of said corporation. .
The officers of said corporation shall
consist Of a General Mana rer and a Sec
rotary and Treasurer, who shall be cleo
ted annually by the Directory, and Who
shall receive such compensation as the
Directory may determine upon, but II
such Directory shall so determine, the
General Manager may also be the Sec
retary and Treasurer. The Directors
NAV employ such other help as they
NAV deem necessary in order to conduct
he business of said Company.