The new South-news. (Ellisville, Miss.) 1905-1909, 1906-05-12

ter ard +. j. Bu1on and such oshee per-
scns N NAV hereafter be associatNd with
them. their sucus@os and aseigns. h, AAd
they mr.. hcrrhy created body prlitic ard
corporate under the rsms and style Of
CARTER LUMBER COMPANY
s,l by that namc may sue and h. sued.
psnd and bc irnpieadcd. defend and h d..
Tended. in Any and all courss Of la~ snd
equity in this State and clscw hssr, md
adopt snd have common sssl. end ma,
break or alter same st ple~sur,.
SEC z. The domicsic II said ca~por~- =
tim shall be nj Hawkes., = stasioa e~ tin
New Orleans and Northeastern Raiirnd in
the County OF Joncs In the State II Essis
sippi.
SEC 8 The period for which eshl ror
pcrattn shall exists and have sucoepaaor -
hftv YEAR.
SIC. I The object and purpose for
which ssid corporation is cr~t~l, an g. en-
gHgr In and prosecute the manufacturing
lscrc~nuI+, cpmmlsss"n, contracting and r'Sl
estate business, and primarily, sh~ raw ni'l-
ing. mercantile. brick and turpc.sinu bu-i-
ns<s in ull it, branches.
SEc. 5. ssid oerporsticn shall have
power 10 purchase, acquire. contract far
and hold property. rea personal and mis-
ed, nccssssry and proper for it, p0rpc -cs.
not exceeding IN value the amount linits<i
by statute, and may lease, convey and die
upesuke dummy hne<. trumwAys, WAREHOUSES
water work.. electric light and gas plant,
and telephone lines, either with or without
wins. for the use of the public and - aug
i'iary 10 its general business. To purchss
scquir~, erect and maintain all necrssav,
building, machinery, lakes, dams
and appur enccs for the operation Of AMI "
opcrH,s. sAw aud plan.ng mills. fr th
manufacture of logs intp timber aud lu',bc,
and for the mxnutHetuns cf lunbss and tim
ters into their finished product To rur
chsse, acquire, orcst, establish ard opsrA;s
eicsators. steam hoists. machine sh<sps. and
pants for the building II portablc houssr.
street cars, dummy, trum and other un,
'or the manufacture Of brick. tiIing, pk-
terry. paints. varnish@ and Other prndu,ts
Of earth, clay and wood. To sf~a, ac-
qrirs and operate turpsntine and nssia dis-
ti'eries and plants fpr the manufac&sro Of
of the by-products Of wood, and " cpuu End
cultivAts turpentins orchards. To puf-
chase, arQuire, and ersct saose builAipsA md
wars HOUSE,. and transAct . ganosAl nnAr.
cantile baslhsa, bolA whossssH and Rdnll,
II I'll ~ drpostmontA.
- T. sss.:.ss ::'. nd S.:se: e x; e;
ID; produced : ., !. gfcwn ~ .ls:!,t: ~ y -
ing Of residences, fences. ware houses, sea,re
houses, tanks, wind mills, hridess OF oth~r
structurss and Improvements up0n ths
property owned BY It. or BY other psrsons.
To contract for, acquire. usr. maintain
and operate oil nccrssary booms, dams and
other devices for the running and Booming
Of logs. timbcrs, 'umbcr and other d,sts-
bIes, IN such manner ~ will not be in con-
t1vcntion of the laws of this and other
stAtcs. or Of the United States Of America
To mark. lay out and establish NV ns and
erect therein and there~bou!s residences fac
tories and other buieings. ard n lay out
additions, strests and p~Fks IN and about
such towns. and 70 maintain. improve and
ornament the same. and ~ sell and dispose
Of the same, and Of town lots. and " &C
quire. establish and operate mercantile pN-
Establishments. and Wholesale and rsssil and
branch lumber yards and other olficus a.,d
Agencies in this snd other slAtn aad opnn-
tries.
SEC, 8. The capital stock cf this corpo-
ration shall be Fifty thousand Dollars. d..
vided into Ave hundred shares Of the One
Hundred Dollars each.
sxc 7. The said corporation may bur-
row money and secure it, psymsrss b,
mortgages or otherwise. may w.ue bond.
ar secure them In the tsmeway, may hv-
poihecat its franchise and may have and en-:
joy all other rights, prov ieges nssd immuni-
ties cs'ns,stsot with IL purposes, thst sr.'
or may be granted " corporations by choy
ter 8 OF tbc Annotatsd Cod. Of the STAT.
Of Mississippi of lso2, aud amendn~nls
thereof while IN force.
SIC 8. The management and cnntrnl
Of said cooperation thxI BE- vs..,~I ms hssmfd
II circctors 10 trs composed II tlir~.. stuck
holders whose number Inny b. increased ~
diIninithed bv vote Of the stock Older
~hd who riiSi ,s chosen annually BY the
stockholders of the co'porotipn, and BY y
majority vote in amount of stock aud Ia the
rrsnner provided in section S37 Of the An
nctated ode u Mississippi Of 1892. and
amendments there OF while In force The
Ant election Of hoard Of directors shsiI b.
held Mt the ini.iaI meeting fthc ssockbo'd
crs Of the corpor atom OF NJ Al sfjour,ed
meeting thereof. or 1t some other nts4shG
osiied Tor the purpose, and said board II d.
rsctors shalt bo.i their cfiice until the 1ssl
Tuesday cf April 1907, or until their suc-
ccsscrs are elected and qualified. The board
of direct r. shall thereafter b. clctsd, ,annua y
bv the ssockbolders u their annual meeting
~hich shall be held q the olbce Of aid or.
pontion in saie ststion Of Hswkes, ON 6ss(
Tuesday in April in e~ch year, Or al such
ether date - ssid Stockholders shall desig
nat and they shslI bo d their r~sp~sive c5'
6rs for the term Of one year th~rastss
snd until thefs successors are eieetd sn1
enter up'n the dischargs Of tbcie duti .. sat
no p~rson shali b. direct OF the csfpo
rsticn unIs<s he 10 stuck bo der. A ms
jority of ssd boeri II disactors .ha'l conssi
tuts = quovuni os the Rsnsac4sou II Ill bss-
iness, and tn~y shalI riera one 81 th~is nun
hsr " Be president Of ~ cprrs,ston nn<
one ', b. vice psrs d<s!t tk~r-sf. and os~ a
sheir number 10 h stcrreasy aud s~,s " b,
tssasurvr. but any dleseAs msv d. <'erss~
LII II ~ - l.