The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1906-01-05
The Charter of Incorporation of
the Aberdeen Furniture Manu-
featuring Company.

Section 1. c. w. Young. X. II. Patterson and
their associates are hereby created a body cor
Aberdeen Furniture Manufacturing Company.
and shall have succession tor nifty years.
section 2. The domicile OF said corporation
shall be Aberdeen. Mississippi: said corpora
ton is hereby authorized and EN- pc wered to have
and to hold. to purchase and to SELL receive and
enjoy real and personal property necessary for
the transaction of a wholesale and retail furni-
ture and mercantile business. and for furniture
factory.
Section 3. said corporation is hereby author
lied and empowered to hold said real estate in
fee simple and TO sell rent. lease mortgage. or
otherwise dispose OF or cucumber said real
tate its Board of Directors may elect. said
corporation shall have the right To issue bonds
and secure the payment OF same by mortgage on
the plant Of said corporation and its product
and to give such other security for the payment
said corporation shall have the right TO sue and
be sued. contract and to be contracted with
plead and be implicated. and to adopt common
seal and bylaws AT its pleasure.
section 4. said corporation shall have the
right and is hereby authorized and empowered
to do wholesale and retail furniture business
in said city elsewhere in said state and TO
buy and TO sell goods wares and merchandise
every description IN such lots and quantities
and such terms and in such manner may
be determined by its Board OF Directors
Section 5. said corporation IL hereby author
lied and empowered erect. nIainta in ope-
rate a furniture factory IN near said town of
Aberdeen in said county OF Monroe and to do
and TO be caused to be done. any and every thing
which in the judgment OF the Board OF Direct
ors of said corporation may be necessary for the
successful operation of said plant.
Section 8. The officers OF said corporation shall
consist OF a Board of Directors of not less than
three members more than seven, which
number may be agreed upon by the stock hold
ers Al the organization OF said corporation, and
a President. Vice-Prcsident. secretary Treasurer
and General Manager The office OF Secretary
Treasurer and General Manager may be filled by
one person should the Board OF Directors elect
All officers shall be elected from the stockhold-
ers OF said corporation and hold their office for
and qualihed. said election OF officers shall take
place OF such date and place as may be agreed
upon by the stockholders At the organization OF
said corporation. said Directors are hereby au-
thorixed and empowered to hill such vacancy in
their number may be caused by death. resig
nation otherwise. by the election OF them of
any stakeholder or stockholders All salaries OF
the officers OF said corporation shall be fixed by
the Board of Directors. except the salaries OF the
employ ees who are appointed by the General
Manager of said corporation. which General
Manager shall have the right to fix the wages OF
the employees.
Section Z. The capital stock of said corpora
tion shall be fifty thousand tt500OO.0OD dollars.
div ided into shares OF one hundred $4,000 dol
lars each. said corporation may organize and be-
gin business when the sum Of twenty-five thou
sand rs. OOO0Op dollars shall have been sub
scribed and 10 per cent OF said amount paid in.
Section 3. said corporation shall. In addition
to all the powers and privileges herein conferred
have AL the powers and pri, ileges conferred by
Chapter Is OF the annotated Code Of 1892 and the
amendments thereto.
December -. l905-3w.