The commonwealth. (Greenwood, Miss.) 1896-1923, 1906-11-02
lHE CHARTER OF
Incorporation of The Merchants
Bank.

!. The corporate title of said com
pany is Merchants Bank.
:. The names OF the incorporators
are:
Rowan Thayer, P~ostofice, Greenwood,
Mississippi.
W. B. Dickins, Postoiice, Greenwood,
Mississippi.
W. NJ. Hammer, Postofice, Greenwood,
Mississippi.
W. A. Stinson, Postotlice, Greenwood,
Mississippi.
p. A. Malone, P~ostofice, Greenwood.
Mississippi.
S. r. Keesler, Postolice, Greenwood,
Mississippi.
Robert Herman, postotice, Green
wood. Mississippi.
B. l.. Young, postofice, Greenwood,
Mississippi.
8. The domiciie is at Greenwood,
Leiore County, Mississippi.
4. Amount of capital stock $50, 000, 90.
5. The par value of shares is $4,000
each.
g.. The period of existence mot to
exceed fifty years. is so years.
Z. The purpose for which, it is created
is: Said corporation is created for the
purpose of conducting a general bank
ing business; it is authorized and en-
powered to loan and borrow money and
to give and take security therefor on all
kinds Of property, endorsements, col
lateral or personal security or in any
other manner; to receive deposits, to
discount and negotiate drafts, promis-
sorry notes, bills Of exchange and other
evidences OF debt; to buy and sell ex-
change, coin and bullion: to construct
and maintain safety deposit vaults for
others and charge and receive compen-
sation for the use thereof; to buy, own,
hold, sell or otherwise deal in all kinds
of bonds, negotiable Instruments and all
chooses in action of whatever nature; to
acquire, hold and dispose of any and all
kinds Of property by it deemed ece
sary or proper for the conduct Of its
business; to act as agent for others Ia
negotiation, purchase and sale OF ecu
tiles and chooses in action OF all kinds
and Of all other property both real and
personal and in general to do any and
all things necessary or incident to the
purposes of it's creation or proper or
convenient for the management Of it's
said business and the welfare of said
corporation; and said corporation shall
have. enjoy and exercise all the rights,
powers and privileges created or con-
ferred by Chapter "A Of Mississippi
Code Of 1906 Of public statute laws OF
the State Of Mississippi. At anv time
after S30.000.0O Of the capital stock has
been subscribed the stockholders may
organize this corporation and when tho
said sum has been paid in in cash the
said corporation may begin business.
The first meeting OF Stockholders for or
ganization may be held after a three
days notice in writing delivered in per-
son or mailed to each Of the subscribers
to the capital stock.
s. The rights and powers that may be
exercised by this corporation are those
conferred by the provisions Of Chapter
a, Mississippi Code, 1906.
ROWAN THAYER,
". b. DICKiNS,
". NJ. HAMMER,
W. A. STINSON,
p. A. MALONE,
-. IL. hEBobbtt,
ROBT. HERMAN.
Is. T.. YOUNG,
i~NCORPoRATORs.
State of Mississippi,
County of Lelore.
This day personally appeared before
me, the undersigned authority, a Notary
Public in and for city of Greenwood in
said county, Rowan Thayer, W. B. Dick
ms, W. NJ. Hammer, W. A. Stinson, p.
A. Malone, s.. r, Keesler, Robert Her.
man and B. L Young, incorporators of
the corporation known az tho Merchants
Bank who acknowledged that they sign
ed and executed the above and forego-
ing articles Of incorporation as their
act and deed, on this the 25th day OF
October, 1906. X. V. POLLARD,
(5eaD NOTARY PUBLIC.