Okolona messenger. (Okolona, Miss.) 1900-current, 1906-03-21
The Charter Of Incorporation Of
Alert Handle Company.

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SECTION 1. Pursuant to the Statute |
laws OF tho State Of Mississippi, Fred
Clark, d. McCarIey, Walter Smith, D.
H. Shell and their associates and sue
cessors are hereby incorporated, under
the name and style OF of the Alert
Handle Company Incorporated, and ,by
that name they, as q corporation, shall
have continued SUGGESTION for Q period !
Of fifty years, and shall be domiciled IN
the City Of Okolona. State Of Mississippi,
for the purpose OF doing Q general Saw
Mill, laundering and Handle MaDufac.
turing business, including any and all
grades Of manufactured articles made
from the native woods Of the state, and
may sue and be sued, and prosecute
/ and be prosecuted to final judgment
and satisfaction before any court; may
have q corporate seal and may alter
and abolish the same at pleasure; may
contract and be contracted with;
with; may acquire, own, sell, use and
convey real, personal and mixed prop
erty, within the limits and purposes Of
its corporate powers IS a manufactur-
ing corporation.
SECTTou 2. The capital stock Of said
Manufacturing Company shall be
| $1,000 FIVE thousand dollars to be d.
vided into (50) fifty shares Of ($1O0)
one hundred dollars each, but said
| Company may increase or diminish the
capital stock at any time by resolution
Of the Stockholders. Each share of
stock shall entitle the holder thereof
to one vote in any stockholders meeting
either in person or by proxy. The
corporation may commence business
as soon as 100 per cent of the entire
capita stock is subscribed and actually
paid ia, but no Individual stock hold
or is to be held responsible for any
amount exceeding the par value Of the
stock for which he has subscribed.
SECTION 3. The management of the
corporation shall be confided to Q
Board of Directors to consist Of B
members, to be chosen from among
the Stockholders, majority of whom
shall constitute q quorum for the
| transaction OF business. Said Board Of
Directors shall by proper hy-laws tx
! the number Of other officers and en-
| ployes Of the corporation, and prescribe
| the duties salaries and tenure Of said
officers. and all such officers shall be
4 elected by said Board of Directors. A
member of the Board of Directors may
hold any O her Office IN the corporation.
Said Board may provide for the giving
Of proper bond by the other officers Of
the Corporation and may make and
adopt such rules, regulations and By
lawsfor the government of said cOrpor-
alton and the conduct of the business
thereof as may be expedient or neces.
sary to better carry out the objects OF
the corporation or to further its inter-
est, providr d they do nothing in viola
ton of this charter, or the laws and
lconstltution OF the state or the United
States.
SECTION 4. The members of the
Board of Directors shall be- elected
annually by the stock holders in the
manner prescribed by the constitution
and laws of Mississippi, and each mem.
Der SO elected shall hold his Office for
one year and until his successor Is duly
elected and qualified. except in cases
Of removal from office or resignation.
SEcTTON5. In all stock holders meet
ing u majority of the capital stock,
represented by the stock holders or
proxies shall constitute quorum for
the transaction Of business or for the
SI0CIIOu Vi OAOOtOtcS AA0 AO VNCtAOoS
shall be transacted and no election
shall be held without such quorum
The stock holders may provide the
mode of voting by proxy and every
stakeholder shall have the right to vote,
in person or by proxy according to
the provisions Of the constitution and
laws of the state.
On petition of stock holders repre-
senting one third of the capital stock
of the corporation, the president of the
corporation shall call special meet
ing Of the stock holders at which
meeting any Director or other officers
may be removed from Office by ma
iority vote of the stock -holders repre-
senting majority ofthe capital stock
Of ths corporation, provided due no.
tice Of the time and place Of the spec.
ial meeting shall be given all the
stock holders Of the corporation.
| SECTION Z. The incorporatOrs, or
those representing d majority of the
capital stock subscribed, may meet at
such time and place as they wish and
- u - ~.