The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1906-01-26
The Charter of Incorporation of
the Aberdeen Furniture Manu-
featuring Company.

Section l. c. W. Young. h. H Patterson and
their associates are hereby created a body cor
Aberdeen Furniture Manufacturing Company.
and shall have succession for fifty years
Section , The Gomiclle of said corporation
shall be Aberdeen Mississippi: said corpora
ton is hereby authorized and empowered TO have
ENJOY real ana personal property necessary Tor
the transaction of a wholesale and retail furni-
ture and mercantile business. and for a 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 or mortgage,
otherwise dispose of or cucumber said real
tate its Board of Directors may elect. Said
corporation shall have the right to issue bonds
and the pay ment of by mortgage
the plant of said corporation and its product
and to give such other security for the payment
of the same as the Board of Directors may elect.
said corporation shall have the right to and
to 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 40 a wholesale and retail furniture business
IN said city and elsewhere III said State. and to
buy ana TO sell goods. wares and merchandise
OF every description IN such lots and quantities
and such terms and IN such manner may
be determined by its Board of Directors.
Section D said corporation Is hereby author
lied and empowered to erect. maintain and ope-
rate furniture factory in near said town of
Aberdeen in said county of Monroe and tn et.,
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 6. The officers of said corporation shall
consist of a Board of Directors of not less than
three members than seven which
number may be agreed upon by the stock hold
at the organization of said corporation. and
a President. Nice-PTcsident 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 sand corporation and hold their Office tor
year. and until their successors are elected
qualified said election of officers shall take
place ot such date and place may be agreed
upon by the stockholders AT the organization of
said corporation said Directors are hereby u
thoTIzed and empoN cred 10 fiII such vacancy in
the IT number as may be caused by death. resig
nation or 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
employe es 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 :. The capital stock of said corpora
ton shall be fifty thousand ts50.O00O0i dollars.
divided into shares of one hundred $4,000 dol
lars each, said rpoTation may organize and be-
gin business when the sum of twenty-five thou
sand S25.oo0-ooi dollars shall have been sub
Scllbest and 10 per cent of sa III amount paid ia.
Section 8 said corporation shall, in addition
to all the powers and privileges herein conferred
have all the powers and privileges conferred by
Chapter p of the annotated Code of 1892 and the
amendments thereto.
December % is05SSw-