The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1906-01-19
The Charter of Incorporation of
the Aberdeen Furniture Manu-
featuring Company

Section L. c. w. Young. r. III. Patterson and
their associates are hereby created a body cor
Aberdeen Furniture Manufacturing Company.
and shall have succession for fifty years.
section 2. The domicile of said corporation
shall be Aberdeen, Mississippi: Said corpora
ton Is hereby authorized and empowered 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 furnl-
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 10 sell, rent, lease or mortgage or
otherwise dispose of or cucumber said real CO.
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
of the same the Board of Directors may elect
Said corporation shall have the right to sue and
10 be sued, contract and to be contracted with
plead and be implicated and to adopt common
seal and bylaws at its pleasure.
Section l. said corporation shall have the
right and Is hereby authorized and empowered
10 do wholesale and retail furniture business
said city and elsewhere IN said State, and
OF every description IN such lots and quantities
and ON such terms and in such manner as may
be determined by its Board of Directors.
Section s. Said corporation Is hereby author
lied and empowered to erect, maintain and ope-
rate furniture factory in or 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 g. The officers of said corporation shall
consist of a Board of Directors of not less than
three members nor more than seven. which
number may be agreed upon by the stock hold
ers at the organization of said corporation. and
President. Vice-Prcsdent. 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.
Ali officers shall be elected from the stockhold-
OF said corporation and hold their Office for
one year, and until their successors elected
and qualified said election of officers shall take
place OF such date and place may be agreed
upon by the stockholders at the organization of
said corporation. Said Directors are hereby au-
thorlzed and empowered TO fill such vacancy in
their number 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
employees 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
ton shall be fifty thousand $50 10000 dollars,
divided into shares of one hundred 10000 dol
lars each. said corporation may organize and be
gin business when the sum of twenty five thou
sand ts25. 0O00ol dollars shall have been sub
scrlbed and 10 per cent of said amount paid in.
Section g. Said corporation shall. in addition
TO all the powers and privileges herein conferred
have all the powers and privileges conferred by
Chapter D of the annotated Code of 1892 and the
amendments thereto.
December D. 1905-3w.