The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1911-10-21
THE CHARTER OF INcORPoRA-
TON OF LAUREL COMPRESS
AND WAREHOUSE CO.

poration is Laurel Compress and
Warehouse Company.
2. The names of the incorporators
are: NJ. E. Gilbert, Postoffice, Laurel,
Mississippi: F. l.. Mathews, Postoffice
Hattiesburg, Miss.
3. The domicile is at Mammoth |
Springs, Forrest county, Mississippi.
4. The amount of the capital stock |
is thirty thousand dollars.
5. The par value of shares is one
hundred dollars each.
6. The period of existence is fifty
(50) years.
7. The purpose for which it is Gre
ated is to engage in COMPRISING, stor-
ing, buying and selling cotton and do
ing a general warehouse and com
press business; and also to engage in
the purchase, sale and storage of any
and all kinds Of cotton goods and pro-
ducts, cotton seed and by-products'
feed stuffs, grain, hay and other ike
products, and for the aforesaid pur-
poses or any OF them it may own such
lands mills, warehouses, storage
rooms, congresses and other things
of like kind and character useful ana
needful in the operation, conduct or
maintenance of said business. 1t may
own and operate such machinery
WAYS, means and appliances as may
be necessary or useful in the conduct
and operation of said business; may
install, operate and conduct an cleo
trio light plant or other lighting sys-
tenn for the use and benefit OF its
said business and may procure such
lights from other persons for said pur'
poses. It may also construct, main
tain, equip or acquire all necessary
side tracks or other means OF con-
veyance to and from its said ware
houses, congresses, mills and stor-
age rooms and may acquire all neces-
sary rights Of way for the same and
may buy, acquire, own and controi
such lands and other property not eH'
ceding the amount authorized by la"
for its use In operating, maintaining
and carrying on any of the business
herein specified 1t may negotiate OF
transfer any of it's property OF any
kind. NAV make and create debts
and secure the same by deeds in trust
mortgage or otherwise, and it shal
have all the privileges and powers
conferred on like corporations by the
laws of the State of Mississippi.
3. The rights and powers that may
he exercised by this corporation are
those conferred by the provisions o
= CHAPTER twenty-four GA, of the Cod'
| of Mississippi of 1906 and amend
: ments thereto.
9. The capital stock of this corpo
ration is thirty thousand dollars ($3o
, 600. 0O), but it may commence pusi
. ness when twenty thousand dollar
f 1920 oOO. oO) shall have actually beel
=. paid in, either in money or propert
l at its cash value.
10. It may have such ofhcer'
agents and employees as its stocf
= holders may determine; it shall nav
1 a board of directors of not less ina
: two (2) nor more than five (5), to D
Y selected as required by law. 1t ma
S make such bylaws, rules and reguii
e tons for the conduct of its bushes
: as its directors may see proper, nj
; inconsistent with law.
II. No stakeholder shall be lapl
for the debts OF the corporation, e.
. cept for such balance as may renal
if any, unpaid on the stock, subscri
ed for by him, and such as may
- chargeable against him by law
&c In testimony whereof we have her
unto set our hands and subscribed OF
a. names this the Both day Of Sept.
.- D. 1911.
M. E. Gilbert,
Matheus