The herald., 1914-02-26

acquired may be resold, unless retired in
der to decrease the capital stock OF the COM
pany as provided by law to appoint managers,
officers, agents in the state of Louisiana and
other states, elsewhere, as its interests
may require; to establish, alter and amend all
rule. and regulations and bylaws for the
conduct and management Of its business as
may be necessary and proper.
Article 1.-THE domicile of this corporation
shall be in the city Of New Orleans, state Of
Louisiana, and all citation and other legal
process shall be served upon the president,
and in the absence of the president, upon
the vice-president. and in the absence of both
of these, upon the treasurer Of said corpora
ton.
Article III.-The objects and purposes for
which this corporation is organized, and the
nature OF the business to be carried on by it,
are hereby declared to be: To purchase and
| acquire lands, buildings, equipment and ma
chinery, and more particularly lands, build
| ings, equipment and machinery situated in
Copiah and Lincoln counties, Mississippi, and
and to sell, mortgage, pledge, lease, rent, oper-
| ate, or otherwise use the same or any part
| thereof.
Article IV.-The capital stock OF this cor
psration is hereby liked at the sum of hve
| thousand dollars (S50O0), divided into and
represented by sfty (sO) shares, each of q par
value Of one hundred dollars (l00), payable
| in cash its equivalent; and the company
shall commence business and become going
concern as soon as 5000 of its capital stock
| is subscribed
| Article Vail the corporate powers of this
| corporation shall be vested in and exercised
by a board of not less than four nor more
than six directors, all stockholders of this
| corporation. The directors shall be entitled
| to vote at directors meetings by proxy.
| E. Marx, /. Marx, s. Odenheimer and John
H. Hickey shall constitute the FIRST board OF
directors who shall hold Office until the third
Thursday of January. 1915, or until their sue
cessors shall have been duly elected and quail.
fled In each year, on the third Thursday OF
| January, the directors shall be elected by
ballot Of the stockholders at the annual meet
ing called by mailing to each stakeholder, al
his last known place of residence, ten days
written notice OF such meeting. Each stock
holder shall be entitled, by person or by
proxy, to vote for every share owned by him
| and standing in his name on the books OF
| the corporation at the time of the election
| or other meeting, and all elections shall be
be determined by the board Of directors. Fail.
| ure to hold election on the date specified
| shall not dissolve the corporation, but the
directors then in office shall hold their re-
| spective Offices until an election be subse
quently held after ten days written notice
mailed to the last known place of residence
of each stockholder.
Vacancies occurring on said board shall be
filled by the remaining directors for the un
| expired term.
The officers of this corporation shall con
sist Of a president, vice-president, secre
The following shall be the officers of tn,
company until the third Thursday of January
1915, or until their successor or successor.
are duly elected and qualified: S. Odenhei
mer, president; l. Marx, vice-president; Johr
II. Hickey, secretary; E. Marx, treasurer.
Article VI-All transfers of stock of th
corporation must be made upon the books o
the company upon production of the stool
certificate. No stakeholder of this corpora
ton shall sell or otherwise dispose Of hi
stock, without FIRST offering the same in writ
therefor, to the other stockholders throug
the Board of Directors. Each stockholde
shall. upon such offer, be notified in writ