Holmes County herald., 1960-06-23

Dollars ($5, 1000. 00} composed of
one class of common stock being
fifty 500 shares of the par
value of One Hundred and NO
100 Dollars ($10O. O0) per share.
,. The sale price per share, if
desired, of stock without par val
ne and authority for board of
directors to fix or change such
sale price, if such authority be
desired.
6. Period of existence mot to
exceed ninety-nine years. is:
Ninety-Nine (99) years.
Z. The purpose for which it is
created:
az To purchase or otherwise
acquire, own, hold, store, and to
sell, both at retail and wholesale
or otherwise dispose of, import,
export, transport, deliver, or
distribute deal in and with,
whether as principal, or agent,
or factor, or procurer or other
wise, timber, logs, lumber, pulp
wood and wood products of
every kind and character.
b) To acquire own, hold, use,
deal in, lease to and from others
match, pledge, mortgage, hypo-
thecate, sell, convey or other
wise cucumber or dispose of
property of every kind and char
acter, real, personal, mixed, tan
gible and intangible not incon-
SiStent with law.
q To borrow money and other
wise obligate the corporation
Tor any and all corporate pur-
poses and to pay all or any por-
tIon Of corporate debts in cash,
stock, or bonds or otherwise to
the extent not prohibited by law
d. Generally, to do and to
perform any and all matters,
things and functions necessary
or incidental to the operation of
the types of business herein re-
ferred to, and generally to do
any and all acts and things that
an individual might do and per-
form insofar as not prohibited
Dy law to be done or performed
oy a corporation.
The rights and powers that
may be exercised by this cor
poration, in addition to the fore
going, are those conferred by
Chapter 4, Title q, Code of Mis-
Sissippi Of 1912, and amend
ments thereto.
8. Number of Shares of each
class to be subscribed and paid
before the corporation may be-
gin business: minimum sum of
$500. 90 must be paid in.)
Five 81 shares of common
stock of the par value of One
Hundred and NO-100 Dollars
($100. 00} per share, totaIing
Five Hundred and No-10O Dol
lars $500. 0O)
Signatures: M. o. Stark, Mrs.
Wilena H. Stark, Incorporators
ACKNOWLEDGMENT
STATE OF MISSISSIPPI
County of Holmes
This day personally appeared
before me, the undersigned auth
GRITTY M. o. Stark and Mrs. Will
ma H. Stark, incorporators of
the corporation known as the
Stark Timber Co., Inc. who
acknowledged that they signed
and executed the above and
foregoing articles of incorpora-
ton as their act and deed on
this the 9Th day of June, 1860.
Parham H. Williams, Chan
Gerry Clerk
BY Elaine Ellington, D. c. No
tary Public. My commission
expires Jan. l, 1864.
Received at the office of the
Secretary of State this the 10th
day of June A. D., 1860, together
with the sum of $50. 90 deposited
to cover the recording fee, and
referred to the Attorney Gen.
eral for his opinion.
Heber Ladner
Secretary of State
Jackson, Miss, June 10, 1860
l have examined this charter
Of Incorporation and am of the
opinion that it is not violative
OF Ine CONSTITUTION anu laws OIL
the State or of the United
States.
Joe. T. Patterson, Attorney
General
by Martin R. McLendon, Assis-
tant Attorney General
STATE OF MISSISSIPPI
EXECUTIVE OFFICE
JACKSON
The within and foregoing Char
ter of Incorporation of
STARK TIMBER CO., INC
is hereby approved.
In testimony whereof, l have
boroIIntO cot NV how'd op1 oa,1