The chronicle., 1963-12-17

regarded rs independent objects. pur-
poses M powers, n In furtheranct
and not Ia limitation OF the general
powers conferred upon corporations BY
the Laws OF the state OF Mississippi a.
set forth In tho Mississippi Business
Corporation Act, regular legiS alive ses-
sion. 1861, and all Amendments there
OF.
FOURTH: The aggregate number Of
shares which the Corporation shall
have the authority to issue is One
Hundred Thousand Zoo. ooo. 0o) Of the
par value of one Dollar ($i.oo) each.
FIFTH: The Corporation will not
commence business until consideration
of the value Of at least One Thousand
Dollars t$1. 600. o0) has been received
for the issuance OF shares.
SIXTH: Provisions granting TO share
holders the preemptive right 10 &C
ouire additional or treasury shares Of
the Corporation are:
Each shareholder shall have the
preemptive right Of purchasing addi-
tional shares OF stock authorized for
sale by the Corporation In direct ratio
TO the number OF shares issued and
outstanding In the stockholders name
as related to the total number OF
shares authorized and issued by the
Corporation.
SEVENTH: The post office address
Of It's initial registered office is 343
Watts Avenue. Pascagoula, Mississippi.
and the name OF its initial registered
agent at such address is 8. r.
HARKEY.
EIGHTH: The number Of Directors
constituting the initial Board OF Dr.
rectors OF the Corporation Is three and
the names and addresses OF the per-
sons who are to serve as Directors
until the first annual meeting OF
shareholders or until their successors
are elected and shall qualify are:
8. T. HARKEY. 343 Watts Avenue.
~Pascagoula. Mississippi.
HERMAN j. JOHNSON, AIS Lake
Avenue. ~Pascagoula. Mississippi.
EDWARD r. THORN. 343 watts
Avenue. Pascagoula, Mississippi.
NINTH: The name and POSSIBILITIES
address Of each incorporation Is:
8. T. HARKEY, 343 Watts Avenue.
Pascagoula. Mississippi.
HERMAN J. JOHNSON, 425 Lake
Avenue. Pascagoula, Mississippi.
EDWARD r. THORN, 343 watts
Avenue. ~Pascagoula, Mississippi.
TENTH: Each OF the parties hereto
agrees not to sell, transfer. assign
pledge or otherwise dispose Of hi
shares until he shall have first Of
fered TO sell his shares to the Cor.
poration and TO the other sharehold-
ers as hereinafter provided. Upon tn,
desires of any shareholder TO dispose
Of his shares In the corporation. sale
shareholder shall first offer in writing
to the Corporation an option to pur'
chase said shares for the book value
thereof without any allowance fol
goodwill. The said offer shall remain
open for q period OF thirty 1901 days
II the Corporation fails to accept thu
offer within that period. q second Of
fer, also in writing. shall then b
made to sell the shares on similai
terms to the remaining shareholder
p~ro-rata. II the offer be not accepted
by either the Corporation or tht
shareholders. the shares shall there
after be freely transferable. Article
Ten hereof shall be reproduced or
each certificate Of stock issued by Thu
Corporation as notice to purchaser
thereof.
DATED this the 18th day Of Deem
bers 1859.
G. r. RARKEY.
HERMAN j. JOHNSON,
EDWARD F. THORN.
MCORPORATORS.
ACKNOWLEDGEMENT
STATE OF MISSISSIPPI
COUNTY OF JACKSON
THIS DAY PERSONALLY appeared
before me. the undersigned authority
3. r. HARKEY. HERMAN J. JOHN
SON, and EDWARD r. THORN. Incor
porators OF the Corporation known o.
5portsman's Center Of Fascagouls
Inc, who acknowledged that the!
signed and executed the above ant
foregoing Articles Of Incorporation a.
their act and deed on this the 18th
day OF December, 1868.
(5EAL)
GRACE ELAINE GODFREY.
Notary Public.
My Commission Expires April 20
1857.
This page conforms with the dupii-
cate original filed with Secretary o.
State.
HEBER LADNER.
Secretary OF state.
i state Of Mississippi.
Il 1871