Nebraska advertiser., 1857-03-12
ARTICLES OF INCORPORATION OF The
BR0WNVILLE STONE AND STONE COAL
COMPANY

ART. /. Know all men by these presents,
That we james w. Coleman and Robert w.
Furnas, our heirs and assigns do hereby asSo-
ciate ourselves together as incorporates for the
purposes and uses expressed in these articles
of incorporation, and do by these presents con-
stitute aud declare ourselves a body corporate
and polite with succession. under thename
and Stvle of the "Br0WnviHe Stone and Stone
Coal Company agreeable to chapter third of
the act of the Legislature Of Nebraska Territory,
entitled IAN act for revising, consolidating and
preparing a general code for the Territory Of
Nebraska" Approved, Jan. %, 1856.
ART. 2. The business of this corporation
shall be to quarry stone, and stone coal, at
any point or points, within the county of Ne
maha, and Territory Of Nebraska, and dispose
of the same, not conflicting with the rights ofoth-
ers, the Territory or United States, and to do all
things necessary to the carrying on Of a regu-
lar and legitimate business, to buy and possess
property of all kinds real and personal and
mixed to mortgage, sell, convey and dispose Of
the same, to contract and be contracted with,
to sue and be sued, 10 defend and be defended
against, TO plead and be implicated in all courts
and places whatever, in all manner of actions,
aud may have a common seal and alter the
same at pleasure.
ART. 3. The capitol stock Of said corpora
ton shall be Fifty Thousand Dollars, to be d.
vided into shares of Twenty Five Dollars each,
two thousand dollars of which must be sub
scribed and paid in. or the sum of two thou
sand dollars, by the payment of five per cent.
on the amount subscribed before commencing
business, and such per cent and at such times
thereafter as the Board of Directors may re-
quire until the capitol stock shall be fully paid
in; and the Indebtedness or liabilities Of the
company shall not at any time exceed two
thirds the amount of stock paid in.
ART 4 The place of business Of this cor
poration shall be at the city of Brownyille in
said Territory.
ART. 5. The stock Of said corporation shall
be assignable and transferable according to
such rules and under such restrictions as the
corporators or Board Of Directors may prescribe
and the Board shall have power at all times to
mako such Bylaws, rules and regulations as
may appear for the well being ofsaid company,
not incousistentwit ht the laws Of this Territory or
those of the United States.
ART. 6. That the stockholders Of said COM
pany shall meet at such time and place as q
majority Of them may designate and annually
thereafter at their Office in Brownville, for the
purpose of electing a Board of Directors-who
shall be stockholderS-to conduct the affairs
of said corporation, and to continue in office
for one year or until their successors are elect
ed, and the aforesaid corporators shall have
power TO manage and conduct the affairs oil
said corporation until the election Of Directors
and in the election Of said Directors each share
then held shall entitle the holder thereof to
one vote which may be given in person or by
proxy.
ART. Z. 1t shall be the duty of the Board
Of Directors to elect annually from their mum.
Der, a President and Treasurer and appoint Of
elect a Secretary, and such other officers Of
agents as the interests of the corporation may
require, whose duties may be prescribed by the
Bylaws Of said corporation.
ART. 8. That in case of vacancy from any
cause in any of the officers above named, the
Board shall have power to fill such vacancy,
ART. 8. This corporation reserves to itsel
{ the right to make such changes in these arti
cles as may be deemed necessary, agreeable u
the power vested by section ELEVEN of the a
aforementioned act.
Arr. 10. This corporation shall commences
on the second day of March, Eighteen Hun
dred ard fifty seven, (l857) cotemperaneou
with the filing Of these articles with the Re
cordCr Of Deeds within and for the county o
1 Nemaha in the Territory of Nebraska, anC
shall have an existence and continue in full
force for a period offfty years. Signed
B~rownville, n. T.,( j. w. COLEMAN,
March 9, 1857. r. w. FURNAS.
Received for record March 2, a. D., 1857
f at 80 minutes past 10o'clock, a. NJ, and recor
ded on Deed book IA" of Nemaha county
n. T., Folio q. w. II. HOOVER,
Register of Deeds, Nemaha Co., n. 7.
I March II, SO. 39-4w.