Nebraska advertiser., 1857-04-16


ton, who shall hold ther ofics until a Board
Of seven DiEect0z shall be slec1sd By the
~tockhohleu Of the Company and Be quail
lied.
ART. 6-The Bohrd Of Drectos shall Be
elected annually, 1n aec0Edance with The rules
and Bylaws Of the C0mpany, andhesd their
|0f5ce until their stccsSsors are elected and
qualified. The said Directors OF a majority
81 them, shall eIect 0ne Of their number Prssi
dent Of the Beard who shall also be President
of the Company
AIR. 7-Tks sid corporation shah have
he exclusive pover and privilege Of building
Rail Road between the points before mem
toned, and IS hereby authorized BY the proper
officers, surveyors and engineers to cause such
examinations and surveys to be made Of the
ground and country between said points a.
shall be necessary to determine the most adj
.~yantageous route or line for the construction Of
said Rail Read, and Il shalfbe lawful for the
said corporation to enter o and take pos
session Of and use all such lands and real estate
as may be necessary to determine the most
advantageous route and line for the constTuc-
tono said Rail Road. And it shall be law
fnI for the SAID corporation to enter upon and
take possession ana use all such lands and
-
real estate as may be necessary for the cons
truction and mainfenance of the Rail Road
and theSccEpation that may be requisite to the
same, and may purchase. or receive, and hold
lands for the purpose Of said Road. and to AID
as means for its construction.
AIR. 8-That any person OF persons, mali
cionsIy, wantonIy, on wilfully damaging or de-
strOying any property belonging TO said Com
pany, shall forfeit and pay to said ompan
treble the value thereof, to he asceEtained BIZ
any court having lurisdicti0n, and shall be
deemed guilty Of . misdsmeanOr. and punish
ed accordingly.
Am. 9-Ths Board Of Directors shall FIX
the time and place d holding the annual cleo
ticn and regular meetings Of the Board and
Company, and at such meetings each stock
holder shall be entitled toone vote IN person
or by proxy for each shareEhe lawfully owns
IN said Company, provided that no person
shall d any meeting cast more than one-tenth
ofall eae votes Of said Company.
Arr. 10.-And the aforesaid interpretations,
or q majority Of them, are hereby auth0Fized
to OPEN subscription books for the stock Of said
Company, atsuch times and places as nay be
agreed upon, BY their giving proper notice
thereof by publication. requiring such per cent
upon each share subscribed as they may deem
proper, and when two thousand shars are
subscribed, such commissioners shall call a
meeting Of the stockholders for the purpose Of
elecinga Board of Directors for the ensuing
year. And when the said Directors are chosen
the said commissioners shall deliver 10 the
said Board Of Directors all books, moneys and
othR effects belonging to the Company. The
sd Company when thus organized are hereby
authorized to issue certificates Of stock, to Dor
row money not exceeding the capital stock
and make all such contracts as may be neces
sary to cary into effect the powers herein
granted, and for the purpose Of obtaining mo
ney with which 70 build OF equir said road 0
any part thereof, said Company may issue it
bonds, signed and sealed BY such Of It's officer
as may Be authGrized b. its Bylaws In sue
amounts and payable at such times and wit
t such rates Of interest and may be sold for sue
sums as the Directors may determine.
}, Arr. u-The corporation may take ant
transport Persors andevey species OF propert,
and merchandise, OF produce, or other propert,
| BY the force of steam or other power, and ma,
5 fix and establish rates of toll foFthe tFanspoE
tation of persons and property eversaid Road
, Art. 1.-THE said Company shah trans
port the United States mail upon such term
as may be agreed upon By the Post Office DE
{ partment and the Company.
Arr. Eth Company shall 0mmen
constructing said Read at some point With
the boundaries on the Missouri HEer, as spec
fed in article two of this article Of association
t within ten yeats from the date Of fling an
recording Of this article, and complete fort
miles Of the slms within Eve years from th
date Of such cOmmencemenE
ART. 14-SAd Company falling to compl
I with the acquisitions Of this article Of incol
poratiOn, the privileges herein secured shall
null and void.
Z Arr. 15.-This corporation reserves to itse
: the right to make such changes IN these art
g cles Of Incorporation as may be deemed neI
1 esssry, agreeally to the power vested BY SCI
I ton eleven of the aforementioned act
ART, 16.-That this cofpoziO1 shall con
mence on the tEenty-third day Of February
A. d, eighteen hundred and hfty-sevsn, q
temporaneous with the fling of these article
e of incorporation for record with the Register
Deeds within and for the county Of Nemah
IN the Territory Of Nebraska ard shall hay
an existence and continue IN full force for
period Of fifty years from and after said da,
or until the t~wenSy-thirl day Of FebrIar.
: A D. nineteen hundred and seven 190T)
ART.17.-Th principal place Of tEansae
ing the business Of this corporation shall be
Brownville, in Nemaha county, Territory {
Nebraska, at which place the Office Of sai
EcOrpOration shall be~permanensly lOcated.f