Nebraska advertiser., 1857-04-02
ARTICLES OF INCORPORATION By THE
BR0WNYILLE STONE AND STONE COAL
0MpAT

81. H# ~ TH|.H- "a#-H "IT.FfrI n. II ffHHH. III
ART. 1. Know all men BY these presents,
That we James w. Coleman and Robert w.
Furnas, Our heirs and assigns do hereby asso-
ciate ourselves togetheras incorporates forthe
purposes and uses expressed in these articles
of incorporation, and do by these presents con-
stituIe and declare ourselves body corporate
and polite with succession. under the name
and style of the "BrolgnDille Stone ana 6t5ue
Coal Company" agreeable to chapter third of
theact of the Legislature Of Nebraska Territory,
entitled "an act for revising, consolidating and
preparing a general code for the Territory Of
Nebraska" Approved, Jan. %, 1856.
Arr. 2. The business of this corporation
shall be to quarry stone, and stone coal, at
any point or points, withinthe county of Ne
maha, and Territory OF Nebraska and dispose
of thesame, notco affecting with the rights ofotl-
en-, the Territory or United States, ana to do all.
things necessaryto the carrying on Of a regl-
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 impleadedi in all courts
and places whatever, in all manner Of actions,
and may have a common seal and alter the
same at pleasure.
Arr. 8. Tho capitol stock at said corpora
ton shall be Fifty Thousand Dollars, to be di-
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
/ IL o~,- fE-~ = FLr Rel ~ n-.ok1--~---
quire until the capitol stock shall be fully paid
in; and the Indebtedness OF liabilities Of the
co mpany sfsll not at any time exceed two
thirds the moun of stock paid in.
ART. 4. The place of business of this or
pdration shall be at the city Of BrownHille in
said Territory.
ART. s.. The stock of said corporation shall
bel assignable and transferable according to
such rules and under saehrestrietiops as the
~corporators OF Board Of Directors may prescribe
and the Board shall have power at All times to
mako such bylaws, rules and regulations as
may appear forthe welLbeiDg ofsaid company,
not inconsistent with the lagsof 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 a
majority Of them may designate and annually
thereafter attheir Office in Brownville, for the
purpose of electing a Board of Directois--who
shall be stoekhslders--to conduct the affairs
ofsaid 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 Of
said corporation until the election Of Directors.
and in the election ofsaid Directors each share
then held shall entitle the holder thereof to
one vote which may be given in person orby
proxy.
Arr. z. It shall be the duty ofths Beard
OF Directors 10 elect annually from their num-
Der a President and Treasurer aud appoint or
elect a Secretary, and such other officers or
agents as the interests of the corporation may
require, whose duties may be prespabei by the
Bylaws Of said corporation.
Arr. s. That in case Of yacanGy hotn any
cause in any Of the officers above nanle1 the
Board shall have powerto ill such EaeaIieg
ART. 9. This corporation reserves 10 itself
the right to make such changes il thlse arti-
eles as may be deemed necessary, agreeable 10
the power vested by section eleven Of the 81
aforementioned act. iis4
ART. 10. This corporation shall coIafnenee
on the second day Of March, Eighseen Hum
dTed and fifty seven, (1e5O cote nparaneou
with the fling Of these articles with the Re-
corder of Deeds within and fer the county Of
Nemaha IN the Territory Of Nebraska, and
shall have an existence and continue III full
force for a period offhy years. Signed
B~rownville, n. IT, j. w COLEMAN,
March i857. II. ". FURNAS.
Received for record March 2, a. D., 1867,
at 80 minutes past 1Oo'clock, a. m, and recors
ded on Deed Book AN of Nemaha county,
n. T.. Folio "a. Nv. III. HOOVER,
Register Of Deeds Nemaha Co, Mt.
Wnreh ~, a5S.