Nebraska advertiser., 1857-03-19

ART L hnoW all men By these presents,
That we james " Coleman and Robert w.
Furnas, orr heirs and ssssgns do hereby asso-
clats ourselves tagether as incopOrators for the
purpcsss and uses expressed in these articles
Of ilcorT T'0rari0n. and do by thcss presents con
stitlIke and declare ourselves BODY corporate
and polite with SUCCESSION. under the name
/ and style of the sBr0s1nSiHe Stone and Sane
Coal CoiRp1Hy," agreeable to chapter third Of
theart ofthe LegisIatHrs Of Nebraska Territory,
entitled "an act for revising consolidating and
preparing general code for the Territory Of
Nebraska" Approved, Jan. 25, 1856.
ART. 2. The business Of this corporation
shall be TO quarry stone, and stone coal, al
any point or points, within the county Of Ne
maha and Territory of Nebraska, and dispose
of thesame, not conflicting with therghts of0th-
ezs, 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
I the same. to contract and be contracted with,
TO sue and be sued, 90 defend and be defended
egainst, 70 plead and be impleaded in all courts
and places whatever, in all manner Of actions.
and may have eOmmon seal and alter the
same at pleasure.
ART. 3. The capitol stock Of said corpora
ton shall be Fifty Thousand Dollars, to Be d.
vfded into shares Of Twenty Five Dollars each,
two thousand dollars Of which must be sub
scribed and paid IN. CT the sum of two thou
sand dollars, BY the payment Of FIVE per cent
on the amount subscribed before commencing
\ b'1sinrss, and such prif cent and at such times
thereafter as the Board of Directors may re-
qnire until the capitol stock shall be fully paid
! IN; and the Indebtedness on Liabilities of the
company shall not st 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 BrswnviIle 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
eorporatOrs or Board Of Directorma prescribe
and the Board shall have power at all times to
! mako such Bylaws, rules and revelations as
, may appear for the well-being ofsaid company,
not inconsistent with the laws Of this TeTitory o.
those of the United States
! ART. 6. That the stockholders Of said com
pany shall meet at such time and place as
majority Of them may designate and annually
thereafter at their Office in BrOwnville. for the
!, purpose Of electing Board of Directors
+ fashall be stoclzboldeTs-to conduct the Attain
( of said corporatiOn, and to continue in offic,
for one year OF until their successors are elect
ed, and the aforesaid c0rporat0rs shall haTl
power to manage and conduct the affairs o
said corporation until the election of Directors
: and in the election Of said DirectOFs each shar
then held shall eutitle the holder thereof t
one vote which may be given III person or b
! proxy.
5 ART. z. Il shall be the duty Of the Boar
e OF Directors to elect annually from their mum
i Der, President and Treasurer and appoint c
elect Secretary, and such fOther officers {
agents as the interests of the corporation ma
: require, whose duties may be prescribed BY ID
{ Bylaws Of said corporation. 3
ART. 8. That IN case Of vacancy from IN
} cause in any of the Officers above named, th
Board shall have power TO I'll such vacancy.
Z ART. 9. This cOrporo5ion reserves to itse
\ the right to make such changes in these art
cles as may be deemed necessary, agreeable
= the power vested BY section eleven of the {
u aforementioned act.
ART. 10 This corporation shall commend
on the second day of March, Eighteen Hun
= dred and fifty seven, (1S5D cotempeaneoI
with the filing Of these articles with the r
!. corder Of Deeds within and for the county
! Nemaha in the Territory of Nebraska, an
shall have an existence and continue IN fu
force for period Of fifty years. Signed
BIownviIle, n. TT }. W. COLEMAN,
March 2, 1857. r. w. FURNAS.
a Received for record March 2, A. D., 1S5
n at 80 minutes past 10o,clock, a m, and reco
ded on Deed Book "a" Of Nemaha count
'e n. T., Folio q. w. H. HOOVER,
Register Of Deeds, Nemaha Co, N. 7.
N Mare1 ID "a TX es A7-