The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1859-02-03


J 3 Grinnell, W VI Allison,
4 y Mullalky, II ID Ives,
l. y Lampman, } Crossman,
Il u Bolcns, \ w BALLARD,
/ \ Graham, T. !. Smith,
.INC Wiyting, j NJ Dawson,
r Walter jackson, Roht Sewers,
n 4 Nj Cowing, " u CLARK,
Reuben Nickel, Benz II Palmer,
J 4 /. Crook ham, \ L Seebcrger,
VIM Loughsidge, Jno + Neeaham,
VIM II Dunlap, James Cleveland,
and their associates, and all such persons
AZ shall hereafter become stockholders
in tie company hereby Incorporated.
hereby form themselves into body cor
porate under the name and style Of the
/ st. Louis, Iowa and ST. Paul Rail Road
Company. for the purpose of construct
ing, operating and maintaining h. h.
with single or double track, from some
convenient point Of junction with the
4 North Missouri Il. r. where the same
may strike the South boundary line Of
the State Of Iowa to the town Of Cedar
Falls in the County of Black Hawk,
Hawk, passing through the following
counties towit
Appanoose, Monroe, Warpello, Ma
haska, Poweshcik and lama, running
through the centre thereof as nearly as
practicable regard being had to the ac-
comodation Of business, distance and
expense Of construction.
ART. 2nd, Said company shall have
fall power to sue and BE- sued, to buy
and sell real estate and personal prop
erty, to adopt seal, to make contracts
of all kinds for the purpose Of building
the said road, or otherwise, and conduct
ing the affairs thereof: to establish By
Laws and regulations for the govern
ment Of the affairs thereof: not incon-
sittent with the laws of this State.
ART, Sd, This corporation shall com
mcnce on the 9th day Of January A.
ID. 1859 and continue for 90 years with
the right Of renewal. The Capital stock
shall be five millions Of dollars, which
shall be divided into shares Of fifty dol
lars each.
ART. 4,h, TIE officers Of the said
company Shall consist Of IL directors
who shall have the management Of tie
affairs of the com pany and shall hold
Office until their successors are elected
and qualified.
| ART. 5h. An election for Is direc-
tors shall IL held on this 9th day Of
anuary A. D. 1889, seven Of whom
shall hold their offices Tor 2 years, and
the other six for one. And annually
thereafter an election shall be held on
the FIRST Wednesday in June, first for
six and then for seven alternately, who
shall hold office for . years and until
their successors are elected and quail
| fed.
ART. 9th. The l3 directors elected
A. ID. 1859, shall determine by lot Tho
shall 20 out and remain over.
ART. 7th. The directors shall choose
from their number President and Vice
President, who shall hold Office until
the first Wednesday Of June A. D. 1860,
and be annually elected thereafter.
ART. 9Th. The directors shall choose
a Secretary and Treasurer, who shall
hold office during the pleasure Of the
j Board Of directors. The Treasurer shall
be required to give bonds, with ample
security for the faithful discharge of his
duties. The Treasurer and Secretary,
first elected shall hold Office until the
first Wednesday OF June A. D. 1860, un-
!, less sooner removed by the Board Of d.
rectors, and be chosen annually, there.
after.
J, ART. 9th. Four weeks notice shall he
: given Of each annual election after the
first election in some newspaper publish.
cd in St. Louis, Missouri, and one news.
paper, published in Oskaloosa, iowa, and
, one published in Cedar Falls, Iowa, which
notice must be signedby the sec'y. And
the publication Of the notice in the
newspaper printed at the place Of doing
business, shall be prima tacic evidence
Of thu publication in all others.
ART. 10th. The directors may call