Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1868-04-24

be II known that we, whose names are
hereunto subscribed, have associated our
selves together for the purpose Of building,
maintaining and operating Railroad from
Anamosa, in Jones Co. Iowa, via
thence north-westerly in the wap.
sipinieon Valley, IS near ~ practicable to
the State line, and constructing and main.
tanning all necessary appurtena nses for such
road, under and by virtue Of Chapter Fifty>
two Of the Revision Of 1860, entitled, "Cor.
poratons for Pscuaiary Profit and tho
amendments thereto, and have adopted the
following Articles Of Incorporation:
Article lsr. The name Of this A ssocia.
tion shall be the Anamosa Nosth> w estsrn
Railroad Company; and said Company A.
sumes to itself as Corporations all the pow
ers specified in the Aforesaid Chapter Fifty-
two Of the Revision of le60 and the amend,
msnss thereto, and the povsrof acquiring BY
grant, purchase or otherwise, and holding
and using in any manner not prohibited by
Law, all such real estate, franch;ses and per.
sonal estate as may BE- required Ia order 10
carry out fully the objects and businsss Of
this Assooiaaion Is set forth in these afti
cles, and such future amendments aud pew
ers A. are compatible with the objects Of
this Corporation, and n to it, directory may
seem necessary or convenient for the due
prosecution Of is business, and the principal
place of business shall be at Anamosa, In
Jones Co., Iowa.
ARr. %. Tie general nature OF the busi-
ness Of this Corporation shall BE- The coa-
s,ruction, maintaining and operating Rail-
road from Ansnosa, in Jones Cosnty,
north westerly 10 the State line, and the
transportation Of persons and propers there
on for hirr.
AIR. 81. The officers Of this Company
shall consist Of nine Directors. I've Of whom
shall constitute . quorum for trAnsacting
business, Who shall have power to elect
President, Viee President. SECRETARY and
Treasurer, and such othsr subordinate on
Gers or agents ~ may BE-, from time to time,
provided for BY the By>Lavs thersoE. The
first election Of Directors shall take place
Immediately after the adoption Of these ar,i.
cles, and the second election shall Il ke place
on the 6rst Tuesday Of November, | sSs, and
annually thereafter. The Directors shall be
elected by the stockholders, and no person
shall Be eligible to said Directory Who 10 no,
. stockholder, except the Board aow 70 be
elected for purposes OF organisation. and
they shall hold their Office for one year and
until their successors are elected and quail,
fed. except ~ TO the 6rst Board.
The annual meeting Of the stockholders
shall b held 1t such place in the State of
lowa A. the Board Of Directors shall desig-
nate and the holders Of stock in this Cor.
poration, - they appear upon the books
thereof and none others, shaft b entitled to
one vote for each shars of stock 20 held at
The time Of holding any election, aud votes
may be cast by any stakeholder in person OF
by proxy.
ARr. 4rB. The Directors are empower
ed to make and enforce all such rules and
bylaws, not in conflict with the lass of the
State or these articles, - they may deem ex.
psdieat for the government aud management
Of the affairs Of Company,
ARr. 5rH, The property Of stockholders
ofthis Company, not included in the capital
stock held By them, shall not Be liable for
corporate debts ofthc Company beyond the
amount due from such stockholders respects
lively upon such stockholdsrs.
AR. 6rH. All the proceedings Of the
BOARD Of Directors, in order to be binding
upon said Company, must BE- recorded in a
book to be kept for that purpose, which shall
ct al times BE- open to the inspection Of
All contracts made by said Board shall
be under the seal Of the Company, signed By
the President and counterGgned BY the Sec
retary. Provided that in case of the absence
OF the President or Vice President, the Board
may appoint ons Of their number 20 act a.
President pro fem and tho sane rule shall
apply to the Office of Secretary.
Arr. 7rB. The capital stock Of this Com.
pany shall be Ave millions Of dollars, TO BE-
divided into shares Of one hundred dollars
each, and the total amount of Indebtedness
Of this Company sha!l ~ no time exceed two
millions Of dollars.
ART. arH. As soon ss the sum Of ten
thousand dollars shall have been subscribed
to the capital stock Of this COMPANY. the