Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1871-12-16
An ACT.
To incorporate the North Tex
as Agricultural Mechanical
and Blood Stock Association.

| DECTION, l. DC ~ eNuCt6u ~ Tue I<eyiStu-
ture Of tie STATE of 7eras, That George Viii.
son, VIM. B. Miller, Geo. NJ. Swink, James
Bentley, John Z. Mccoy, Henry Ervay,
VIM. c. Mckinney, W. II. Witt, z. +
Coombe and W. H. CASTOR, and their as
SOC iates and successors, be and they are
hereby declared a body corporate and poll
tic under the name and style OF the "North
Texas Agricultural Mechanical and Blood
Stock Association" and as such shall be
capable of contracting and being contract.
ed with, sueing and being sued, having
and usirg o corporate seal, purchasing
and holding in fee or otherwise, lands,
goods and property, making and altering
bylaws, and doing all other acts and
things; and having and enjoy ing sll other
franchises incident to, or necessary and
proper for effectin ne the objects Of their in
corporation.
SEcrloN,2 That tho objects of said as
ISOLATION are the encouragement and de-
velopment of Agriculture; the advance
ment of Mechanical and industrial pursuits
and the improvement of the breed of do
nestle animals; and for these purposes
said association is authorized to purchase,
import, breed exhibit and sell any kind OF
domestic .nimals, and to purchase, import,
manufacture, exhibit and sell such improv-
ed machinery and implements as will pro-
mote the Agricultural, Mechanical, Indus
trial and Manufacturing interest Of the
people Of Northern Texas and of the whole
State; provided, that nothing herein con-
tanned shall Infringe upon the rights OF
patentees; and for the purpose Of carrying
out the objects and purposes Of this sssoci-
alton as above declared, said Association
is hereby authorised 10 cwn necessary real
estate for Fair grounds, pastures and etc.,
not to exceed one hundred acres, and to
erect upon the same, suitable buildings and
Improvements for carrying out the obje,ts
Of this Association.
SECTION, 8. That the capital stock OF
this Association shall not exceed fifty
thousand dollars, divided into shares OF
fifty dollars each and that the affairs Of
said association shall be conducted by Q
President, Vice President, Secretary, and
q board of seven directors elected by aud
from the Stockholders annually At such
times as the bylaws Of the Association
may prescribe.
SECTION, 4. That At any time after the
passage Of this act and within twelve
months after the date thereof IL shall be
the duty OF the commissioners named in
the first section OF this act or majority
Of them to assemble the subscribers to the
capital Stock by giving written notice to
each stakeholder at least ten days previ-
Gus such meeting. One Of said commits
sioners selected by a majority Of the others
shall cr-officio preside at said meeting,
and he shall proceed to effect the organi-
ration Of the company by the election Of
the President, Vice President, Secretary
and directors as hereinbefore provided ex-
acting that, al, least, twenty-five per GEN.
tum Of the stock represented shall be paid
down before any vote is cast. The board
of directors shall have the power Of elect
ing treasurer to take charge ofthe TWEEN
ty-fve per centum 50 paid down; and IL is
herein provided that the duties Of the CON-
missionors herein named shall cease from
the date Of the election Of this directory.
SECTION, 5, That when the organiEs-
ton provided for herein shall have been
efesled and when the directory through
the Secretary Of the Association shall
make Q demand for the remaining seven
ty-hve per eenfum or any portion thereof
due on the capital stock, any stpckbolder
failing to pay mp the amount due on his
stock or 20 much thereof as 10 demanded
By tlIe directory, shall forfeis the twenty
Eve per csnfum paid into The association; !
provided, that ten DAYS notiss Of ths cali
for sevsnty-frs per esnfum Of sneh ssock. /
OF any part thereof, b rivsu by written
net'ce 10 he stockholders ewing the sane.
his notice 70 Be giFsn b. fhs Sscretsrv.
skr1lrs. 8. Tbrt said 1ssseisf5or sltfi /
By IN eirtcfory, have power 20 nrts such
policr rrrulafi5ns for Observance rr-n
Ind within sBs-hsR MI. o. f,s fsis
grounds d1ring the holding aus rsufiuu-
,bcr efsay faif, az shrn iu-ars. he ps.-s
Iri- de 81 persons tbsrs nss-r.bi-f. nrs
. esrrT III fhs prurision e.rs olto-s o. q