Barbour County index., 1884-01-25
The Hotel a Certainty.

= The Hotel Certainty.
In accordance with the call heretofor
published, the stockholders in the pro
posed new hotel met last night and pro
ceeded to organize the Medicine Lodg
Building Association.
Judge 5. J. Shepler was chosen chair
man of the meeting, and Z. p. Caruth
ers secretary.
At the suggestion Of the chairman T
: w. fayne explained the objects of tn,
meeting, after which the subscription
list was read, which showed that th,
representatives of G2 shares of stool
were present.
The following articles of incorpora
tiOn, constitution and bylaws were ther
read by sections and adopted as Z
whole.
ARTICLES OF INCORPORATION.
First- The name of this corporation shall b,
The Medicine Lodge Building Association"
Second. The purposes for which this corpor
alton is formed are F.: For the purpose of ao
quiring by purchase, donation. lease or other
wise, real estate, for the purpose of building OIL
the same "A hotel or other buildings, in the town
to hold, mortgage. sell. lease or dispose of its
property, as best subserves the purpose and
interest Of its stock-holders.
( Third. The place where this business Is n
be transacted is at Medicine Ledge, Barber
\ county, kansas.
/ Fourth. The term for which this corporation
IL 10 exist is fifty years.
Fifth. The number Of directors or trustees
of this corporation shall be Eve. and the names
and residence of those who are appointed for
the first year are:
Z. Wayne, W. W. Cook. W. W. Standiford.
ID. VanSlyke and Geo. Geppert.
Sixth. The amoun: Of the capital stock of
this corporation shnu be ten Thousand dollars
and shall be divided into one hundred shares of
one hundred dollars each.
? CONSTITUTION.
Article l. The cepiial stock Of the Medicine
Lodge Building Association shall be Ten Thous-
and dollars, and shall be divided into one hun
dred shares OF One Hundred Dollars each.
/ Article2. The liability of the stockholders
/ of this corporation shall be limited TO and reg
u!ated by the laws of the state of Kansas.
/ Article 3. The capital stock Of the corpora-
/ ton may be increased by majority vote of the
stockholders at a meeting OF said stockholders,
I
| by order of the board Of directors.
ArtiCle4. This constitution may be amended
at any regular meeting of the stockholders by
a twO-thirds vote thereof.
| BY LAWS.
! The bylaws adopted provide as follows:
That the business of the association shall be
controlled by board of directors Of five mem
/ bcrs, who shall be elected each year In case
! of IAlunrV the hoari IN sI,o
The officers are president, vice-president,
secretary and treasurer; all officers to be elect
/ cd from among the stockholders.
/ The president, secretary and treasurer are to
constitute an executive committee who shall
have control OF. the collection and disburse-
ment of all monies belonging to the association.
The treasurer is to keep all the monies, notes,
bonds and other evidences of property Gcquir.
Cd by the corporation, and is required to give
/ bond fer the faithful performance Of his du
| ties.
| The corporation is required to have II general
Office ia Medicine Lodge.
The annual meetings of ;hs corporation arc
/ TO be held on tn. first Monday in January.
/ All stockholders are entitled to certificates Of
: stock. Tho stock shall be paid in installInents
, when demanded by the board OF directors
Each stOckholder shall Ec entitled TO one vote
/ for each and every share standing in his name
| on the books Of the corporation. and any stock
holder may appoint proxy in writing.
/ Dividends may be declared and paid out of
the net profits Of the association when deemed
advisable by the directors.
! The next business in order being the
/ election of u board OF tive directors, the
! following were placed in nomination
/ and elected in the order mentioned
! T.. W. Payne, W. W. Cook. W. W.
I StandlfOrd, ID. Van Slyke and George
Geppert.
The next question being on the sel9c-
/ tlOn of location for the building. w.
/ W. Cook suggested that propositions be
received.
". w. Standiford then submitted the
following proposition:
| MEDICINE IoDGE, Kansas, January eith. 1884
+, 10 the Medicine Lodge Building Association
We, the undersigned, oGer 10 donate to the
/ Medicine Lodge building Association, for the
purpose Of building thereon hotel and
other buildings. lots numbered -. - and 20 on
south Main strecet. in Medicine Lodge, and
each having frontage OF % feet on Main
street and depth OF $50 feet. We viii give
bond to make warranty decd "a the lots Ges-
cTibcd whenever the hotel Is built in accor,t
ance with the terms set out in the articles OF
subscription to the capital stock Of the Medi
cine Lodge Building Association. which forms
the basis for this organization.
STASDIFoRD, YoUMANs & Co.
J. W. McNeal thought that further
time should be given TO voters who
might want to submit propositions.
l.. W. Payne thought ample time had
been given, as every one knew that the
meeting was to select the location.
W. W. Cook said the call for the
meeting stated in plain terms that the
question of location would be consid-
! cred.
| On motion of Geo. Geppert the propo.
sition of Stamford, Youmans * Co.
was accepted by rising vote.
On motion Of W. w. Cook the thanks
of the association were rendered the do.
nors for their valuable donation.
/ No further business appearing the
meeting adjourned.