The Frankfort roundabout. [volume] (Frankfort, Ky.) 1882-1908, 1891-05-09
ARTICLES OF INCORPORATION
PEAKS MILL :. / !. ]. @.

| HNOw ALL MEN BY THESE PRESENTS
! N that We, the undersigned directors, and our
! associates do hereby agree TO and adopt the fol-
| lowing articles of incorporation.
Sec. J.. The style of this company shall be the
Peaks MIL, +. L. U. MIL Company.
sec. 2. The principal place Of business shall be
Peaks MIL Franklin county, KY, and the bust
ness to be conducted by the company is the
manufacture OF Hour and meal Tor custom and
| merchandise.
See. 3. The company shall have power to have
| perpetual succession, to sue and be sued by the
corporate name, TO have common seal and
| alter the same at pleasure, to render the shares
or interests or Stockholders transferable and to
| prescribe the mOde Of making such transfers, to
| make contracts, acquire ana transfer property,
possessing the same power in such respects as
| private individuals now enjoy; 10 establish by
| laws anI MAKE all rules ana regulations deemed
expeilent iot the management OF their Affairs
| not in consistent with the laws OF this state or
or the United stats. ana to have all the powers
granted 10 such corporations by Chap. So OF the
General statutes of Kentucky and amendments
thereto. IL snail have power to make and enter
into any aud all contracts, agreements, undertake
inys purchases and sales pertaining TO said bust
ness, 10 Sign, lndorSe, execute and deliver
notes, drafts, bills, bonds and other writ
ings, 10 borrow money ana make advances OF the
same, with power 10 mortgage It's property for
such purposes and to DO al and singly the
things above mentioned and those which now are
or may hereafter become necessary for the proper
transaction OF the business of said company
In so far as the same is right and authorized by
law.
Sec. T. The capital stock of the company shall
be six thousand dollars te6OUO divided into
(l20O twelve hundred shares of S5. OO I'VE dollars
each to be paid for as ordered BY the Board Of
Directors hereinafter provided for No person
shall be allowed to hold or own any Of the stock
OF said company unless he be O member In good
standing OF the Farmers and LabOrers Union.
Sec. g. The private property shall be exempt
from execution or attachment for the debts OF
Sec. 6. The officers of the company shall con-
slst OF Board OF seven Directors, who shall be
chosen annually Oh the first Saturday of May. and
fha mr. md nf tatt N L.
Hammer, L. N. Rambo, j: N. Parker d. O.;
Thompson, ". VI. Hayden, l. ID. Poindexter and
G. q. hocsensmith snail serve until the FIRST sat
urddy OF May 1892. The President, Vice Presi-
dent Secretary and Treasurer shall be members
OF the Board OF Directors.
Sec 2. The Board OF Directors shall elect a
business manager and BOOK Keeper, who shall
make report at the end of every month show
Ing the exact condition.
sec. B. The highest amount of Indebtedness
to which the company may at any time subject
Itself shall not exceed three thousand dollars,
(S3oO0j, and the company may commence busl-
ness when one half OF the capital stock shall
have been subscribed for and shall continued for
tWenty-ii years, unless sooner dissolved.
Sec .. The charges for toll shall not exceed
the rates prescribed by law for steam mills.
Witness our hands this I'd day y, Of NAY lsgl ru
l.. ID. POINDEXTER,
PC ThOMPSQN,
j NJ. PARKER,
EN-. RAMBO,
L. HANNEN,
Directors.
STATE OF KENTUCKY, / Cor
COUNTY or FRANKLIN. ! ooi.
|, N. b. Smith, Clerk OF the County Court for
the County and state aforesaid, DO certify that
the foregoing articles of incorporation were on
the 4th day OF May, 1891, produced to me- In said
county and acknowledge before me by c. Il.
Hockensmith, W: ~ Hayden. ID. C.. Thompson,
d. Pondexter to be their act and deed. where
upon the same, together with this certificate,