The record-union., 1893-04-03
MONEY FOR FACTORIES.
How the Industrial Association Hopes
to Raise 1t.
Property Owners Asked to Pay One
HaIf Cent on Each 500 of Prop
erty for Four Years.

night as to what plan it should adopt in
pursuance of its purpose to invite, and If
possible secure, the settlement here OF
additional manufacturing enterprises.
The articles of incorporation were pre-
pared and will to-day be filed with the
County Clerk and the Secretary of State.
These articles perhaps explain sufficient
ly the aims and objects of the association
and the scope of it's operations.
Briefly stated, however, the associa-
ton has decided to give every property
owner in the city an opportunity to say
whether or not he will subscribe sum
equal to tax of 2 cents on each 500 OF
mis- taxable prOperty-on the basis OF the
city assessment roll-such subscription
TO be divided into four annual payments
of one-half cent per annum. In other
words, property owners are TO be asked
to pay to the association Ito be used as
bonuses TO manutacturers) yearly sum,
for four years, of one-half cent on each
500 of their taxable property.
1t was decided, as the more practicable
method of arriving at the verdict OF the
people. to mail to each person printed
note Of hand, with request to sign ana
return it by mail, or otherwise, to the d.
rectors of the association, who Will make
que ACKNOWLEDGEMENTS IueItOls dlNi Nplo-
sumably) give the maker of the note the
proper guarantee as to the disposition to
be made of the money.
ARTICLES OF INCORPORATION.
RaolO All Men by These Presents:
That we, the undersigned, majority OF
whom are citizens of the State of Califor-
mia, have this day voluntarily associated
ourselves together for the purpose OF
forming a corporation, under the laws OF
of a haraDV
certify:
kirst-That the name of said corpora
tion shall be the Sacramento Industrial
Improvement Association.
Seoond-That the purposes for which it
is formed are to admit, elect, suspend and
eXpel members in accordance with its
laws, rules and regulations; to promote,
foster, aid, encourage, assist and help, and
to procure the establishment and main
tenance OF, and to contribute to the sup
port OF manufactures and industrial en-
terprises TO be established III, at or near
the city of Sacramento, in the county of
Sacramento, and for that purpose and OBJ
ject to buy, sell, own, hold, exchange,
mortgage, improve, cucumber, lease and
convey real estate and personal property,
and to make any contract or agreement
relating to the same that may be deemed
wise or eXpedient; to give, donate and
convey money, property or other things
of value to any person, firm, company or
corporation to carry out or assist III carry
ing out any of the purposes aforesaid; TO
loan and borrow money and TO receive
and give assurances, evidences OF lndebt-
edness and securities therefor; to collect,
receive and hold grants, gifts, money and
property, and to make all contracts and
agreements necessary or proper to carry
out or assist in carrying out said purposes
or any of them and to do every act
and thing necessary or proper or
convenient for accomplishing or aiding
in accomplishing said purposes or any OF
them. But said corporation or the di-
rectors thereof shall have no power to
vote or appropriate any sum of money OF
other propertysto themselves, or 10 any
officer of the corporation, for services,
but said corporation may employ such
clerks and employees as may be necessary.
Upon the dissolution of this corporation,
or upon the expiration of its term OF
existence, all its assets and property then
remaining shall be transferred and con-
veyed to the city of Sacramento, to be
expended by said city in its discretion
for any municipal improvement. AL
directors and officers OF this association
shall be residents of the city of Sacra'
mento.
Thlrd-That the place where the princi
pal place of business OF said corporation
is to be transacted is Sacramento City
Sacramento County, California.
Fourth-That the term for which sale
corporation is to exist is ten years from
and after the date of it's incorporation.
Fifth-That the number of directors ol
trustees of said corporation shall bt
eleven, and that the names and residences
of the directors or trustees who are ap
pointed for the first year, and to serve
until the election and qualification o
such officers, are as follows, to wit: d
Lubin, c. II. Hubbard, L. Tozer, w. A
Curtis, J. II. Arnold, +. j. Gregory, c. A
Luhrs, j. o. Coleman, William Land
w. f. Gormley, John Breuner, all o
Sacramento City.
SiXth-That pecuniary profits is no
the object of said corporation, and there
fore it has no capital stock, and none ha
been subscribed.
Seventh-That on the 1st day of April
1898, at regular meeting of said corpora
ton, held at the hour of s o'clock P. NJ
OF said day. at its place of meeting, Nc
2l4 j street, in the city of Sacramento
at which meeting majority of tn
members of such association, to wit
twelve members out of the eighteen
members, were present and voted at sue
election, it was resolved and determine
that said association should incorporat
under the laws of the State of California
and at such election, held at such tim
and place, a majority of the members {
said association, to wit, all OF then
elected the persons hereinafter named
to wit: d. Lubin, c. II. Hubbard,
Tozer, w. a. Curtis, ]. II. Arnold, f. J.,
Gregory, c. y. Luhrs, j. .. Coleman
William Land, w. L. Gormley and job
Breuner, as Directors for the ensuin
year, in accordance with the rules, regu
iations and bylaws of said association
and that such election was conducted b
the following officers, to wit: ID. Lubi
and George B. hatzenstein, who are re
spectiVely President and Secretary
such association, and by +. +. bray, wh
was appointed and elected as teller
such election.
In witness whereof, we have hereunt
set our hands and seals this lst day
April, a. d. 1893. Signed: d. Lubil
{. IL. Hubbard, Lewellyn Tozer, c. 4
Luhrs, J. o. Coleman, William a. Curti
J. II. Arnold, L. L. Lewis, George ]
Katzenstein, +. X. Dray, Eugene .
Gregory. Benjamin Welch, w. F. Corn
ley, John Breuner, William Land, Robe
Il. Devlin, p. c. Drescher, George \
Mott. Then follows the usual affidavit
required by the codes.l
CONSTITUTION, BYLAWS AND REGULl
TIoNS.
1. The name OF this association shall |
the Sacramento Industrial Improvemel
Association.
II. 1t shall be composed of such pc
sons as shall. by such mode as it ms
prescribe, contribute to the objects of Il
association, and its object shall be to az
nit. elect, suspend and eXpel membe
in accordance with its rules, laws an
regulations; 10 promote, foster, aid, ell
courage, assist and help to procure ii
establishment and maintenance of, and
contribute to the support of manufac
ories and industrial enterprises to be e
1abIished in, at or near the city OF Sacr
mento. in the county OF Sacramento, al
for that purpose and object to buy, Sc
own hold exchange, mortgage, improy