Semi=weekly graphic., 1896-11-25
WILL BE INVESTED IN AN ELEC.
TRIO STREET RAILWAY
AND WATER AND
LIGHT PLANT.
Meeting of Stockholders Held Yes
terday Afternoon. officers
Elected. -The En-
terprise Assured.

Al an eatly date Pine Bluff is t6
have an electric street railway sys
TEN and new water and light
plant. The owners of these enter
prises will be home capitalists.
A meeting of we'll known capital
lists was held Monday afternoon, for
the purpose of approving and adopt
ing articles OF interpretations for
the Pine Bluff Power and Transit
Company,
Mr.. J. B. Trulock was elected
chairman and Mr.. D. c. Bell secre-
tary of the stock holders meeting,
which at once proceeded to elect a
Board of Directors which consists
Of Messrs. W. H. Langford, ]. B.
York, NJ. A. Austin, W. L. De
Woody and r. NJ Galbraith. The
directory will consist Of nine mem
bers.
The articles of incorporation for
the Pine Bluff Power and Transit
CO., will be filed with the Secretary
of State today.
It is the intention Of the new COM
pany to apply TO the Council at its
next meeting for a charter to build
ard operate an electric street rail
way and to carry out other purposes
mentioned in the articles Of incor-
porption. Stock subscriptions ag-
gregating $50, 600 have already been
pledged.
The gentlemen interested in this
movement mean business, and when
a charter has been secured the work
of construction viii at once be begun
and rapidly pushed to completion.
The following are the details of the
new corporation:
Know all men BY these presents:
That the eorporaters hereinafter
named have this day, and by these
presents, formed a corporation I'M
der and in pursuance Of the laws of
the State of Arkansas, in that be-
half provided for Interpretations
for manufacturing and other lawful
business, and in evidence thereof,
do hereby execute the following
Articles of Incorporation.
First, The name of the said cor
porations shall be, pine Bluff
Power and Transit Company
Second, The corporators are W.
Il. Langford. S. Bloom. D. G. Bell,
j b. York, NJ. A. Austin, W. L.
Dewoody, r. VI. Gabraith.
Third, The place of business is
to be located at Pine Bluff, Arkan
sas, or such other place as may be
hereafter designated, and its offie-
for the transaction Of business shall
be in Pie Bluff, Ark, or at such
othec place as the Board of Direc
tors may select.
Fourth, The general nature of
the business proposed 10 be trans
acted by this corporation is the
building, equipping, establishing,
operating and maintaining water
works, electric, steam or hose pow
er street car lines, and the man
ufacture and supply OF electric and
gas lights, the buying and selling Of
real estate and personal property
and all necessary things Incident
thereto.
Fifth, The amount of the capital
stock of the said corporation shall
be one hundred thousand dollars Of
which two hundred and twenty-five
dollars has been subscribed by the
corporators aforesaid.
Sixth, The said capital stock
shall be divided into 1000 shares Of
the value Of twenty five dollars
each.
Seventh, The affairs id business
OF the corporation shall be conduct
ed and controlled by Board OF
Directors, consiating Of nine mem
bers, all Of whum shall be stock.
holders e the ee sttieil. ssaid
Board of Directors shall elect one Of
its members as President, and one
Of its members as Vice President
and shall, also elect a Secretary and
Treasurer.
Eighth, The first election fot
Directors shall be held immediatal,
after the organization of the corpor
alton, and said Directors shall serv,
Tor one year and until their success
rsos are elected.
Ninth, The Board of Directors ar
empowered to ordaln and establisl
all bylaws and regulations necces