Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1900-09-27
Articles OF Incorporation.

Articles ofIncorporation.
BE it remembered that the under-
signed, with the intention and for the
purpose OF forming corporation un-
der and by virtue of the laws of Iowa.
have associated ourselves together, as
provided by law, and have agreed upon
and adopted, and hereby adopt for the
government of such corporation, the
following articles of Incorporation:
ARTICLE NAME AND PLACE OF
BUSINESS.
This corporation shall be known as
the Omaha Ticket Company, of Mis-
sour, Valley. Iowa. Its principal place
of business shall be in the city of MIS-
souri, Valley. Harrison county. Iowa.
ARTICLE L PURPOSE AND NATURE
OF BUSINESS.
The purpose of this corporation and
the general nature of the business IA
be transacted by it shall be the mann
facture. printing and furnishing tick
cts, in all the desired forms, for Rail
road companies, Street Gar companies,
Theaters, Fairs, Expostions, Steam.
boat lines, Driving associations pnd
all other Companies. Corporations. Per-
sons, Firms or Associations under
whatever name or nature using trans
portation. admission, advertising ar
other kinds of tickets, coupons, checks,
and all other paper or printing re-
quired by or incindental to any and all
of such .nslness pursuits and pur-
poses, including general printing. adj
vertising and all such work and mater
ial AS may he necessary or incidental
to any and all the purposes above
named.
ARTICLE III POWERS.
This corporation shall, under the
general law and the rights herein re-
own, hold, cucumber and dispose uf all
such real estate as may he necessary
or proper in conns elton with the gen
eral business to be transacted, and
such as may be necessary or proper Ia
its protection i'm the way of security,
protection or any other purpose pror-
erly incidental to said business. Ii
shall have power to purchase, own,
hold, use, cucumber and dispose of any
and all personal property of every de-
scription necessary and proper to the
conduct of Its business, or incidental
to the general security and proper con-
duct of the corporation. 1t has power
to appoint its proper officers as lndi-
Gated in these articles, and such other
officers, from time to time, as may he
found necessary or advisable in the
conduct of its business and to employ
such assistants as the business may in
any manner require, and through its
proper officers TO enter into all con-
tracts of every description necessary
or incidental to the proper conduct of
| its business
ARTICLE IV.-CAPITAL STOCK AND
TERMS OF PAYMENT.
The capital stock of this corporation
is Eight Thousand Dollars (S8OOOO0,)
one-half of which has been paid in
cash, and the remaining portion shall
be paid in at such times and in such
amounts as the Board of Directors
herein provided for may require, but
the shares of stock of said corporation
shall be non assessable beyond the
amount unpaid on the par value
thereof Said capital stock shall be
divided into shares of One Hundred
Dollars (Sl(0OO) each, and each stock
holder shall be entitled to certificate
showing the number of shares owned
by him which shares may be transfer.
red or assigned by proper endorsement
and transferred upon the books of the
corporation, provided that no stock
shall be assigned on which any assess
ment for any portion of the par value
is unpaid, without the unanimous con
sent of the Board Of Directors.
ARTICLE WINE OF COMMENCE
MENT AND TERMINATION.
This corporation shall commence
business October LIST, 1900, or as soor
thereafter as proper certificate is OBJ
tained and shall continue in business
for period of twenty years with the
right of renewal as now or hereafter
provided by law. unless sooner dissolved
as herein provided. This corporation
may be dissolved prior to the time
above fixed for its termination by the
Unanimous consent of all the stock
holders, or by two-thirds' vote of al
the stock outstanding at such time OF
which all payments have been made as
required by the Board of Directors anc
upon giving such notice as is required
by law.
| ARTICLE VI.-D1RECToRs AND oFEI
GERS
The affairs of this corporation shall
be conducted by Board of four Direct
ors who shall be elected by the stock
holders annually hereafter, on the frs
Monday in October of each year, pro-
vided that the Board Of Directors al
stated in these articles shall continue
lin office until the first Monday in
October, 1901. The Board of Director.
shall have the power to elect the of1ic
ers hereinafter named and such othel
officers as the business may demand
and except as herein provided the pow
ers of such officers shall be only as
provided in the bylaws or such as may
be conferred from time to time by TIN
Board of Directors. Such officers shall
be elected as soon as practicable after
each annual meeting of the stockhold
ers to be held on the first Monday il
October of each year and all Directors
and officers shall continue in office un-
til their successors have been elected
and the Board may by three fourths
vote at any time remove any officer
and elect his successor without notice
ARTICLE Vll.-1NDEBTEDNEsS.
The Indebtedness of this corporation
shall at no time exceed 25 per cent Of
the capital stock, and private property
of the stockholders is exempt from al
corporate debts, nor shall any Officer
or stakeholder be personally liable fo
any debt contracted by or in behalf O.
said corporation.
ARTICLE VIII.-oFFICERs AND D1
RECTORS.
The first Board of Directors of thi
corporation. and such Board shall cor