Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1900-10-11
AbstraCter Of Titles
LEGAL.
ARTICLES OFF INCORPORATION.

10 whom 1t may concern:
NOTICE is hereby, given that corporation
mas been organized under the laws of Iowa,
and the Articles recorded in Wapcllo County,
Iowa, and said articles, among other things,
con II IN substance the following provisions:
The name OF the corpot alton is "St. Paul
Coal Company" and its principal plsce of
business is fixed at Ottunwa, Wapello County.
Iowa. The general nature of the business to,
oe transacted Is to acquire, purchase, lease,
own, sell aud mortgage coal lands and other
lands in the state of Iowa and elsewhere, to
prospect for and mine coal and other minerals
ana generally to buy. sell, handle, deal in, and
market coal of all kinds, wood, and all kinds
OF fuel, natural or manufactured, to inanufac.
ture and market coke and other articles used
as iuei; 70 purchase, acquire, construct, and
sell all kinds of machinery, buildings, cars,
fixtures, apparatus aud appliances for mining,
manufacturing, and marketing. as aforesaid,
including the construction and operation of
railways and tramways for the mining and
moving of coal with all necessary and con-
yenieut side-tracks; the building and leasing
OF houses to be- used by miners, tenants and
others, including the purchase and sale of the
same; to purchase, sell, and deal in corporate
stocks OF other corporations authorized to
transact any OF the lines of business aforesaid,
including railway stock, and to exchange any
OF its unissued stock for stock in such other
corporations upon such terms as may be
agreed upon; to establish, own and conduct
mining stores, for the purchase and sale of
powder and general merchandise, including the
rig right 10 issue and redeem script and orders for
the convenience of its business, and to 10 such
other things as may promote the general pur-
poses OF the corporation but no corporate stock
OF other corporations shall be bought, sold, or
exchanged Tor. except upon previous authors
cation of the board of directors. The company
also has the power to acquire, own, hold, pur-
stocks, bonds, debentures or other securities of
any railway corporation, coal company, or
othe ,r, corporation or company, when the
STOCKHOLDERS OF the company deem such acts
advantageous to the company or its business,
and SO determine or decide at any stockho1d-
ers' meeting. The amount of authorized
100000 to be divided into 5000 shares of 500
each. 1,s00 shares shall be preferred stock,
and l,aoo shares common stock. Stock certi,
fcates shall be issued to subscribers only after
payment for the stock in full at not less than
par, as called for by the company, or provided
Tor in the subscription contract, either in cash
or real or personal property at a fair valuation,
to pc agreed upon and fixed between the corpo-
ration and subscriber for the stock or vendor
OF OF the property sold or exchanged for stock.
No fixed proportion of the authorized stock
need be subscribed before the company is
authorized to transact all the kinds of business
specified in the Articles, nor a subscriber
for because the entire authorized capital stock
has not been subscribed for or sold. Tie corpo-
ration Shall commence and date from Septetn-
Der Is, 1900, and shall endure for twenty i20)
years from said titne unless sooner dissolved.
Its All airs are to be managed and conducted by
apresident, vice.presdent, secretary, treas
urer and assistant treasurer, and by a board
of five directors, three of whom shall consti-
tute a quorum The directors are TO be elected
by the Stockholders at their annual meeting, to
be held on the first Wednesday in September
of each year, and hold Office for one year or
until their SUCCESSORS are elected and qualified.
The oficers are to be elected by the board of
directors from among the stockholders at the
annual directors meeting to be held just after
the adjournment of the stockholders meeting
each year, or at an Adjournment thereof, and
hold office for one year. or until their success
ors are elected aud qualified: The officers and
directors to manage the affairs of the company
until the first ANIMAL meeting are named in
the said articles. The highest amount of in.
debtedness to which the corporation is at any
time to subject itself shall not at any one time
exceed 500, 0,or twothirds of its capital stock,
and the private property Of the stockholders
and members OF the corporation is exempted
from corporate debts or any liability therefor
ST PAUL COAL. co.
By G. w. TRaER, President.
Attest: Don M. SuroR, Secretary.