The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1901-03-01
MORGAN. CARNEGIE D[AL..
Evidence Of It's Corn pletion Given in
the Filing OF Incorporation Pa
pers al Treason, n. J.
UNITED STATES STEEL CORPORATION.
The Initial capital d. Not >ers
Large. sut ccordlng ~ the tr-
,iclcs az Incorporation Th~.r -
rsrm., % Room. aad opr"rtanit,
for Expansion.


New York. Fcb. zo. Articles Of in
corporation 81 the nilcd states Steel
corporation have been filed AT the
o.l.cr CT the countA clerk Of hudson
county. New Jersey. This concern IL
the gigantic Morean-tarnege com
bine. The agent 81 the new corpora
tion ia New Jersey j. the Hudson
Trust Co. OF 81 York street, Hobo
ken.
Objects Of the Corporation.
The objects of the corporation are
10 manufacture steel. iron. COPPER
and other materials. and 10 own. oc-
cupy and develop mines and TO own
means Of transportation. The provi-
sion j. made thai the corporation
shall not own railroad in the state
OF New Jersey.
The incorporators are Charles {.
Cuff. NIS j. Curtis and Charles Mo
Neagh
fnitini capital Not Very Big.
The total authorized capital stock
is $1,000. divided into 30 shares of >l0C
each. The provision j. made that The
stocks may be increased at any time.
The papers were prepared by >tet-
son. Jennings 4 Russell. of New York.
and were witnessed ~ Francis Iyude
stetson and Victor Morawetz.
scope OF the Corporation.
The company's capital is divided
equally into seven per cent. cumula-
tive preferred and common stock. The
objects Of the company as set forth
al length in the incorporation papers,
are To manufacture iron. steel. man
ganese. coke. copper. lumber and 9TH
er materials. and all or any articles
consisting. or partly consisting. of
iron. steel. copper. wood or other ma
terial, or all or any products thereof:
to acquire. own. lease. occupy. use OF
develop any land containing coal. iron.
manganese. stone or other ores or oil
aud any woodland or other lands with
the purpose of the company; 10 mine
or otherwise extract coal. ores. stoae
or other minerals or timber; 10 buy
or sell such ores or the products there.
Of: 10 construct buildings. bridges.
machinery, ships. boats. engines. cars
or other equipments: railroads. docks.
ship elevators, water works. gas
works. electric works. viaducts. aque.
ducts. canals or other waterways and
means OF transportation. or TO sell OF
dispose OF the same. or 70 maintain
or operate the same. But the corpo-
ration shall not own railroad on
canal ~ the state OF New Jersey.
othcr Rights ~ranted.
The corporation sLaii also have the
right 10 apply for. obtain. acquire OF
dispose OF trade marks. trade names
Used in connection with The business
Of the company also the right to ac-
luire the stock. bonds or other obi
cations Of envy corporation engaged
n the same line III business. The
company may conduct business in The
United states and other countries.
and may keep books in other states
except such as are required by law
TO be kept in the state Of New Jersey.
Division Of the Capital stock.
The authorized capital stock is di-
Fidcd into Is shares of preferred.
amounting 10 $500. and Is shares OF
common stock. amounting TO n like
sum. From time 20 time the pre-.
ferred and common stock may be in
.reased according 10 law. and may be
ssued in such amounts and proper
tions as may be determined by the
directors Of the company. The pre-.
4 ferred stock shall be entitled 10 year
I n dividend Of seven per cent: The div.
lends 10 be cumulative. After the
4 liSidends on the preferred stock shall
have been paid the directors may dc.
u clare dividends on the common stock
OF Perpetual Duration.
The number Of directors. il mors
han three. shall be some multiple OF
three. The number may be increase
according 10 the bylaws. The dura
ton Of the corporation is perpetual.