The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1905-06-29
Notice OF Articles OF Incorporation Of
oskaloosa and Buxton Electric
Railway Com. any.


n hereby given that the undersigned
have associated themselves together,
and by authority Of Chapter !, Title
TX, OF the Code Of Iowa, and the laws
nmendatory thereto as {. corporation,
and have adopted Articles OF Incorpo'
ration, which provide as follows, to-
Wit
the name Of this corporation shall
be "oBKALdooSA AND BUXTON
ELECTRIC RAILWAY COMPANY"
It's principal place OF business shall
be- IN tho city of ogkalooga, Mahaska
county, Iowa,
The general nature Of business 10
be- transacted by said corporation
shall be 10 acquire, own, construct,
operate, lease and sell railways, street
railways, tramways and interurban
lines Of railway or tramways In the
State 81 Iowa, and 10 transport for
hire, passengers, baggage, mail, ex.
press. freisnt, produce, etc.
10 acquire, own, construct, operate,
LEASE and soil said railway cars, tram
cars, axturcs and aDpurtenances In.
cidpnt or necessary 70 the operation
thereof, and 10 operate the same by
electric or other power
10 acquire, own, construct, operate,
lease and sell electric machinery and
appliances, fixtures, appiianccs,wi
poles and other fixtures Or appliances
for generating, conveying, storing or
distributing electric current, energy
and Whatsoever machinery, fixtures,
apparatus or appliances that may be
necessary or convenient % enable it
70 supply light, heat and power, gen.
Grated by electricity or any sue.
stance. process or product now known
o. used or that may hereafter be dis.
cover !, invented or utilized for light.
Ing, heating or power purposes.
10 buy,acauirc take use, lease or sell
property, real, personal or mixed. TO
acquire BY purchase, or proceedings
under the right n eminent domain, the
necessary real estate for use 81 said
corporation
10 buy, sell or lease real estate
for any and MI purposes.
10 acquire, purchase, hold and sell
the capital stock 0f other corpora
tions, and 10 guarantee the bonds, de,
bcntbreg. inieplednegs Or dividends
0f any such corporations,
10 borrow money necessary 10 car
~ on rs business a. 10 secure the
came w bonds, mortgages or dceds Of
trust On its property Or any part
therkof
no construct, own. leaae and oDer.
ate telegraph ana telephone lines,
no consolidate its properties, rights,
franchiseg, privileges and assets or
any part of them, with any other cor.
Doration or company,
10 own, lease aud operate coal
mines, stone quaFrios and sand pits
ana 10 carry On said btt5ineBs and DO
such other things ~ may carry out
the objects of this corporation, IN.
crease ~ profits o. enhance the yaiue
" IT'S property,
Ths authorized capital stock Of this
corporation IL FIVE HUNDRED
THOUSAND DOLLARS, IN shares o.
One hundred dollars each, Of when
FIVE THOUSAND DOLLARS shall
DO paid IN when the company com.
fnsnces buginesa, and tho balance AZ
such time ag the board of Directors
xhaIf determine, said corporation
mall commence business June 1C, A.
b. 1905, and continue for a period Of
twenty years, ana snail have power
81 renewal.
The stock ~ this corporation may
he Increased upon compliance with
section 1910 Of tho Code 81 Iowa. no
stock shall be igsied until u "a fully
paid Tor.
me AFFAIRS Of this corporation shall
10 managed BY Board Of Directors
conaisting Of not Iesg than seyen,Dof
more than twenty-five members, who
ahall 30 elected BY and from among
flse gt0ekhoideFy ~ tho annual meet
Ing IN the 6fet Tuesday N June q