The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1905-07-13
Neiles " Articles N incorporation u
oshalveaa and nvssen Nlsesfle
HALLWAY t,mnni aNN,

onkAlwuna ana mWKseh Nitntfie
Railway ceml any,
To whon II hay Concerns Notice
"a hereby nIypn that the undersigned
have associated themselves together,
and ny authority o. Chapter I. Tltle
Ixa " thu Code Of Iowa, and the lawn
nmendatofy thereto. 40 l. corporation.
and have adopted Articles Of lncorpo.
ration, which provide m fvllowr, 10.
wit.
The name II this corporation shalt
be "oskAI,oosA AND BUXTON
ELECTRIC RAILWAY COMPANY"
It's principal place " business shall
be IN the City OF oskaloosa, Mahassa
county, Iowa.
The general nature IL buslnnns 10
be transacted by said corporation
shall be 20 acquire, own, conatruct.
operate, lease and sell railways, street
railways, tramways and interurban
limos Of railway or tramways In the
Stato OF Iowa, and 10 transport for
hire, passengers, baggage, mail, OK.
press, freight, produce, etc.
1 ~ hSihhbi VWHt IUubtTutL, operate,
lease and soil said railway cars, tram
cars, fixtures and appurtenances in.
cidont or necessary 70 the operation
thereof, and 20 operate the same by
electric or other power.
TO acquire, own, construct, operate,
lease and sell electric machinery and
appliances, fixtures, appliances, wires,
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 10 enable it
TO supply light, heat and power, gen.
Grated by electricity or any suO.
stance, process or product now known
or used or that may hereafter be dis.
cover, d, invented or utilized for light
Ing, heating or power purposes.
TO buy acquire, take, use lease or sell
property, real, personal or mixed. TO
acquire by purchase, or proceedings
under the right OF eminent domain, the
necessary real estate for use Of laid
corporation.
TO buy, sell or lease real estate
for any and all purposes.
TO acquire, purchase, hold and cell
the capital stock OF other corpora.
tions, and 10 guarantee the bonds, Dc.
bcntures, inIeDtedncss or dividends
Of any such corporations.
TO borrow money necessary 10 car,
~ on It's business a.d 10 secure the
same by bonds, mortgages or decds Of
trust on It's property or any part
thereof
TO construct, own, lease and oper.
ate telegraph ana telephone lines.
TO consolidate its properties, righty,
franchises, privileges and assets or
any part Of them, with any other cor.
poratlon or company.
10 own, lease and operate coal
mines, stone quarrins and sand pits
and 10 carry on said business and DO
such other things al may carry out
the objects Of this corporation, in.
crease its profits or enhance the value
Of It's property.
Tho authorized capital stock Of this |
corporation IA FIVE HUNDRED
THOUSAND DOLLARS, in shares OF
one hundred dollars each, Of which |
FIVE THOUSAND DOLLARS shall
be paid in when the company com.
mcnccs business, and thD balance at
such time ag the Board OF Directors |
shall determine. 5aid corporation |
shall commence business June 1e, A. |
d. 1905, and continue for a period OF
twenty years, ana snail have power
Of renewal
The stock OF this corporation may
be increased upon compliance with
Section 1910 Of the Code Of Iowa. No
stock shall be isgrcd, until II is fully
paid for.
The affairs Of this corporation shall
DO managed by O Board Of Directors
consisting Of not less than seven, nor
more than twenty-five members, who
shall DO elected by and from among
the stockholders re the annual meet.
ing on the first Tuesday In June Of
each year.
AZ said election zach stakeholder
snail DO entitled 30 cast one vote Tor
each share Of capital stock owned by
him, or a fraction OF vote for a
fractional share, In person or by writ.
ten proxy filed with the secretary at
or before the time the meeting con.
yeneg.
Until the regular meeting IN 1906,
tho following named persons shall be
Directors:
II, l.. Spencer, George Kalbach, Sam
Baldauf, g. IL. Lofand, W. II. Lacey,
Chag. Huber, marry II. 0'Neill, r.. B.
Bhafcr, W. w. Williams and j. ".
Springfield. Az each annual meeting,
beginning with tho meeting OF 1906,
the ztockhoIdcrg shall by resolution
direct the number Of directors for the
ensuing year, which number shall
not be less than seven nor more than
twenty-five, and such resolutions shall
also hx the number OF directors fieces.
gary for quor. q.
gUeciai meetings OF ff1e gtockhoId.