Heppner gazette. [volume] (Heppner, Morrow County, Or.) 1892-1912, 1906-02-22
OREGON
NORTHERN
First Annual Meeting of New Rail.
road Coz Ompany..Omcers are
Elected.

The first annual meeting OF the stock
holders of the Oregon Northern Railway
the promoters of the proposed line from
Hardman down through the Eight Mile
and Gooseberry wheat belt and into Gil.
liam county with terminal point at Bla-
lock, was held at the Office of G. E.
Woodson, in this city, Tuesday after
noon.
This company is composed principally
of farmers residing in the district through
which the proposed line will run. Ar
ticles OF incorporation have already been
filled with the Secretary of State.
The capital stock is placed at $25. 900.
and is a start to establish permanent
survey end for the securing OF right Of
way and other necessary preliminary
work.
Of the $4,000 capital stock $17 , ,25O 90
have already been Subscribed. At Tues
days meeting nearly all of this stock
was represented in person and by proxy.
It was representative meeting with
large atten dance, especially from
Eight Mile and Gooseberry.
W. J. Mariner, of Blalock, and others
interested In the proposition were pres
ent.
The meeting was strictly Of business
nature. There were no speeches, every
thing being cotined to the transaction
of the necessary business that came be-
fore the meeting.
The temporary officers elected were:
G. E. Jones, chairman, and G. E. Wood
son, Secretary.
The first order of business being the
roll call of stockholders, took some time.
Each stockholders name was called and
the number Of shares of stock stated
after each name.
There are ,25O shares of stock with a
par value of $40 per share. Among the
largest stockholders are Mr.. and Mrs.
A. L. Ayers.
The notice OF the call for the meeting
was read by the secretary, and by mo-
ton was placed on file as part of the
records of the meeting.
The articles OF incorporation as certi-
fed to by the Secretary of State were
read and by motion were also placed on
file as part Of the records.
Secretary Woodson read the bylaws
of the corporation. This proved to be
lengthy document, covering the entire
scope OF the desired object. The by
laws were first read as whole and later
were adopted by sections.
The only discussion of any note was
over the election of directors.
1t was finally decided to place the
number of directors at five, taking geo.
graphical location as basis for the Sc
lection of the directors, in order that the
principal districts could be represented
by residents of these districts.
As in the transaction OF all the bust.
ness, absolute harmony prevailed in the
ocicCtlOu 6uu ol6CClOu Vi tu0 i've ulToCt-
ors.
Only one name from each district was
submitted and the iormality OF ballot in
general was dispensed with. BY motion.
in each election, the rules were suspend |
ed and the directors were elected by the
secretary casting the ballot.
The directors elected are as follows:
Hardman-John Adams.
Eight Mile-C. E. Jones.
Gooseberry and Ione-C. J. Anderson.
Olex-W. L. Toby.
Blalock-W. J. Mariner.
The directors held meeting Tuesday |
evening and the following officers were
elected:
W. j. Mariner. president; C. z Jones,
vice president; G. +. Woodson, secre |
tiry; Geo. Conser, treasurer. c, f.
Jones was appointed as general superin-
ten1ent.