Holbrook argus., 1912-07-30
AN ACT TO INCORPORATE PULL MANS PALACE CAR COMPANY

People of the State of Illinois, repre- sented in the General Assembly, that George M. Pullman, John Crerar, and Norman Williams, Jr., and their asso- ciates, successors, and assigns be and are hereby created body polite and corporate under the name and style of "Pullman's Palace Car Company with all powers, rights, privileges, and immunities incident to corporations and necessary or useful for the pur- poses of this act.
 PROVIDED. That if the corporation created by this act shall not organize within one year after the passage here of, then this act shall be null and void
 SECTION 2 Tue capital stock of the said company shall be one hundred thousand dollars and be devided into shares of one hundred dollars each, and it may be increased from time to time as a majority of the stockholders may direct, and shall be issued and transferred in such manner and under such conditions as the directors of said company by the bylaws thereof pre- scribe.
 SECTION 3. The corporate powers of said company shall be vested in and exercised by the board of directors, consisting of such number of persons, not less than three nor more than seven, as the stockholders of the said company may from time to time direct The said directors shall be chosen by the stockholders at such time and place as may be fixed by the bylaws of said company, and shall hold their offices for one year and until their successors are elected and qualified. Tehy shall elect one of their number president of said company, and may fill any vacan- cy in the said board occasioned by death, resignation or otherwise, for the unexpired portion of the term of office so becoming vacant, and may make such rules, bylaws, and regulations and appoint such officers and servants as they may from time to time deem expe- dient. Until an election of directors as herein provided, the persons named as corporators in the first section of this act shall constitute board of di- rectors, aud shall have and may exer- else all the powers of such board.
 SECTION 4. The said corporation shall have power to manufacture, con- struct, and purchase railway cars, with all convenient appendages and supplies for persons travelling therein, and the same may sell or use, or permit to be used, i'll such manner and upon such terms as the said company may think fit and proper.
 SECTION 5. This said corporation shall have power to borrow money, and may secure the payment of the same by deed of trust, mortgage, or other se- curity.
 SECTION G. It may be lawful for the company hereby incorporated to purchase. acquire, and hold such real estate as may be deemed necessary for the successful prosecution of their business, and may have power to sell and convey the same.
 SECTION 2. This act shall be deem- ed public act and shall take effect from and after this passage
 F. CORWIN, Speaker of the House of Representa- tives.
 uTM DDnCS Speaker of the Senate. Approved Feb. p, 1867.
 R.J. OGLESBY.
 UNITED STATES OF AMERICA.
 STATE OF ILLINOIS
 OFFICE OF TIE SECRETARY Or STATE
 I, c. J. Doyle, Secretary of State of the State of Illinois, do hereby certify that the foregoing is true copy of an act entitled, "An Act to Incorporate Pullman's Palace Car Company, ap- proved and in force February 22nd, 1867, the original of which is now on file in my office; and do further certi- fly that in accordance with the laws of the State of Illinois the name of the said corporation has been changed to 1.-The Pullman Company, as appears from the. records in my office, and that the records of my office show that the capital stock of said corporation is now $120 100000.
 In witness whereof, hereunto set my hand and affix the Great Seal of State at the City of Springfield this Sth day of July, 1912.
 (Signed) c. J. DOYLE
 Secretary of State.
 GREAT SEAL)
 OF STATE
 OF ILLINOIS