TaÌˆgliche Omaha tribuÌˆne. [volume] (Omaha, Nebr.) 1912-1926, 1916-08-08

s@AAeH N& NA&A&1V NtR8& 49, 80 ~
articles of incorporation.
NAME.
The name Of this corporation shall
be and is the @0maha Musik-Ver-
elm.
THE PRINCIPAL PLACE or
TRANSACTING ITS BUSINESS.
The principal place Of tr~ansacting
its business shall be in the city OF
Omaha, County of Douglas, State Of
Nebraska.
PURPOSE AND OBJECT.
The purposes and object Of this
corporation shall be the promotion
OF and the management Of musical
festivals and social entertainments
and to provide, lease, furnish and
manage buildings, grounds, halls and
apartments for the entertaining and
holding Of musical festivals and
social entertainments and FOR the
purposes of promoting the art Of
singing and playing on all kinds 81
musical instruments and for these
purposes 10 provide the necessary
funds and to make and enter into
contracts and exercise all powers and
functions necessary for the purposes
above stated.
CAPITAL STOCK.
The capital suck of this corpora
ton shall be the sum of fve thou
sand ($5, 100000 Dollars, divided into
Id thousand shares at Five Dollars
each and shall be worcestershire.
There shall be issued to each person
one share of stock and no more, and
no person shall become the owner
of more than one share of stock and
the same shall rot be agsignahle.
The par value 0f each share Of
stock shall be paid in full ID cash
by each member al the time Of join
ing this corporation. In considera-
ton Of the initiation fee heretofore
paid BIZ each member OF the Omaha
Musik-Verein each member In good
standing at the time of the COM
mencement Of this corporation shall
be entitled to che share of stock
without any further payment. and
said member shall be credited with
one share of stock. Said corpora
ton may proceed I'd transact BUSH
ness when Fifty shares of its capital
stock shall have been issued.
In case any gtockholder shall fail
to pay his regular dues, as provided
for in the by-laws, his share Of stock
shall become forfeited To the cor
poration and tbs said party default
ing shalt lose any and ali rights
created hereunder to the stock SO
forfeited and it shall become the abb
solute property DIT the corporation
and if the said member fails to de-
liver his said share of stock To the
duly authorized representatives of
the said corporation for cancellation
the said stock So on record and is
sued To the said member shall BE-
forthwith cancelled on the records
.of the corporation and the party
withholding the said stock certificate
shall have, in any event, no further
rights Hereunder.
LIABILITY AND INDEBTEDNESS.
No incorporation or stakeholder
shall at any time be personally liable
Tor any debts Oh liabilities OF the
corporation. Tho greatest amount
of indebtedness to which this cor
poration shall subject itself shall hot
exceed the sum Of two-tkirds OF its
capital stock.
LIFE AND COMMENCEMENT.
The time Of commencement Of this
corporation shall be and is the lst
day Of june, 1915, and shall ter
inmate on the 3fst day of Nav,
1866. The corporation may coni-
memo business ais soon as fifty
shares are subscribed and paid for.
AFFAIRS Oh CORPORATION.
HOW MANAGED.
The management Of this corpora
ton shall be vested ID ABOARD Of
not less than ten (1O) directors,
from whom the stockholders shall
elect q President, Two Vice-presi
dents, q Corresponding Secretary, 4
Financial Secretary and a Treasurer.
An Assistant Secretary, II needed,
shall be elected By the Board De
Directors who may be-, but may not
be 4 member Of the Board of Direc-
tors. The Board ~ Directors shall
be empowered II Gx the dues and
shall have the bower To forfeit AhpI