The daily morning oasis., 1918-08-07
Articles of Incorporation
of the
American Railway Express Co.

FIRST: The name of this Corporation
shalt be the AMERICAN RAILWAY Elk
tRESS COMPANY.
SECOND: It's principal office or place
of business in the State of Delaware shall DC
located in the city of Dover. County Of Keat,
and its resident agent shall be the UNITED
STATES CORPORATION COMPANY, whose
address is 81 South State Street, In said
city. -
THIRD, The nature Of the business and
objects and purposes proposed to be trans
acted promoted and carried on, are as fol-
lows:
To engage in and carry on in the State Of
Delaware. and In and between any and all
e the States, Territories and possessions Of
the United States and the District Of Colun-
bia and adjacent foreign countries the
business of carrying and Transporting and
forwarding By railroads steamboats,, ships,
canals stages and other means of transper-
tation goods. wares, merchandise. money,
bills. notes. bullion, packages, parcels and
movable valuables of any description over
and upon such lines and routes az 1T may
from time to time establish, and in and be-
tween the points. places or stations at which
it may from time to time establish and con-
tinue agencies: and the said corporation 10
hereby invested with the powers necessary
and proper for said purpose, as well - me
powers incident and appropriate to express
carriers. and especially with full power to
give such security in the nature Of q general
transportation bond as may be required BY
the laws of the United States and the reGu-
laticns passed in relation thereto for trans
portation and delivery of dutiable mercAaa-
disc and other property in bond. from port to
mort in the United States, or through the
United States,
To take bonds of indemnity with or with
out security from the agents and employees. to
acquire by purchase, devise or otherwise
and to hold real and personal estate Of any
value to the amount necessary and proper for
the purpose for which 1t Is incorporated,
and to sell. mortgage or otherwise dispose
of the same.
To borrow. when necessary for the purpose
of its business, money with or without
pledge Of or mortgage on all or any OF
its property. real or personal, as security;
To take. hold and dispose of any mortgage
on real or personal estate; and to issue bonds,
debentures or obligations of the Corporation
from time to time for any Of the objects or
purposes of the corporation.
To have one or more offices to carry, on
any or all of its operations or business and
without restriction or limits as to amount
to purchase or otherwise acquire,to hold own
to mortgage. sell, convey, or otherwise dis
pose of real and personal property Of every
class and description In any of the states.ter-
ritories districts colonies possessions OF the
United States and in adjacent foreign coun-
tries. subject to the laws of such state, dis
.rict. territory. colony, possession or country,
To enter into. make, perform, and carry
out contracts of every kind for any lawful
purpose without limit as to amount with any
person. firm. association corporation; and
to act as agent for any person, firm assccia-
ton or corporation for any lawful purpose !:
and to do a general collection business.
The foregoing clauses shall be construed
both as objects and powers, and 1t Is hereby
expressly provided that the foregoing enI-
meration of specific powers shall not be held
| to limit or restrict In any manner the pow
ers of this corporation.
In general, to have and to exercise all the
powers conferred by the laws Of Delaware
upon corporations formed under the laws Of
said State.
To purchase. hold and reissue any ef the
shares of its capital stock
FOURTH. The total authorized capital
stock of this corporation is Forty MiilioB
Dollars (s4O, Gee. oOo), divided into Four
Hundred Thousand (4oO, OOo) shares. of par
value Of One Hundred Dollars ($lee) each. |
The amount of capital stock with which
the corporation will commence business 10
Thirty-three Million Dollars ($Ss. eeo.oes.) /
The names and places of residence Of each
If the subscribers to the capital stock are al
follows; /
NAME RESIDENCE
William M. Barrett, 272 West seth st.. New
York City, N. Y. ~
George C. Taylor, s2s Cliff Ave. Pelham
Heights, N. Y,
Burns D. Caldwell, 81 High Street. Orange,
N. ].
The existence of this corporation is to be
perpetual
~"S PAA'o"S pAopoHG "a Inc bt0ckn0l0ef0
shall not be subject to the payment Of cor
porate debts to any extent whatever. "a
The Directors shall have power to make
and to alter or amend the Bylaws: to fix the
amount to be reserved as working capital
and to authorize and cause to be executed
mortgages and liens without limit az to
amount, upon the property and franchises
Of this corporation,
The Bylaws shall detsrmine whether and
to what extent the accounts and books Of this
corporation (other than the stock LEDGER or
any Of them, shall be opened to the inspec-
ton of the stockholders: and no stakeholder
shall have any right of inspecting any ae-
count, or book, or document Of this Cor
poration, except as conferred by law or the
Bylaws, or by resolution of the stock
holders. g.
The stockholders and directors shall
have power to hold their
meetings and keep the books, docu-
ments and papers of the corporation outside
If the State of Delaware at such places as
may from time to time be designated by the
Bylaws or by resolution of the stockholders
or directors
The Directors shall have power. by a reso-
luton passed by a, majority vote Of the whole