Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/44763/
Timestamp: 2019-08-21 08:31:09
Document Index: 627835631

Matched Legal Cases: ['§ 2', '§ 3', '§ 4', '§ 5', '§ 6', '§ 2', '§ 3', '§ 4', '§ 5', '§ 6']

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228 MINING   COMPANIES.
§ 2.. That Augustus Jones, Freeman Desloge, John S. Brickey, Wiltiani
Milan and Wm. H. Stewart, of the town of Potoso; James H Relfe, James
Farquhar, James S. Evans and Myers F. Jones, of Caledonia; John C. Ree(j
and William W. Smith, of the Old Mines; and Reuben Smith, F. Manning
and John C. Scott, of Fourche Courtois, be, and they are hereby authorized
to open books of subscription at the different places above named, for the
capital stock of said company, on the third Monday of March next, and keep
them open from ten o'clock, A. M., to four o'clock, P. M. of said day, and for
three successive days thereafter; and if, within three days thereafter, one
thousand shares shall be subscribed for, it shall, and may be lawful for the
subscribers to meet (after at least fifteen days' previous notice shall have been
given, by advertisement put up at four of the most public places in the comity,) at the court house in Potosi, and choose eight directors for the manage-
merit of said company.
§ 3. That no subscriber shall be permitted to vote at said election for directors, unless he shall have paid, or secured to be paid, to such person as may
be chosen by the commissioners named in the second section of this act, or a
majority of tbem, treasurer of said company, for the time being, five dollars
on each and every share he may have subscribed.
§ 4. That when said company shall be organized by the election of eight
directors, and shall choose from their number, one to act as president, they
shall be considered a body politic, by the name and style of the "Washington
County Mining Company," and by that name shall have succession, maysue
and be sued, answer and be answered, in any court of law or equity in this
State; may have a common seal, and such by-laws and regulations as may
be found necessary for the government of said corporation, employ such agents
or persons necessary and proper for exploring or conducting operationsin
mining, smelting, or any operations connected therewith; and may purchase,
hold, or convey such real estate, as they may think proper: Provided, its
original cost shall not exceed the sum of one hundred thousand dollars, and
the stock of said company shall be considered personal property; shall be assignable and transferable according to such rules and restrictions as the board
of directors shall, from time to time, make and establish; subject, however to
the general laws of the State of Missouri.
§ 5, That if the said thousand shares shall not be taken within the time
prescribed in the second section of this act, then it shall be lawful for the commissioners, or a majority of them, to re-open the books at such times arid places as they may think proper, and continue them open until said amount of
shares shall be taken.
§ 6. The aforesaid mining company shall not carry on any mining or
smelting operations, or any operation connected therewith and appertaining
thereto, or any other business authorized to be carried on by said company
by this act, within the limits of Franklin county; nor shall said mining company be authorized to hold, purchase or convey any real estate lying hi
Franklin county, nor shall said company be permitted to lease any real estate,
or hold any personal property in said county of Franklin.
Approved, Jan. 14,1837-
Identifier LAWS_9th_1836-1838_0228.tif
Transcript 228 MINING COMPANIES. § 2.. That Augustus Jones, Freeman Desloge, John S. Brickey, Wiltiani Milan and Wm. H. Stewart, of the town of Potoso; James H Relfe, James Farquhar, James S. Evans and Myers F. Jones, of Caledonia; John C. Ree(j and William W. Smith, of the Old Mines; and Reuben Smith, F. Manning and John C. Scott, of Fourche Courtois, be, and they are hereby authorized to open books of subscription at the different places above named, for the capital stock of said company, on the third Monday of March next, and keep them open from ten o'clock, A. M., to four o'clock, P. M. of said day, and for three successive days thereafter; and if, within three days thereafter, one thousand shares shall be subscribed for, it shall, and may be lawful for the subscribers to meet (after at least fifteen days' previous notice shall have been given, by advertisement put up at four of the most public places in the comity,) at the court house in Potosi, and choose eight directors for the manage- merit of said company. § 3. That no subscriber shall be permitted to vote at said election for directors, unless he shall have paid, or secured to be paid, to such person as may be chosen by the commissioners named in the second section of this act, or a majority of tbem, treasurer of said company, for the time being, five dollars on each and every share he may have subscribed. § 4. That when said company shall be organized by the election of eight directors, and shall choose from their number, one to act as president, they shall be considered a body politic, by the name and style of the "Washington County Mining Company," and by that name shall have succession, maysue and be sued, answer and be answered, in any court of law or equity in this State; may have a common seal, and such by-laws and regulations as may be found necessary for the government of said corporation, employ such agents or persons necessary and proper for exploring or conducting operationsin mining, smelting, or any operations connected therewith; and may purchase, hold, or convey such real estate, as they may think proper: Provided, its original cost shall not exceed the sum of one hundred thousand dollars, and the stock of said company shall be considered personal property; shall be assignable and transferable according to such rules and restrictions as the board of directors shall, from time to time, make and establish; subject, however to the general laws of the State of Missouri. § 5, That if the said thousand shares shall not be taken within the time prescribed in the second section of this act, then it shall be lawful for the commissioners, or a majority of them, to re-open the books at such times arid places as they may think proper, and continue them open until said amount of shares shall be taken. § 6. The aforesaid mining company shall not carry on any mining or smelting operations, or any operation connected therewith and appertaining thereto, or any other business authorized to be carried on by said company by this act, within the limits of Franklin county; nor shall said mining company be authorized to hold, purchase or convey any real estate lying hi Franklin county, nor shall said company be permitted to lease any real estate, or hold any personal property in said county of Franklin. Approved, Jan. 14,1837-