Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/44761/
Timestamp: 2020-08-07 04:05:31
Document Index: 397225783

Matched Legal Cases: ['§ 1', '§ 2', '§ 3', '§ 4', '§ 5', '§ 1', '§ 2', '§ 3', '§ 4', '§ 5']

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226 MINING   COMPANIES.
AN ACT to incorporate the Osage Mining and Smelting Company,
Incorporation, l
Style of incorporation, ib
Directors, 3
Books for subscription, .  4
Officers, election of, 6
Stock assignable,
Powers of president and directors,
Journal of proceedings,
§ 1. That Charles A. Warfield, Arthur L. Johnson, Charles D. W. Johnson, Wm. Wright and Uriel Wright, and all and every person or persons,
who may become stockholders according to the mode hereinafter prescribed,
their successors and assigns, be, and are hereby created a body politic and
corporate, by the name and style ofthe "Osage Mining and Smelting Company," for the purposes and with the privileges and restrictions hereinafter
prescribed, defined and granted, and by that name may sue and be sued,
plead and be impleaded in all courts of justice and elsewhere; may have and
use a common seal, and may change and alter the same at pleasure.
§ 2. The said company shall have power and authority to purchase, receive by donation, possess and enjoy, grant, lease alien and sell lands, hereditaments, rights, goods, chattels and effects necessary or useful for the opening and working of their mines, to erect furnaces, to make or construct rail
or other roads from their mines, mills or furnaces which may be necessary
for the transportation of their mineral, metal, &c., and to intersect the same,
with any other road or roads which now is, or hereafter may be constructed
in this State: Provided, Such roads are, made on the same conditions and
restrictions as those chartered at this present General Assembly: And provided, further, That whenever the said rail roads are made, they shall be so
constructed as to leave a free passage for all other roads, state or comity, to
cross the same as is provided for in the act incorporating the southern rail
road company, passed at this session of the General Assembly; to make all such
by-laws, rules and regulations for the well being of the said corporatioh as
may be consistent with the laws ofthe United States, and of this State.
§ 3. The business of said corporation shall be conducted by nine directors
whose duty it shall be upon their first meeting to elect by ballot a president
out of their number, who together with the said directors shall remain in
office one year, and until their successors are duly elected and qualified, and
the first directors shall be Charles A. Warfield, Arthur L. Johnson, Charles
D. W. Johnson, William Wright and Uriel Wright, and their meeting for
the election of president, shall be on or before the 31st day of December,
§ 4. The said president and directors shall have power to cause books to
be opened for the subscription of stock, at such times and places as in their
opinion may be best calculated to effect the taking of the same.
§ 5. The said company shall have power to elect all officers who maybe
necessary for the proper conducting the business of the said corporation, ana
when a sufficient number of shares, in the opinion of the president and first
directors shall have been subscribed, the stockholders shallmeet and electb)'
themselves, or proxies, their president, directors, treasurer and all other officers; said election shall be under the superintendence of at least one ofthe
first directors, and the time and place of said meeting of the stockholders
Identifier LAWS_9th_1836-1838_0226.tif
Transcript 226 MINING COMPANIES. OSAGE MINING AND SMELTING COMPANY. AN ACT to incorporate the Osage Mining and Smelting Company, Section Incorporation, l Style of incorporation, ib Powers of company, 2 Directors, 3 Books for subscription, . 4 Officers, election of, 6 Capital stock, Stock assignable, Quorum, Powers of president and directors, Dividends, Journal of proceedings, Section 6 Be it enacted by the General Assembly of the State of Missoubi, as follows: § 1. That Charles A. Warfield, Arthur L. Johnson, Charles D. W. Johnson, Wm. Wright and Uriel Wright, and all and every person or persons, who may become stockholders according to the mode hereinafter prescribed, their successors and assigns, be, and are hereby created a body politic and corporate, by the name and style ofthe "Osage Mining and Smelting Company," for the purposes and with the privileges and restrictions hereinafter prescribed, defined and granted, and by that name may sue and be sued, plead and be impleaded in all courts of justice and elsewhere; may have and use a common seal, and may change and alter the same at pleasure. § 2. The said company shall have power and authority to purchase, receive by donation, possess and enjoy, grant, lease alien and sell lands, hereditaments, rights, goods, chattels and effects necessary or useful for the opening and working of their mines, to erect furnaces, to make or construct rail or other roads from their mines, mills or furnaces which may be necessary for the transportation of their mineral, metal, &c., and to intersect the same, with any other road or roads which now is, or hereafter may be constructed in this State: Provided, Such roads are, made on the same conditions and restrictions as those chartered at this present General Assembly: And provided, further, That whenever the said rail roads are made, they shall be so constructed as to leave a free passage for all other roads, state or comity, to cross the same as is provided for in the act incorporating the southern rail road company, passed at this session of the General Assembly; to make all such by-laws, rules and regulations for the well being of the said corporatioh as may be consistent with the laws ofthe United States, and of this State. § 3. The business of said corporation shall be conducted by nine directors whose duty it shall be upon their first meeting to elect by ballot a president out of their number, who together with the said directors shall remain in office one year, and until their successors are duly elected and qualified, and the first directors shall be Charles A. Warfield, Arthur L. Johnson, Charles D. W. Johnson, William Wright and Uriel Wright, and their meeting for the election of president, shall be on or before the 31st day of December, 1837. § 4. The said president and directors shall have power to cause books to be opened for the subscription of stock, at such times and places as in their opinion may be best calculated to effect the taking of the same. § 5. The said company shall have power to elect all officers who maybe necessary for the proper conducting the business of the said corporation, ana when a sufficient number of shares, in the opinion of the president and first directors shall have been subscribed, the stockholders shallmeet and electb)' themselves, or proxies, their president, directors, treasurer and all other officers; said election shall be under the superintendence of at least one ofthe first directors, and the time and place of said meeting of the stockholders