Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/44755/
Timestamp: 2019-08-21 19:44:03
Document Index: 133744307

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

Previous 218 of 332 Next
IRON   COMPANY.
said company in this State, to the president and board-of trustees of-the ^Missouri City University, for tjie sole and exclusive benefit of said University jB
meeting its necessary expenses, in the manner, ratios, and proportions specified, in the charter of said University.
§ 1. The firm of Van Doren, Pease and Company, and their associates
are hereby constituted and declared to be a body politic and corporate,,by
the name of the "Missouri Iron Company," for the term of fifty years, for the
purpose of, manufacturing -iron in all its various branches, especially that of
rail road iron, the building and repairing of steamboats, rail road cars, mining,
or any other species of manufacturing whereby the interests of said company
may be promoted, and in such corporate name and style they and their successors and assigns, shall have continual succession, and be entitled to all the
immunities and privileges of the laws of this State, as a body politic andcor-,
porate, such as contracting and being contracted with, suing and being sued,
pleading and being impleaded, defending and being defended, answering and
being answered, in any court of this. State or of tlieTInited States. Andthey
and their 'successors may have a common seal, and. >may -make and alter the
same at pleasure. And they and their successors, as a body corporate,1 by the
aforesaid nameand'Style, shall be competent and capable of purchasing, re-
'ceiving,by donation, gift, grant, or devise, holding, mortgaging, and'conveying, any property or estate whatever,real,personal-'or.mixed.
§ 2. The capital stock, property, and concerns of said corporations, shall
be managed and conducted by nine directors, five of whom, including J. L.
"Van Doren, Henry Pease, and J. D. Peers, shall be chosen on or before the
last day of December, one thousand eight hundred and thirty-seven, and four
others on or before the last day of December, 1888, which nine directors shall
hold their office for the term of two years from the time of their election; and
all future elections of directors shall take place on the last Thursday of December, in the office of said company, in Missouri City, unless otherwise ordered by a unanimous vote of said board of directors, and the stockholders
publicly informed of such change at least three months previous to the time of
election in some paper, printed in this State. A mtijority.of-said board shall
at all times constitute a ■quorum.
§■3. In the event of there being no election, or a failure in the choice of
new directors, the directors whose term of directorship had expired at or near' ;
the time of the last election, shall continue in office, and said corporation shall
not, for that cause, be deemed dissolved; but it shall be lawful on any other
day after two months public notice, in one or more ...public prints of this State,
to hold an election for directors, if the failure of an election arise from the
want of a majority of votes, an equal number being given to two or more
persons, one or more re-elections may be made immediately after the first election, proxy votes remaining the same.
§ 4. Directors chosen under the provisions of this act, as soon as may be
after their election, shall proceed to elect by ballot, from among themselves,
one person to be a president, also a secretary and treasurer, and such other
subordinate officers as by the by-laws of said corporation shall be required;
and at pleasure shall remove such secretary, treasurer, or subordinate officer
or officers; and at anytime fill such-vacancy that may in any way happen.
And said board of directors shall at all times superintend and manage the
funds and affairs of the corporation, and shall have power to make and pre-
sc.ibe such by-laws, rules and regulations, (not repugnant to law or the provisions of this charter) as shall appear to them needful and proper, touching
the management and disposition of the stock, property, estate, and effects ot
the said corporation; and in case of a vacancy in said board, by death ot
otherwise, the remainder of said board shall have power to fill the saidvacan-
Identifier LAWS_9th_1836-1838_0220.tif
Transcript IRON COMPANY. said company in this State, to the president and board-of trustees of-the ^Missouri City University, for tjie sole and exclusive benefit of said University jB meeting its necessary expenses, in the manner, ratios, and proportions specified, in the charter of said University. § 1. The firm of Van Doren, Pease and Company, and their associates are hereby constituted and declared to be a body politic and corporate,,by the name of the "Missouri Iron Company," for the term of fifty years, for the purpose of, manufacturing -iron in all its various branches, especially that of rail road iron, the building and repairing of steamboats, rail road cars, mining, or any other species of manufacturing whereby the interests of said company may be promoted, and in such corporate name and style they and their successors and assigns, shall have continual succession, and be entitled to all the immunities and privileges of the laws of this State, as a body politic andcor-, porate, such as contracting and being contracted with, suing and being sued, pleading and being impleaded, defending and being defended, answering and being answered, in any court of this. State or of tlieTInited States. Andthey and their 'successors may have a common seal, and. >may -make and alter the same at pleasure. And they and their successors, as a body corporate,1 by the aforesaid nameand'Style, shall be competent and capable of purchasing, re- 'ceiving,by donation, gift, grant, or devise, holding, mortgaging, and'conveying, any property or estate whatever,real,personal-'or.mixed. § 2. The capital stock, property, and concerns of said corporations, shall be managed and conducted by nine directors, five of whom, including J. L. "Van Doren, Henry Pease, and J. D. Peers, shall be chosen on or before the last day of December, one thousand eight hundred and thirty-seven, and four others on or before the last day of December, 1888, which nine directors shall hold their office for the term of two years from the time of their election; and all future elections of directors shall take place on the last Thursday of December, in the office of said company, in Missouri City, unless otherwise ordered by a unanimous vote of said board of directors, and the stockholders publicly informed of such change at least three months previous to the time of election in some paper, printed in this State. A mtijority.of-said board shall at all times constitute a ■quorum. §■3. In the event of there being no election, or a failure in the choice of new directors, the directors whose term of directorship had expired at or near' ; the time of the last election, shall continue in office, and said corporation shall not, for that cause, be deemed dissolved; but it shall be lawful on any other day after two months public notice, in one or more ...public prints of this State, to hold an election for directors, if the failure of an election arise from the want of a majority of votes, an equal number being given to two or more persons, one or more re-elections may be made immediately after the first election, proxy votes remaining the same. § 4. Directors chosen under the provisions of this act, as soon as may be after their election, shall proceed to elect by ballot, from among themselves, one person to be a president, also a secretary and treasurer, and such other subordinate officers as by the by-laws of said corporation shall be required; and at pleasure shall remove such secretary, treasurer, or subordinate officer or officers; and at anytime fill such-vacancy that may in any way happen. And said board of directors shall at all times superintend and manage the funds and affairs of the corporation, and shall have power to make and pre- sc.ibe such by-laws, rules and regulations, (not repugnant to law or the provisions of this charter) as shall appear to them needful and proper, touching the management and disposition of the stock, property, estate, and effects ot the said corporation; and in case of a vacancy in said board, by death ot otherwise, the remainder of said board shall have power to fill the saidvacan-