Jasper County Democrat, Volume 12, Number 36, Rensselaer, Jasper County, 18 August 1909 — TELEPHONECHARTER IS SENT FOR [ARTICLE]
TELEPHONECHARTER IS SENT FOR
Articles of Incorporation Adopted at Saturday’s Meeting NOW UNDER 6000 HEADWAY % And Meeting to Elect Directors Will Be Held On August 28—If You Have Not Already Subscribed for Stock Now Is the Time to Climb On the Band Wagon. • The mutual telephone meeting Saturday at the court house adopted Articles of Association and thirteen of the would-be stockholders present advanced $5 each to the secretary, Harvey Davisson, to pay the incorporation fee, which is SSO. This leaves sls in Mr. Davisson’s hands after paying the expense of incorporating. The articles of association are as follow's: ARTICLES OF INCORPORATION. Know all men by this presents, that we the undersigned, designated herein as stockholders and subscribers to the Capital Stock herein, by mutual agreement do hereby associate ourselves together for the purpose of incorporating a telephone company under and by virtue of the laws of the State of Indiana, providing for the Incorporation of companies for the purpose of establishing, maintaining and operating telephones, telephone lines and telephone exchanges within the State of Indiana. ARTICLE I. Name. The name of this corporation shall be the Home Telephone Company of Jasper, Newton, Pulaski and White Counties. ARTICLE 11. Object of Formation. The object of this corporation is and shad be to establish, maintain and operate telephones, telephone lines and telephone exchanges within the Counties of Jasper, Newton, Pulaski and White, in the State of Indiana, and to attach to other telephone lines or exchanges by lease or purchase, and to acquire by purchase or otherwise and hold and convey such real estate and personal estate as may be proper for the purpose of erecting and maintaining its lines of telephone and the appliances and buildings requisite for its business.
ARTICLE 111. Amount of Capital Stock. The Capital Stock of this corporation is fixed at Fifty Thousand Dollars ($50,000) divided into One Thousand shares of Fifty Dollars (SSO) each, this stock to be non-as-sessable and each of the subscribers to these Articles of Incorporation subscribes for and agrees to pay for the s number of shares set opposite his name; said stock to be paid for on demand of the Directors and within such time and in such installments as the By-Laws of this incorporation shad provide, and such corporation shall issue to the person entitled thereto a certificate of stock accordingly. provided that until after the election of Directors and the adoption by them of the By-Laws, no subscriber shall be permitted to subscribe and pay for more than four (4) shares of Btock. ARTICLE IV. Number of Directors. The number of directors in this incorporation shall be nine (9) and they shall be elected by the stockholders, and shall hold their office for one year and until their successors are elected. Provided that in the election each share of stock shall be entitled to one (1) vote- ’ ARTICLE V. Location and Life. The location of this corporation shall be in Jasper, Newton, Pulaski and White counties, in the State of Indiana, and the principal place of business of this corporation shall be maintained in the City of Rensselaer, Jasper County, Indiana. The life of this corporation shall be fifty (50) years, unless sooner terminated by the vote of three-fourths of the stock thereof. ARTICLE VI. By-Laws. The Board of Directors shall adopt By-Laws for the government of this corporation and the management of its business. Provided that the ByLaws provide that the stock herein subscribed for shall be paid as such Board of Directors may designate, and all payments to be dully endorsed and receipted for on the back of the certificates of stock hereinafter issued. In witness whereof we have hereunto set our hands this 14th day of August, 1909. - , ■’ FRANK WELSH F. E. BABCOCK GEO. W. CASEY , HARVEY DAVISSON 1 • ROBT J. YEOMAN
W. H. WORTLEY B. MEINBROOK WM. P. MICHAEL ANDREW KOHLER HENRY HAAG WM. AUGUSPURGER J. C. BORNTRAGER STEPHEN KOHLEY JOHN P. WALTER CAREY L. CARR The above names are only a small part of those who have agreed to take stock; simply the names signed to the Articles of Incorporation. Of the number of signers for stock on the subscription paper now at The Democrat office more than $1,000,000 in proprety wealth is represented, so the reader may judge of the class of people who are taking hold of this movement, which is. now well under way and progressing as fast as possible. The movement is intended to benefit the public generally, and especially the country districts, by providing a better and cheaper means of telephonic communication, and the farmers should encourage it in every way possible. If there is no subscription blank in your neighborhood, call in or send your name to The Democrat and get on the listDon’t be scared out by opponents of the proposition, who are trying to throw cold water on the plan because of personal financial interests. A mutual telephone system can be made a success here in Rensselaer and Jasper county as well as in other places, and you never saw r a man who lived where there was a mutual system or who had any experience with one but favors it. A meeting will be held again on Saturday, August 28, at 2 p. m., for the purpose of electing directors, and every man who proposes to take stock in the association should enroll his name prior thereto and then come out and help elect the right kind of directors. Get busy, everyone who favors what this association plans to accomplish, and have your neighbor get busy. In addition to helping along something fOrYBb general welfare of tber public and every telephone user, the stock will be a good investment from a financial standpoint.
