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About The Wageworker. (Lincoln, Neb.) 1904-???? | View Entire Issue (Oct. 18, 1907)
ARTICLES OF INCORPORATION. OF LABOR TEMPLE BUILDING ASSO CIATION OF LINCOLN, NE BRASKA. Article I. Name. Sec. 1 The name of this corpora tion shall be the "Labor Temple Build ing Association of Lincoln, Nebraska." Article II. Place of Business. Sec. 1. The place of business shall be at the office of the secretary of the Association in the city of Lincoln, Nebraska. Sec. 2. The books, papers, records, etc., of the secretary shall be kept at the office as above designated and shall be open to inspection at any time by the Board of Directors, or by a duly authorized agent of safd Board of Di rectors. 1 Article III. Officers. Sec. 1. The officers of this associa tion shall consist of a president, - a vice-president, secretary, treasurer, one director from each trades or labor organization holding one hundred or more shares of stock and affiliated with the American Federation of La bor, and six directors elected at large by the stockholders. Sec. 2. The board of directors shall elect seven trustees, five of .whom shall be members of a trades or labor organization affiliated with the Ameri can Federation of Labor, and no two of whom shall belong to the same or ganization. The president, vice-president, secretary "and treasurer above provided for shall be members of the board of trustees and shall constitute a majority thereof. Sec; 3. The term of office of the trustees shall be two calendar years from the date of their installation Into office, or until their successors are legally elected and duly qualified. Provided, that 1-n case any trustee elected as a member of a trades or labor organization affiliated with the American Federation of Labor shall become delinquent In his dues to his local union, or shall through any rea son whatsoever forfeit membership or good standing in said local, said trus tee's or trustees term of office shall be deemed at an end and the Board of Directors shall proceed at once to elect a successor. Sec. 4. The president shall preside at all meetings of the stockholders and directors and trustees, shall have general superintendence of all the other officers of the company and shall see that all resolutions and or ders of the directors and trustees are caried Into effect. His name shall be affixed, together with that of the sec retary and treasurer, upon all bonds,4 mortgages and shares of stock exe cuted by the association, and they sh'all approve in writing all bills ren dered against the association before the same shall be paid. Sec. 5. The vice-president, in the absence or because of the disability of the president, shall exercise all powers and transact all duties resting upon the president. Sec. 6. In the absence of both presi dent and vice-president, the stock "olders, if a meeting of stockholders, the directors, If a meeting of direc tors, or trustees, if a meeting of trus tees, shall elect a president pro tem pore, who shall, for the purposes of said meeting, have the powers of the president or vice-president, and' shall perform the duties of said officers. Sec. 7. The secretary, who shall be elected by the Board of Directors above provided for, shall give or cause to be given notice of all meetings of stockholders, directors and trustees, and all other notices required by law. In case of his absence, neglect or re fusal to perform these duties, then such notice may be served by any director thereunto directed by the president or vice-president to do so. He shall keep a true record of all meetings of stockholders, directors and trustees and perform such other duties as may be prescribed by the Board of Directors or board of trus tees, under whose general supervision he shall be. He shall be sworn to a faithful performance of his duties. He shall give a bond in such amont and with such sureties as the Directors shall fix and approve for the faithful performance of his duties. Sec. 8. The treasurer shall keep a full and accurate account of all of his receipts and disbursements in books belonging to the association, and shall deposit all moneys and valuable ef fects In its name and to its credit in such depository or depositories as may be designated 'by the board of trus tees. He shall disburse the funds of the association as may be ordered by the board of trustees, and shall render to the president and the Board of Directors at the regular meetings of tbe Board of Directors or whenever said board shall require it, an account of all transactions as treasurer and of the financial condition of the associa tion. He shall sign all checks, drafts or orders for the payment of money, together - with the president and the .secretary of the association. He shall give approved indemnity bond in such sunf as may be designated by the board of trustees, which said bond shall be approved by said board of trustees, for the faithful discharge of his duties and for the restoration to the association in case of death, resig nation or removal from office of all books, papers, vouchers, money or other valuable property of whatever kind in his possession. Article IV. Qualifications. Sec. 1. No one shall be eligible to hold any office In this association who .is not the owner of one or more shares of the association's capital Stock. The sale or transfer of any officers' stock shall operate ipso facto as a resignation and create a vacancy in his office. Article V. Filling of Vacancies. Sec. 1. If the office of one or more 'directors shall become vacant, it shall be the duty of the remaining direc tors, or a majority thereof, to select a successor, who shall serve during the unexpired term. Prodded, how ever, that stockholders representing twenty-five per cent of the stock out standing may demand an election by the stockholders, in which event the secretary shall give twenty days' no tice of such election and provide for holding the same, and upon- the date filed stockholders may select a direc tor to fill said vacancy, the candidate or candidates receiving the highest number of votes being declared elect ed thereto. Article VII. Duties May Not Be Delegated. Sec. 1. No officer of this association shall be permitted to delegate his duties to Another without the consent of the Board of Directors. Article VII. Capital Stock. Sec. 1. The capital stock of this as sociation shall be FIFTY THOUSAND DOLLARS, divided into fifty thousand shares of the par value of One Dollar each, 10 per cent of which, shall be paid at time of commencing business. ' Sec. 2.' The stock of this association shall be forever non-assessable, and this proviso shall not be altered nor repealed and shall form a condition upon which ' all stock of the associa tion shall be Issued. Sec. 3. No individual shall 'be en titled to hold, nor shall he hold, either in his name or her name, or the name of another, more than one thousand shares of the capital stock of this as sociation. Nor shall any trades or labor union affiliated with the Amer ican Federation of Labor hold more than five thousand shares of the capi tal stock of this association. No or ganization not affiliated with the American Federation of Labor, nor any company, association, society or guild, shall be allowed to hold stock in ' this said Labor Temple Building Association of Lincoln, Nebraska. Article VIII. Issue and Transfer of Stock. Sec. 1. The president shall cause to be issued to each stockholder one or more certificates 'representing the number of shares owned by him In the company, signed by the president or vice-president, and by the secretary end treasurer, and 'bearing the cor porate seal. Neither the president nor treasurer shall sign blanks and leave them for use 'by the other, nor sign them without the knowledge of the apparent title of the person to whom they are issued. In case of the absence or the disability of either of said officers, the signature of a ma jority of the board of trustees in his stead shall be sufficient. - The stock of the association is transferable only upon its books by the holders of the shares in person or by their legal rep resentatives, and upon such transfer the old certificates shall be surrend ered to the company by delivery thereof to the -person in charge of the stock' and transfer books and ledgers, or such other person as the directors . may designate, by whom they shall be cancelled and new cer tificates shall thereupon be issued.' A record shall be made of such transfer and issue. Whenever any transfer shall be made for collateral security and not absolutely, the fact shall be so expressed in the entry of said transfer. Provided, that all or any of the shares of stock subscribed for at jr prior to the meeting of associates, for foe organization of this associa tion, or at any adjournment thereof, may, before the issue of a stock cer tificate to any such subscriber, be transferred by him by an appropriate instrument of transfer signed by hiij or by his duly authorized. . attorney. A copy of such instrument in the record book of the secretary of the association, shall constitute a record of the transfer of such stock,-an 1 such record books are hereby made the corporation book for all purposes In the premises. The association shall be. entitled to treat the regis tered holder of any share as the abso lute owner thereof, and accordingly shall not be bound to recognize any equitable claim to or interest in, s;ich share on the part of any other per son, whether or not it shall have ex press or other notice thereof, save as expressly provided by the statutes of Nebraska. Any person claiming a certificate of stock to be lost or de stroyed shall make affidavit or affirma tion of that fact and advertise the same in such manner as the Board of Directors may require, and shall give the association a bond of indemnity, in form and with one or more sure ties satisfactory to the Board of Di rectors, in at least double he par value of such certificate, whereupon the president, secretary and treasurer may cause to be issued a new cer tificate of the same tenor with the one alleged to 'be lost or destroyed, but always subject to the approval of the Board of Directors. Article IX. Statement of Condition. Sec. 1. The Board of Directors shall present, when called for by the stock-, holders, a full -and clear statement of the business and condition of the as sociation. Article X. Amendments. Sec. 1. The stockholders, by ' the affirmative vote of a majority- of the stock issued and outstanding, may at any regular, or upon notice at ' any special meeting, alter or amend this constitution and by-laws in any man ner not contrary to law or to the stipulation set forth in Sec. 2 of Arti cle VII regarding the assessment of stock. - Article XI. Elections. Sec. 1. Each owner of stock shall be entitled to vote for the election of the Board of Directors, and shall have as many votes as he owns shares of stock properly recorded .upon the books of the secretary. Sec. 2. What is commonly known as "minority representation" of the "cum ulate system of voting" shall obtain in all elections of this association. Example: If there are five directors to elect and a stockholder shall own five 'shares of stock, he shall 'be al lowed to vote five votes for each of five candidates, or twelve and one half votes for any two candidates, or twenty-five votes for one candidate, or any other such multiple of Votes as he may see fit and proper, Sec. 3. Any stockholder" may vote by proxy provided due notice of giv ing such proxy shall be served upon the secretary not less than five days before election, and further provided, that no one not owning stock in this association shall adt as a proxy, nor shall anyone act as a proxy when the stock represented by him as proxy when added to . the stock , owned by him shall exceed in amount one thou sand shares of the capital stock of the association. Sec. 4. The stock of an organization shall be vdted toy its secretary or 'by some member in good standing there of who shall -have -been designated for that purpose by the organization itself. Such representatives shall file with the secretary five days toefore s: the election notice thalt he has been dele gated by his union for such service. ' Sec. 5. The annual meetings of this association shall be held on the first Tuesday after the first Monday in January. i ' Sec. 6. The election of officers shall be held on the first Tuesday after1 the flrsit Monday in January of each even year, beginning with 1908. Article XII. Directors. Sec. 1. The Board of Directors of this association shall have supervisory powers over the business of this asso ciation, and to said Board all matter effecting the finances or welfare of the association shall be referred to for approval or rejection. Sec. 2. The Board of Directors shall elect a board of trustees of seven members, one of whom it shall desig nate as president, another as vice president, another as secretary and another as treasurer. These four offi cers shall be members in good stand ing of the organizations of their craft and affiliated with the American Fed eration of Labor, provided that no two of said officers shall belong to the same craft. Not less than five of the seven trustees shall be members in good standing of some trade or labor organization 'affiliated with the Amer ican Federation of Labor. Article XIII. Trustees. Sec. 1. The board of trustees shall act as the executive committee of the Board of Directors, shall audit all ac counts and make report thereof, and shall exercise supervision over the daily workings of the association. No bills' shall 'be allowed or paid without the approval of a majority of the said trustees, and all records of the meet ings of said board of trustees shall be open at all reasonable hours for the inspection of the Board of Directors. Article XIV.; Retirement of Stock. Sec. 1. The Directors of the asso ciation shall have power to retire the stock of the association upon payment of the current market price of the same, paying therefore from the sur plus funds of the association and hold ing or cancelling the stock as may be deemed best for the association. Pro vided," that when stock has once been retired by the association, It shall not again be issued. Article XV. Indebtedness. " Sec. 1. The indebtness of the asso ciation shall at no time exceed fifty (50) per cent of the paid in capital of the association. Article XVI. Length of Corporation. Sec. 1. The life of this corporation shall be from January 1, 1908, to Janu ary 1, 2007. J. W. DICKSON, , Chairman. FRFD IHRINGER, Secretary. FRED RESS, Treasurer. en in very Walk of Life It is not difficult nowadays to be well dressed neither is it expensive. You can accomplish the re sult more easily, quickly and satisfactorily by pur chasing " . ; YOUR WINTER CLOTHING AT THE STERLING S?TS $7.50 to $35.00 .s'... $2.50 to 80.00 MrSha,,an SI.B0 to $2.50 t .0: $1.00 to $2.00 "Ust: . 25c to $2.00 $1.00 to $4.50 gjg A Good Place gpj 'mfiNeaLirNBB. G00(l GIOtflBS 4'. " "!utoliv mvb: The New Stylish Mixture Suits - " ' . ' " ' ' ' ' .(..' ., " . t " ' " V - The styles shown in the Mixture Suits are not only correct and in ac cordance with the latest fashion tendencies, but have been adopted by the leading fashion authorities. In the Mixture assortment you will find that touch of refinement as to design and finish, combined with an unchanged and unapproached standard of that quality and excellence that has so popu larized our ready-made garments. The Suits will surely please tfee most exacting taste. v , y '-' ff Brown and Grey Plaid Mixture, all-wool Prince Chap Coat,' AV braid trimmed : Dleated skirt with bands. , ' A ; ' . ' . :. - $25 tiQCf ff Brown Herring Bone Serge Mixture Suit. New Coat style ; ' PiOew with heavy brown satin lining.' Two bands on pleated skirt ; r ; excellent value, , v .: tiOf" ff Brown, Blue, and Red Plaid in Mixture Check and Stripe, v P"AJv Semi-fitting back, Gibson Shoulder. Pleated skirt with two bands on bottom. -... - . ' ;' $16.00 Red and Black Suit, short cutaway Jacket, satin lined; -pleated ' skirt. . . $15.00 Grey Stripe Suit, all satin lined, 24-inch cutaway Jacket with gored skirt. - , . ' 'V; ' : 4, : Y, , t 4 Y::'':"' -.'V Visit our Premium Department. Premium Tickets with 'every 25c purchase MINE WORKERS SUED. Asked to Pay Heavy Taxes on That Famous "War Fund." Suit to recover $176,000 In delin quent taxes from the United Mine Workers of America has been filed in Indianapolis by W. F. Charters, a tax ferret. President Mitchell, Vice Presi dent Lewis and Secretary and Treas urer Wilson are named as defendants on behalf of the organization. The plan is to collect taxes on the famous million-dollar ' defense fund the union is supposed to have here at all times. Charters bases his action on the annual reports of the organi zation, which for several years have shown that it had $1,000,000. or more on deposit. Charters seeks to force the organization to pay $22,000 a year for eight years.'. Twenty-three stove mounters of Au rora, 111., went on a strike for a nine hour workday and a minimum wage of $3 per day. . Bell Phone F3008 Auto Phone 6334 Henderson & Hald Jewelers and Opticians 132 North loth St. - ", LINCOLN, NEB. WORKERS UNION UNION jM STAMP factory Ha UNERSTAN BROTHER UNIONIST. That the beat made shoes oboes made -under the best manufacturing condition the shoes that best sand the wear bear the Union Stamp as sbown herewith. Ask your dealer for Union Stamp Shoes, and if he cannot supply you write . Boot and Shoe Werkers Union 246 Summer Street, Boston, Maas.