The Wageworker. (Lincoln, Neb.) 1904-????, October 25, 1907, Image 2

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    ARTICLES OF INCORPORATION.1
OF
LABOR TEMPLE BUILDING ASSO
CIATION OF LINCOLN, NE
BRASKA. Article I. Nam.
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 said Board of Di
rectors. 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 majorVy 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 in 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
hall see that all resolutions and or
ders of the directors and trustees are
carled into effect. His name shall be
affixed, together with that of the sec
retary and treasurer, upon all bonds,
mortgages and shares of stock exe
cuted by the association, and they
shall 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
ot 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
holders, 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 M 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 end 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
Vlonging 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
the 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 sum as may be designated by
the board of trustees, which said bond
shall be approved 'by said board of
trustees, far the faithful discharge of
his duties and for the restoration tof
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. Provided, 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
flee 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 VI. 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 capK
tai 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
and 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 thein 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 the 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, and
such record books are hereby made
the corporation book for all purposes
In the premises. The association
snau De 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 the 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 he 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 vetted ty 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 before the
election notice that, 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
6. The election of officers shall
be held on the first Tuesday after the
first Monday in January of each even
lyear, 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.
FRED IHRINGER,
Secretary.
FRED RESS,
Treasurer.
Timeliness
Is our aim in presenting
new merchandise. What is
style today may be ont of date
tomorrow, but by making a
thorough study of the style
tendencies we bave at all
seasons the right thing at the
right time. Good dressers
show their appreciation of onr
efforts in Timeliness by pat
ronizing us more and more
,. each year.
Fall Stock Augmented
By Re-Order of the Popular Styles and Col
orsthe Colors you've found so hard to get
Reorder of Suits, in brown,
blue and black, in 36-in. JacK-.
ets, tight-fitting with Vest:
broadcloth, 32, 34 inch and
pleated Skirts Suits, at $35.00
$37.50, $30.00 and $35.
Reorder of Serge Suits, brown, navy Hue and black;
Prince Chap Coats and pleated Skirts Suits, at $18.00
$20.00 and $25.00.
The above Serge Suits in sizes 14, 16, J 8, 34, 36,
38, 40, 42, 44 and 46. ' '
All-Wool Fancy Stripe Checks and Plaids in me
dium dark colors. Shore Tight-Fitting Jackets, Prince
Chap Coats or Long Tight-Fitting Coat. All pleated
Skirts Suits at $10.00, $12.00 and $15.00.
Fur Cravats for Autum Wear
Dark Beaver Cravat, heavy satin
lined, at .......$ 8.50
Imitation Mink Cravat, fitted neck
with two head ornaments, at ... . 5.00
Imitation Chinchilla Cravats, with
head ornaments, at 3.50
Beautiful Imitation Ermine Cravats,
at.. 12.50
Jap Mink Cape Cravat, double top,
four claws, two heads, lined with
heavy satin, at ....... $18.00
Genuine Squirrel Long Cravats, bro
cade linino-. dniiMft tntv R tarts tin.
, L r- r
pea with brown, two heads, very
pretty, at....
What you think about matching
your Winter Suit in a nice Fur
Set? we match any Suit up from
10.00
5.00
Domestic Necessities Reduced
Comforts 'Chintz Comforts stitched
a $2.00 value, . $1.70
Blankets 10-4 Cotton Blankets, in
grey only with fancy borders, 85c
value, at . 65c
Towels Good quality 6f Huck
Towels, 18x36 inch, special each 5c
Damask 70 inch Unbleached Dam
ask, 75c value, at 58c
Challie 29-inch wide, numerous
patterns, Japanese, figured, dres
den; etc. Just the cloth for com- ,
forts, at, per yard 9c
Visit the
Furniture
Department
J I
AMONG 'EM.
Some Newsy Notes Clipped From
Washington Trades Unionist.
Organized railway men in Great
Britain have, decided to demand an
eight-hour day, and Increased wages.
Within the last month 26 publica
tions have ben added to the fair list,
as given by the Typographical Journal.
It is the intention of the Internation
al Photo-Engravers' Union to estab
lish a fund for the aid of consumptive
members.
The Hod Carriers and Building La
borers' Union of Kansas City, Mo.,
has bought ground and will buid its
own meeting hall.
The Farmers' Union of Mississippi
has entered politics and two members
of that organization will make the
race for the lower house.
At future meetings of the Rhode
Island Branch of the American Feder-
f-
ation of Labor no delegates will be
seated unless his clothing bears the
union label.
Organized labor of Seattle, Wash.,
is warning all laborers to keep away
from Alaska, on acount of the strikes,
actual and prospective, in thaF sec
tion. The Iron Moulders of St. Louis have
accepted a 15 cents per day increase
in wages offered by employers in
place of 25 cents demanded. There
will 'be no strike.
The Department of Justice has de
cided that railroad workers are in
the unskilled labor class and cannot
be imported into the United States
under the alien contract law.
The policemen of Tours, France, re
cently formed a union, and placarded
the town with printed statements of
their grievances. ' Soldiers ejected
them from their barracks.
Griffin Loan Company
Phones: Bell 313; Automatic 2438. Dooms 1, 2 and 3.
1136 0 Street
We loan on furniture, pianos, organs,
wagons, buggies, warehouse receipts, live
stock and other personal property. We
offer you :
Best Terms, Prompt Service,
Unequaled (rates, absolute privacy, any
amount ori any payments, any time
oeo
Your Cigars Should Bear This Label.
JlJUJiR'.l"M."Miii.I. II im.i ... U. Jll
- Union-made Cigars. r.
CM I V.,
It is insurance against sweat shop and
tenement goods, and against disease. ...
soooaooe