Show ELECTRIC POWER the union light and power compacts articles of incorporation were made ready to file this afternoon the articles are to be filed under sections 2267 to section 2293 of the compiled jaws iowa of utah 1888 the abe cor I 1 po horation por atlon ration Is ig organized in salt bait lake city utah and Is to be named the union light and power company the following parties have subscribed took stock in the corporation george Q bannor trustee george Q cannoo cannon 2689 woodruff 2634 joseph F smith 2689 willord wilford woodruff trustee 0 A H woodruff john B R winder 1126 1125 all the be move being resi residents debts of salt gait lake city C K X bannister 1796 frank J cannon 2908 and F D richards all ot ol ogden le branue YOU air salt sah late lake city B R S campbell salt like city doti don maguire ogden B R ki carobel Ca mobel i tr trustee bot 1 58 W J carlip now new york 10 L 8 hills hilla salt bait lake city 1 thom G webber bait lake city 1 B R P F hayward salt bait lake city 10 1 francis D john W I 1 donnellan Donne llao salt lake clity city wm win H JR we ogden B R M jones salt lake city too the remainder are of salt bait lake city chiy J W summer bys bays george dd cannon george M W cannon trustee 1266 robert morris hannah cowf boac john jehn M cannon george ceorge Q jannon bannon trustee true iee george F b downey george J taylor andrew C brixen 14 and alice B junes the corporation is to exist fifty yearn from date of fillod articles arti clea the pursuit and general business of the company to ie to utilize streams of water for deriving power prod production action of electricity and furnishing of powe light ano ana heat beat to control plants and to tore store water for irrigation to buy and sell bell root real and personal property the principal place ut of bushless busti busl Less ees shall be salt lake city though branch offices may be established the capital stock of the company shall hall be divided into shares of et the she apar ar value of each the cho officers shall consist of a preal dent first vice president second vice president secretary and a board of nine directors the qualifications of an s acer shall be that he own and hold at least ont on share bare of 0 the capital abek the term of cafice of director shall be ton ten years year mat ot of the other cf officers floore one year au an officer may be removed frim office by a two thirds vote of the stockholders alter two weeks notice to stockholders with statement of chargee cb argee within ton ten days after incorporation and yearly thereafter on the pocono monday in july until july 1897 the be board or of directors shall meet and elect a president and vice presidents from their number and a secretary ana anu treasurer from the stockholders holders vacancies of the board shall be filled by vote of remaining members there shall be two kinus of capital toek steak preferred and od common both shall have equal rights in voting in stockholders the preferred shall hall of shares and ana shall be entitled to a preference of eight per bent per annum of tta its par value cumulative that i 1 it if dividends nil fell below eight 9 per bent one year the amount in default shall be paid witti the next dividend it if the corporation la Is discounting the preferred istock shall ball be paid to so par from assets areta of tho the compary boore the common stock receives anything the common stock block consists of shares it shall ball receive dividends of the he surplus profits but not until the preferred stock has received slight eight per cent cant per annum all tuck not already sub BU may be sold by directors dire oton the directors of i he corporation shall ahalt have power to issue bonds sail and secure them by mortgage or lion lien on the oom comi panya 19 property they are to make all nece taRry gots and adi purchases of every kind me stinks of the be board or of directors oan be called by the president A member it if absent may cast hi ahto vote by on any matter before sub submitted mitt to 10 him five of the entire board shall ball constitute a quorum the private and property of the stockholders shall net be liable for the debts and obligation of the corporation the stock of she company Is g paid to par by transferring to it the property properly of the abe pioneer electric power company the ahe six inch wrought iron pipe used to convey natural gas frova from lake dhore in davis county to the county lines hoes between davis county and bait lake county the property held bold I 1 in the abe n me ins of me salt bait juliae lake city electric light company of bali lake city utah etab the little cottonwood water power owned by the cowood wood water power ani electric company limits Lim lter the property ot of the big cottonwood power company the granite paper mill mitt mill B electric water lu in big biff cot the property of the winter water powe pow company located to in big cotton wood the Bummer hayg water power location and ull nil water righta to in bit biff cottonwood canyon and other reid real estate and personal pe property the edtl mated value of which with the above named property Is ie |