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the right of Ferry Landing is to belong exclusively to Mitchell Sebring & Co provided always that the said Mitchell Sebring & Co shall keep a good and sufficient Ferry boat for the accomodation of the inhabitance of said Town and the traveling public The Financial concerns of said company to be regulated by a vote of a Majority of the stockholders of said Company at their Monthly meetings which meetings are to be held the first Saturday in each month as such time and place as the said stockholders may appoint The officers of this Association shall be a President Secratery & Treasurer who shall be elected at the first regular meeting and hold their respective offices Six months. The President Secretary & Treasurer shall be a board of Directors to manage and carry out the plans of the said association in accordance with the wish of the Majority of the stockholders. The Members of this Association cannot dispose of their interests in said Town without the concent of a majority of said Company All assessments or dividends are to be made at the regular association meetings Any person can become a member of this Company by a vote of two thirds of its members Council Bluff City May 19th 1854 James C Mitchell

                                   B R Pegram & Co?

A C Ford George Pegram A J? Hanscom By B R Pegram J. B. Shulsman M H Clark A J Smith By James Mitchell By James Mitchell M R? J McMahon N Kilborn Moses F. Shine By James Mitchell By B R Pegram Thomas Sebring By James Mitchell his Atty