Sioux City Academy of Science and Letters. 102 
The first was a corporation of a single individual, 
Chas. B. Thompson; as he expressed it in the article “in- 
corporating that portion of my individual prosperity 
which has been obtained by my labors and by the volun- 
tary gifts, tythings and sacrifices of the members of Jeho- 
vah’s Presbytery of Zion for that purpose.” Its object 
was, “To establish schools of preparation for the intel- 
lectual, moral and physical culture of the members of his 
colony, to publish books and papers, to buy land and 
improve it for the future inheritanace of the saints who 
shall be found worthy; and to erect the necessary edifices 
for schools, colleges and temples.” The capital was to be 
$10,000.00 to be increased indefinitely. 
The funds of the corporation were to be the individ- 
ual property of Chas. B. Thompson and he to be the man- 
ager and director of the business. Any person who 
wanted, whether a member of Jehovah’s Presbytery or 
not, could contribute to the funds by gift oblations, tyth- 
ings or sacrifices; but such donations can never return to 
donors nor were they to be entitled to any pecuniary 
remuneration therefor, but must abide the final issue of 
the work of Jehovah’s Presbytery of Zion for their re- 
ward.” 
The other corporation, the “House of Ephriam,” was 
composed of members of Jehovah’s Presbytery of Zion; 
its capital stock was $6,000.00 in shares of $5.00 each, 
which might be indefinitely increased, and certificates of 
stock were to be issued. Its purpose was to carry on 
farming, milling and mechanical business. Its affairs 
were to be managed by Chas. B. Thompson, and from one 
to seven patriarchs appointed by him, and Thompson for 
his compensation was to receive one-tenth of the annua!} 
increase of its capital stock. Dividends of the annual 
increase could only be drawn by the shareholders in case 
of their actual need thereof for the necessaries of life. 
All persons, whether Jew, Gentile or Ephriamites, 
who should pay into his other corporation, “The Sacred 
Treasury of Jehovah’s Presbytery of Zion,” one-fifth of 
all their worldly possessions should be eligible to take 
stock in this House of Ephriam to the amount of all their 
remaining surplus property. 
