The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1857-09-12
MONONA LAND COMPANY.
oNA~A.

j ta.s ans.sotio. Of oNAwA, Honona County Iowa
Holding and dealing in Real Estate, establis hing
ferry on the Missouri river.
The articles under which this Company is incorpo-
ARTICLE 1st This Company is known as the
MONoNA LAND COMPANY, and the principal place
OF doing the business Of said Company shall be at the
ARTICLE ID The minimum Capital Stick Of this
corporation, is One Hundred and twenty-five
Thousand Dollars. tali paid in,) which may be in
the Stockholders.
ARTICLE srd Said Capital Stock is divided into two
hundred and fifty shares OF Ave hundred dollars each
ARTICLE 4th. The Indebtedness of this Corporation
shall not al any one time exceed two and half per
cent ON the capitals stock.
ARTICLE 9th. The business of this Corporation shall
be conducted by board OF Directors, nine in number
i've Of whom shall be residents Aonona County who
are elected BY ballet annually Second Monday IN
board is elected and qualified In the election of-
GERS, each stockhoider entitled for every
share by htm e~ned provided that stockhoider shall
cast al any one election, than tenth the
whole number Of the votes Of the corporation The
Secretary shall gire thirty Days notice al least one
newspaper published in the county, annual election
members shall proceed to iii il by the appointment OF
aiother Stakeholder Director. All oieers shall be
sharehoiaefs Shareholders may vote by proxy, pro-
vided such Proxy be made writing the President
Of the Company go
ARTIcLE6th, Within ten days after the election OF
Board of Directors, the nsbers eject shall assemble
and eject President, Secretary and Treasurer The
Secretary and Treasurer shall mot be members Of the
Board OF Directors.
ARTICLE eth. The President and Secretary shall
sign all conseyances assignments, and all bills OF
They shall sign and the Treasurer counter-sfgn
sues OF stock No issue sale, conveyance assign
ment of Stock Is binding upon the Corporation or re-
cognzed as SUCH unless due record made tho Sec
rotary IN book kept for that purpose II shall he
duty Of The President in his absence the Secretary
at tbs request OF ten writing to
call meeting Of the stockholders
ARTICLE Sth. The Secretary shall keep minute Of
all meetings Of the board OF Directors and of the
Stockholders and perform all other duties usually per-
tanning TO said oHice.
ARTICLE S,h, The Treasurer shall disturse Monies
only upon written orders the President sgued by
Secretary. He saai keep full the finances
and report the same to the Boafdof Directors anualiy
and as often as by them requested. Ne shalt give a
bond with good security IN such sum as the Directors
may from time To time deem necessary.
ARTICLE 10TH BY vote Of two-thirds of the Stock
holders present. there be upon each share
tax Of t0 pet cent upon its issued values but such
assessment Is made al special meeting, tho nutice
calling such mecting. shall sate the object tie call
ARTICLE lith All Deeds Bonds and other writ
inSs conveying title to land belonging to the Company
shall be held by the President the Company
ARTICLE 18th Every Shareholder shall build q
house store with less than three windows and
shingisd fco No house building be built Of poles