The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1858-01-16
- .EI---9 2. ~ = !, GEUHiE u. VISION,
v.,. Editor 4 Pyep,istsr
MONOA LAND pCOMPANY.
oNA~A...' "a

TNHE OBJECTS OF THIS ASSOCIATION ARE IN
L the promotion Of oNAwA, Nonona County, Ion.
ana asains IN Real Estate and estsblishins
The articles under which this Conpssy y isasus-
ARTICLE ist. This Company 10 Known = ~
AONoSA LAND COMPANY, and the principal place
Of doing the business Of said Company, shall be
ARTICLE I'd. The minimum Capital STOCK Of this
corporation, Ii One Hundred and Twenty-Fivs
Thousand Dollars, (all paid n,) which may be in-
ceaseu 20 double that amount, BY majority vote u
ARTICLE ard Said Capital Stock is divided into two
hundred and fifty shares Of five hundred dollars each
ARTICLE 4th. The Indebtedness Of this Corporation
shall not at any time exceed two and half Der
cent On the capital stock.
ARTICLE 9TH The business Of this Corporation shall
De conducted by board of Directors, nine number,
i've OF whom shall be residents Of Monona Couiny Who
are elected by ballot annually the Second Monday In
october; but said Board continue in Office until
board elected and quAliaed. In the election on
GERS each stockholder is entitled vote every
share by him owned; pr0vded that sockhoier shsl
cast at one election more than tenth Of the
whole number Of the votes Of the The
secretary shall give thirty days notice in At least
newspaper published in the county at annual election
Of sad kosrd An case Of vacancy in said board The
members shall proceed to III it by the appointment OF
another Stockhslder Dretor. All ofcsrs shall b
shareholders. Shareholders may vote by proxy pro-
vded such proxy be made in writing to the President
ARTICLE eth Within ten days AFTER the election Of
Board Of Directors, the members eiect shall assemble
0nu eieSt IItsiutnt, SeCfetAfy anu treasurer the
secretary and Treasurer shal! mot be members Of
Board OF Directors .
ARTICLE It'll. The President and Secretary shan
sign all conyeyances, assignments and all bills Of saie
They shall sign and the Treasurer counter-sign al
sues Of stock No issue sale. conveyance OF as0s-
went OF Stock is binding upon the Corporation
cenized Is such, unless due record made By tho Sec
rotary IN book kept for that purpose II shall b he
duty OF the President in his the Secretary
at the request Of ten Stockholders made in writing "
call meeting Of the Stockholders Of said Corporation.
ARTICLE Sth The Secretary shall keep . minute Of
all meetings of the Board Of Directors and Of the
Stockholders and perorm all other duties usually per-
tanning to said once. ..-,.<. C. y. -r-.s-'s.- 4
ARTICLE 9Th. The Treasurer shall disburse Monies
only upon written orders of the President signed BY
Secretary lie shall Keep full the finances
and report the same to the Boarded Dreesors sannay
and as often as by them requested. He shall give
bond with good security in such sum the Dlrecso8
may from time to time deeA necessary. -.
ARTICLE 10Th. By vute Of twe<hirds OF The Stock.
holders present. there be assessed upon ea share
tax ef TWO per cent upau its issued value bat such
assessment Is made II special usstiae, ~ netico
calling such meeting, shall state the object Of the CALL
ARTICLE llth~ Ali Deeds, Bonds md otAsr vstt-
ngs conveying title to land belonging to the COMPANY
shall be held BY the President in the Company
ARTICLE 18TH, Every Shareholder shall hulid .
house or store, with not Less than three windows and
shinged roof No house building 70 b built ps
4 or logs.