The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1858-01-30
Terms Of the Republic.
MOAONAa LAND COMPANE
.''a oNIAwA. - y

T'HE OBJECTS OF THIS ASSOCIATION AlRft
l. the promotion Of ONAwA, Aonona County, lsua.
Holding and dealing IN Real Estste, and estabishiass
The articles under which this Company is inoorpo-
rated are ss follows g ID az zEUe, ts-ss& &c
NoNONA LAND COMPANY, and The principal place
% suin =, me business q said shall be The
ARTICLE 3D.. The minimum Capital Stock Of this
corporation, is One Hundred and Twenty-Five
Iheusead Dsifars, (all paid inl which n,zy be IN
the Stockhoiderss IT zSalgf 3S53a 7t3Sf & 3a1.i
ARTICLE srd Said Capital Stock is divided into two
hundred and fffy shares OF five hundred dollars each
ARTICLE 4th. The indebtedness Of this CerporstisA
shaH not at any one time exceed two and half per
cent on the capital stock.
ARTICLE 5th The business Of this Corporation shall
De conducted by board Of Directors, nine NUMBER
ave Of ~hom shall be Residents Of Nouona County, who
are elected by ballot annually the Second Monday IN
oeteber; but SAID Board continue in once until new
board Is elected and qualified. In the election 0s on
GERS each stakeholder is entitled vote for every
share BY him owned provided thar shall
cast at any one election, than tenth the
whole number Of the votes OF the c,ruorstion The
secretary shall give thirty days notice in least
newspaper published in the county At annual election
members shall proceed to fiji it by the appointment Il
another stakeholder Drector All oficsas shall -
shareholders. Shareholders vote by proxy, pro-
saed sush proxy be made IN writing 70 the President
ARTICLE sth Within ten days after the elecsiso Of
Board OF pirectors the members elect shall assemble
-
secretary and Treasurer shall not be members Of the
Board Of Direstofs.s 7Isls naf hysssayssss sz4zas
ARTICLE It'll. The President and Secretary shall
sign all assignments, ana all bills Of
They shall sign and the Treasurer counter-siyn
sues Of stock No issue, sale, conveyance or assgn
ment u Stock binding upon the Corpotisa, OF re-
coghzed as such unless due record made BY Sec
retAy IN book kept for that purpose Is shall b he
duty OF the President in his absence the Secretary
At the request Of ten Stockholders made in writing 10
call meeting Of the Stockholders said Cooperation.
ARTICLE sth. The Secretary shall keep minute o.
all meetings Of the Beard Or Directors, and Of the
and perform all other duties ususiy
tanning to said otiice. ~
ARTICLE 9TH The Treasurer shall disburse Monies
only upon written orders the President signed by the
Secretary He shall keep full Account Of the hnances
aud report the TO the Boardof Directors snnusiy
and as often as by them requested. He shall give
bond with good security in such a. the Directors
may from time to time deem necessary.
ARTICLE 10th. BY vote Of tSo-thirds OF the Stocs
holders present there be assessed each sAare
tax ct two per cent upon its issued value; but such
assessment Is made special meeting, the notice
calling such meeting shall state the object Of the call
ARTtcLE lith. All Deeds, Bonds end other writ
ings conveying title to land belonging to the Company
shall be held H the Rresdent In trnst for tns Company
ARTICLE l2th. Every Shareholder shall build o
house store with less than three windows and
shngied roof No heaseor building to be built poss
OrIn cS