The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-17

DAVID W. KILBoURNE, EDWARD KriDoURNE,
cHAxLEs MASON, cARIroN y: rxHRY, I
yAHxs r. cox, HUGH 7. RID. sa
HAVING associated themselves and such per-
sOns az may become subs cribers to the capital
stock OF the company int an Incorporated conn
pany. gro t.f @ ssigva.l .
The following notice Of the organization a said
incorporation is made in pursuance of Section 67s
in Chapter ~ Ut the Code of Iowa.
lat. The name OF this Incorporation is the
IOWA STATE SAVINGS BANK. The principal
place of trAnsActing the business of said Incorpo-
ration wi be in the City of keokuk, Lee County,
State of Iowa.
ID. The general nature Of the business to be
transacted by this Incorporation, 10 q general
banking, collecting and exchange business, and
10 transact the ordinary business Of "Saviags
Bank mot to issue any notss or other evidences
Of debts for eircu ation money } and receiving
deposits ofmoney and investing the same by loa ms
on real estate, or other securities, and may pur-
chase and sell real estate.
3D. The amount of the capital stock authorize is
sae 700, (being in sbarse Of 500 each.) Ten per
cent. OF the amount subscribed previous 10 the 10Th
day of February, 1859, shall be paid In by or be-
fore the said 9th day Of February, 1859, and the
remaining stock may be subscribed for in such
manner the Electors may pre- scribe and the
Board of Directors shall have power thereafter "a
call upon stockholders for further installm q
from time TO time, until the full amount Of stock
subscribed for shall be paid in. not to exceed ten
per cent. ($l0 per share) at any one time and a
period of not less than sixty days shall intervene
between the time Of payment Of said several in
stallments, and . NOTICE of each installment thus
called for shall be posted in the place of business
OF said company for not less than thirty days inn
mediately preceding the day of payment OF such
insta ilment, and like notice shall be given in
some paper published in the city Of Keokuk and
upon default of any stockholder to maka.DAy ment
as required, the amount of such lns mcnt, with
interest at the rate OF ten per cent may be recov-
cred by suit brought in the name Of said company
against such defauting stock holder, or ut the op-
tion of the Board of Directors. the stock on which
such installment or installments may be due and
unpaid, together with oil paid up installments
thereon, shall be forfeited to the company.
4th. The articles OF incorporation were approved
and adopted by the corporators on the 9Th day OF
January, 1885, and said incorporation to continue
until the 7th day OF January, 1879, and may here
newed.
9th. The officers Of said corporation are Boare
OF Directors consisting of FIVE stock (which
number may be increased, by bylaws, to seven.
Said Board shall elect one Of their number Presi
dent, and may appoint such further officers or as
sistAnts, from their number or otherwise. a. ma,
be found necessary or expcdient in carrying on TIT
business of said company. The time OF holdin,
election il the second Monday in January annual
Iy.
9th. The highest amount of Indebtedness or La
biiity to which the company or corporation shall
have power to subject itself shall not exceed tn,
sum of five hundred thousand 900 ,0O0) dollars.
TIN. The private property Of the stock ho lder
shall be exempt FROM the debts liabilities of sait
company or corporation.
DIRECTORS:
VIZ. S. McGAvIc, GEORGE B. sHYrH,
CHARLES MASON, JANIS r. Cox,
DAVID w. KuBuuRSE,
WM. S. Mc6AyIC,
Jan. III, IS59-dAw4w President.