The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-01-31

WILLIAM s. M'GAyIC, WILLIAM LEIGHTON,
GBoR0E d. sAfrH, ARTHUR BRtDGhAH,
DAVID ". KMBoURSx, EDWARD KiLRouRNE,
ENABLES MASON, CARLTON II. PERRY,
JAMRs y. cox, HUGH =. Rid.
TTAytN0 associate themselves and such per-
IL SONS NJ may become subs cribers to the capital
stock Of the company into IN Incorporated CON-
pany.
orporation is made In pursuance OF Section 67s
in Chapter ~ Of the Code Of Iowa.
ist. The name Of this Incorporation ID the
IOWA STATE SAVINGS BANK The principal
place Of acting the business OF said lncorpo-
ration viii be in the City Of heokuk, Lee County,
State Of iowa.
"a The general nature OF the bssinsss to b.
transacted by this incorporation, IL general
ban ing, collecting and exchange hAsinsss, and
to transact the ordinary business ~ a6eviAgs
Bank" mot 70 Issue any notes or o1hef svideaces
Of debts for circulati1M NMonsy,l mi receiving
deposits Of money - tnvsGsing the Same ~ loans
on real estate, or other aeouritiss, and may pur-
chase and sell rsai eatst<.
81 80 600, (bcis ii aharcs Of SEQ eaeh.) Ton per
cent Of the aount subscribed previous 70 the 18th
dny Of Februsry, 1859, shall So paid In By or be-
fore the said lbth dny q February, 1859, and tho
remaining stock 10y = sshsafibsd iof In such
manuer - the uieo9oTY may psssexibs and the
HoaD1 u Nrsetom shall have power thereafter 10
eli npon stock holders for further installmcnts,
ffoa Nne to time, until the full amount u stock
snkeoribed for shall DO paid In, not to exceed
- eent, (tle per shsre) II any one time, and :
Sseio1 of not less than sixty days shall intervene
keeuesn the time II payment Of said several in
stsllments, and notice OF each instAllmsnt thus
called for shall b. posted n the piace Of business
Of said company for not isss than thirty days i'm
nedistely preceding the day Of payment Of such
iusta llmcnt, and . like notice shall be given in
somo a per published in the city Of Keokuk and
upon default Of any stockholder to make psymen.
Is required the amount OF such installment, With
interest the rate Of ten Per cent? may be reeov-
cred by suit broa ght In the name Of said compxny
against such dsfAuting stock holder, or II the OPP
ton Of the Board Of Directors tho stock on which
/ suoh iustailment or installDents may be due and
unpaId. together with Ill paid up installmentl
thereon, shai be forfeited to the company.
1th. The articles Of incorporation were approved
/ and adopted BY the corporators on the Sth day Of
n 1885, and said incorporation Is to continu.
until the 7th day Of January, 1879, and may bere.
newed.
~ Directors consisting Ut i've kholdsrs whict
1 number may be increased. BY by-iAws, TO seven.
said hoard shall elect one Of their number Presi
! dent, and may appoint such further officers or -
sistants from their number othcr wise, rs may
be found necessary or expedient in carrying on tn
| business OF sAd company. The time VI holding
election IL the sscond Monday in January annual
/ 9th. The hi chest amount Of indebtedness or liza
| biiity 10 which the company or corporation shall
have power TO subject itself, shall not exceed tn
| xum q Eve hundred thousand 700 ,O00) dollars.
TIN. Tbs private property Of the stcokholder
shall be exempt from the debts or liabilities Of salt
company or corpora ton.
WV. 8. MoaAvic, 9EoaaE y. snrrn,
! DAVID W. KmsoUxsE,
Jan. Ii, 1s50-dAw4w President.