The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-01-25
NOTICE or INCORPORATION
or THE
IOWA STATE SAVINGS BANK.

WILLIAM 9. E'oAvic, WILLIAM LEIoHros,
GEORGE u. sAYTH, ARTHUR BRID0nAN,
DAVID W. KILBoURNg, EDWARD KfLDoUKkR, 4
CHARLES MASON, CARLTON II. PERRY,
JANIS =. cox, HUGH r. REID.
HAVING associated themselves and such per-
II soHs as may become subs cribers TO the capital
stock Of the company into an incorporated ooM-
pany.
The following notice Of the organization Of said
incor pora ton 10 made IN pursuance of Section o76
In Chapter Is VI the Code Of Iowa.
lst. The pams Of this Incorporation Ii the
IOWA STATE SAVINGS BANK. The principal
place of trans acting thesbusinsss Of said Incorpo-
ration win be in the City OF keokuk, Lee County,
State Of Iowa.
a. The general nature Of the business to bo
trAnsAstsd By this incorporation, IL general
bank ing, collecting and exchange business. and
TO transact the ordinary business of Savings
Bank" tnol to issue any notss or other evidsnsss
OF debts for circulation ~ money! and Yscsiving
deposits Of money and investing the same BY loans
on real estate, or other securities, AID may pur-
chase and sell rsal estate.
Sd. The amount Of the capital Stock aathorissd IL
t7b0 ,O0O (being In shares Of 500 eseh.) Ten per
cent Of the amount subscribed prsyioas 10 the 18th
day Of February, 1859, shall b paid In by or be-
fore the sAid 18th day Of February, 1859, and the
remaining stock msy be subscribed FOR In ssch
manner . the Diector. may prsscribs and ths
Board Of Directors shall have power thereafter 10
call upon stock holders for further attachments,
from time to time, until the full amount II stock
subscribed for shall b. paid in, not 70 exceed ten
Der cent. (1ie per shars) 81 any one tims, and D
psrod Of not less than sixty day. shall intervene
stall ailments, and notice Of each insallmsnt thus
called for shall be posted In the place ~ bssiness
Of said company for mol less than thirty days i'm
msdisteiy preceding the day Of payment Of such
insta llmsut, and like notice shall be given In
some paper published In the city Of Ksoknk and
upon default Of any stoekhobdcr TO make payment
Is required, the amount of such inssAiment, with
interest II the rate Of ten per cent, may be
cred BY suit broaga. IN the name Of said company
against such dsfaultng stock holder or Ut tho OPP
ton of the Board Of directors. the stock which
each install ment install Dents may be due and
unpaid, together with Ill paid up instsiiments
thereon, shali b. forfeited ~ the company.
Ath The articles of inesr porAtion we're approved
and adopted BY the corpora'ors on the Sth day Of
January 1850, and said poratioa n to continue
antil the 1th day Of January, ls1s, and may bare
Asvsd.
sth. The o0acers Of said corporation arc Board
Of Director, eoasisting Of five stock hch
number may be increased, by by-iA~s, 70 ssveu.)
Said Board hail elect OF their number Presi.
dent, and may appoint such further oeacers or a.
siytants, from their number or otherwise, may
be found necessary OF sxp<dsnt In carrying on the
business OF said company. The time Of holding
election Ia the second Aonda, in January annual.
D.
eth The highest amount Of Indebtedness or La
biiity to which The company corporation shall
haye power 10 subject ITSELF shail not exceed the
SON OF iiye hundred thousand t6e0, S0o) dolars.
7th. The private property Of the stcokholders
shall be exempt from the debts liabilities u said
com lany er corporatia
DIRECTORS;
cs.. = MaAn. J.ss. y = Cox o
Dawn W. KiLsouRsE.
Jan. IL, Isssd4w4v Presidsnt.