The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-11
rOriCE OF IrCoRPO1AT4tN
or THn
IOWASTATE SAVINGS BANK.

lUW "A ,ClAlE oAvlNUC DANA
WILLIAM .. H'oAvIo, WILLIAM L1iaAsoh,
GEORGE p. snYrH, ARTHUR B1YD0nAu,
DAVID VI. KILBouRNE, EDWARD KuDopnMu,
cHARLKs MASON, CARLTON H.r1Akr,
JAHga =. cox HUGH T. RID.
TIAViNG associated themselves and S0eh pr.
Ii sons ~ may become suhs cri hers to e1aDdtAl
stock OF the company into IN incorpoSG9sd Son-
pany.
incorporation is made In pursuance of 6eetfen 90
in Chapter AZ Of the Code Of lows.
LIST. The name Of this IncorpoEA1iea h ~
IOWA STATE SAVINGS BANK. The peincipAl
place Of transacting the business o1 1A4 I1eorpo-
ration win BE- in the City of Keokuks Lee County,
State of Iowa.
"a. The general nature Of the bssiaass = -
transacted By this incorporation, y = GsnsA!
to transact the ordinary business Of ssBavinrs
Bank, mot to issue any notes or other svidsness
of debts for circulation ~ money - and receiving
deposits Of money and investing the same By loaas
on real estate, or other securities, and nay pr
chase and sell real estate.
Sd. The amount Of the capital stock authorised y
$50 900, {bsing In shares Of 500 EACH. Ten PET
cent. Of the amount subscribed previous 70 the ltk
fore the said 18th day Of February, 1859, and the
remaining stock may be subscribed for In su1A
manner - the Electors may prescribe ; and ~
Board Of Directors shall have power thsrsaftse -
from time to time, until the full amount Of stock
subscribed for shall b paid in, not to exceed tn
per cent. $50 per shars) at any one time, and .
period Of mot less than sixty days shall intsrvsns
between the time sf payment Of said several In
stallnsnts, and notice Of each installmsnt thus
called for shall b. posted In the place Of basinsss
Of said company for not less than thirty days inn
nediately preceding the day Of payment OF such
insta llment, and . like notice shall be given In
some Paper published in the city Of r. = and
upUn dafnpft of nnv stoCkhOkaer Ia msk 4 ~ want
required, the amount 1t such instalIment. With
interest ut the rate Of ten per cent may be reOov-
cred by suit brought n the name Of said company
against such dst:uitng stock holder, or q th. oP-
such instsllment Or installments may be das and
unpaid, together with III paid up iustallmsuts
thereof, shall b forfeited TO the conpany.
4th. The articles OF incorporation were approved
January, 1850, and said incorporation il 70 continue
until the It'll day Of January, ls7s, and may bers-
nswed.
5th. The oficsrs Of said corporation are Board
Of Directors committing Of ave stock (which
number may b increased. b. by-laws, TO sevsu.)
Said Board shall elec, one of their number Presi.
dent, and msy appoint snch further ofbcers or ..
sistants, from their number or othssvtss, - usy
be found necessary or expedient In earring On tina
business of aAid, company. The time Of holding
election is the second Monday in January annual
ly.
9Th. The high 81 amount Of Indebtedness OF liz
bility TO which the company or corporation shall
have power TO subect itseif, shalt not exceed tho
suu Of 6vs hundred thousand tbeo 49, dollars.
18th. The private property of the stookholdefS
shall Be exempt from the debts Liabilities Of said
company ~ eoPesa tion.
DIRECTORS;
WV. s. AC0AvIc, dnoaaH b. EMYYu,
caAaIss NAson, Jams .. Cox,
wH. 5. 1ooAvrc,
Jan. II, ls3o-dAw4w Prsddsnt