The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-01-20
NOTICE or Incorporation
or THE
IOWA STATE SAVINGS BANK.

WILLIAM s. k'GAyIC, WILLIAM LEIGHTON,
GEORGE u. snYrH, ARTHUR nxfDcnAH,
DAVID VI. KILBoURNg, EDWARD KILDoUREE,
cuARLEs MASON, CARLTON II. PERRY,
JANIS =. COX, HUGH :. Rid.
TTAvlE0 associated themselves and such per-
i Aons a. may become subs cribers to the capital
stock Of this company into An incorporated CON-
pany.
incor poration IL made In pursuance Of Section e7s
In Chapter - Of the Code Of Iowa
LIST. The name Of this Incorporation II the
IOWA STATE SAVINGS BANK. The principal
place Of trans acting the business OF said Incorpo
ration will be in the City Of Ksokuk, Lee County,
State Of Iowa.
a. The general nature Of the business to b.
transacted by This Incorporation, 10 . general
hank ing, collecting aud exchange business. and
10 transact the ordinary business Of = "savinGs
Bank mot to Issue any notes or ether evidences
OF debts for circulation m money! and recsivins
deposits Of money and investing the came BY loans
on real estate, or other securities, and msy pnr-
chase and sell real estate.
Sd The amount Of the capital stock authorised is
47be, 900, tbeIng In sharcs Of 500 each. Ten per
Of the amount subscribed prc7ious TO the 18th
day Of February, 1883, shall be paid In BY or be-
fore the said 5ih day of February, 1859, and the
| remaining stock may be subscribed for in such
manner - the electors may prsscribs sad tho
Board OF Directors shall have power thereafter TO
call upon stock holders for further allme 10,
from time TO tune, until The full amount u stock
subscribed for shall bs paid i'm not TO exceed ton
/ per sent. $40 per shAre) ut any tims, and
period Of not ess than sixty days shall intervene
between the time Of payment Of said several in
/ s,allments. aud notice Of each ins,Allmsnt thus
called for shall be posted In the place OF business
Of said company for not lees than thirty daya i'm
msdistaly preceding the day Of payment OF such
/ instaiiment, and like notice shail be given in
| some paper pablished in the city OF keokuk and
! upon default Of any stoekholder to make payment
| - required, the amount Of such instailnsnt, with
interest nj 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, 1T the oE
ton OF the Board OF Directors the stock ON which
unpaid, together with all paid up installmsnts
| thereon, shaii Be forfeited To the company.
&th. The articles OF incor poration were approved
/ and adopted by the corporaors on the 9Th day Of
January, 1859, aud said poration ii continue
until the 7th day Of January, 1879, and may bere-
| moved
9Th. The officers Of said corporation are Board
OF Directors, consisting Of Eve stock holders hah
Number may be ipcreased, by by-lsws, 10 seyen.)
Said Board shall elect one 81 their number Presi-
dent, and may appotnt such further 6f6eers -
| sstsnts, from their number or otherwise, may
be found necessary or expedent in carrying on the
business OF said company. The time Of holding
election is the second Monday in January annual.
/ ~.
9th. The highest amount Of Indebtedness or Ia
billy to which the company or corporation shall
have power TO subject itacf, shall not exceed the
sun Of I've hundred thousand 1904, 0e01 doliars.
Tth. The prisats property Of the stock holders
shall be exempt from the debts or liabilities VI said
com any or corpora tion.
DIRECTORS:
4 WV. 8. Mc0Avic, 6xoRaE b. snrru,
CHARLES MARx, JANKs y. Cox,
4 DAVID VI. KilpouRsE,
Jan. II, ssdAw4w President.