The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-02-22
NOTIOK OF INCORPORATION
or I'm
IOWA STATE SAVINGS BANK,

WILLIAM ,. E0AvIC, WILLIAM LRI0wfONs
01o1on =. GMYTH, AaTHUR 1RIDcnAM,
DAVID v. KLBoURNE, EDWARD KuDouRKI,
cHARLSs MASON, CARLTON 4. Pn1Y,
JANIS r. cox, HUGH Z. nnm.
HAVING associated themselves and such per-
stock Of the company into IN incorporated CON
pany.
The following notice of the organization Of ssid
incorporation II made In pursuance Of Section o1s
In Chapter - OF the Code Of Iowa.
LIST, The name Of this Incorporation lie the
IOWA STATE SAVINGS BANK. The PRINCIPAL
place Of trAnsacting the business Of said Incorpo-
ration will DO In the City Of Keokuk, Lee County,
II. The general nature OF the business to be
| transacted by this incorporation, Ia = general
| banking, collecting and exchange business, and
TO transact the ordinary business Of . "Savings
Bank mot to issue any notes or other evidences
Of debts for circulation ~ money! and receiving
deposits VI money and investing the same BY loans
on real estate, or other securities, and may pur-
chase and sell real estate.
Sd. The amount of the capital stock authorised il
$3.50, GOO (being in shares Of 500 esch.) Ten per
Of the amount subscribed previous 10 the 18th
day of February, 1859, shall be paid In by or be-
fore the said 18th day Of February, 1889, and the
| remaining stock may be subscribed for In such
manner the Diectors may prescribe and tho
Board OF Directors shall have power thereafter TO
call upon stockholders for further instAllments,
from time to time, until the full amount Of stock
/ oXGo00
| per cent. ($l0 per share) 1t any one time, and
period Of not less than sixty days shall intervene
betw eel the time Of payment of said several In
stallments, and notice Of each instAllmsnt thus
called for shall be posted In the place Of business
Of said company for not less than thirty days i'm
| mediately preceding the day Of payment Of such
insta llment, and like notice shall be given in
| some pa per published In the city Of Keokuk and
/ upon default Of any stockhoher to make payment
a. required, the amount Of such installment, with
interest Ut the rate Of ten per cent, may be
ered by suit brought in the name Of said company
against such dsfauting stock holder, or 1T the OPP
tion of the Board Of Directors, the stock which
such instaiiment or instaliments may be due and
| unpaid, together with all paid up installments
thereon, shall be forfeited TO tho company.
| 4th. The articles Of incorporation were approved
and adopted by the corPora'ors on tn. s.h day Of
until the 7th day Of January, 1879, and may bsre-
| newed.
9TH The officers Of said corporation are Board
of Directors consisting Of Eve stock (which
number may be increased, by bylaws, to seven
| Said Board shall cleo; Of their number PYesi-
1 dent, and may appoint such further officers as
sistants from their number otherwise, may
be found necessary or expedient in carrying on the
| business of said company. The time Of holding
election i' the second Monday in Janugy annual
9th. The highest amount Of indebt sdness or lia-
biiity to which the company or corporation shail
have power 70 subject itself. shall not exceed the
sum Of Ave hundred thousand 800 ,OoO) dollars.
7th. The private property Of the stock holders
shall be exempt from the debts liabilities Of said
| company or corporation.
/ DIRECTORS:
WV. s. McGAvIc, GnoRaK B. sMYrn,
CHARLES MASON, JANIS r. Cox,
| DAVID w. KiLBoURNE,
| Jan. IL, 1s59-dAw4w President.