The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-15
NOTICE On INCORPORATION Il
IOWA STATE SAVINGS BANK

WILLIAM d. M,nAyfc, WILLIAM L1I0a10Fs
aEOn04 ,. sArTH, ARTHUR nDAJn0nAN,
+ DAVID ". KILBoURNE, EDWARD KILBouRN1,
cHxRLrs nAsoS, cAkIaoE n. PHnA1,
JANIS y. cox, HUGH +. RRrD.
TTAVAN0 aassosi atcd themselves and spch pr.
II sons M may become subs cribers TO the capital
stock or the company into N Incorporated -
pany.
incorporation is made In pursuance Of Section -
in Chapter Is Of the Code Of lows.
lat. The name Of this Incorporation n -
IOWA STATE SAVINGS BANK. The prinelDal
place Of acting the business Of said In1orps-
ration win b in the City OF Keokuk, Lee Oos11y,
State Of Iowa.
ID. The general nature of the business to b
transacted by this Incorporation, il = general
banking, collecting and exchange business, and
70 transact the ordinary business Of ! Savings
Bank, mot TO issue any notes Or other evidences
OF debts for circulation money! and receiving
deposits Of money and investing the same BY loans
on real estate, or other securities, and may pur-
chase and sell real sstate. M
+ 3d. The amount Of the capital stock authorised Il
$50 ,0OO, being In shArcs OF 500 each.) Ten per
cent. Of the amount subscribed previous the 18th
4. ..d day Il % T..
remaining stock may be subscribed for in such
manner ~ the electors may prescribe and the
Board of Directors shall have power thereafter 10
call upon s'osa holders for further instalimsnt.,
subscribed for shall b paid In, not TO exceed ten
per cent. ($l0 per shAre) ri any one time, and 8
period Of not less than sixty dsys shalt intervene
between the time Of payment Of said several in
stallments, and . notice OF each instsllment thus
called for shall be posted in che pacs Of Ausinsss
Of said company for not less than thirty days Inn
mediately preceding The dsy Of payment ct susA
instA llment, and Like notice shall be given in
some per published in the city Of Keokuk and
upon default Of any stockhoider TO make pay meat
~ required, the amount of such install ment with
interest ut the rate of ten per cent may bs rssov-
cred by suit brought in the name Of said company
against such dcfAuitng stock holder or 1t the on
tion Of the Board Of Directors tAs stock on which
such installment or installments may be due and
unpaid, together with all paid up instsilmcnls
thereon, shall be forfeited to the company.
4th. The articles Of incorporation were approved
and adopted by the corporators ON the 9Th day OF
Janaxry, 1850 and said incorporation isto continue
until the 7ih day VI January, 1879, and may bere-
newed.
9TH The oGcsrs Of said corporation are = Board
of Directors, consisting Of Eve which
number may be increased, by by-lsws, to seven.l
Said Board shall elect ono Of thar number Psesi-
dent, and may appoint such further officers or 81
sis,ants, FROM their number or otherwise, a. may
be found necessary expediunt In carrying On thu
businss Of said company. The timc Of holding
election 10 the second Monday in January annual
ly.
9th. The highest amount Of Indebtedness or Ia
bility TO which the company or corporation shall
have power to subject itself, shall not exsesA the
sum Of FIVE hundred thousand 800 ,0oo) dollars.
7th. The private property Of the stock holders
shall be exempt from the debts liabii Of said
company or corpora ton.
DIRECTORS:
VIZ. 3. Mc0Avuc, Gsonas B. SnrYs,
CHARIxs MASON, JAAss +. Cox,
DAVID W. KILsouass,
WA i. McGAvIC,
Jan. III, l859-dAw 4w President.