The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-02-09
NOTICE ar Incorporation
or THE
IOWA STATE SAVINGS BANK.

WILLIAM 8. n'cAvIc, WILLIAM LYI0aroN,
0HOR0K p. sAYTn, ARTHUR DRIDONAH,
DAVID v. KILsouRNE, EDWARD KnDouRSx,
CnARLEs MASON, CARLTON n. PK1RY,
JAMES =. coz, HUGH Z. RgID.
HAvlN0 associated themselves and such per-
i sons % may become suhs cribers TO the CO rtal
stock OF tbs company into m incorporated COM
pany.
The following notice Of the organisation Of aaid
incorporation u made In pursuance Of Section CTS
In Chapter As Of tho Gods Of Iowa.
LIST. Tho name q this Incorporation il the
place Of trAnsactinx the hssnsss Of said Inoorpo-
ration viii BIO in the City OF Keokuk. Lee County,
State of Iowa.
"a. The general nature Of the bssinsss to b.
transacted by this Incorporation, Is : general
hank ing, collecting aud exchange business. and
10 transact tho ordinary business Of ssSayfnes
BAnk, " tnot 70 Issue any notes or other evidences
Of debts for circulation ~ money! And rsosiving
deposits Ut money and investing the same BY loans
on real estate, or other securities, and may pur.
chase and sell real estat*.
Sd. The amount Of the capital stock authorized il
81 400, tbeing in shares Of 500 cach.) Ten per
Of the amoant subscribed pre7ious 10 the 18Th
day Of February, 1859, shall BE- paid In BY or ~
fore the said Sth day OF February, 1859. Ana tn
rsmaiAing stock may be subscribed for Ia such
manner - the Electors may prescribe and the
Board OF Directors shall have power thereafter 70
call upon Stockholders for further instAllments.
subscribed for shall be paid In, not to exceed ten
per cent. ($lo per share) at any ono time. and :
period Of not lees than sixty days shall intervene
between the time Of payment of said several in
stAllmsnts, and notice Of each inatallment thua
called for shall be posted in the place 81 buspess
Vt saia company for not less than thirty days Inn
msdiateiy preceding The day Of pay ment 81 such
stailment, and like notice shall be given il
some pApcf Published in the city Of Kcokuk ana
upon default Of any stockhoher 10 make payment
Is roo uired the amount Of such ina ment vth
interest n the rate of ten per cent may b recov.
cred by suit Brought In the name of said COMPANY
against such defAnlting stockholder, or at the as,
ton Of ths board Of Directors the stock on which
such instAIlment or inatAllments may be due aud
unpaid, together With al paid up installments
thereon, ahAn be forfeited TO the company.
ath. Thu articles of incorporation were approved
and adopted BY the corporators on the sth day Of
January, 1885, and said IL TO continue
- - e ...s-y !s.e 80: =: s. s.
neWed.
9TH. The officers Of said corporation are 4 Board
Of Directors, consisting Of Eve (which
! number may be increased, by bylaws, To seven. \
Said Board shall elect one II their number Presi
dent, and may appoint such further officers or ~
sissAnts, from their number or otherwise "a may
be found necessary expedicnt In carrying on the
business Of said company. The time Of holding
| election 10 the second Monday In January annual
~.
9th. The highest amount Of indebtedness or liz
hility y which the company or corporation shAll
have power 10 subject ITSELF shall NOT - eeed thr
snm of dvs hundred thousand fboO, 0eo) dollars.
9TH. The private properly Of ths sscokholdcrs
shall be- exempt from the debts OF Of ssid
company Or corpora ton.
DIRECTORS:
WV. 8. Mc0Avic, 1EonaE 3. sAYrn,
CHARLES MASON, JAMks +. Cox,
DAvIp w. KIlsoussx,
WI. 3. McGAyIC,
Jan. II, IS5e-a&w ~ President.