The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-01-12
NOTICE on INCORPOMATTON
or ru1
IOWA STATE SAVINGS BANK

GEORGE ,. enYrH, ARTHUR D1ID0nAN,
DAVID ". KILHoURxx, Edward KILBouRNE,
cHARLks MAsoN, CARLTON n. PERRY,
JAxEs =. COZ, HUGH r. xEID.
uAyIEd associated themselves and such per
soss ~ may become Subscribers to the capital
stock OF the company into m incorporated COM
papy.
The following notice Of the Organisation OF said
incorporation is made Ia pursuance Of Section o7s
in Chapter ~ Of the Code Of Iowa.
lat The name Of this INCORPORATION liz the
IOWA STATE SAVINGS BANK. The princi ral
place Of trans acting the business OF said Incorpo
ration viii be in the City Of Keokuk, Lee County,
State Of Iowa.
81. Tbs general nature OF the business to DO
transacted by this Incorporation, is . general
ban HI ng, collecting and exchange business, and
to transact the ordinary business of .aSavisgs
Bank, mot TO issue any notes or other evidences
Of debts for circulation al money! and reesivinx
deposits OF money and investing the same by loans
on real estste, or other securities and may pur-
chase and sell real estate.
Sd, The amount Of the capital stock authorised is
$3.50 900, tbelng in shares of 500 each.) Ten per
cent of the amount subscribed previous 10 the 18th
day Of February, 1889, shAll Be paid in BY or be-
fore the said 5th day Of February, 1859, and the
remaining stock may be subscribsd for In such
manner n the Diectors may prsscribe and the
Board of Directors shall have power thereafter 10
call upon stock holders for further installme nts
from time TO time, until tho full amount Of stock
subsc ibsd for shall be paid In, not 10 exceed ten
per 6ent. l$i0 per shars) st any ono time, and
pcriol ct not less than Rixty days shall intervene
between the time sf payment Of said several in.
stAl lments, and notice Of each instsllmsnt thus
called for shall Be posted In tho place Of bu.insss
Of said company for not less than thirty days i'm
unsdiately preceding the day Of payment oil such
ustaiImenf, and liko notice shall b. siysn n
some pa per published Ia tho city Of Ksokuk ana
upon default Of any stockhoider to make D. - snt
a. re quired, the amount Of such menf vith
interest ut the rate Of ten per cent, may b. reoy
cred by suit brought In I he nsme Of said companv
against such defauiting stockhod or, at the on
ton of the Boarded Directors, she stock o. With
such insta llmcnt or instul Dents NAV b. due ana
unpaid, together With NIL paid up installments
ths room, shall be forfeited to tho company.
Sth. The articles Ok Incorporation were Approved
and adopted by the corporaiors on the Sth day Of
January, 1850, and said il 10 cntinus
until the 7lh day Of January, ls7s, and may be re-
nswsd.
5,h The officers Of asid corporation ara Board
Of Dirsotors, consisting Of ave Which
number may be increased, BY by-lsws, 70 seven
Said Heard sAAll elect one Of their number Presi
dent, and aysappcint such farther olice1s or a.
sistants. from their number or otAsrwise, - may
be found necessary expsdisnt In carrying on The
business Of said company The time Of holding
election Is the second Monday In january annual
ly.
9th. The highest amount Of Indebtedness Or La
bliity To which the company or corporation shall
have power 10 subject itself, shall not exceed the
sum Of ave hundred thousand $500 ,0O0l dollars.
7th. The private property Of the stook holders
shai DO exempt from tho debts or Liabilities u said
CONT any or corporation.
DIRECTORS:
Wk. s. Mc1Avic, GKoaoE B. eNrrs.
CHAalxs Mason, JAnss +. Cox.
Dawn W. KllnouRsE.
WIN. S. McGAvIC,
Jan ~, isa9-dkw ~ President.