The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-02-22
Nd1TUE ~ INC O1f ORATkON N
IOWA STATE SAYINGS BANK
WILLIAM 9. MsoAvlC,
GEORGE y. sMYTH,
DAVID w.KILBoUxNx,
CHARLES MASON.

WILLIAM 3. Ms0AvlC, WILLIAM LMT0mfoM.
oEoRaE y. sMYrH, ARTHUR BRIponAxs
DAVID v. KILBcuHSI, xDwAxD x1ScU131s
oHARLxs MASON, cARLToN n. PENNY,
JAAEs \. COZ, aa.a HUGH :. REID. 4ag ss
HAVING associated themselves AaA 80 -,
Ii sons may become subs cTibers TO the oGS11n1
stock oil the company into an incorporates 10 =
pany. h
The following notice Of the organisattcn RI ~
incorporation is made In pursuance Of III
In Chapter - Of the Code Of Iowa.
LIST. The name Of this Ino0rpo0n13m ~ -.
IOWA STATE SAVINGS BANK. - rGlalanna
place or trans acting the business Of X1 ~
ration viii be In tho City Of Keokuks - csonAy,
State of Iowa. IA
"a. The general nature OF the busin ~ ~
transacted by this Incorporation, ID n nN1
hank ing, collecting and exchange businS <63<
to transact the ordinary business Of ssDGN
Bank, mot TO issue any notes or other svidsnS5S
deposits Of money and investing the same By loans
on real estate, or other securities, and nav pur.
chase and sell real estate.
3D.. The amount Of the capital stock authorised Il
$3.50 $780, tbeing in sharos Of 500 each.) Ten per
cent OF the amount subscribed previous 10 the 18th
day Of February, 1859, shall be paid in BY or be-
fore the said 18th day OF February, 1859, and The
remaining stock may be subscribed for In such
manner o. the Diectors may prescribe and The
Board of Directors shall have power thereafter to
call upon stock holders for further installments.
from time 10 time, until the full amount Of stock
subscribed for shall Be paid in, not to exceed tn
per cent. ($l0 per share) at any one time, and
period Of not less than sixty days shall intervene
between the time Of payment Of said several In
stallments, and notice OF each installment Thus
called for shall be postsd In the place Of business
Of said company for not less than thirty days i'm
mediatcly preceding the day Of payment OF sueh
instAllmsnt, and like notice shall be given In
some pa per published In the city Of Keokuk and
upon default Of any stockhodsr to make payment
rs required, the amount Of such instsliment. with
interest at the rate Of ten per cent may be recov.
cred by suit brought in the name II said company
against such defauting stockho or 1t the OBJ
tion OF the Board of Directors the stock % which
such installment or installments may be due and
unpaid, together with al paid up installments
thereon, shall be forfeited 70 the company.
4th. The articles Of incorporation were approved.
and adopted by the corpofafors on the Sth day Of
January, 1889, and said incorporation Ii to continue
until the 7th day Of January, 1879, and may bers
newed.
9th. The officers Of said corporation ere Board
Of Directors consisting Of I've stock holders which
numbsr may b. increased, By bylaws, 70 ssvs.)
Said Board shAll elect one Of their number Presi-
dent, and may appoint such further officers or o.
sistsnts, from their number or otherwise, ~ may
be found necessary sxpedient in carrying on tho
business Of said company. The time Of holding
election IL the second Monday in January annual
ly.
9Th. The highest amount Of indsbtsdnsss Of liz
have power subject itself, shall not exceed the
sum Of Ave hundred thousand ttee ,0o0) dollars.
7th. The private property Of the stock holders
shall be exempt from the debts liabilities Of said
company or corporation.
DIRECTORS
VIZ. s. Mc0Avrc, G8oRcg B. SHYrH,
CHARLES MASON, JANIS II. Cox,
WI. ). IceAvrc,
Jan. IL, ls5s-dAw4w President.