The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-01
NOTICE or INCORPORATION
F #88 1890 kf
IOWA STATE SAVINGS BANK.

Il Al A. a.f s. 4A 8
wlLLIAn ;. A'0AYIc, WILLIAM L1IOaIons
0RORdE ,. SIXTH, ARxRu1 1RIDOAAA,
DAVID ". KILB0URNx, xDwARD KiLDoURNu,
nHAnhBs NAseN,eA rA OAaLfvHrH. Ju9K,
JANIS =. COX, HUGH r. RxrD.
HAvING ltassociated themselves snA faeh -
II tons az may become subs cribers ~ ~ OoI1n1
stork Of the company into m dacDrpeeafe6 -
pany. -
incorporation IL made in pursuance rs ooUliaGo ~
In Chapter ~ Of the Code Of Iowa D 80 s.s 81 III
lat. The name Of this IncorpeeAA1Gn III ~
IOWA STATE SAVINGS BANK. - 1ein ~
ration sill be in the City Of Keokak - 0eaa1y.
State of Iowa.
ID. The general nature Of the businsn . =
transacted BY this interpretations, - y oDmsIAl
bank king, ooliscting and exchange 1111n1sx -
to transact the ordinary business g ata9G01nGr
Bank, (not to issue any notes or other i1(0ees
Of dsbts for circulation ~ money,) and receiving
deposits Of money and investing the same BY loans
on real estate, Or other securities, and may pur-
Sd. The amount Of the capital stock authorised II
81 80 900, (being In shares Of 500 esch) Ten per
Of the amount subscribed previous 70 the 18th
day Of February, 1859, shall Be paid in by or be-
fore the said bth day Of February, 1859, and the
remaining stock may be subscribed for in such
manner NJ the electors may prescribe and the
Board Of Directors shall have power thereafter to
call upon stock holders for further installments,
from time to time, until the full amount Of stock
subscribed for shall be paid in, not to exceed ten
per cent. ($l0 per share) 1t any one time, and .
period Of not less than sixty days shall intervene
between the time Of payment OF said several in
stallmsnts. and notice Of each installmsnt TINS
called for shall be posted in the place Of buSincss
of said company for not less than thirty days Inn
mediateIy preceding the day Of payment Of susA
insta llment and like notice shall be given in
some paper published in the city Of Kcoknk and
upon default OF any stockhoder TO make payment
As required, the amount Of such instalfment, with
interest at the rate Of ten per cent, may b.
cred by suit brought in the name Of said company
against such defaulting stockhoIder, or 1T the OBJ
tion Of tho Board Of Directors the stock on which
such instailment or installments may be due and
unpaid, together with all paid MP insta llmentsa
thereon, shall be forfeited 10 the company. b
4th. The articles Of incorporation were approved
and adopted by the corpoTators on the 9Th day Of
January and said incorporation IL 10 continue
until the 7th day Of January, 1879, and may bers-
ncwed.
5,h. The officers Of said corporation ere Beard
Of Directors, consisting Of we stock which
number may be increased, BY bylaws, to seveu.)
Said Board shah elect one Of their number Presi-
dent, and may appoint such further officers or
sistants from their number or otherwise, - may
be found necessary or sxpsdisnt in sarrying tbs
business Of said company. The time Of holding
election IL the second Monday In January annual
ly.
9Th. The hi CHEST amount OF indebtsansss q lis
bility to which the company or corporation shall
have power TO subject itself, shall not exceed the
sum 81 eve hundred thousand $50 ,oool dollars.
7th. Ihe private property Of the steosheadsn
shall be exempt from the debts or liabilities IL said
company or corporation. @s&
DIRECTORS:
VIZ. s. McGAvIc, GRonaE B. SIXTH,
CaARLss MASON, Jams r. Cox,
DAVID W. KIi1ouRsK,
jan IL, IS59-dAW Presidant,