The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-01-18
NOTICE on INC CORPORATION
or THE
IOWA STATE SAVINGS BANK

or THE
IOWA STATE SAVINGS BANK.
WILLIAM .. A'oAvlc, WILLIAM LRIoHTos,
GEokox b. shYrH, ARTHUR HRfpohAs,
DAVID VI. kiLBcuKSg, EDWARD KfLBouRNE,
CHARLES MASON, CARLTON II. PERRY,
JAxTs r. COX, uuGn T. REID.
HAvINa associated themae Ives and such per-
sons as may become subs cri beers 10 the capital
stock Of the company into an incorporated COM
pany.
The following notice Of the organization Of said
incorporation Is made ia pursuance Ut Section CTS
In Chapter AZ Of the Code If Iowa.
LIST, The name Of this Incorporation Ia the
IOWA STATE SAVINGS EANk. The principal
place Of trans acting this business OF said neorpo-
ration will be in the City Of keekuk, Lee County,
State OF Iowa.
~. The general nature Of the business to be
transacted by shis Incorporation, il general
bank ing, collecting aud exchange business, and
to transact the ordinary business OF "ssviHgs
Bank, = mot TO issue any notes other evidences
OF debts Tor circulation nc money! and recsiying
deposits of money and investing the same by loans
on real estate, or other securities, and may pur-
chase and sell real estate.
Sd The amount Of the capital stock authorised is
81 goo, (beng in shares of $lG0 each.1 Ten per
cent Of the amount subscribed previous the 18th
day OF February, 1879, shall be paid in by or be.
fore the said 9th day Of February, 1889, and the
remaining stock may be subscribed for in such
manner the Dectors may prescribe and the
Board OF Directors shall have power thereafter 70
call upon stock holders for further insta lime
from time TO time until The full amount Ut stock
subscribed for shall be paid in, not to exceed ten
per cent. t$lU Per share) at any one time aud q
period Of not less than sixty days shall intervene
between the time ef payment of said several in-
staliments and notice of each ins,almsnt thus
called for shall be posted In the place Of business
Of said company for not less than thirty days i'm
TN a. a " mr. redtno tls pf M
insta llmeut, and like notice shasl be given in
some paper published IN the city Of keokuk and
upon default OF any stoekheldcr 10 make pa u ens
as required, the amoant of such inslatluent with
interest at the rate OF ten per cent. may be ree0v
cred by suit brought In the name Of said company
against such defauiting stock holder or, the OPP
tion Of the Board of Directors the stock on which
such instailment Or instalsments may be due ana
unpaid, together with all paid Mp installments
thereon, shall be forfeited 10 the company
sth. The articles Of incorporation were approved
and adopted by the eorporatnrs on the sth DAY of
January 1852 and said ineor por alton ia continue
until the 7th day Of January 1879, and may be re-
newed.
9th, The officers Of said corporation are a Board
Of Directors, consisting of ave stockholders, which
number niaY be increased, BY hy-Ia~s. to seten.l
Said Hoard hail elect Ut their number Presi.
dent, and may APPOINT such further officers
sistans, from thsif number Or otherwise, as ~ ay
be found necessary egpsdsnt Ia carrying on the
business OF said compay. The Tins ~ holding
election IL the second Monday In January annual
~.
9th. The highest amount of indebtedness LA
blaity to which the company corporation shsll
have power to subject Itself, ,hall not exceed the
sum OF tse hundred thousand t5oo ,0o6l dalisrs.
9TH. The private property IF the stock holders
shall bR exempt from the debts liabilities If said
com EaAy ~ c1rptIa'Ipn,
DiKECToKj:
Wa. S. aoGAyic, oKoneK II. eAsru,
CHARLES MAsos, JaaKs X. Cox,
DAVID W. kilscuRsE,
WM. IS. McGAVIC,
Jan. IL. 1859 .daw4w President