The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-07
NOTICE OF INCORP ORAT
OF THE
IOWA STATE SAVINGS BANK.

WILLIAM s. M'CAvIC, WILLIAM LRI0HTOMs
0HORGE 3. sMYrH, ARTHUR BRIDGnAM,
DAVID ". KILB0URNK, EDWARD KILBouRND,
CHARLES MASON, CARLTON n. P1n1Y,
JANIS =. cox, HUGH r. RxID.
HAVING associated themselves and s1ch psf-
IL sons &c may become suhssribers 10 tAD1eT1tA1
stock Of tbs company into an incorporate1 9pm-
pany.
The following notice Of the organisaa1m u rid
incorporation Is made In pursuance c1 0eotaeA IN
in Chapter 4S OF the Code of lows.
ist. The name q this IncorpsIa1l1 r -
IOWA STATE SAVINGS BANK. ~ pg1n11pal
place 81 irAnsacting the business d I'D I1esrDe
ration viii bs in the City Of Keokuks - Oouney,
State Of Iowa.
"a. The general nature Of the buslasos = -
transacted by this Incorporation, II . eonee1l
bank ing, collecting and exchange b11i1e61. md
70 transact the ordinary business Of aDevlneD
Bank, /" (not to issue any notes or other evdsnGoe
Of debts for circulation as money! and receiving
on real estate, or other securities, aud may pur-
chase and sell real estate.
Sd. The amount Of the capital stock authorised 10
$3.50 900, tbeing in sharos Of 500 each) Ton per
day Of February, 1859, shall Be paid in by or be-
fore the said 18th day of February, 1859, and the
remaining stock msy be subscribed for in such
manner as the Dicctofs may prescribe ; and tho
Board of Directors shall have power thereafter TO
call upon stock holders for further installments,
from time to time, until the full amount Of stock
subscribed for shall be paid in not to exceed ten
per cent. ($l0 per share at any one time, and .
period Of not less than sixty days shall intervene
between tho time Of payment Of said several in
stAllments, and . notice Of each inssallment thus
called for shall be posted In the place Of business
Of said company for not less than thirty days i'm
mediately preceding the day Of payment OF such
insta llment, and = like notice EhAll be given in
some pa per published in the city Of Keokuk and
upon default Of any stockhoder TO make pa mcnt
~ required, the amount Of such installmsnt, with
interest at the rate OF ten per cent may be Yeeov-
cred by suit brought In the name Of said company
against such defaultihg stock holder or ct tho OPP
ton Of the Board Of Directors, the stock on which
unpaid, together with all paid up installments
thereon, shall be forfeited to the company.
lth. The articles Of incorporation were approved
and adopted by the corporators on the 9Th day Of
January, 1859, and said porstion to continue
until the 7sh day of January, 1879, and may bere-
ncwcd.
9th. The officers Of said corporation are Board
OF Directors, consisting Of five stock (which
number may be increased, by bylaws, Ito seven.l
Said Board shAii elect one Of their number Presi-
dent, and may appoint such further officers or A.
sistsnts, from their number or Otherwise, - may
be found necessary or expedent in carrying ON the
business OF said company. The time Of holding
election lie the second Monday In January annual
ly.
9th. The highest amount Of Indebtedness or liza
biiity 70 which the company corporation shall
have power to subject itself shall not exceed tho
sum OF five hundred thousand $500 ,oOol dollars.
7th. The private property Of the ssook holders
shall be exempt from the debts or liabilities OF said
company er corporAtion.
DIRECTORS:
VIZ. S. McGAuc, GEORGE B. sxYra,
caARLKs mason, JAHss r. Cox,
DAVID ". KtLsoURxK,
VA. s. McGAVIC,
Jan. IL, l65o-dAw Az President