The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-01-17
NOTICE OF INCORPOn ALTON
or TIM
IOWA STATE SAVINGS BANK


IOWA STATE SAVINGS BANK.
WILLIAMS = A'oAvlc, WILLIAM LxIoHroS,
OEon01 >. s1YrH, ARTHUR D1lDonAN,
DAVID y. xILsoUxNH, HOWARD kiLBouRHE,
cHARLrs MAsoN, CARLTON n. PRaRr,
JAnBs =. coz, HUGH =. REID.
HAVING associated themselves and such per-
- sons ~ msy become subs cribers 70 the capital
stock Of the company into m incorporated com
pauy.
The following notice Of the organisation Of said
incorporation Is made in pursuance Of Section eTs
In Chapter - Of the Code Of Iowa.
LIST. The name Of this Incorporation 10 the
IOWA STATE SAVINGS BANK The principal
place Of trans acting the bust of said Incorpo-
ration will b in the City OF Ksokuk, Leo County,
State Of Iowa.
"a. The general nature Of tho business to be
Transacted by this incorporation, IL . general
bsn 4 iuR, col Letting and exchange business, and
10 transact the ordinary husinsss Of ''Savings
Bank mot TO issue any notes other evidences
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 Il
q - 80, (bsins In shares Of 800 sacA Ten per
esnt Of Ne amoant subscribed prsvioss 10 the 18th
day Of February, 1859, shall Be paid In BY or BE-
fore the said 9Th day Of February, 1850, and The
remaining stock may be subscribed for In such
manner ~ the Diectors may prescribe and the
Board OF Dirsctors shall have power thereafter u
call upon stockholders for further installments
from time to time, until the full amount Of stock
subscribed for shall be paid in, not to exceed tan
per cent (tIs per share) q any one. time, and Z
period Of NO. less than sixty days shall intervene
stalimsnts, and noties Of saSh inatallnsnt thu,
called for shall be posted In the place Of busincs,
| Of said company for not less than thirty days i'm
msdiately preceding the day Of payment Of such
4 - IN ~ -
some papsr publishsd In the city Of Keokuk and
| upon default Of any stockhoiieT to make psym en-
- required, the amount OF such Install ment, with
interest at ths rate Of ten per cent, may Do
cred by suit bYoagAt In the name Of said company
against such dsfauiting stock holder, or at the op
ton OF the Board OF Directors the stock on which
/ such stailmsnt or instsllmen may be due ans
| unpaid, together with OH paid up installucnt
thereon, shall be forfeited 70 the company,
lth. The articles Of incorporation were approves
] and adopted by the corporators on the 9Th day o.
January, 1889, aud said incorporation ID to continue
until the 7th day Of January, 1879, and may be 70
nswsd.
9Th. The officers Of said corporation are Boar,
Of Directors, consisting OF i've stock twhc
number may be increased, by by-iaws, 10 seven.
Said Board shall elect one of their Eamber Presi
dent, and may appoint suoh further officers ~
sistants. from their number or otherwise, ~ ma,
be found necessary or expedient In carrying on tn
| business OF said company. The time Of holdinl
election 10 the second Monday In January annual
| ly.
9th. The highest amount Of indebtedness or liz
bility to which the Ct mpany corporation shall
have power TO subject itself, shall not exceed III
| sum Of ave hundred thousand $500 ,O00) doliass.
7th. The private properly Of the stock holder
shall be exempt from the debts or liabilities Of sa
| com pany or corpora tion.
DIRECTORS.
/ VIZ. b. Mc9Avic, GKoRGE b. knYra,
CHARLES MASON, JANIS y. Cox,
| DAVID w. kiLnouRsE.
WM. s. McGAVIc,
/ Jan. IL, 185VdkW ~ President.