The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-18

4 n $3.50. - ~ IT ekNHk ~ .l.n
IOWA STATE SAYINGS BANK,
/ WILLIAM 8. 1'0Avrc,
GKoRaR d. sHYrH,
DAVID W. KIIRoURNK,
CHARLxs MASON,
Jana ,. COZ,
wiLLIAA d kA101ToNys
ARrnuRs atsRsD0asAe,
OBSERVATION-DISCLOSURES,
cARLros n. PHlar,
HUGH I. kxI1.


uAvlNa associsted themsslv anud aaxh per
i i sons may become subs cribers To The capital
stock Of the company into an Incorporated COM
spaay. ..~,.
The following notice Of the organization Of said
incorporation il made In pursuance OF Section CTS
in Chapter AZ of the Code of Iowa.
ht. The name Of this Incorporation is the
IOWA STATE SAVINGS BANK. The principal
place OF txAnSasting the business Of said Incorpo-
ration will be in the City Of Keokuk, Lee County,
State Of I6Ma. a MI 81
n. The general nature Of the business 10 be
transacted by this Incorporation, 10 general
bank king, collecting and exchange business, and
70 transact the .ordinary business Of "Savings
Bank, mot to issue any notes or other evidences
Of debts for circulation a money! and recsiving
deposits Of money and investing the same by loans
on real estate, of other securities, and may pur-
chase and sell real estate.
Sd, The amount Of the capital stock authorised il
$3.50 200, tbeing in sharos Of $i00 each.) Ten per
cent OF the amount subscribed prsyons TO the 18th
day Of February, 1855, shall be paid In by or be-
fore the said 9Th day Of February, 1859, and the
remaining stock may be sabscrbed for Ia such
manner NJ the lDieetors may prescribe and the
Board of Directors shsll haze power thereafter to
call upon stock holders for further install lime nts
from time TO time, untiethe full amount Of stock
subscribed ferShall h paid in, not to exceed ten
per cent. (Slo per share) at any one time, and
period of not less than sixty days shall intervene
between the time sf payment Of said several in
stallments, and notice Of each installment thus
called for shall be posted in the place of buniness
OK said company for not less than thirty days im-
mediatcly preceding the day of payment OF such
insta llment, and q like notice shall be given ID
some paper published 10 the city Of heokuk and
upon default Of any stakeholder to make payment
rs required, the amount Of such instailment, with
interest at the rate Of ten per cent may be
cred by sui tsbrought in the name Of said company
against such defauting stockholder, or at the OPP
tion of the Beard Of Directors, the stock on which
such installment " installDents may be dine and
unpaid, together with all paid mp instaliments
thereon, shall be forfeited to tho company.
4th. The articles OF incorporation were approved
and adopted by the corporstors ON the 9Th day OF
January, 1852 and said il to continue
mail the 7th day Of January, ls70, and may here
newed.
9Th. The officers Of said corporation are q Board
OF Directors, consisting Of Ave stock which
number may be increased, by hy-iaws, to seven.)
Said beard han elect one ut their number Prcsi-
dent, and may appoint such further officers or as
sistanS, from their number or otherwise, as may
be found necessary or expsdient in carrying on the
business Of said company. The time Of holding
election 10 the second Monday in January annual
ly. 81
9th. The highest amount of indebtedness or liza
biIity TO which the company or corporation shali
have power to subject itself, shall not exceed the
sum of five hundred thousand (500 OO0) dollars.
9TH. The private property of the stockholders
shall be exempt from the debts or liabilities Of said
company or corpora ton.
DIRECTORS.
WV. B. McGAvIc, GE0RGE b. SMITH,
CzARLEs MASON, jams u. Cox,
DAVID W. KiLDoURxx,
WM. s. MoGAvIC,
Jan. IL, l65v-dAw Nv gH HlN$ President.