The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-02-28
/ NUTIp n On InCOHFORAT1On
or THE
lOWAs6TATE SAVINGS BANK.

WILLIAM s, A'GAyIC, WILLIAM LEIGHTON,
GEORGE b. SIXTH, ARTHUR BRID0NAN,
nAYsDfw,KlLsoRax, zDNAAD KIInoDxxH,
CHARLES MASON, CARLTON n. PERRY,
Jxff1p r. cox, HUGH :. Reid.
I1AVIFG associated themselves and such psr@
soAS al inuy becSme s1bs cribers 10 the cor HI
stock Of tbs company into an Incorporated -
The following notice Of the organisatioa4 ~
incorporation ID made in pursuance OF S1m1A1m -
In Chapter 43 Of the Code Of lows ..s
LIST, The name Of this Incorporates ID ~
IOWA STATE SAVINGS BANK. The le1nslpa1
place Of tranaacting the business Of sAi4 IoooSo-
rationsw be in the City of Keokuk, Lee Coanty,
State Of Iowa.
"a. The general nature Of the b~sinem Is =
transacted BY this incorporation, Is : 1sasgol
banking, collecting aud exchange business -
10 transast the ordinary business of Savings
Bank, mot to issue any notes or other evidenees
q debts for circulation s as money and rse'ising
on rssl estate, or other securities, cd may pur-
chase and sell real estate.
Sd. The amount VI the capital stock authorized IL
$3.50 900, tbcing In shares OF $i0e each.) Ten per
cent OF the amount subscribed previous TO the 18th
day Of February, 1859, shall be paid In by or be-
fore the said 18th day Of February, 1859, and the
remaining stock may be subscribed for In such
manner rs the Diectors may prescribe /; and the
Board Of Directors shall have power thereafter to
call upon stock holders for further installnents,
from time to time, until the full amount Of stock
subscribed for shall be paid in not to exceed ten
per cent Gao per sharel at any one time, and
period Of not less than sixty days shall intervene
between the time Of payment Of said several In
stallments, and a notice OF each installment thus
called for shall BE- posted In the place OF business
Of said company Tor not less than thirty days i'm
mediatcly preceding the day Of payment Of such
insta lIment, and . like notice shall b. given in
some paper published In the city OF Keokuk and
upon default Of any stockhoher to make payment
as required, the amount OF such installment, With
interest tina rate Of Ten per rant, mAy DO reeov-
cred by suit brought in the name Of said company
against such defAultng stakeholder or, ut the OPP
tiun Of the Board Of Director tAs stock o. which
such installment Or installDents may be due and
unpaid, together with all paid up instAllments
thereon, shAll be forfeited to the company. f
lth. The articles Of Incorporation were approved
and adopted by the ccrpcYators on tie Ser day Of
Janusry, and said incorporates ID 70 oontiDus
until the 7th day Of January, 1879, and may bere-
newed.
bth. The oGors Of said eorporaiion ere Board
Of Directors, consisting Of Eve stock (which
number may be Increased BY by-iAws, to ssven.)
Said Board shsll slest one u their number Presi-
dent, and may appoint such further officers or as-
sistants, from their number or otherwise, - may
be found necessary expedient la carrying o. the
BUSINESS OF said company The time Of holding
election il the second Monday in January annuAE
9th. The highest amount Of indebtedness OF la
hive powss 70 sukecs isseif, shall NOS exceed the
sum Of FIVE hundred Thousand $50 600 dollars.
7th. The private properly uf the stockholders
shall be exempt from the debts u liabilities u said
company Of o'Fpe'f p siss,
VIZ. s.tAc0Avic, 0soasn D. 6nrrH,
CaARLxs MAsos, -.J4Ass F. Cox,
WA. s. McGAVIC,
Jan. IL. lS5s-dAv4w President.