The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-14
worruE or IrCOnPOHATION
- 9f
IOWA STATE SAVINGS BANK.

WILLIAM D. M'0Ayio, WILLIAM LHl0A1OSs
arornx =. sxYrn, ARr1U1 BRrD0AAN,
DAVID ". KILBoURNE, EDwARD KILDounAs,
nHAuLrs nAsor.A OAALToN H Rn11Y,
..ur. ;. coz. HUGH r. REID.
HAVING associated themselves ana sach Isf.
II nnns "A ms become subs cribers to the capital
stoSr Il TIC ebh'rany into an Incorporates ssn-
pany. A., n,...,~> y "a
INCORPORATION 10 made in pursuance Of beee1ea 0IV
IN Chapter Is Of the Code Of Iowa. .##..
Ist. The name OF this lncorp011et0n u -
IOWA STATE SAVINGS BANK. 1ne pa1A0ipal
place Of acting the busin Of I'D lnSorpc
ration win be in ths City Of KeokukA Lee Ooanty,
State Of Iowa.
"a. The general nature of the business 70 b
transacted by this incorporation, y = gsnsa!
sanking, colleesinE and exchange eusln 49,. ne
Bank, tnot TO issus any notes or other Eyidsness
of debts for circuiation as money! and receiving
deposits Of money and investing the Same ~ loans
on real estate, or other securities, and may PR
Sd. The amount 81 the capital stock authorised y
47bO ,OO0 (being in shares 81 500 sach.) Ten per
cent Of ths amount suhsorbsd prs5ious 70 the 18th
day Of February, 1859, shali Be paid IN by OF b.
remaining stock may be subscribed for IN sash
manner g the doctors may prescribe and ths
Board of Directors shall hsvs power tAersA3tsr 70
call upon stock holders for further instAllnA1ts,
from ttme 10 time, Until the Aull Amount VI BtOok
subscribed for shall be paid In, not TO exsssd Ism
per cent. $50 per shars) st any one time, and :
period Of NOT less than sixty days shall intervene
between the time 81 payment OF said several in
stallments, and potiss ot each installment thus
called for shall BE- posted In the place 81 business
of said cofnpAny fof not less than thirty days i'm
mediately preceding the day Of payment Of such
insta llmcnt, and IKE notice shall be given In
some paper published In the city Of Kcokuk and
upon default Of any stakeholder to make payment
a. required, the amount Of such instAllment, with
interest tbs rate Of ten per cent, may - Sssov
cred By suit brought in the name Of said company
against such defAuitng ckholder, or, ~ the OPP
ton OF tbs BoaEdof Directors, the stock on which
| such instailms or installwsnis may be due and
unpaid, together with al paid up instAlimsnts
thereon, shall be forfeited to the company. #4
4th. The articles Of incorporation were approved
and adopted by the ocrporators on the 9Th day OF
January 1850 and said ncorpor alton il to continue
until the 7sh day Of January, 1879, and may bere-
newed.
sth. The officers Of ssid corporation are Beard
OF Directors consisting of Eve stockholders which
nnnb may be increased, by bylaws, 70 seven.
Said Board shall elect one II their number Presi
| dent, and may appoint such further ofAcers ~
sistAnts from their number or otherwise, - NAL
be found necessary or expedent In carrying on thu
| business OF said COMPANY. The time Of holding
election 10 the second Monday in January annual
9th. The hi chest amount Of Indebtedness or la
| bility TO which the company or corporation shal
have power to subject itself, shall not exceed tn
I sum Of Ave hundred thousand t6o0 ,0oO1 dollars.
/ 7th. The private property Of the stcokhobder
shall be exempt from the debts or liabilities Of sai
company or corpora ton.
DIRECTORS:
VIZ. s. McGAvrc, GEoRsE B. SIXTH,
CHARLxs MAsor, Jams y. Cox,
DAVID W. KiLsoUME.
WM S. McGAvIc,
4 Jan. II, 185o-dAw4w President.