The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-03-04
NOTICE or Incorporation
IOWA STATE SAVINGS BANK.


WILLIAM .. M'aAuc, WILLIAM LIrsnfos,
GKoRoE ,. skYfH, ARTHUR BxIDGnAN,
DAVID v. KILSoURNI, IDwA1D KILSou1m,
cHAHLIs MASON, CARLTON 4. PEa1Y,
JAnEs =. coz, HUGH +. REID.
TJAviN0 associated themselves and sash -
i sons az may becems subs osibsrs to the eoeatol
The following notice Of tho organisati4n = go
incorporation 10 made In pursuance Of 1egetoA ~
In Chapter Is Of the Code Of Iowa.
1st. The name Of this IneoYporo1fon y -
IOWA STATE SAVINGS BANK. - rs1ns1Dal
place Of uansacting the busi ness Of ~ lnoepo-
ration will DO IN the City Of Ksokuk, - 0Do1ay,
State OF Iowa.
ID. The general nature Of tho bssinsn = -
transacted By this incorporation, u : 1l
banking, collecting and exchange budnG1. 80
TO transact the ordinary business OF ss0svi6D
Bank mot TO Issue any notes OK other svidsnees
deposits Of money and investing the ssms By loans
on real estate, or other securities, and may pur.
chase and sell real sstaae.
Sd. The amount Of the capital stock authorised u
$50 600, being In shares 81 4loQ each.) Ten Der
cent Of the amount subscribed previous . the 18th
day Of February, 1859, shall 30 paid In BY or BE-
forc the said 18th day Of February, 1859, and tho
remaining stock may DO subscribed for In such
manner :; the n.Sso,; may prescribe md The
call upon stock holders for further installments,
from time to time, until the full amount Of stock
subscribed for shall b paid In, not TO exceed ten
per cent (1lo per share] at any one time, and .
between the time Of payment Of said several in-
stallments, and = notice Of each installmsnt thus
called for shall BE- posted In the pass Of basinsss
Of said company for not less than thirty days i'm
msdiately preceding the day Of payment Of such
some paper Published In the city Of Keokuk and
upon default Of any stockholdsr to make payment
- required, the amount q such inatallnsat, with
interest at the rate Of ten per cent sy BE- fseoy-
cred BY suit brought in the name Of said company
against such defaultng stockholdsr, or, 1t the OPP
ton OF the Board Of Directors. the stock o. which
such installmsnt or installments may be- Due and
unpaid, together with al paid up installments
thereon, shall be forfeited 10 the company.
4th; The articles Of inoorpxation were approved
and adopted by the corp0rators on the 9Th day Of
January, 1885, and said incorporation 10 TO continue
until the 7th day Of January, 1879, and may bsrs-
newed.
9Th The officers Of said corporation are Beard
number may be inereased. BY bylaws. 70 ssvsn.)
Said Board shall elect one Of their number Presi-
dent, and may appoint such further olkcers or -
sistants, from their number or othsrwiss, - may
be found necessary or expsdient in carrying the
business OF said company. The time 81 holding
9th. The highest amount OF indebtedness OF lia-
bility 70 which the company or corporation shall
have power TO subject itself, shall not exceed the
7th. The private property Of the stockholders
shall be exempt from the debts Or liabilities O1 said
company or corpora ticn.
VIZ. s. Mc6AvIc, GscnaE B. SIXTH,
DAVID ". KlIsoU.xn,
WIN. s. McGAvIC,
Jan. IL, 1S50-d&v4 ~ President.