The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-01-19
NOTICE Of INCORPORATION
OF THE
IOWA STATE SAVINGS BANK

IOWA STATE SAVINGS BANK.
WILLIAM .. A'cAvic, WILLIAM LEIoHros,
GEoRoE u. sMYTH, ARTHUR BRIDGHAN.
DAVID W. KiLnoUas4, EDWARD xIsouRsk,
caA1Lks MASON, CARLTON II. PERRY,
JANIS =. cox, HUGH r. srin.
HAVING associated themselves and such per-
l. sons as may become subs cribers 10 the pitsl
stock Of tbs company into an incorporated com.
pany.
The following notice Of the organization Of said
Incorporation ~ inadc 10 pursuance of Section e7s
In Chapter ~ Of the Code II Iowa.
LIST. The name Of this INCORPORATION IA ths
IOWA STATE SAVINGS BANK. The prineit al
place Of trAnsactinE tn, business OF said lnearto
ration vi II BIZ In the City OF Keokuk, Lee County.
State Of Iowa.
81. The general nature of The ba.ines. Ia he
transacted by this Incorporation, il "a general
banking, col Letting and exchange business, and
to transact the ordinary business of a ..Savisps
hank, mot to issue any notes or other evidences
% aents for circulation as money! and receiving
deposits OF money and investing the same by Lon ns
on real estate, or other securities and may pur.
chase and sell real estuts.
81 The amount Of the capital stock autho ised il
SioVoou, theng in shares of 500 eaeh.) Ten Der
cent OF the amount subscribed pre- 10 the 18TH
day Of February, 1859, shall be paid In by or be.
fore the said tth day Of February, 1859. and the
remaining stock may be subscribed for In sueb
manner as the Directors may pre.cri be and The
board OF directors shall have power thereafter to
call upon stockholders Tor further installm ents
from time to time, until the fall amount Of stock
subscribed Tor shall be paid in not to exceed ter
per cent, $50 per share) AT any one time. and 4
period Of not less than sixty days shall intervene
between the time OF payment OF said several in.
stailments, and notes Vt each inslallnent thus
called for shall be posted In the place of business
OF said company for not less than thirt, DAYS i'm
mediately preceding the day Of payment OF such
install imeni, and a like notice shall be given IN
some pa per published ia the city of keokuk and
upon dsfaul. OF any stock holder 10 make payment
as required, the amount Of such ins Ia iment, with
interest at the rate Of ten per cent may be reeoy
cF.d by sui brought In the name Of said compa,,
against such defantlng stookhoider. or at the or
ton oil the Board of Directors iii. stock on which
such instaiiment Or instnliDsnts may be due aud
unpaid, together with all paid up installment,
thereon, shall be forfeited 10 tho company.
Ath. The articles of incorporation mere approved
ana adopted hy the ccrnorators the sth day OF
January, 1888, and said ncor por Alton is 10 continue
until the 7ih day Of January 1879, and may be 70.
newed.
9th. The officers OF said corporation are a Board
OF Directors, consisting oi i've stock hode
number may be increased, by hy-la~s, to se,en. 1
SAN Hoard shall elset Ole II thsir number presi-
dent, ami may appoint such further officers or as
siatants from thsit number Or otherwise rs NAV
be found necessary or e4peditnt in carrying on the
business of said company. The time Of holding
election Is the seeond Monday in January annual
ly.
oth. The highest amount Of indebtedness or la
biiity to which the c,inlsny corporation shnil
have power to subject Itself, thail not exceed the
sun OF hive hundred thousand t5o0 ,00ol dollars.
7th. The private property ~ the stakeholder
shalt ht exempt from the debts or bilites Of said
com parry tr c0tFe3a3jan.
DIRECTOR:
WV. \. MeGAsic, Uwopag B. esYrn
CnARLEs mason, JAnfs r. Cox
DAyIn W. kttB9ugsE,
NM. h. McgAVIC,
Jan. IL, is5q-dAw4w President