The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-02-10
or TIE
IOWA STATE NGS BANK,

WILLIAM q. M'GAvIc, WILLIAM LHi0nroK,
oRORoK y. sNYTH, ARTHUR n1IDoMAE,
DAVID y. KILBouRNR, EDWARD KlLDouRNx,
orAnL.s MASON, cARLrON n. fRRaY,
sAnss =. coz, HUGH +. REID.
TTAyiNG associated themselves and such per-
IL sons AZ may become subs bers TO the capital
stock OF the company into IN incorporated con-
pany.
The following notice Of the organisation Of said
incorporation is made in pursuance Of Section 676
in Chapter IS Of tho Code Of lows.
IOWA STATE SAVINGS BANK. The principal
place Of trans acting the business Of said lncorpo
ration will be in the City Of keokak, Lee County,
State Of Iowa.
"a. The general nature OF the businsss to be
transacted by this Incorporation, Is : general
/ ham inx, collecting and exchange business, and
/ to transAct the ordinary sustness OF . "Savings
hank, tnot to issue any notes Or other evidences
Of dsbts for circulation as money! and recsiying
deposits Of money and investing the same BY loans
on real estate, or other securities, and may pur-
chase and sell real estate.
3d. The amount of the capital stock authorised IL
~ 10 600, (bcng in shares Of 500 cach.) Ten per
cent ef the amount subscribed previous 70 the 18th
day Of February, 1888, shall be paid 10 by or be-
fore the said 18th day Of February, 1850, and the
remaining stock may be subscribed for In such
usnnsr = the Dectors may prescribe and the
Board OF Directors shall have power thereafter to
call upon stock holders for further insta ilmcnts,
from time TO time, until the full amount 81 stock
subscribed fur shall be- paid in, not to exceed ten
per cent. $50 per share) at any one time, and :
period OF not loss than sixty days shall intervene
between the time Of payment Of said several in.
stsllmsnts, and notice of each instAllment thus
called for shall be posted In the place Of business
of said company for not less than thirty days Inn
msdiAteiy preceding the day Of payment Of such
inst liment, and . like notice shall be given In
acme per published In the city Of keokuk and
upon default Of any stookholder to make payment
as required, the amount If such installment. with
interest ii the rate VI tan per cent may BE- recov-
cred by suit brought in the name of said company
against such dsfauiting STOCKHOLDERS, orr ct the OPP
tior Of the Bosrdot Directors. the stock "a which
such installmsns or installments may b. due and
unpaid, together with all paid up instaliments
thereon, shall be forfeited 70 the company.
ath. The articles Of Incorporation were approved
and adopted by the corporasors on tbs 9Th day OF
until the Ith day u January, 1879, and may here
nsvsd.
6sh. The officers Of said corporation srs Doard
Of Directors, Consisting
number may BE- increased. by by-lAws, 70 ssvsn.
Said Board shail elect ono VI their number Prssi
dent. and may appoint such further officers or -
sistAnts, from their number otherwise, - MAJ
be found nccsssAxy expedient In carrying on th,
business Of sAid company. The time 81 holdind
election 10 the second Monday In January annual
) ly.
9th. The highest amount Of Indebtedness o. LA
biiity 81 which the company or corporation shall
have power to subject itself, shall not exceed tn
sum VI ave hundred thousand (teQ ,Ooo1 dollars.
7th. The private property VI the stookholder
shall be exempt from the debts or liabilities Of salt
; com paDy or corporation.
DIRECTORS.
4 VIZ. s. Mc3AvIc, Gsoaas b. EnYss,
j caAsIxs MAaos, jams r. Cox,
q DAVID W. KILsousSx,
WIN. S. McaAVIC,
Jan. IL, 1s59-dAw " Presidsnt.