The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1860-07-24
PEARL
TOOTH POWDER.
can recommend II with great confidence.
L.. G.. JngersOll, Dentist.
For sale at my Dental Roe


Articles 81 incorporation OF the
K@skuk water Power and Canal
CS@pwny s
X NOW all whom II may concern. That We, 8.
IN r. Miller, Wm. Thompson, III. Alexander, j.
p. Heruish, VIM. Patterson, D.. M. Lova, VIM. q.
Mcsiavic and Geo. b. Smyth, have associated our
selves and such persons may hereafter become
associated wi th as, ineor pcrated company,
pursuant to the provisions OF Chapter AZ OF the
Code of Iowa, for the purpcse Of contrasting .
canal upon convenient to tbs west bank of the
Mississippi river, between the city Of Keokuk and
town Of Montross, Lee county, lows, or some In
tervening points, and TO create water power for
manufacturing and other purposes, by wing dam
~ the head Of said canal, extending into said riv
or, and By locks. dykes, and such other improve
ments ~ may be deemed necessary and 10 sell.
rent, appropriate the power TINS created ~ may
be fonnd most expedent and beneficial to the com
company, and also 10 adapt and use said canal at
the discretion Of the company, for the purpose Of
steamboat nav igation.
Therefore, for the purpose Of carrying out the
object aforesaid, and for the future government Of
the company hereby created, We do hereby adopt the
following articles of Incorporation
J. The name and styie OF this company shall
be ..IHE KEoKuK WATER-P0WER AND Ca
NAL co..
2. This corporation shall commence on the 1st
day Of July, A. ID. 1860, and continue for the full
term Of City yssrs, and may he renewed by vnte
Of threefeurths of ali the votes cast at any regu
lar election.
8. The principal place of business of this corpo-
ration shalt be the city u Keokuk.
A. The Capital Stock OF the company shah be
Tive Hundred Thousand Dollars, and may be In
creased 10 Five Hundred thousand Dollars by
vote Of two-thirds Of the Directors, which stock
shall be divided and represe in shares Of One
Hundred Dollars each. and may be transferred on
the books Of the company in such manner and
der such rules the Directors of the company may
make and establish.
b. The indebtedness or pecunisry liability of the
- - 49, III -.
itai stock actually subscribed; and the private
property OF the stockholders shall be exempt from
all liability for the debts of the company, except
10 the amount of their sock subscribed and unpaid.
All stock subscribed must be paid in such manner
and at such times may be required by the Board
Of Directors, but not exceed per cent. Of the
sum subscribed every three months.
g. The compsny shall have power 60 borrow
money, purchase, acquire and bold property, real,
personal and mix ed in their cor porate name or in
the name of any other person In trust and for the
ure of the psny in onnection with any other
organised company, or individuals, and may create
debts, issue bonds, notes or other obligations, and
mortgage, lease, transfer, sell ard convey all The
property Of the company IN the same manner and
to the same extent as private individuals can do,
subject, however, to these articles.
7. The business Of this company shall be com
Quoted BY Beard of Directors, consisting OF five
stock holders, which number may be increased TO T.
which Board Of Directors shall be elected by the
took or their representatives annually,
the lst Monday In june OF each year, except
the first election, which shall be held the first
Monday in August. 1869, and II any election shall
not be held ut the time herein designated, the
President may order election to be held The
frst Monday Of any month thereafter by giving
two weeks public notice of the time and place Of
holding the same. All officers shall bold their
Offices until their successors are duly elected and
qualified.
8. The Board Of Directors Shall elect from their
number person who shall be the President Ok the
company, aud they shall have power to elect or APP
point Secretary and Treasurer Of tho Company,
and also to employ all other agents, officers and
assistants requisite for the transaction and prose
cution Of the business Of the company, and fix
their compensation, and do all other legitimate
business vi the company not in conflict with these
articles.
.. A majority Of the board OF Directors shall
constitute quorum for the transaction of bust
ness, bat ne debts liabilities shall DO incurred,
or officers elected, excepting majority ct al the
also have power to make all by-fawa and regula-
lions they may deem necessary, which shall not be
contrary to Law or these articles.
TO- The President shall have the general super
vision and direction Of the business OF the cempa
NY, and shall represent the company In the sign
lug and execution OF ali contracts and other obli
cations, uDiess otherwise expressly provided and
directed BY the Board who may delegate that pow
" 70 my other person.
III. The Treasurer shall, before entering upon
for the faithful discharge Of his duties as the
Board Of Directors may require and shall submit
| quarterly . full report Of the condition Of the
treasury.
-. The Secretary shall keep journal Of the
bylaws and other proceedings Of the Board, shall
take charge Ut al papers Of the company and keep
the same properly on Ic in the ofice OF the com
pany and 1t AL times shall submit all books and
papers belonging 10 the company To the inspection
Of any stock hoher desiring ~ see the same
| Is. Zach stock holder shall bs entitled to on
vote for each share Of capital stock he may own,
and may vote In person or by proxy In writing. q
IA. All dividends declared and paid by this com.
| pany shall be declared and paid pro rata on thu
amount VI stock actually paid In, md from thu
net potts of the business " tho company actually
1 realized.
/ is These articles may b. amended or modifes
by vote Of two thirds Of the stockholders, at AM
public meeting called expressly for that purpose.
SAM.L n. MILLER, MN. PATTERSON,
WIN. THOMPSON, J. M. LOVE,
NJ. ALEXANDER, VIM. NcGAVIC,
| 4gs j. r. HORNISH, 0kO. b. SMYTH.
Keokuk, Jsly ~, l86o-d4w
! WANTED I'M MEDlATELY,