The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1860-07-25
PEARL. u !,
TOOTH POWDER.

s""'S,Hnanc"0 - ~htA 0s1
l.. e.. DngerSOlI. Dentist
l sstty.s, rornle It ny Dentaf Rssnas,
Cornsr 81 Sid aid Main Streets, keokuk. II Aa
'lsns ~, ispo,a Msa.s 81 .gs, ss.s u 49,, IL
Aras1s<s1 - Hac~Sp grafton OF the
ksSask WatcrH1swsr aHA CanHi
Cs9ps ~. hra .assk ega
IN r. Miller, W M. Aaan pson, NJ. Alexander, j.
r.. HerniEh, VIM. Patterson, j. "a. Love, Vim. 81.
Mcsiasie and Geo b. smyth, have associated our
selves and such pers1ns 81 may hereafter become
assosaafed With us. ~ an incofprsted company,
pursuant 90 the PROVISIONS of Chapter 45 of the
Code OF Iowa, for the parpose Of constructing a
cana upon veuient 10 the est bank of the
Mississippi river, between the city Of keokuk and
town 81 Montrose, Lee connty, Iowa, or some in
teryening points, and 10 create water power for
manufacturing and other purposes by wing dam
al the bead vt said canal. extending into SAID riv
or, and by locks aykes, and such ether improve
msnts as may he deemed necessary and to sell.
rent on alproprs ate the power thus created may
De found most sxpedient and beneficial to the com
company, ard also 70 adapt and use said canal of
the discretion OF the company, for tue purpose Of
| steamboat navigation.
Therefore, for the purpoae Of carrying out the
object aforesaid. and fur the future govern of
the company hsrsby created, VIE d. hereby ad t the
following articles vt Incorporation:
]. lAe name and styls vi this company shall
be THE kEoKLK WATEK-PoN Err AND CA
/ 2. This corporation shall commence ON the Ist
day Of July, "A. d. 1859, and continue fer tie fun
| term OF Fifty ysxrs, and may lie renewed by yote
of three-feurths of all the votes cast at any regu-
la election.
3. lheprncipal place of business of this corpo-
ration shalt be the city of Keckak.
i 4. The cApfssi Stock or the company shall be
I've Hundred Ihousand Dollars, and may be in
creased to Five Hundred Thousand Dollars by a
vote Of twc-fhirds Of the Directors, which stock
shall be divided and rrprese uted in. shares OF One
Hundred Dollars each. and may be transferred on
The books Of the comp any In such manner and un-
der such rules the Directors OF the company may
| make and estabiish.
5. The Indebtedness or pecuniary liability of the
ulpany shall at no time exceed onc-haf the ca
ital stock actually subscribed; and the private
property OF the stock holders shall be exempt from
nil liability for the debts of the company except
10 the amount Of their stock subscribed and unpaid
All stock subscribed must be paid in such manner
and al such times ~ may be required by the Beard
Of Directors, but moi 30 exceed Ten per cent Of the
sum subscribed every three months.
! g. The company shall have power 10 borrow
n9ney, purchase, acquire and hold property real,
personal ard mixed In their corporate name or in
the name of any other person in trust and for the
use OF the company or In connection with any other
/ organized eDmpany or individuals, and may create
debts, issue bonds, notes or other obligations and
mortgage, lease transfer, sell and convey all the
property of the company IN the same manner and
| 70 the same extent as private individuals do,
| q. The business of this company shall be con-
ductnd'b y~a Beard OF Dirs etors, consisting OF FIVE
stock holders which number may be increased TO 4
4 which Board of Directors shalt be elected by the
stockholders their representatives, annually, on
the LIST Monday in June OF each year, except
the frst election, which shall be held on the frss
Monday in August, 1859, and IL any eIcc ion shall
not be held at the time herein designated, the
President may order an election to be held on ths
first Monday VI any month thereafter by giving
| two weeks public notice of the time and place OF
holding the same. All officers shall hold thei,
ofiees until their SUCCESSORS duly elected and
Il qualified
II B. The Board of Directors sha Ii elect from thei
number persen who shall BIO the President of the
company, and they shall have power To elect or ap
point Secretary and Treasurer Of the Company
and also 10 employ all other agents. officers ans
tanfs requisite f0 the transa elton and pross-
cation Of the husinass Of the company, and e.,
II their eompsnsst ou, and do ali other legitmai,
business OF the company not In conflict with thes'
articles.
o. A majority ef the board of Directors shall
constitute q quorum for the transaction of bust
ness, but ne debts or liabilities shall to incurred
or officers elected. excepting majority Of all th
Board Of Directors concur therein. They shall
also have power to make all bylaws and regala
tions they may deem necessary, which shall not b
contrary to law or these articles.
10. The President shall have the general super
vision and direction Of be business OF the compa
ny, and shall represent the company in the sign
cations, unless otherwise expressly provided an
directed by the Board, who may delegate that pow
or to any other person.
III. The Treasurer shall, before entering upo
the duties Of his Office, enter into such obligation
for the faithful discharge Of bis duties th
Board of Directors may require, and shall submit
quarterly a full report Of the condition Of th
treasury.
: H. The Secretary shall keep journal Of th
by laws and other proceedings VI tue Board, sha
take charge of all papers Of the company and kee
the same properly file in the oies OF the con
pany, and at all times shall submit all books ar
papers belonging to the company to the ingpeetio
~ any stecl ,aer acsirsr,, tc scs - ss3....
!, IL. Each stakeholder shall be entitled to OF
| vote for each share Of capital stock he may ow
z and may vote In person or by proxy In writing.
IL. All dividends declared and paid by this con
: pany shall be declared and paid pro rata on Il
amount VI stock actually paid in, and from Il
% net potts Of the business VI the company actual
u realized.
ls Id. These articles may be amended or modi d
o. by vote of two thirds OF the stookho at
public meeting called expressly for that purpose.
10 sAM'L II. MILLER, MM. PATTERSON,
VIM. THOMPSON, ]. M. LOVE,
M. ALEXANDER, VIM. 8. McGAvIC,
j. r. HORNISH, uKO. Is. SMYTH.
I'll Keokuk, July IA, is6e-d4w