The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1860-07-30
PEARL
TOOTH POWDER.

/ can Recommend ii with great con 6dsnee.
L.. G.. JngersOll, Dentist.
For sale at my Densai m ems,
| Garner Of Bird and Main Streets, keokuk.
| June is, 1850. d
| Arttcles OF Incorporation OF The
| keskuk water Fewer and Canal
Company.
TX NOW all whom II may concern. That We, g
IL y. Miller, Mm. Thorn pson, NJ. Alexander. J.
+. Hornish, Vim. Patterson, j. A. Love, VIM 4.
Mct3avie and Geo. b. smyth. have associated our
| selves and such persons may hereafter become
associated wi tn as, a. 30 incorporated company
1 pursuant TO the provisions Of Chapter AZ of thu
Code OF Iowa, for the purpose Of constructing q
canal upon or convenient 90 the west bank of the
Mississippi river, between the city of ksok ak and
town Ut hontross, Lee county. Iowa, or some In
| tervsning points, and 10 create water power for
manufacturing and other purposes, by wing dam
At the head Of said canal extending into said riv-
| or, and by locks, kes, and such other improve
ments ~ may be deemed necessary and to sell,
rant, or appropriate the power thus created as may
be found most expsdisnt and beneficial 20 the com
company, and also to adapt and said canal, at
the discretion Of the company, for the purpose of
| steamboat navigation.
Therefore, for the purpose OF carrying out the
object aforesaid, and fer the future government of
the company hereby created, do hereby adopt the
following articles Of Incorporation.
1. The nAme and styIe Of this company shall
be "TlIE KEoKuK WATER-PoWER AND Ca
NALcO
z. This corporation shall commence on the lat
day of July, A. D. 1859, and continue fer the full
term of City ycsrs, and may be renewed by vote
OF three-fsnrths OF all the votes cast at any regn-
lar election.
3. fhsprincipai place Of business Of this corpo-
ration shall be the city of keokuk.
4. The Capital Stock OF the company shall be
TIVE Hundred Thousand Dollars, and may be in
creased to Five Hundred Thousand Dollars BIZ q
vote OF two-thrds Of the Directors, which stock
shall be divided and represented In shares OF One
Hundred Dollars each. and may be transferred ON
the books Of the company in such manner and un-
der such rules the Directors Of the company may
make and establish.
B. The Indebtedness pecunisry liability of the
company shall ~ no time exceed half The cap.
It's | stock actually subscribed and the private
property Of the ockhoiders shall be exempt from
all liability for the debts Of the company, except
TO the amount of their stock subscribed and unpaid
All stock subscribed must De paid in saeh manner
and al such times IS may be required by the Board
OF Directors, but not TO exceed ten per cent of the
SUN subscribed every three mouths.
9. The company shall have power TO borrow
money, purchase, acquire and hold property real
personal and IN ixed in their corporate name or in
the name of any other person i'm trust and for the
DC OF he company or IN connection with any other
organised company, or indivlduals, and may create
debts, issue bosds, notes other obligations and
property Of the company In the same manner and
TO the same extent as private individuals can do
subject, however, to these ar scles.
y. The business OF this company shall be con-
Quoted by Board Of Dire ctors, consisting of Ave
ockbolders, which number may be increased to 7.
which Board Of Directors shall be elected by the
tsek holders or their represen annually on
the LIST Monday in jane Of each year except
Toe hrst election, which shall be held the first
Monday in August ls6e, and IL any election shall
not be held at the time herein designated, the
President may order IN election to be held on the
first Monday Of any month thereafter by giving
twc weeks public notice of the time and place OF
holding the same All officers shall hold their
ofRces until their are duly elected and
qualified
s. The Board of Directors shs II elect from their
number person who shall be the President Of the
COMPANY, snd they shall have power TO elect or sp-
point Secretary and Treasurer of the Company,
and also TO employ all other agents, officers and
Assstants requisite for the Transaction and PROSE
cution Of the business of the company, and FIX
their compensation, and do all other legitimate
business Of the company not in conflict with these
articles.
Q. A majority of the board of Directors shall
constitute quorum for the transaction of busi-
ness but ne debts or liabilities shall be incurred,
or officers elected, excepting majority Of ali the
Board Of Directors concur therein. They shall
also have power 10 make all bylaws and rcgula-
tons they may deem necessary, which shall not be
contrary to law or these articles.
~ ne TTcsAuehL snail nave the general super
vision and direction of the business Of the compa-
ny, and shall represent the company in the sign
ing and execution of all contracts and other obi
cations, unless otherwise expressly provided and
directed by the Board who may delegate that pow
or to any other person
III. The Treasurer shall, before entering upon
the duties OF his oiee enter into such obligations
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.
IL. The Secretary shall keep Journal OF the
bylaws and other proceedings of the Board, shall
take charge Of all papers Of the company and keep
the same properly on Gle in the Office of the
pany and 81 all times shall submit all books and
papers belonging to the company 10 the inspection
OF any stockhodef desiring to see the same.
Is. Zach stakeholder shall be entitled to on
vote for each share Of capital stock he may own,
and may vote in person or by proxy In writing.
IA. All dividends declared and paid by this co N.
pany shall be declared and paid pro rata on the
amount OF stock actually paid in, and from the
net potts OF the business Of the company actually
realized.
ID These articles may be amended or modified
by vote Of two thirds Of the stockholders at any
public meeting called expressly for that purpose
SAMI r. MILLER, VIM. PATTERSON,
WIN. THOMPSON, J. M. LOVE,
nj. ALEXANDER, VIM. d. McGAvIC,
j.. p. HOHNISH, 0KO. b. bMYTH.
At.~L l..n-