The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1860-07-23

CAD Feccommcnd liz with great Onndsn04.
La. G.. DngerSOll, Dentist.
For sale 1t ny DsnsaI u ssms,
| C,rner II srd and Main Streets, keokuk.
| June 10, 1850. d
Arstcfes OF Iacsvporaaion sS the
keekuk Water Power and Canal
C0mpsm
| X Nov all whom il may concern Tha, we, 8.
IN r. Mtier. Mm. heinpsun, NJ. Alexander, j.
r. liorntsh, Vim. Patterson. Love, Vim H.
Mc'issie ard oeo. Ii smyth. haze associated eur
selves and such Persons msy hereafter become
associated Witk us, An inro rated com pan y,
Iursu#nt ~ the rosisians OF Csapter % VI the
Code OF lows, for the purpose Of corssrue,ibg q
e,ns apon or convenient to tbs west bank of the
Mssissipli river, b twe.n the city Of keowuk and
town VT Montross, Lee eouaty. IvwA. or some in
tervsning pints, o. d 10 create water power for
m1nsfaes nring ard other porpeses, by Q wing dan
o. the head Of said canal, extending into ssd rv-
er, and by locks dykes. aad such ether improve
ments - may bs aeemsc necessary AMI 10 cell,
rent. or sppfopri ate Z tow thus crested may
be found nsst expedien ant beneficial to he en-
company. ard aleo ~ adapt and use said canal M
tie d,screrion Of the sompany, for the purpose Of
sfesmfeat navi "A ton.
Therefore, for the parpnse Of carrying ont the
obIect aforesaid, AID Tor the future government II
the p@ny hereby created, d. ksreby sd pit the
follow ng sSsleles 81 Incorporation
!. The name end style Of this company shall
be ''THk kkoklK WATEh-p0ME R AND CA
NAL CO"
2. Tsis corparasion ,ha,I commence On The l.,
day IL July, A ID. Ice, and continue flr g. full
term Of 6fty yrsrs aud may DO renewed By vote
VI tbr-rf.urtns of all the woes cast at any regu
In, election.
3. ID principal place Of business of this corpo-
rst'on shall b. the city of kevkuk.
4. The Cali ri SLce CT the company shall be
Two hundred 4 heu.ard Collars. and may be in
crea cd To Eve Hunarcd Thousand Duilais by a
vote 0f 'wo-i rus OF tne directors, which stick
shall DC divp ed ard pres nted shares OF One
Nundsed Dollars each. and insy be trsnsfsrred on
the to"ks the comp any IN such manner aud uu-
der such ralvs the directors of The company may
make aud estsb lisn.
8. The ind bseaness or pecunisry liability of the
npany shail at tia.e exceed one-haIf the cap
iIal stock actually subscribed; and the private
property 1T the ssock' o,deih shall be mpt from
ali liability for the d. BITS of the company, except
10 the amount of their oek suber BID and unpaid.
All stock subrcsi bad must be sa,d In such manner
and NJ such times ~ may be required by the bosrd
u Dire tors, but nnt exceed per oen Of the
sun suhcribed every three months.
The comp ny shall have power TO brrow
mpnfy, purchase, acquire and hold property real,
persona and M xed ia heir corporate name in
the name Of any other person In trust AMI for the
OF the company or In sonnectiSn with sny other
organised mpany, or indiv,duah, and may create
debs, issue bonds notes OF o. her obligations, anl
morgags, lsass, trsnsfer, seil and convey ali the
property u the oons any IN the ssms nADner and
10 tas sans sxtsnt - private ind.vidusis en- "a,
sui ject, h0Weer, "a theee articles.
The ensinsss OF this sSmpAny shall be con-
ducsed BY 6.arA Of Directors, cdsnsisfinx OF hve
stock holdess which nuuAsr unay be increased to T.
which Board Of Directors shali Be elected By he
tosh holdsYs THAR annually,
The Let Mvnday In june OF sach year, except
the Arst slcstion, which snsIl Ne bid on the Frs
Monday Ia August, ls6e and il any ell o. ion shall
not - held ct the time herein dssienas cd, the
President may order IN election to - held on the
Gst Monday VI any month thereafter By giving
twc week public notice Of tie time and pls.e Of
h.ldinr the same. All officers shall hold their
uses until their successors are duly eisctsa and
qualified.
q. The Board Of Directors shsll elect from their
nunbsr per.on who shall be the President Of the
company snd they shsi have pyssr 10 elect or Ap-
point Secretary and Treasu Of The company,
and also TO emIhy all other agents. onAeefs and
q ssstanis requisite for the 'ransaction aud pros
cution Vt the businsn Of the cEl~ny, and Ax
their cou pensstion, and do all other Legitimate
business Ut the O06paDy not In coIfict With these
articles.
constitass quors. Tor the transaction OF bssis
ncss, bat bis or lsao iities shaA - inenrr,d,
or officers ststed, exc ping psjorify ef al the
Board VI utrsc.ors ecnear ihere,u. 1hcy shsll
also have power 10 make al b, laws and ftgaia-
ions the, may dec necessary, which shall mol be
contrary ~ Law or thess Arr,oles.
10 The Psesits nj shs1t have the general super
vi.son and direction u tho business Ut the caapa-
n.y. and shaii represent the COINS any In the sign
H. and execution Of ali contsaess and other obj
CATIONS, unless otherwise expressly prov ided and
directed BY the Board Who may delegate that pow
or 10 any other psfson-
Ii. The treasurer shall, before entering upon
The duils of his.fce, enter mt, such obls at ons
for the taishfai discharge or his duties NJ the
hosId OF directors missy require, and shall sueni'
quart riy . full report Ut the condition OF the
tsspsGly.
II. he Secretary shalt KEEP 4 journal OF the
by law and other proceedings Ut tbs board. shalt
lake charge Of ali papers VI cue company and keep
the prom rlv q IN the efase Ut he Coin
pan, and = all times shall submit ali b oks and
pers bsiot gin ~ he company 70 the inspection
II any stos khotd,r desiring 10 see III. same
IL. Each stock no der sh,il be entitled 70 on
vote FUR each share of capital stuck be may own,
and may .e,s IN person BY proxy in writing.
Ia. All dividends d.cla, Cd aud paid BY this CON-
pany shall be declared snd paid pro raia on the
amount VI o. Oh aetna ly pad in, and firm tn,
net potts Of the business OF the company actually
rras lied.
ID These articles may Be sm nded or modified
by vote VI two thirds II the 1T ck ders ~ any
public me.ting called expressly for thai purpose.
bAM'L r. MILE, Nm. PAI1EncuN,
VIM. TliOMPsON, J. M. LOVE,
M. ALI XAkDEK Nm. 3. McuAvIC,
j. p. HOkNI-H, Gk0. b. aMYrH.
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