Tama County Republican. (Toledo, Tama County, Iowa) 1867-1872, 1870-07-14
Approved April Is, 1870.
CHAPTER 172.

AN ACT to amend Chapter 81 and
50 ofthc Revision Of 1860 in rcla-
tion to Corporations:
Sec. !. BE it enacted by tho Gener-
al Asssmbiy Of the State ef Iona, That
sections 1852, 1853, 1156, l16l, 1872,
1888, 1lg3, 1894, and 1897 Of the
Revision Of 1860, lie amended as
hereinafter provided.
Sec. 2. Amend section 1852, by
adding at the end of said section the
words land in the office Of the secrc-
taiy of State in book kept for that
purpose"
Sec. 4. Amend section 1853. by
striking out of said section the words
corporations for the construction of
any work of internal improvement,
mus, in addition also file Il copy OF
such erticlcs in the office Of the sec
rctary Of State, and have the record
ed By him in book kept for that
purpose.
Sec. 4. Amend section 1856, by
striking out Of the fourth line Of said
section the words '.when such fling
is necessary"
Sec. 5. Amend section l16l, by add
ing to said section the words land Il
copy thereof must be filed in the Of
flee ofthc secretary Of State"
Sec. 6. Amend section 1172, by in
scrting afier the word "excmpts' in
the first line the words "neilner can
provisions in the articles Of incor-
poration exempt"
Sec. Z. Amend section 11SS, by
inserting after the word recorded
in the first line. the words s.by the
recorder of deeds of the county where
the principal place Of business is
kept only"
Sec. 8. Amend section 1893, by
striking out Of the seventh line Of
said section, the words ''file in the Of
flee Of secretary Of Stat" and also"
and inserting the words shave record
ed pror,ded, that a failure of any
corporation organized prior to the
taking effect Of this act, for bencyo-
lent, charitable, scientific, religious
or missionary purposes, or any other
lawful purpose unconnected with
motives OF pccnninary profit, to file a
copy CT their articles or certificate Of
incorporation with the secretary of
State. shall not in any manner affect
the legality Of the acts Of any such
corporation, but all the acts of the Of
ticers of such corporation shall be
considered as legal and binding rs
they wo Id have been, had their ar
ticles or certificate of incorporation
been filed in the office Of tho sec
retary of State, at the time OF organi
cation, and, proridsd, further, that ar
ticles Of incorporation Of charitable,
religious, or scientific Institutions,
dating prior to this date and not re-
corded in the Office of the secretary of
State, shall he recorded in the office
Of the recorder in the county in which
such institutions arc situate
Sec. 8. Amend section 1904. by
striking out of the first line OF said
section after the word filing the
word 'a' and inserting tho words
tor record the
Sec. 10. Amend section 1907, by
striking out OF the third line OF
said section the words secretary
OF State, or with the" aud the words
"ttis State ut the end of said sec
tion and in place of 'tl:is State" in.
sert tho words 1.-The county,
Sec. IL. Amy corporation organ
,zed for the purp,se OF pecuniary
profit, pure uant to the provisions
Of chapter So, OF tho Revision ot
1860, or amendments thereto wilcl,
shall iail to have its articles OF in.
corporation recorded in the office
ot secretary Of State, within three
months after taking cff;ct OF this
act. shalt be prohibited from doing
business rs corporation, pror,ded,
that nothing in this section shall b,
construed SO AS to relieve such cor.
poration from the fulfillment Of all
contracts made prior to the taking
effect If this act, or to relieve inli
vi.lual members thereto from lia.
bility to the amount of the unpaid
insta lments on the stock owned by
them. or transferred by them for
this purpose OF deirauding creditors
/! Approved April l6, 1870.
!