The Toledo chronicle. [volume] (Toledo, Tama County, Iowa) 1873-1924, 1873-06-05
NEW 4DTER EASEMENTS.
Notice Of Incorporation.
To Whom it nay Concern

To Whom it nay Coacern:
Notice Is hereby given that Leander
Clark, w. F. Johnston, John Connell, l.. B.
Nelson, c. b. Bradshaw, Mrs. L. n. Bark
err, Ralph Morecroft, Theodore Schaeffer, s.
Stiger, T. s. Free, p G. Weiting, Geo. r.
Struble +. A. Morse. J. Q. Clark, G. 2. n.
Barker, Geo. ] Bale, Jacob Yciser, Jr.,
Benjamin Stone, A. Chapman, Knight Dex-
ter, J. r. McClaskey, John Nauerih, Furry
Newcomer, VIM. Reickhof, Andy Maiden,
Warren Hartman, T. J. Sweat, John Sweat,
Winfield J. Johnston, f. E. Stickney, G. II.
Goodrich, John Youngman, NJ. Keefer, Da-
vid Stoner, Wesley Johnston, d. Arb, Dem
John G. Safely, y. d. Appellate S. C. Mc>
Mrs. Mary A. Morse, 6. E. Maxwell, L.
Carmichael, j. d. Sweat, A. A. DIN, G. j.
Stevens, Mrs. Uretta Kilner, Chas. NJ. Hen
dry, d. B. Hendry h. S. Clark, G. w.
Sweat. Henry Galley, j, s. Moore, Eliza NJ.
Nelson, j. F. Lemberger, c. w. Conant, Lu-
cy L. Graham, Edward Ruggles, Chas. Gray
Jr., A. n. Poyneer, J. G. Cronk and Thomas
Barlow, have associated themselves rs an
Incorporated company, pursuant to the pro-
visions of chapter SO, of the Revision Of
1860, and the laws Of Iowa, amendatory
thereof, for the purpose Of transacting q
General Banking Business, and the ordina-
ny business Of Savings Institution, re-
ceiving deposits Of money and allowing in.
tercst thereon, aud investing such deposits
by loans on real property or personal Sc,
curity, receiving interest therefor, or in
such a manner as Board Of Directors may
from time to time direct, to accept and ex-
ecute all such trusts as may be committed
to it by any Court of Record, Corporation,
Company, or private individuals, and to is>
sue certificates of deposit, or other evidens
ces Of trust or credit, with or without inter-
est, payable on demand, or on time, and to
do general banking, exchange and bro
kerage business, and own property, real
and personal, all in such manner and form
as the by FLAWS, rules and regulations of
said Corporation, shall direct, and in con-
formity with the laws Of the State Of Iowa,
and have agreed to and hereby establish the
following Articles Of Incorporation
ART.I. This association shall be known
and designated as "The Toledo Savings
Bank"
ART. II. The amount Of capital stock Of
said Corporation shall be One Hundred
Thousand Dollars, divided into shares of
One Hundred Dollars each, and not less
than ten per cent. of the amount subscrib.
ed .or, shall be paid in on OF before the first
day Of May, A. D., 1878, and Board of
Directors shall have authority thereafter to
call upon stockholders for further INSTALL
ments from time to time-Pforided that no
other Installment can be called for before
the first day Of November, A. d., 1873, and
that no installment can ever be called for
ct on, time greater than ten per cent; nor
shall any two installments ever be called
for within less than ninety days of each
other, and then only upon thirty days no.
tice; and provided, further, that not more
than fifteen per cent. in addition to the first
installmens Of ten per cent. shall ever be
ordered. unless, in the opinion Of the Beard
OF Directors, losses sustained by the Insti-
tuition shall require it. Notice Of any in
stallment called for shall be posted in the
place of business Of said Corporation, for
not less than thirty days Immediately pre-.
ceding .he day of payment of such install-
ment, and published in some paper in Tole-
do, for not less than two weeks preceding
the day Of such payment. II sny stockhold-
err shall fail to pay any installment when
the same shall be ordoved % herein pro-
vided, the Board Of Directors may sell the
stock held " such delinquent stakeholder,
at public suction, giving ten days previous
notice thereof, in any newspaper published
in said town Of Toledo, and sell tas same to
the highest bidder, unless sooner paid. From
the proceeds of such sale shall be deducted
the necessary expenses attending the same,
and such delinquent stakeholder may be
p, ocesded against by suit at law for any
balance due said institution upon the in