The Toledo chronicle. [volume] (Toledo, Tama County, Iowa) 1873-1924, 1874-07-23
ARTICLES OF INCORPORATION
OF THE
Farmers Elevator Company,
OF TOLEDO, IOWA

Anr1cIE1 Be it known that William B. King,
Turner Fot>cr. II j. Pat tson and 6 ". Sweat,
with their associates aud sbcc = rs ana all slth
indiy iduas shall bef. after become stockholders
in this company hereby tr5..tcsi sinai. become
body carpo'atse and f",nti tn"e, the uamy t .hi
e0o f0.a as aatb3stlei by Ghaatat ona ! f#e
nile. &c III, tyas II t0Wa. pa. az IN ST spJi Z
81 81 II s III t1H.t,e nh oena i. assembly 'lt
MS adj therrto
u: !, III .cnsFa and principal hu.i mss
Shall BE + n.y4te- selling storing and >ht'finS
gam Ia ,fste tnd al &ini> 7 an aE 'ftg
A..r,s ibf p3ase 81 buei.ss :, shall er AZ
Toe1o. "a county Iowa
saqlc1 / Any person nay become a meiulfar
o5 snis corpora taa by sahs atltda- 7" r. owlta5
one s,r more sbae If II etpttai stock I'll ref
At.r5ci E5. fhr eaPtta sock OF TINS coma lipy
shall I, twenty Five Ihoastad Dollars. in shaics
Of i, a na.ia zsG All staak Subscribed <hatl
b oua an. ny 81, = f1!i9ws Oue-fonrth il, "a
a.lv, e "a, Ne ia IN il subscribed va
fouetn IN ttac. moaEhs onc-foarth IA ipur
nl,.iths aud ne balau in ave months faom the
oa5e tns is sHbsefb d; provided that
a, ~ any s,o,A snaii BE- payable before June
sti.cIE6 No stp. kholder shall hold more
thon ut. shares of tha ea.,itil stock OF said
pany.
business when fhrs Thousand Five Hauietd
Doilals af III "atta stol shall ne subscribed
ARqctF u. annual 81 th ,ldyrs meeting
of the Co1n9anr s!.4! he h"id a Che comp3Dy's Of
Ace at 2ntcd1 i1va. III h.st Taesday in
pecenh.f ~ earh Year at WIN aug the
stockho!@eis sha'l Acst from thair napIbcf seven
Dircc,3-S ~ whiGh lection stakeholder shall
be entitled to SJfe, aud ma fsf sdeil vote i'll
person 0f by proNy-aad sad Dit ctnrs shall hold
their off for year and until their successors
ARricrF9 The Directors shall proceed to elect
from among their Number President and Vice
President who shall hold their Offices for year
and anti, their successors are elected; and shall
from the stockholders al large elect i Secretary
and Treasurer who shall hold their offices during
the pleasure Of the BOARD The directors shall or
came within ten days after thcir election.
Article 10. The PFesdent aad Secretarv shall
be The executive officers of the company subject
to the control of the b0acd of Directors he
Wee President shall perform the duties - The
President in ease of hi- absence or disability
The Secretary shall be Inc recording and account
ing officer OF this company aud shat DC til nsJa
dian Of books papers and vouchers an If
which bo5>s papers and You hers shall Il, ALI
times be open 10 the inspection Of the ST Il
holders -
p,syr Ia aniit ali clans ,rtsnst tbs company and
to employ suitaniv psrssns T. AIRY on ana ih'h-
a.s. any f-S of thr business Of tht company Al a
,.t,tnu .,lsati,n IL determined ny s4!u e"''h'
said iots ii ~. ie sons @ oe Always under III '"!.
troll aad III lioa # said Directors who my II
deemed tap lteut e4a.t, sueh person ~ pef>ons
to siy, Aanas t. tho company conditioned ~ the
faithful de- ~ ~ Of their duties in such sums as
said Dir-cit.s aay n said Directors having
the r,a,vaf ~ djsehfga any time sacn letsun or
I uers5 rs amp avti and 70 employ othefs Ia thelf
Il sad inajH'iE # 'te Disee'oFs sl'''i' ''issi-
tate a ,ytlortl =. ne sasa5ilo Of bHsi1ses
4 ARricig H. Sad ~ sttbts snail a. oua after
! bsiu ,,'..ted as .v be proceed 10 ADOPT Il itFs
/ for III ,fla.. men. and direction of tbs co'"pa-
nv nd "a sius Iscs ara III "hslstgiit ~ fett-ustht
| "a ft,.ga tta ,hith sid By Laws may Dc
I amend j .-a# :, u a. meeting Of SAID Direct
sr',e3f lhrst Articlcs may be altsecd or
an ID { i, aly lt.IaI A'eJilg OF the sio' Ahold-
c -o.3 ~ meeting called for thai purpose by
I twh Il, ynIe Of tbs Stockholders present.
4,4,tqEii The existence Of tie corporation
:, a.. if,r-are on tue df.t day Of Juhe, y. II.
Al. .Fg{E Nt.l