Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1904-11-23
Articles of
Incorporation
Winnesheik Cooperative
Telephone Company.
KNOW AM Mem Ry These Presents !:

and Charles W. Glover, residents OF
Winnesheik county, Iowa., do hereby
organize ourselves into corporation
under and by virtue of the laws of the
State of Iowa. which corporation shall
bear the name and style of 'The Win
nesheik Cooperative Telephone Com
pany."
Sec 2. That the said Corporation
| shall commence on the day of the date
of the certificate by the Secretary OF
State and continue for q period OF
twenty years provided, however, thai
| it may be sooper dissolved by two
thirds vote of the stockholders at any
regular or special meeting and upon
published notice of such dissolution
in pursuance of the law And such
f, corporation shall have the general
powers conferred by Section No. 1905
of the Code of Iowa.
Sec. g. The principal place of bust
ness of said corporation shall be al
the City of DEBORAH, Iowa.
Sec. 4. The business of said corpor.
alton shall be owning, building. buy.
ing and selling telephone lines, tele,
phone stock and telephone business
and managing of telephone lines and
telephone business, including all the
incidental transactions necessary tC
such owning. building, buying and
selling and managing.
Sec. 5. The capital stock OF this
cooperation shall amount to S1S, 900,
in shares of SIS each, and each share
evidenced by written certificate tc
have one vote, but no shareholder
shall own more than three shares al
one time and the transfer of such shares
shall be by due notation upon the
books of the company, subject to the
approval of the Board of Directors.
Sec. 6. The said capital stock shall
be sold to the shareholders and paid
for in cash or telephone material at
the discretion of the directors and
shall be paid for at the time of the
sale.
Sec. Z. The private property of the
stock holders shall be exempt from
liability for the debts of the corpora
| tion.
Sec. s. The indebtedness of this
corporation shall not at any time ex-
coed 20 per cent of the par value OF
the capital stock sold.
Sec. g. The affairs of this corpora
tion are to be conducted by Board of
Directors consisting OF seven members,
to be elected BY the share holders by
ballot at the ANIMAL meeting, and of
whom there shall be President. Vice
President, Secretary and Treasurer,
and the first meeting shall be OH the
1th day of December, 1904, and
| the first Board of Directors are l.. l..
Iverson, George Smith, Frank Morri-
son. b. J. Mckay, @. r. Cove. Will
Peacock and Charles W. Glover, of
whom i. L. Iverson is president.
George Smith. president, Frank
Morrison, secretary, and Ben Mckay
is treasurer.
Sec. 10. The said Board of Direc-
tors. together with its genera and IN
cidental powers. to have the special
power of making rules and bylaws
(not inconsistent with these articles.
to enable it to better execute the pur-
poses of this Corporation and protect
and further it's interests.
Sec. IL. This Corporation makes
the special rule that all written con-
tracts. agreements, bonds, deeds, con-
veyances, certificates of stock and
orders to pay money must be authorized
by majority of the number of direc-
tors. and signed land acknowledged
when legally necessary by the presi-
dent and secretary. and no money is
to be paid excepting on written
order. And it is further provided.
that if in pursuance of law changes
are made in these articles of incorpor-
alton, the president and secretary are
designated as the proper officers to
sign and acknowledge such changes.
@. r. Cove,
Chas. w. Glover,
Will Peacock,
l.. l.. Iverson,
George Smith,
Frank Morrison,
B. j. Mckay.
STATE OF IOWA,
Winnesheik County. 3d.
On this End day of September, A.
D.. 1904, before me, Notary Public
within and for said county,
personally appeared l.. j.. Iverson
| George Smith, B. j. Mckay, q. r.
Cove. Chas w. Glover, Will Peacock,
to me personally known to be the
identical persons whose names are
affixed to the above Articles of Incor.
poration of the Winnesheik Co-opera.
tive Telephone Company. and acknow.
voluntary act and deed.
Witness my hand
Seal +. l.. Amundsen,
Notary Public within and for Winnie
sheik county, Iowa.
Executed in triplicate.
STATE OF IOWA,
Winnesheik County. o.
On this 9TH day of September. 1904,
before me Notary Public within and
for said County, personally appeared
Frank Morrison to me personally
known to be the identical person
whose name is affixed to the above
Articles of Incorporation of the Win
nesheik Cooperative Telephone Com
pany and acknowledged the said in
strument to be his voluntary act and
deed.
Witness my hand and seal.
(Seal.) Peter Pfeiffer,
Notary Public for Winnesheik coun-
ty, Iowa. AT