The Oskaloosa herald., 1905-05-25
AAneANa o. INSTRUMENTATION


w IRE otNeluese Creamery C0FNrNnFs
Kacw An Mpn w These rsescnln
THAT We, a. n. Miller. slchn Messser,
n. w uarnrr, San nAldauE George
Kaibach, G. NJ Porter. Frank = Cnris.
tie. Guy q. wocdln. h. O. jerrei. N.
L. spehcer, rhil Holman, " n anaf.
er, DO hvrcby adopt the following arr
ticles for the purpose Of organising n
corporation for pccunlary proht under
and by virtue OF the laws OF the state
Of Iowa.
ARTICLE THE name OF the cor.
poration shall be oSKALoOSA
CREAMERY COMPANY. lie primer.
pal place OF business shall be In tho
City Of oskalccsa. Mahaska County.
Iowa, but Il may maintain such branch
or auxiliary oflces as may be nsces-
sary for the convenient and expedi.
tious transaction OF It's business,
/ ARTICLE II. - This corporation
shall commence business on the gath
day OF March, A. ID. 1905, or as soon
thereafter rs authorized 80 TO do by
the law, and shall continue for the
period OF twenty years, and shall have
the power Of renewal as now provided
by law.
ARTICLE III. - This corporation
shall have and possess all the powers,
rights, and privileges now prescribed
by law, and such rs are possessed by
like corporations in general, including
the right to take, hold and dispose OF
property, real and personal, to make,
perform and enforce contracts, and to
| transact any lawful business conso-
nant with It's purposes and aims as
hereinafter declared.
ARTICLE W.-The general nature
OF the business to BIO transacted by
this corporation shall be, to construct,
| own and operate q creamery or cream
cries and to engage In the business OF
manufacturing butter and dairy pro-
ducts. To deal In milk, cream, cream
cry supplies and dairy products. To
construct, own and maintain buildings
and machinery necessary or convent
ent for the transaction Of It's business.
To acquire, occupy, sell, trade and
transfer real estate to be used In con-
nectlon with the business aforesaid.
ARTICLE V!-Tha authorized CAPT.
tai stock Of this corporation is TEN
THOUSAND DOLLARS, divided into
shares Of $4,000 each, 100000 of
| which shall be issued and paid in
when company commences business.
The capital stock may be increased
TO any amount when ordered by a
thr~ee-fourths majority vote OF the
stockholders, and upon compliance
| with the provisions OF Section 1910
Of the Code Of Iowa. ..
ARTICLE VI.-The affairs OF the
corporation shall be managed by a
| board Of directors consisting of not
| less than three nor more than seven
members who shall be elected by and
| from among the stockholders at the
annual meeting on the first Tuesday
in March of each year, to be held at
| the Office of the company in Oskar
loosa, Iowa, and the stockholders
| shall at each annual meeting by APP
| propriate resolution determine the
number Of directors for the ensuing
| year. Special meetings Of the stock
| holders may be held as provided In
| the bylaws. Until the regular annual
| meeting in March, 1906, and until
| their successors are elected and quail.
flied the following named persons
shall constitute the board OF directors,
to.wit: H. W. Garner, John Metzger,
r. y. ShafeT, Frank l.. Christie. @. M.
Porter, George Kalbach and Phil Hoff-
mann. The officers Of the corporation
| shall consist Of a president, a secre-
| tary, a treasurer, but n person may
| hll the office OF both secretary and
| treasurer, and their respective duties
| shall be such as the bylaws OF the
| corporation shall provide. The OFF,
GERS Of the corporation shall BIO elect
| ed by the newly elected board OF d.
| rectors from their W number, n
| shall hold their respective Offices for
one year and until their successors
| shall have been elected and qualified.
| The board OF directors shall have
power to fiji vacancies occurring in
the board.
ARTICLE VU-The highest amount
OF Indebtedness or liability to which
the corporation shall at any time sub
ject itself, may equal but shall not
exceed t%wo-thirds Of its capital stock.
ARTICLE VIII-The private prop
erty OF the stockholders shall not be
liable for corporate debts or obliga-
lions.
ARTICLE IX.-Thes articles except
ling ARTICLE VIII, may be amended
at any time and In any respect upon
approval OF a majority Of the stock at
any regular or special meeting Of the
stockholders.
Dated this 2Sd day Of March, A. d.
1906.
~ n NalIT.u Inhn NHaf1oor