The Oskaloosa herald., 1905-05-11
ANtelss ~ lNcoNroNAflon


knuw Ail Mtn IS fhcse Presents
THAT We, Al n. Mlllvr. John Aut8aet
VI W. unrnen Sam laaidAaf. 0eetmn
kAlhAch. &. Al Porter. Frank = Chfis,
ne, Guy q. wobdin, n q. tetrel ~
h. Rpencsr phil flonmann. VI n, Nnat
er 90 herehy adept The following ar.
/ tlcles for the purpose ~ organizing a
corporation for pecnnlary proht under
and BY virtue nf the laws ot The state
of Iowa.
i ARTICLE 1.-The name % the cor.
poration shalt be oskALoosA
CREAMERY COMPANY. It's ptlnc,.
pal place Of business shall be In the
City Of oskaloosa, Mahaska County,
Iowa, but II may maintain such branch
or auxiliary Offices as may be nvces.
sary for the convenient and expodl.
tious transaction OK SIS business.
ARTICLE II. This corporation
shall commence business on the cath
day OF March, A. D. 1906, or az soon
thereafter as 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 as arc 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 its purposes and aims as
hereinafter declared.
ARTICLE IV.-The general nature
OF the business to be transacted by
this corporation shall be, to construct,
own and operate a 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 its business.
To acquire, occupy, sell, trade and
| transfer real estate to be used In con-
nection with the business aforesaid.
ARTICLE V.--Ths authorized capt.
tai stock Of this corporation is TEN
THOUSAND DOLLARS, divided into
shares of $4,000 each, $6,000.00 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
three-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
i less than three nor more than seven
i 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 Oska
II loosa, Iowa, and the stockholders
shall at each annual meeting by ap'
propriate resolution determine the
number of directors for the ensuing
year. Special meetings OF the stock
l 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
j flied the following named persons
shall constitute the board OF directors
to-wit: II. w. Garner. John MetZger
+. B. Shafer, Frank l.. Christie, G. nj
l Porter, George Kalbach and Phil Hon
i mann. The officers Of the corporation
!, shall consist OF president, a secre
j tary. a treasurer but one person may
fiII the Office Of both secretary and
treasurer, and their respective duties
shall be such as the bylaws OF tho
corporation shall provide. The Off
GERS Of the corporation shall be elect
d ed by the newly elected board OF di
i rectors from their own number, ant
shall hold their respective Offices FOL
one year and until their successors
! shall have been elected and qualified
The board OF directors shall nave
4 power to FIJI vacancies occurring II
tl the board.
ARTICLE VIT.-The highest amour
of indebtedness or liability to whlci
the corporation shall at any time sub
iect itself, may equal but shall no
y exceed two-thirds of its capital stock
o ARTICLE VIIG.-The private prop
@ erty Of the stockholders shall not y
liable for corporate debts or obliga
= tons.
ARTICLE IX.-Thes articles except
D ing ARTICLE VIII, may be amende'
r at any time and In any respect upoi
n approval Of majority of the stock a
any regular or special meeting OF tn
stockholders.
Dated this 23d day Of March A. L
| 1905.