The Oskaloosa herald., 1905-05-18
ANrlclNa oF lNcoNrcnNrloN


~
Nnow an Men bs These Presents
tina, We. IA. n Miller, John Metrser.
"a w Garner, sam naldaof, George
Kalbaeh, G. NJ Porter. frank a. chris.
tie, Guy q. wccdin, n o. serrel n.
1. spencen Phil Honmann, NJ NJ snat.
or do hereby adopt the following ar.
tioles FOR The purpose Of organizing u
corporation for pecunlary 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. It's primer.
pal place OF business shall be in the
City of oskaloosa, Mahaska County,
Iowa, but IL may maintain such branch
or auxiliary offces as may be neces.
sary for the convenient and expedi.
tious transaction OF its business.
ARTICLE ii. - This corporation
shall commence business on the gath
day OF March, A. ID. 1905, or as soon
thereafter as authorized so 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 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, W 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.-The 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 m 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 yI.-The affairs OF the
corporation shall be managed by q
| board OF directors consisting Of not
less than three nor more than seven
| members who shall be elected by and
| from among the stockholders ut the
annual meeting on the first Tuesday
in March of each year, to be held at
the office of the company In Oska'
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
holders may be held as provided In
the bylaws. Until the regular annual
meeting in March, 1906, and until
their SUCCESSORS are elected and cual.
iied the following named persons
| shall constitute the board OF directors,
| to-wit: II. w. Garner, John Metzger,
f. b. Shafer. Frank l.. Christie, G. M,
| Porter, George Kalbach and Phil Hoff'
mann. The officers of the corporation
| shall consist Of O president, a secre'
| tary, a treasurer, but one person may
| fill the office Of both secretary and
treasurer, and their respective duties
| shall be such as the bylaws of the
| corporation shall provide. The OH.
| GERS Of the corporation shall be elect
| ed by the newly elected board OF di.
| rectors from their own number, and
| 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 fill vacancies occurring In
| the board.
ARTICLE VIII-The highest amount
| Of Indebtedness or liability TO which
the corporation shall at any time sub
| ject itself, may equal but shall not
| exceed two-thirds OF its capital stock,
ARTICLE VIII.-The private prop
erty Of the stockholders shall not be
liable for corporate debts or obliga'
tions.
ARTICLE IX.-Thes articles except
ing ARTICLE VIII, may be amended
at any time and In any respect upon
| approval OF a majority OF the stock ut
any regular or special meeting OF the
| stockholders.
Dated this Esd day Of March, A. ID,
| 1905.
M. b. Miller, John Metzger,
II, w. Garner. Sam Baldauf,