The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1905-07-27

WNFptUt RNNtfNN COMPUTATIONS fNr w
cunlary rfoht." ana adopt hereby the
following articles u Incorporation
Article l--Name.
The nanip ~ shla corporation shah
be, riiE URBAN TRAP DooR COM
pANY.
Article ll--plaee ~ nueiness.
The principal place 81 business shall
be nc Osltalooep, Iowa. but Il may
transfer ia business TO any other
place az any tlmu by les duly author.
ised officers or agents.
Article iii---lndebtedness
Tho authorized amount OF indebted.
ness OF said corporation or liabilities
70 which II IL at any time subject shall
not exceed onehalf OF its paid stock.
Article Iv--Private Property.
The private property OF the mem.
bers and holders OF stock shall BIO
exempt from corporate debts. This
article cannot be amended or chang
cd In any respect, but all other arti.
Giles hereof may be amended or chang
cd as provided by law.
Article v--Purehase Of Property.
This corporation shall have the pow.
or to purchase, sell, lease or other.
WISE acquire such real estate or other
property as may be sufficient and nee.
egsary for the proper transaction OF
the business OF this corporation, the
Just end OF which is to manufacture
or have manufactured, own, sell, oper-
ate, lease or rent certain trap door
or doors for the use in ccxl mines or
other mines or subterranean works
and excavations under the ground.
Article vl--capIta stock.
The authorized capital stock OF said
corporation shall be Fifty Thousand
Dollars. divided into five hundred
shares OF one hundred dollars each or
common stock, and not less than ten
thousand dollars shall be paid In at
or before the time OF signing these
Articles Of Incorporation and the bal.
ance at such time as the Board OF
Article vli---AdditIona Stock.
In case OF issuance OF additional
capital stock, or In case Of the stock.
holders or any of them, desiring tol
cell their stock, notice In writing by
mail or otherwise shall be given TO
all OF the other stockholders, who
shall have the exclusive right TO sub.
scribe, pay for or purchase, the stock
OF any stakeholder that Ii TO be OF.
fcred for sale or new stock to BIO Is
sued In this corporation.
Article viIi---Direetors
The business Of this corporation
shall be directed by Board OF Direc'
tors not 20 exceed Ave, all OF whom
shall be stockholders and all Of
whom shall be elected by the stock
holders at their annual meeting which
ghall be held on the first Monday AT.
ter the second day Of January OF each
year. At such meetings and all 9th
ers OF the stockholders. each share OF
stock owned by one person shall be
entitled to one vote. Vacancies on
the Board OF Directors shall be filled
by the remaining directors.
Article Ix--officers.
The officers Of this corporation
shall be President, Secretary and
Treasurer, any two OF which Offices
may be held by one person.
Article x--Meetings.
Special meetings of the stockhold-
ers may be called at any time by the
Board Of Directors or by any member
or members OF the stockholders hold
ing a majority OF the stock.
Article xl--Instrunents and Contracts.
All instruments, all conyeyances,
applications or contracts relating To-
the business Of this corporation shall
be made and executed In its corporate
name. And all conyeyances, con
tracts or orders for the payment Of
money shall be signed by the Secre'
tary and eountersigned by the Presi-
dent Of the corporation.
Article xiI--commenee OF Busi.
ness. ...
This corporation shall commence
business az soon as these articles are
hled with the Recorder OF Deeds OF
Mahaska county, Iowa, and shall con-
tinue for period OF twenty years I'M
less sooner dissolved as provided by
law,
Article xIiI---Temporary Board OF d.
rectors.
The following named persons shall
constitute the Board OF Directors UNI
I'll the first annual meeting, to-wit: N.
r. Harrington, A. g. Urban, II. r..
Brown.
Article xIv--As TO Amendments OF
Constitution and Bylaws.
A constitution and bylaws for this
corporation may be made in pursu.
ance to these Articles and may be al
tered or amended at any annual meet
ing by the giving Of thirty days mo-
tlce In advance in writing TO each
stakeholder by mail or otherwise,
which notice shall briefly state the
nature OF the alteration or amend
1919 anat.nH .owaaxk az "a ApfleIa w