Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1906-08-02
Articles of Incorporation Of
the DeVore Novelty
Company.

l1lS LIZ VIC
Company.
The undersigned do hereby associate
themselves together for the purpose of
form Il corporation under the laws
Of Iowa. and do hereby adopt the fol-
lowing articles of incorporation:
ARTICLE |.
The name of this corporation shall
be the "DeVore Novelty Company"
The principal place of business of this
corporation shall be in Missouri Valley,
Harrison County, State of Iowa.
ARTICLE III.
Tho general nature of the business to
be conducted by this corporation shall
be the importing, buying and selling of
all kinds OF foreign and domestic nov
city goods and notions, including print
ed advertising specialties, calendars,
blotters, and novelties, notions and
signs made of aluminium and other
metals, leather, wood, celluloid, paper
and cloth; to buy, sell, own, lease,
mortgage and convey real and personal
property Necessary and proper for car
rying on the business of this corpora
ton; to borrow money and give its ne
gotiable securities thereof
ARTICLE III.
The capital stock of this corporation
shall be Ten Thousand $4,000. OO)
Dollars, divided into Four hundred
40o) shares of Twenty-Five (S25.OO
dollars each. Five per cent of the cap
tal stock shall be subscribed for before
the corporation shall commence bust
ness, and when issued it shall be abso.
utely non asscssable. In no case shall
private property be taken for corporate
debts.
ARTICLE Nv.
The highest amount of Indebtedness
to which this corporation shall at any
time subject itself shall not exceed
two-thirds of it's authorized capital
stock.
ARTICLE V.
The corporation shall commence
business Immediately upon receiving it's
certificate Of incorporation as required
by law, and shall continue for period
of twenty COY years from..date of its
certificate.
ARTICLE vi.
The annual meeting of the corpora
ton shall be held at the place of bust
ness of this corporation in Missouri
Valley, Iowa, on the Grst Monday of
January in each year.
ARTICLE VII.
The affairs and business of this cor
poration shall be conducted by board
of five directors, majority of whom
shall constitute a quorum. The MEM
bers of the board of directors shall be
elected by and from the stockholders in
the manner provided in the bylaws.
ARTICLE VIII.
The first meeting of the stockholders
shall be held upon the day of the or
ganization of the corporation, at which
time there shall be elected five direct
ors to hold office until the next annual
meeting, at which meeting full board
of directors shall be elected each year
to hold office until the next annual
meeting and until their successors are
elected and qualified If any vacancy
shall occur in said board of directors,
the same shall be filled by the remain
ing numbers thereof, and appointee
shall hold office until his successor is
elected at the annual meeting.
ARTICLE TX.
The officers of this corporation shall
consist of president, vice-president,
secretary, treasurer, and general man
ager to be elected by the board of
directors from among the stockholders,
and any one person may hold any two
of said offices, except president and
vice president. Each of said officers,
when so elected, shall hold their res
pective offices until the next annual
meeting, or until their successors are
elected and qualified unless they shall
be sooner removed by a majority
of all of the board of directors. Va
cancies occurring in any office to be
filled by the board of directors.
ARTICLE X.
The board of directors shall have
full power and authority to regulate
and control the affairs of the corpora
ton, and to make rules and bylaws
for their proper government, and may
alter and amend such bylaws at pleas
lire by majority vote of all directors.
ARTICLE XI.
At all stockholders meetings, each
share of stock shall be entitled to one
vote and a vote of the majority of the
shares shall in all cases control. Stock
holders may vote their stock in person
or by proxy duly authorized in writing.
ARTICLE XII.
These articles Of corporation may be
amended at any time at any annual or
called meeting of the stockholders on a
two thirds vote in favor of such amend
ment or amendents: such amendments
to be filed and notice given as required
bylaw.
In witness whereof, we, the incor-
porators, have hereunto subscribed our
names this 9th day of July. 1906.
S. +. DcVere
c. H. Deur
J.. ]. Amen
]. S. Dewelli
]. P. Martin