Audubon County journal. (Exira, Iowa) 1884-1993, 1907-10-31
its business, and shall fix the compensa
ton of all officers and employees,
ARTICLE VI,
ANNUAL AND SPECIAL MEETINGS OF THE.
STOCKHOLDERS.

k.
holders may be called by the president,
vice-president, or by majority of the
members of the board of directors, or by
stock of the corporation. Ten d0} days
notice of the time and place of such meet.
ing shall be given by the cashier, or the
m Meeting by mailing notice in writing to
each stockholder. directed to his address
as shown upon the books of the corpora
ton, which notice shall state the object of
the meeting, and no business other than
that named in the notice shall be trans
ACTED at such special meeting, unless all
represented, and no objection shall be
made by any stakeholder to the transac.
ton of business other than that named in
the notice.
SEC. 3. The voting at all stockholders
meetings shall be by ballot, and each
share Of stock represented by the holder
in writing, shall be entitled to one vote.
ARTICLE VII.
PROVISIONAL DIRECTORS.
Until the first annual meeting of the
stockholders, the following named per.
sons shall be the directors Of the corpora
ton:
G. II. Messenger, P. o. address, Atlantic.
Iowa; s. {. Pedersen, P. o. address, Elk
Elk Horn, iowa; Peter Lykke. - g Pae O. ad,,
dress. kimballton, Iowa; .Jorgen Marcus
sen, =. y. address, Audubon, Iowa, X. Ed.
No; 4; c. c. Nelson. P. o. address. kim
ballton, Iowa; Fl. S. Rattenborg, P. o. ad.
dress, Atlantic, Iowa.
ARTICLE VIII.
ANNUAL MEETING OF BOARD OF DIREc-
TORS.
The annual meeting of the board of di-
January. 1908, and Immediately following
the adjournment of the annual meeting
OF the stockholders. at which time it shall
Ter, and may elect or employ such other
officers, clerks, or employees as shall be
deemed necessary for the transaction of
the e business OF the corporation. Until the
hrst annual meeting of the board of direc-
tors, the following named persons shall
be p the officers Of the corporation:
Elk Horn, Iowa; Nice-President, G. H. Mes
ssenger, T. o. address. Atlantic, Iowa;
Cashier, Peter Lykke, p o. address, Kim.
ARTICLE TX.
EXECUTION AND ACKNOWLEDGMENT OF
WRITTEN INSTRUMENTS.
SECTION 1. All deeds, mortgages and
instruments in writing affecting real es-
ton. shall be executed and acknowledg ed
in the name of the corporation BY the
president or vice-presdent, and attested
thereto affixed.
SEC. 2. Releases of mortgages and 9th
e tSf nens held by the corporation, and sat
and acknowledged by the president, vice
president or cashier of the bank.
SEC. 3. All other written instruments
winch may be made by the corporation
shall be executed by such officers or
agents as the bylaws may designate.
ARTICLE X.
CERTIFICATES OF STOCK
SECTION l. The shares of stock of the
payment of the sums represented by
them, and shall be transferable only BY
assignment upon the books of the corpor-
ation
SEC. 2. The certificates of stock issued
to the shareholders shall be signed by
tas. president ,i or yice-president. and at
porate seal affixed thereto.
ARTICLE XI.
INDEBTEDNESS.
This corporation shall! not contract or
incur any debt or liability, except for de.
posts, and the necessary expenses of
and obligations incurred for the purpose
OF obtaining money with which to pay de-
posts.
ARTICLE XII.
EXEMPTION OF PRIVATE PROPERTY.
The private property of the stockhold
erS shall be exempt from corporate .iabil-
lty, except to the extent and in the man
neT provided by the constitution and laws
ARTICLE XIII.
BYLAWS.
The board of directors may, by two
thirds vote, make and adopt bylaws
the State or these articles of incorpora-
ton, for the management of the property
or the corporation, the transaction of its
business, and the regulation of its affairs;
and may by a like vote alter or change
such bylaws.
ARTICLE XIV
AMENDMENT OF ARTICLES OF INCoRPoR-
ALTON.
These articles OF Incorporation may be
amended at any regular meeting of the
stockholders, or at a special meeting call
OF the capital stock of the corporation.
ARTICLE XIV.
DISSOLUTION.
This corporation may be dissolved prior
to the time fixed in its articles of ircor.
alton, by an affirmative vote of its stock.
holders holding three-fourths of it's capit-
al ste -, at a meeting of the stockholders
calied Ior that purpose in the manner re-
qulrea by law and these articles of incor-
Poratlon; and in case of such dissolution
Its affairs shall be wound up in the man.
ner provided by statute.
Dated this 23d day of September, 1907.
G. II. MESSENGER
II. S. RATTENBORG.
S c. Petersen.
JOHN PETERSON
PETER LYkkE.
JORGEN NIARCUSEN.
c. G. NELSON.
Audubon County, Iss.
On this 23d day of September, a. d. 1907,
before me personally appeared S. c. Peder-
sen, ". a. Messenger, John Peterson, Peter
nyEke; Jorgen Marcusen, e. c. Nelson and
i II. .. Kattenborg, to me known to be the
foregoing articles of Incorporation of the
klmballtonDan Savings Rank Of