Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-04-23
Notice Of Interrogation.

lNOlACe Is hSISpS SlNoh sii't 6" ''S~o
corporate has been organized under
the laws Of the state of Iowa; that its
corporate name is "Ottumwa Mercen-
tile Company" and its principal place
of business shall be at the city OF
Ottumwa, Wapello County. Iowa; that
the general nature of the business to
be transacted by it, is to buy, sell, and
deal IN Notions, Department store
Supplies and all kinds of Merchandise
at wholesale; also to buy, sell ana deal
in general merchandise of all kind
whatsoever at wholesale; also for the
purpose OF -furthering and advancing
its business, to subscribe for, hold,
own, buy and sell stock in other cor
porattons oo-ng retail business In the
same lines; also to acquire, hold, sell
or mortgage real estate and buildings
necessary or convenient for the con-
Quoting of said line Of business; also
to execute and carry out all contracts
and obligations adapted to the nature
of it's business and convenient in car
rying 1t on, including notes, bonds,
mortgages, orders, drafts and all other
writings or instruments necessary or
convenient for the transaction of its
business and to do anything and
everything adapted to, necessary to
or convenient in the prosecution of its
said business; that It's capital stock
shall be $25,Oo0.0O, divided into shares
of 10000 each, to be paid for at the
time of issuance of the Stock in cash
or It's equivalent In personal or real
property at a, price to be agreed upon
between the stockholder and this cor
poration: that it shall be authorized tn
commence business when stock
amounting to s12,500.00 has been sub
scribed and paid for; that its exist
ence began April l, 1907, and shall
continue for twenty years thereafter
unless sooner dissolved by an aff1rma :
tive vote ofspot2less than three fourths
of the issued and outstanding capitai
stock; that its affairs shall be con-
duced by board of five directors and
| a President; Vice-President, Secretary
and Treasurer; that said directors
! shall be chosen by tie stockholders
! from their number at their regular
annual meeting onsthe second Tuesday
! of December of each year to be held
at it's general office in Ottumwa,
Iowa, and shall hold Office for one
| year, or until their successors are
ure to hold an annual meeting or to
elect directors such an election may
| be held at stockholders meeting
| thereof to he called for that purpose;
/ that each share of stock shall efltitle
/ the hoNer thereof to one vote at all
stockholders meetings which he may
cast in person or by proxy; that the
President, Vice President. Secretary
and Treasurer shall be elected by TIN
| board of directors at their annual
meeting of each year to be held at the
same place and immediately after the
4 adjournment of the annual stockhod-
ers meeting in each year and shall be
stockholders, but need not be direct
I ors; that in case no annual meeting
/ is held or there is a failure or omis-
sion to elect officers the board of di-
! rectors at any subsequent meeting
4 may elect officers, that sail officers
1 shall hold office until their successors
! are elected and qualified: that Unit
\ the annual meeting of the stockhold-
ers and board Of directors on the Sec
ond Tuesday of DecNnber, 1907, The
Board Of Directors shall be C. L. Ora.
4 ham. N. p Latimer. M. d. Grouchy
4 S. e. Latimer and T. J. Donohue AMI
i its officers shall be c. l.. Graham
President; N. p Latimer, Vice. Presi-
dent; M. D. Groucny, Secretary ami
4 Treasurer; that the highest amount )
Indebtedness or liability TO which tn,
corporation is at any one time to be sub
fject, shall not exceed two-thirds of it'
! issued and outstanding stock at tn.
4 time and that the private property o
4 the stockholders and members Of tn,
| corporation is and shall be exemp
from corporate debts o; this corpora
4 ton.
Dated April /. 1907.
:. ottumWa Mercantile Company,
4 BY c. L. Graham, President.
u Attest: NJ. D. Grouchy,
u tsaah secretary.