Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-08-17
LEGAL.
Articles Of incorporation Of the OF:
tumwa Pottery and Clay Products

Articles Of incorporation Of the OF
tumwa Pottery and Clay Products
| Company.
We Ira D. Smelser. w. H. H. AS
bury, J. H. Mitchell, G. ]. Ekfelt and
F. NJ Hunter, all citizens Of the United
States on behalf Of ourselves individ-
ually and collectively. and OF all per-
sons or person who may hereafter be-
come members OF this association do
hereby associate and incorporate our
selves under the general corporation
law Of the state Of Iowa for the pur-
pose hereinafter expressed, do hereby
adopt the following articles Of incor-
poration:
ARTICLE I.
Name and Place of Business.
| The name Of this association shall
ducts Company with its principal
place OF business at the city of ottum-
wa, Wapello county. Iowa, with the
right to have branch offices and to
| transact business in Iowa and else.
where.
| ARTICLE II.
Mature Of Business.
The general purpose Of the corpora
ton shall be to purchase. own. lease.
sub lease, SELL mortgage bond, pros
pect. improve, develop and mine Pot
| tiers clay. fire clay, keaolin. coal, Ignite.
asphalt, stone. shale, gas, oil, water.
mineral water and all other mineral
and mining claims Of whatsoever char
acter or description together with the
right Of manufacturing and convert
ing any and all Of the above named
substances into marketable products
or wares. Of owning and leasing OF all
( necessary personal or real estate Tor
successfully conducting the said gen.
eral business and the marketing OF
/ -, y, ,,.{y, Of
| right Of way, erection and maintains
ance Of all necessary houses, machin-
cry, kilns and other buildings, hoists
dumps, tanks, reservoirs, pipes and
| pipe lines, tramways, grades, railroads
cars. rails and ties, tools and appli-
ances for producing, mining and man
ufacturing said clays. coal, minerals
shales, gas, oil, asphalt etc., with the
power to maintain stores and other
means of supplying merchandise, min
! ing tools and implements, selling and
( dealing in the same; with the power to
erect and maintain gas and electric
light plant, electric and steam railway,
land the owning Of all property nee
essary to operate the same with the
right of way for tracks, tramways,
depot, ETC., enjoying and possessing the
same powers over all Of Its said prop
| erty as the private individual would
enjoy as they are by law conferred uE-
on corporation.
1 ARTICLE III.
Common Seal.
This association shall have COM
be inscribed "Ottumwa Pottery and
Clay Company" which it may alter ut
80 ARTICLE ".
Products Of the Association.
This association shall have and en-
joy the following powers:
i To perpetuate the succession.
To sue and be sued by it's corporate
| name
To render the interests therein OF
the stock holders transferable.
To exempt the private property OF
it's members or stockholders from any
liability for corporate debt, except as
otherwise provided by law.
To make contracts, to acquire and
transfer property, real and persona.
possessing the same powers in sucf
respect as natural persons. fy ~ ",
To establish bylaws and make al
rules and regulations necessary fol-
the management of its affairs
ARTICLE ".
commencement and Duration.
This corporation shall begin upon
the adoption, filing and recording o.
these articles and the issuance to 1t OF
, certificate by the Secretary of the
state Of Iowa, as provided by law
and continue for a period of twenty
years, with right Of renewal.
ARTICLE VI.
Capital Stock.
The amount of capital stock author
lied to be issued is sixty Thousand
! (s60, ooO.O0) dollars to be divided init
shares Of one hundred (s100.00) dollars
! each, same to be fully paid and non
> assessable and to be issued In con
Eformity to the laws of the state o
i Iowa.
q ARTICLE VII.
Board of Directors and Annual Meet
ing.
> The affairs Of this corporation shall
+. be conducted and managed by boar
v of five directors, who shall be electe
from the shareholders Of this associa
a ton at the annual meeting OF the cor
poration, which annual meeting sha
e take place on the second day Of July
1907, in Ottumwa, Iowa, and yearl
q thereafter on the first Tuesday
20 July
Said association does hereby selec
a and name the following persons: Ir
"A D. Smelser, Ottumwa, Iowa; w. H. F
Asbury, Ottumwa, Iowa; j. H. Mitchell
!. Ottmwa, Iowa; C. j. Ekfelt Ottumw'
Iowa, and F.. M. Hunter, Ottumwi
e Iowa, as its board of directors, to az
as such until the first annual meetin
,e on the second day of July, 1907, or ur
til their successors are duly electe
!: and have accepted office. All va
" cancies in the board Of directors sha
be Allied by majority vote Of tn
d remaining members Of the board an
a the person so elected shall hold offit
until the next annual meeting of TT
= stockholders. A majority Of the boar
~: of directors shall constitute quoru
- for the transaction Of business.
!. ARTICLE VIII.
81 Election Of Officers.
The annual meeting Of the board
ly directors, shall be held on the fir
Tuesday Of July, 1907, immediate
10, following the adjournment of the al
nual meeting Of the stockholders. al
ed each year thereafter" at which tin