Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-08-24
'LEGAL.
Articles of incorporation Of the Of
tunnwa Pottery and Clay Products
ConAnanv

Articles of incorporation Of the OF
tumwa Pottery and Clay Products
Company.
We, Ira D. Smelser, w. H. H. AS
bury, ]. H. Mitchell, c. j. Ekfelt and
F. M. Hunter. all citizens Of the United
States on behalf Of ourselves indivfd-
| 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
be "Ottumwa Pottery and Clay Pro-
place of business at the city Of Ottun1-
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,
suitcase, sell, mortgage, bond, pros
pect, improve, develop and mine Pot
ters 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 for
successfully conducting the said gen
eral business and the marketing OF
the product thereof, procuring Of the
| 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
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,
and 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 It's said prop
erty as the private individual would
enjoy as they are by law conferred up
on a corporation.
!. ARTICLE III.
Common Seal.
4 This association shall have a COM
mon seal, upon the face of which will
be Inscribed "ottumwa Pottery, and
Clay Company" which it may alter at
pleasure.
ARTICLE w.
Products Of the Association.
This association shall have and en-
joy the following powers:
To perpetuate the succession.
To sue and be sued by its corporate
name.
To render the interests therein Of
the stock holders transferable.
i 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 personal
possessing the same powers in such
respect as natural persons
: To establish bylaws and make all
rules and regulations necessary for
the management of its affairs.
ARTICLE v.
Commencement and Duration.
This corporation shall begin upon
the adoption, filing and recording OF
these articles and the issuance to 1t OF
, certificate by the Secretary Of the
state Of Iowa, as provided by law
and continue for period of twenty
years. with right Of renewal.
ARTICLE vi.
Capital Stock.
The amount of capital stock author.
I, lied to be issued is sixty Thousand
(s60 ,OO0.OO) dollars to be divided into
J shares Of one hundred ($10000) dollars
, each, same to be fully paid and non.
, assessable and to be issued in con
formity to the laws of the state O.
, Iowa.
ARTICLE VII.
Board of Directors and Annual Meet
: ing.
Z The affairs Of this corporation shall
t be conducted and managed by boart
9 Of five directors, who shall be elected
from the shareholders Of this associa
n ton at the annual meeting Of the cor
! poration, which annual meeting shall
. take place on the second day of July
. 1907, in Ottumwa, Iowa, and yearl.
g thereafter on the first Tuesday IL
Q July.
n Said association does hereby selec
e and name the following persons: Ir;
a D. Smelser, Ottumwa, Iowa: w. H. Fl
n Asbury. Ottumwa. Iowa; J. H. Mitchell
i Ottmwa Iowa: c. J. Ekfelt, Ottunwa
= Iowa and F, M. Hunter. Ottumwa
as such until the first annual meeting
on the second day Of July, 1907, or un
+ til their successors are duly electe'
;. and have accepted office. All va
= cancies in the board Of directors shal
= be filed by a majority vote of tn
remaining members of the board an
l. the person so elected shall hold offic
r until the next annual meeting of tn
e stockholders. A majority Of the boar
of directors shall constitute a quorut
v for the transaction Of business.
k I ARTICLE VIII.
l. Election of Officers.
!, The annual meeting of the board Q
q directors shall be held on the frs
y Tuesday of July, 1907. immediatel
following the adjournment Of the an
nual meeting of the stockholders, IAN
8 each year thereafter" at which tim
q they shall elect from the membershi
X Of said association a President, Vic
r. President Secretary, Treasurer an
% General Manager at pleasure; all c
= said officers shall perform the dutie
usually deVolvfng upon like officers G.