Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-11-13
Articles Of Incorporation.

Notice Is hereby given that, at a
special meeting of the stockholders of
the Farmers and Merchants Telephone
Company held at Marshalltown, Iowa,
on the thirtieth day of July, 1909, for
that purpose, the articles of incorpora-
ton Of said company heretofore adopt
ed and filed for record In the
office Of the recorder of deeds
of MARSHALL county, Iowa, on
the twenty-sixth day Of September,
1908, and duly recorded in book 267 on
page 156 of said office, were amended
by adopting in lieu OF certain articles,
other articles, and by adding to said
articles of incorporation additional ar
ticles.
That such articles of incorporation,
as amended and now in force, provides:
That the name of such corpora ton
shall be the Farmers and Merchants
Telephone Company and its principal
place of business is Marshalltown,
Iowa.
That the general nature of the bus
mess to be transacted by said corpora
ton is the purchasing, owning, SELL
ing. constructing. leasing. maintaining
and operating telephone, and other
electric lines, within the state of Iowa
and the United States; the purchasing,
holding and selling Of real estate in
connection with its business, dealing
and trafficking in electrical supplies
and the transaction of such business as
| is usually transacted by corporations Of
ike character.
That the authorized capital stock is
Two Hundred and Fifty Thousand
Dollars, divided into two classes and
| ocic cd
preferred. Of which shares three thou
sand eight hundred shall be common
stock of a par value of One Dollar per
share, and two thousand four hundred
and sixty-two shall be preferred stock
Of par value Of One Hundred Dollars
per share. Stock to be fully paid when
issued.
The amount Of capital stock author
lied may be increased or diminished
at any regular meeting of the stock
holders or at any special melting call
ed for that purpose, by two-thirds
vote Of all the outstanding shares Of
capital stock
That said corporation commences
upon the issuance OF the certificate of
| the secretary Of state authorizing it SO
to do, which said certificate has al
ready issued, and continues for twenty
years thereafter, unless sooner dis
solved by vote of not less than two
thirds of the outstanding shares OF
capital stock.
That the affairs Of said corporation
shall be conducted by board of seven
directors and by president, vice presi-
dent, secretary and treasurer who shall
be chosen from among the board rf
directors at each annual meeting there
Of The board Of directors may ap-
| point a manager and such other Off.
GERS as 1t may deem necessary and
prescribe their duties.
The officers shall be elected at the
annual meeting of the board OF d.
rectors which meeting shall be held
within thirty days of the annual stock
holders meeting, which shall be held
on the third Tuesday in October Of
each year.
The highest amount Of indebtedness
to which said corporation shall at any
time subject ITSELF shall be one hun
dred and sixty thousand dollars.
The private property OF the stock
holders shall be exempt from corporate
debts.
Until the next annual meeting Of the
stockholders the following persons
shall constitute the board OF directors.
to-wit :B. F. Cummings, A. q. Haw-
ley. G. B. Cheadle A. P. Arlington,
q. s. Sterett, J. p. Cooper and w. j.
Thill.
And until the next annual meeting cf
the board Of directors the following
persons shall constitute the officers Of
the corporation, to-wit:
President-A. G. Hawley.
Vice Prasident-B. F. Cunminss,
Secretary-C, q. Cheadle.