Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1909-07-10
LEGAL.
Notice of Incorporation.

Notice of Incorporation.
Notice is hereby given, that cor
roration has been formed under the
laws of the state of Iowa; that its
and its principal place of business Is
in the City of Ottumwa, Wapello
County, Iowa; that the general nature
of the business to be transacted is to
subscribe for own, hold buy sell and
deal in the stocks and bonds of other
corporations. to establish, maintain
an carry on stores and buy and sell
general merchandise of al kinds what
soever. to acquire, hold, sell and deal
In real estate and loan money to 9TH
er corporations and individuals and to
have same evidenced by notes ana
bonds and to have same secured by
mortgages or deeds of trust or con-
tracts or not secured at all, also the
lpower to ACQUIRE, establish, hold, sell
| or mortgage grounds and buildings
necessary or convenient for the con-
| drcting of it's said lines of business,
also to execute and carry out all con-
tracts and obligations adapted to the
nature of it's business and convenient
for carrying it on, to execute notes,
/ bonds, mortgages, orders, drafts,
script and all other writings and in
| struments necessary to the transaction
of its business; that the authorized
i capital stock of the corporation Is
stock of $4,000 each, evidenced by GER
tificates, and each share of stock will
entitle the holder thereof to one vote
at all stockholders meetings which he
may cast in person or by written
proxy, said shares to be issued only
after payment in full by the stockhold-
ers, either in cash or it's equivalent in
personal or real property, and 1t Is
I authorized to commence business when
stock amounting to S12,500.00 has been
subscribed and paid for; that it shall
exist as a corporation for the period of
20 years from July 1, 1909, unless
sooner dissolved by an affirmative vote
I of not less than three-fourths of the
issued and outstanding capital stock;
that the officers of the corporation
4 shall be President, Vice President.
q Secretary and Treasurer. to be elected
by the Board of Directors at their an :
n lnral meeting OF each year and to hold
Y office until their SUCCESSORS are elect
y ed and qualified. and in case no annual
meeting is held, or upon failure or
n omission to elect officers the Board OF
Il Directors at any subsequent meeting
a may elect the same; that there shall
n be a Board of five directors, to be
q chosen by the stockholders from theil
81 number at their regular annual meet
b inr of each year; that thew shall hole
D office for one year or until their sue,
!. cessors are elected and qualified ant
: upon failure to hold an annual meet
a ine or elect Directors, then such cleo
70 tion may be had at a stockholders
!, meeting to be called for that purpose
!, The affairs of tht corporation shall b
- conducted by the officers and Board o
Directors; that the annual stockhold
le ers' meeting shall be on the secont
III Wednesday in January of each year, a
20 the general office of the company II
Ottunwa, Iowa, and the annual meet
! ing of the Board of Directors shall b
~. held at the same place and directl
after the adjournment of the stock
holders meeting on the second Wed
resday in January of each year; tina
until the annual meeting of stocshold
ers of this company on the secon
- Wednesday of January, 1870 the Boar
of Directors of this corporation sha
be the following parties, to-wt G. ]
Graham M. D. Grouchy. N. p. Latino
T. j. Donohue and S. f. Latimer, an
President, N. r. Latimer Vice Pres
ID dent, and M. d. Grouchy, Secretar
and Treasurer; that the highes
- amount of indebtedness or liability
which the corporation is at any on
:, time to be subject shall not excee
a. two thirds of It's outstanding stock {
a tho time; that the private property {
~ the stockholders and members of tn
~ corporation is and shall be exemr
from the corporate debts of tt
corporation: that the articles of incor
&c poration may be amended by an al
. firmative vote of the holders of three
&c fourths Of the issued and outstandin
or stock at any annual meeting Of tt
stockholders or any special meetir
20 called for that purpose.
Dated Jul" l. 1909.
G. l.. Graham,
go NJ D. Grouchy,
H. r. Spurgeon
Incorporators