Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1909-07-03
LEGAL,
Notice of incorporation.

Notice of Incorporation.
2 Notice is hereby given, that cor
has been formed under the
laws of the state of Iowa; that its
name is "Graham-Latimer Company
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
and carry on stores and buy and sell
general merchandise of all kinds what
soever, to acquire, hold. sell and deal
in real estate and loan money to otn-
err corporations and individuals and to
have same evidenced by notes and
bonds and to have same secured py
mortgages or deeds of trust or con-
tracts or not secured at all, also the
power to acquire, establish, hold, sell
or MORTGAGE grounds and buildings
necessary or convenient for the con-
Quoting of it's said lines of business,
also to execute and carry out ell con-
tracts and obligations adapted to the
nature of its 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
capital stock of the corporation is
stock of 100000 each, evidenced by GER
tifcates 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
authorized to commence business when
stock amounting to $12,500.00 has been
ST. bscribed and paid for: that it shall
exist as q corporation for the period OF
20 years from July 1, 1909, unless
sooner dissolved by an affirmative vote
| of not less than three-fourths of the
| issued and outstanding capital stock;
| that the officers of the corporation
| shall be a President, Vice President,
| Secretary and Treasurer. to be elected
by the Board of Directors at their an
nral meeting of each year and to hold
office until their successors are elect
ed and qualified. and In case no annual
meeting is held. or upon failure or
omission to elect officers the Board OF
Directors, at any subsequent meeting
may elect the same; that there shall
be a Board Of five directors. to be
chosen by the stockholders from their
number at their regular annual meet
ing Of each year: that they shall hold
office for one year or until their sue
cessors are elected and qualified and
upon failure to hold an annual meet
in- or elect Directors, then such cleo
ton may be had at a stockholders
meeting to be called for that purpose
The affairs of tht corporation shall be
conducted by the officers and Board OF
Directors; that the annual stockhold-
ers' meeting shall be on the seconc
Wednesday in January Of each year, al
the general Office of the company ii
Ottumwa, Iowa, and the annual meet
ing of the Board of Directors shall be
, held at the same place and directly
: after the adjournment of the stock
D holders meeting on the second Wed
Q nesday in January Of each year; thai
until the annual meeting of stockhold.
ers Of this company on the SECOND
Wednesday of January. 1910, the Boart
Iof Directors of this corporation shall
be the following parties, to-wit: G. L
Graham. NJ. D. Grouchy, N. P. Latimer
T. j. Donohue and S. E. Latimer, ant
the officers shall be c. L. Graham
President. n. r. Latimer. Vice Presi
: dent, and M D. Grouchy Secretar.
and Treasurer: that the highes
:. amount of Indebtedness or liability tt
) which the corporation is at any on.
time to be subject shall not exceed
1.-TWO thirds of it's outstanding stock o.
: the time: that the private property o.
the stockholders and members Of the
CORPORATION is and shall be exemp
!. from the corporate debts of the
. corporation: that the articles Of 1ncor-
roration may be amended by an af'
firmative vote of the holders of three
: fourths, of the issued and OUTSTANDING
stock at any annual meeting of thu
!. stockholders or any special meeting
:, called for that purpose.
. Dated, july 1, 1903.
O G. L. Graham.
It M. D. Grouchy.
II. F. Spurgeon.
IncorpOratOrs