Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1909-07-24
LEGAL,
Notice Of incorporation.

NCtiGe OF Inoorporation.
Notice is hereby given, that cor
laws OF the state of Iowa; that it's
name is Graham Latimer Company"
al.d 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 I'll 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 and
bonds and to have same secured by
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-
drcting of it's said lines of business,
also to execute and carry out all con-
tracts and obligations adapted to the
mature 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
| S25, 100000, to be divided into shares of
| stock of 100000 each, evidenced by GER
| tificates, and each share Of stock will
entitle the holder thereof to one vote
1 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 it is
authorized to commence bus mess when
stock amounting to s12,500.00 has been
subscribed and paid for; that 1t shall
exist as Il corporation for the period of
! 90 years from July l., 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 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 Board Of five directors, to be
chosen by the stockholders from their
/ number at their regular annual meet
inc of each year; that thew shall hold
office for one year or until their sue
| cessOrs are elected and qualified and
! upon failure to hold an annual meet
Ing or elect Directors, then such cleo
1 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 second
"wednesday in January Of each year at
the general office of the company in
/ Ottumwa, Iowa, and the annual meet
;,,nr Sc 80 ~,
held at the same place and directly
after the adjournment of the stock
holders meeting on the second We'd
lresday in January of each year; that
until the annual meeting of stockhold-
ers of this company on the second
Wednesday of January, 1870, the Board
of Directors of this corporation shall
be the following parties. to-wit: C. L,
Graham. M. D. Grouchy. N. P. Latimer
IT. J. Donohue and S. E. Latimer. and
the officers she'll be c. l.. Graham
President; I.atimer, Vice Presi-
and Treasurer; that the highest
which the corporation is at any one
time to be subject shall not exceed
two thirds of its outstanding stock OF
the time; that the private property of
the stockholders and members of the
corporation is and shall be exempt
from the corporate ueDtS or the
corporation: that the articles of incor-
poration may be amended by an af-
f1rnative vote of the holders OF three
fourths of the issued and outstanding
stock at any annual meeting of the
stockholders or any special meeting
called for that purpose.
Dated, Jr!v /, 1908.
c. l.. Graham,
M. =. Grouchy,
H. T. Spurgeon,
1ncOrporatorS.