Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1909-07-17
LEGAL.
Notice of lneorporation.


Notice is hereby given, that cor
poration has been formed under the
laws of the state of Iowa; that Its
name Is Graham Latimer Company
AL 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
soerer. to acquire, hold, sell and deal
IN real estate and loan money to 9TH
err 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 its said lines of business,
also to execute and carry out all con-
| tracts and obligations adapted to the
mature of it's business and convenient
for carrying 1t on, to execute notes,
bonds, mortgages, orders. drafts,
script and all other writings and in
strLnents necessary to the transaction
| of Its business; that the authorized
capital stock of the corporation Is
S25,000.0O, to be divided into shares of
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
| authorized to commence business when
stock amounting to s12,500.00 has been
subscribed and paid for: that it shall
exist as corporation for the period of
20 years from July l, 1908, 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
j 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
ton may be had at a stockholders
meeting to he 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
ing of the Board of Directors shall he
held at the same place and directly
after the adjournment of the stock
holders meeting on the second We'd
nesday In January of each year; that
until the annual meeting of stocl,hold-
ers of this company on the second
Wednesday of January, 1870, the Boart
of Directors of this corporation shall
be the following parties to-wit: c. L
Graham. M. ID. Grouchy, N. P. Latimer
T. ]. Donofue and S. f. Latimer. ant
the officers shall be G. l.. Graham
: President, n. T. Latimer, Vice Presi
: dent, and M. ID. Grouchy. Secretar.
and Treasurer; that the shighes
: amount of Indebtedness or liability t.
which the corporation is at any on,
time to be subject shall not exceed
tWo-thirds of It's outstanding stock o
! the time; that the private property o.
the stockholders and members of til,
corporation Is and shall be eXemp
from the corporate debts of tn,
t corporation; that the articles OF incor.
roration may be amended by an af
firmative vote of the holders of three
7 fourths Of the issued and OUTSTANDING
stock at any annual meeting of tht
: stockholders or any special meeting
called for that purpose.
Dated JUL l. 1909.
= G. T.. Graham
M. d. Grouchy,
H. T. Sturgeon.
/ T,o fore