Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-08-21
Notice Of Incorporation.

To Whom It May Concern:
Notice ds hereby given that the un-
dersigned have associated themselves
together under and by virtue Of chapter
/, title TX. Of the code Of Iowa. and
the Laws amsndatory thereto. as a cor
poration, and have adopted articles of
incorporation which provide as follows,
to-wit:
First. The name of such corporation
is the "Marshalltown Building Com
pany," and its principal place of trans
acting business Is Marshalltown, Iowa.
Second. The general nature Of the
business to be transacted by such cor
poration is to buy. sell, rent, mortgage
and bond and improve real estate in
Iowa, or other states Of the United
States, and to manage and control Its
property for pecuniary profit.
Third. The amount of capital stock
authorized by the articles Of incorpora-
ton Is forty thousand ($40,O00) dol
lars, Of which twelve hundred ($1.2O0)
dollars is paid in cash at the time the
corporation begins business. and the
balance is to be paid in at the call of
the board Of directors Of such corpora
ton.
Fourth. That the said corporation
the issuance Of dts certificate Of incor-
Iowa, and continue for twenty (20)
years, unless sooner dissolved by
three fourth (N) vote Of its stockhold-
ers.
Fifth. The affairs Of such corpora
ton arc to be conducted by board of
five 60 directors. which number may
be decreased to three ca or four 90
by q majority vote of the stockholders:
said directors TO be elected on the third
Tuesday in January in 1912, and the
third Tuesday Of each January there
after, at which elections each person
or corporation zhall be entitled to one
vote for each share Of stock owned by
such person or corporation, which vote
may be cast in person or by written
proxy, and until the election of such
officers In January. 1912. the following
named peraons, to-wit: C. H. e. Board
man, @. w. Lawrence, 8. C. Bell. NJ.
L. Mundy and r. w. Scott, shall be the
directors Of such corporation: and the
directors at their first meeting in each
year shall elect q president, vice presi-
dent, secretary and treasurer. who shall
hold their offices for one Q) year, and
until their successors are elected and
qualified. Until the annual election in
January. 1919. the following persons
shall b the officers: President, r. w.
Scott; vice president. g. c. Bell; Sec
retarp and treasurer, q. w. Lawrence;
oil Of Masshalltown, Iowa.
Sixth. The highest amount Of in
debtednsss to which said corporation
shall at any time subject itself shall
not exceed tWo-thrds (2-3) Of It's capt.
tai stock.
Seventh. The private property Of the
members of such corporation shall be
exempt from The debts Of saAd corpora
ton.
Eighth. Notice - also given that at
q regular meetir/s Of tho stockholders
Of this corporation, held at its offices In
Marshaltown, Iowa, on Aug. IL. 1911,
article OF the articles OF incorpora-
ton was amended by adding to said
article the following: This corporation
shall also have power to purchase and
own its own capital stock: to hold, pur-
chase or otherwise acquire, to sell, as
sign. transfer, mortgage. pledge or 9TH
erwise dispose Of, shares OF the capital
stock. or bonds. debentures or other
evidences Of indebtedness. created by
other corporation or corporations, and,
while the holders thereof, to exercise
Ill the rights and privileges Of owner
ship, including tles right to vote there
on; to borrow money and execute the
notes or other obligations therefor; and
to sell, convey, pledge or mortgage any
or Ill Its property; and shall have all
TIC yvwusv s;,at are conferred BY law
on corporations for pecuniary profit
C. H. E. BOARDMAN,
q. w. LAWRENCE,
s. C. BELL,
Il. Il 1lUNDY.
R.w. SCOTT.
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