Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-04
Notice of lneorno ration.

TO Whom 1t May Concern:
Notice is 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 amendatory thereto, as cor
poration, and have adopted articles of
Incorporation which provide as follows,
to-Wit:
First. The name Of such corporation
Is the "Marshalitown Building Co"
and ito principal place Of transacting
business is Marshalltown. Marshall
county, Iowa.
Second. The general nature Of the
business to be transacted by such cor
porae1on 10 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 (s40000) dol
lars. of which twelve hundred ts1.200)
dollars is paid in cash al 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
shall commence business on the date of
the issuance Of it's certificate OF incor-
poration by the secretary of the state OF
Iowa, and continue for twenty (20)
years, unless sooner dissolved by a
three fourth "a } vote of its stockhold-
erS.
Fifth. The affairs Of such corpora
ton are to be conducted by 81 board OF
five (5) directors, which number may
be decreased 10 three 90 or four a.
by majority vote of the stockholders;
laid directors TO be elected on the third
Tuesday In January in 1872. and the
third Tuesday Of each January there
after. at which elections each person
or corpora ton shall 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
famed persons, to- wit: G. H Z. Board
man. G. W. Lawrence, $. G. Bell, NJ.
L. Mundy and r. W. Scott, shall De the
directors OF SUCH corporation; and the
directors at their first meeting in eacn
year shall elect president, vice prezi-
dent, secretary and treasurer, who shall
hold their offices for one o. year, and
until their successors are elected and
qualified. Until the annual election in
January, 1912, the following persons
shall be the officers: President +. w.
Scott; vice president, S. G. Bell; sec
retarp and treasurer G. ". Lawrence !;
all of Marshalltown, Iowa.
Sixth. The highest amount of in
debtedness to which said corporation
shall at any time subject itself shall
not exceed two-thirds (2-3) OF its CAPT =
tai stock.
Seventh. The private property Of the
4. lnembers OF such corpora ton shall be
exempt from the debts Of said corpora
ton.
Eighth. Notice is also given that at
q regular meetirt, OF the stockholders
of this corporation. held at its offices in
Marshalltown, Iowa, on Aug 10. 1911,
article of the articles of incorpora-
ton was amended by adding 10 said
article the following: This corporation
shall also have power to purchase and
own It's 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
ell the rights and privileges of owner
ship, including tlSs right to vote there
on: to borrow money and execute the
notes or other obligations therefor; and
to sell, convey. pledge or mortgage any
Of Ill its property; and shall have ali
tho powers that are conferred by law
on corporations for pecuniary profit
c.. H. e. BOARDMAN,
q. w. LAWRENCE,
s. c. BELL,
N. L. MUNDY,
r. w. SCOTT.