Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1911-08-29
ARTICLES OF INCORPORATION.

ARTICLES OF INCORPORATION.
We, whose names are subscribed hereto
and all other persons who shall become
stockholders Of this corporation, for the pur.
pose OF transacting any and all business rs
hereinafter set out, do hereby associate our
selves into body corporate, under and by
virtue of the laws of the state OF Iowa,
assuming all the powers and obligations
granted bodies corporate, under said laws,
and do hereby adopt the following Articles
Of Incorporation, to-wit:-
Article l.
The name OF this cor poration or associa-
ton shall be the Cresco Milk Company.
Article 2.
The object of this corporation or assOca-
ton shall be for the manufacturing OF dairy
products.
Article 3.
The principal place Of business shall be at
Cresco, in the County of Howard and state
OF Iowa.
Article 4.
The amount OF ca pital stock authorized by
this cor poration Is Fifteen Thousand Dollars
divided into shares of One Hundred Dollars
each, to he paid In at such time, and in such
manner, Us the Board of Directors may
authorize and direct, the capital stock may
be increased by the vote OF two-thirds OF Its
stockholders at any annual meeting, or
special meeting called Tor that purpose.
When the capital of this corporation Is
increased the additional shares are to be
offered to the existing stockholders at not
less than par value.
Article 8.
The corporation shall begin business on
the date of the issuance OF the certificate OF
the State of Iowa. and shall terminate at the
ex EXPIRATION Of Twenty years from said date
unless sooner dissolved by a vote OF the
stockholders.
Article 6.
The corporation may be dissolved prior to
the time fixed in the articles OF incor pora-
ton by an affirmative vote of Its stock
holders holding three-fourths of its ca pital
stock at meeting of the stockholders called
for that purpose in the manner required by
law and these articles of incorporation, and
In case of dissolution Its affairs shall be
wound up in the manner provided by law.
Article Z.
The affairs OF the corporation shall be
managed by the following officers, who
shall be elected annually OH the first Mon
day of January of each year to-wit: \ Pres
dent, one Vice President. a Secretary and
Treasurer, and Board of Three Directors
all elected from the ockholders OF the cor
poratton.
Article s.
The annual election shall be held on the
first Monday in January of each year. and
until the first annual election, which shall
he held on the iii st Monday OF January, 1872
the following named persons shall be direc-
tors,
Names. Post Office Address
j. A. Williams. 1854 No. Her mitage Ave-,
Chicago, ILL.,
F. B. Hulls, Garden Prairie, ILL.,
Fred NJ. Thomson, RichIand Center, wis.
and the following named persons shall he
officers,
F. B. Hulls, Pres, Garden Prairie, Ill.
J. A. Williams, Vice.Pres., 1894 No. Hermit
age Ave-, Chicago. III.
Fred NJ. Thomson, Sec. and Treas, Rich
land Center, Wis.
All officers of this corporation shall hold
office for the term Of one year, after the first
annual election, or until their successors are
elected, and accept after duly qualifyin
every director shall be a stockholder and II
any director shall part with his holdings in
this corporation he shall at once cease to be
director or officer.
The board of directors shall fill all
vacancies occurring In Its membership be-
tween annual meetings by the appointment
Of qualified persons to hold office for the re-
mainder OF the term.
Special meetings of the stock holders may
be called at any time by the president upon
giving ten days notice in person, or in writ
Ing, to the stockholders, and shall be called
by him at any time by request of the stock
holders representing onehalf of the stock
holders of the corporation, and in case Of his
neglect or refusal to call a meeting, the one
half of the stockholders may Join in call of
the stockholders, which meeting shall be the
same as though called by the president, at
all meetings OF the ockholders each stock
holder shall be entitled TO one vote, to be
cast personally.
All directors or officers shall be elected by
ballot.
Articles 9.
The highest amount OF Indebtedness to
which this cor poration Is at any time to sub
ject itself, shall not exceed one-half OF its
capital stock.
Article 10.
The private property of the stock holders
shall be exempt from corporate debts.
Article Ii.
The board of directors shall have full power
and authority to make the necessary by laws,
rules and regulations to carry out the objects
Of the said corporation and authorize the
b1ent to contract Indebtedness. In any
|ll0unt not to exceed one half of the capital
Stock to carry out, In good faith. the objects
of the cor pOra alton and to do any other acts
within the scope of the business OF this asso-
citation.
Article y.
Amendments to these articles may be
made at any annual meeting of the stock
holders, or special meeting called for that
pur pose. two-thirds Of all stock holders In In
terest voting for such amendment.
Article IL.
All written contracts, agreements, bonds.
deeds, conveyances and certificates or stock
must be signed by the President and Secre-
tary, and all orders to pay money must be
signed by the President and Secretary. The
and Treasurer shall give bonds, to
be approved by the Board OF Directors, to the
corporation.
Article IA.
The certificate for shares of stock in this
corporation shall be issued only upon full
pay ment of the sum represented by them.
and the Interest of the stock holders shall be
by assignment, but no assign
mont shall be made without the approval of