Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1911-09-28
August Kienast, Audubon, Iowa.
o. s. Welch, Manning, Iowa.
ADTICI L. VII

August Kienast, Audubon, Iowa.
o. S. Welch, Manning, Iowa.
ARTICLE VII
Regular and special meetings OF the
Directors may be called and held as
shall be provided by the Bylaws of
the corporation.
ARTICLE VIII
Until the first meeting of the
Board of Directors, held after the
annual meeting of the stockholders,
the following named persons shall
be the officers of the corporation:
Louis Groteluschen, President,
Gray, Iowa.
J. f. Liken, Vice-President, Gray,
Iowa.
f. C. Rice, Cashier, Gray, Iowa.
ARTICLE TX
Sec. 1. All deeds, mortgages and
instruments in writing affecting real
estate which shall be made by the
corporation, shall be executed and
acknowledged in the name of the
corporation by the President or
Vice-President and attested by the
Cashier with the corporate seal at
tached thereto.
Sec. 2. Releases of mortgages and
other liens held by the corporation,
and satisfaction thereof, may be
made, executed and acknowledged by
| the President or Vice-President or
Cashier of the bank.
Sec. 3. All other written instru-
ments which may be made by the
corporation shall be executed by
such officers or agents as the By
| Laws may designate.
ARTICLE X
| Sec. 1. The shares OF the corpor-
| alton shall be issued only upon full
payment of the sums represented by
them and shall be transferable only
by assignment upon the books of the
corporation.
| Sec. 2. The certificates of stock
issued to the stockholders shall be
signed by the President or Vice
President and attested by the Cash
Ter and have the corporate seal af.
fixed thereto.
ARTICLE XII
The private property of the stock
holders shall be exempt from cor
porate liability, except 10 the ex
tent and in the manner provided by
the constitution and laws of thu
State.
ARTICLE XII
The Board of Directors may, by ;
two-thirds vote, make and adopt by
laws which are not in conflic
with the laws of the State or thes,
Articles of Incorporation, for tn
management of the property of tn,
corporation, the transaction of i'll
business, and the regulation of it
affairs; and may by like vote alter
or change such bylaws.
ARTICLE XIII
The Articles of Incorporation ma
be amended at any regular meeting
of the stockholders, or at any spe
cial meeting called for that pur
pose by a two-thirds vote of tn
capital stock of the corporation.
ARTICLE XIV
This corporation may be dissolve
prior to the time fixed in it's Arti
cles of Corporation by an affirmativ
vote of it's stockholders holdin
three-fourths of its capital stock a
a meeting of the stockholders calle
. for that purpose in the manner re
! quired by law and these Articles o
Incorporation; and in case of sucl
dissolution it's affairs shall be woun
up in the manner provided by tn
Statute.
Dated this 9th day of September
1911.
E. c. Rice
Louis Groteluschen
G. E. Farrell
Il George Coppersmith
Il J. F. Liken
/ Frank Liken
Aug. Kienast
A. G.. Forsbeck
F. r. Mclaughlin
Herman Ullerich
o. S. Welch
e. III. Steere
STATE OF IOWA, Audubon Co., IS
On this 9th day of September 1911
before me personally appeared E. c
Rice, Louis Groteluschen, G. E. Far
rell, George Coppersmith, ]. F. Lik
en-, Frank Liken, Aug Kienast, A
G. Forsbeck, F. r. Mclaughlin an(
Herman Ullerich, o. S. Welch, E. II
Steere to me known to be the per
sons named in and who executed tn,
foregoing instrument and acknowl
edged that they executed the sam,
as their voluntary act and deed.
| JOE H. ROSS,
Notary Public in and for