Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-04-16


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NOTICE OF lNcoRPoRATIoN.
To Whom It May Concern:
Notice is hereby given that the un.
dersigned have associated themselves
together under and by virtue of Chap
ter One. Title Nine, of the Code OF
Iowa and the laws amendatory thereto,
as a corporation, and have adopted
Articles OF Incorporation which pros
vide az follows, to-wit:
I.
Tho name OF such corporation II
the 'Marshalltown Sewer Pipe & Tile
Company, and its principal place Of
business 10 Msrshalltown. Iowa.
II.
The general nature Of the business
to be transacted by such corporation
Is the manufacture and sale Of sewer
pipe. drain pipe, wall coping, flue lin
ing. cement. paving brick, conduits.
hollow blocks. fire brick. roofing tile.
drain tile, brick, hollow brick. pressed
brick, ornamental brick. and all other
products made from clay except pot
terry, and such other articles Of general
use and sale AZ may be determined up
on from time to time by the Board Of
Directors OF said company.
III.
The amount OF capital stock auth
orized by the Articles Of Incorporation
is One Hundred Fifty Thousand $780,
000.0O) Dollars, divided into shares Of
One Hundred tS100.00) Dollars each.
and the same are non accessible. ana
all stock issued shall be fully paid. and
can be transferred on the books Of the
company only on surrender Of the
original certificate.
w.
That the said corporation was auth
orized. to- commence business ON the
9Th day OF March. 1913, and will con-
tinue for twenty (2o) years thereafter.
with right Of renewal, unless sooner
dissolved by a three fourths (x) vote
Of all the stock subscribed at stock
holders meeting.
v.
The affairs Of said corporation arc
to be conducted by seven % directors.
who shall hold their office for one az
year and until their SUCCESSORS are
elected and qualified, and shall have
full management and control OF the az
fairs of this corporation. and power to
adopt bylaws. Said directors from
their own number shall, at their hrst
in each year, beginning with
the meeting held in January. 1914. elect
q President and Vice President. who
shall hold their offices one 81 year
and until their successors are elected
and qualified, and said directors shall
at said meeting also elect q Secretary
and Treasurer. who shall hold their Of
fices during the pleasure Of said Board.
and who shall give bonds to the corpo-
ration in such sums and conditioed as
the Board Of Directors may from time
to time direct, and said directors shall
have the right to fill all vacancies oc-
curing in the offices Of said corpora
ton.
The election Of the directors OF this
shall be held At the office
Of the company in Marshalltown, Iowa,
at the regular annual meeting Of the
on the third Tuesday OF
January, 1914. ana on tho third Tues
day Of each January thereafter. At all
elections and meetings Of the stock
holders Of this corporation. each per-
son or corporation 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 proxy in writing. Five 90 days
notice by mail shall be given Of all
called or special meetings Of the stocae
holders.
Rea, estate, personal property, work
and labor may be taken and received
for stock, at such prices and upon such
terms and conditions as may be agreed
upon by the Board Of Directors and
approved by the Executive Council OF
the state Of Iowa.
VIII.
The directors Of this corporation un
til the election in January. 1914, shall
be A. B. Wilder, Of Lyle, Minnesota:
J. 9. Culbert, Of Portland. Indiana; T.
Fish, Of Akron, Ohio; w. G. Horn, OF
Muncie, Indiana; ]. e. Norris. OF Dem
yer. Colorado; and Warren Overpack.
Of Webster City. Iowa. The officers OF
this corporation until the election OF
new BOARD OF DfectOSs Ia
1914, shall be as follows: President.
Warren Overpack, Of Webster City.
Iowa: Vice President, w. c. Horn. OF
Muncie, Indiana; Secretary. ]. 8. Cul-
bert, Of Portland. Indiana; Treasurer.
F. ]. Gary, Of Marshalltown, lows.
TX.
The private property Of the members
Of this corporation shall be exempt
from liability for the debts Of this corr
poration.
The indebtedness Of this corporation
shall not at any time exceed two thirds
(2-3) Of Its capital stock.
WARREN OvERoACK. "a
A. b. WILDER.
J. 9. cULBERT.