Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-11-27

q incorporates which pesvals . 90
lows, towtt: 4s
lst. The name o. - ssspesaaisa q
the "Iowa-TloFida Fruit Company"
and IT. principal place Of transaoting
business = Narshautown, Garvhail
County. lows.
"a. The general nature Of the bus.
iness 70 b transacted BY such corpo.
ration - the buying. selling, raising
and Jobbtng Of grape fruit and other
fruits. ana the buying and selling Of
land for that and any other purpose TO
be determined By the Board OF Dirsc.
tors, ana to carry on . general bust
ness OF buying and selling 81 fruit and
lands. ana renting. purchase and i'm.
provcment OF same, and such other
business in connection therevtth ~
shall bs determined upon by the Board
Of Directors.
ID. The amount Of capital stock an.
thorissd BY the Articles Of Incorpora.
ton 10 Forty Thousand (S4o. 700. 0o)
Dollars, divided into shares OF Ono
Hundred (e100.00) Dollars each. No
stock shall be issued until tho corpora.
ton has recsived payment in full
therefor. ct par. In cash or property.
provided however that when stock n
to DO issued for anything other than
money. II must be upon the proper
action by tho Officers or directors, and
following consent Of the Executive
Council Of Iowa, I'd otherwise a. pro-
v1ded In Section 16l1.b Of the Supple.
msnt 70 tho Code. 1907. and any amend
ments thereto. The capital stock au-
thortsed may be Increased BY vote OF
two-thirds (2.S) In interest Of an the
stockholders. through amendment to
these articles When the OUTSTANDING
capital = increased. the additional
shares shall be offered to the existing
stockholders proportionatsly 20 their
holdings. at not LEES than par.
4th. That the said corporation shall
commence business after Q oertd6cAte
of incorporation has been issued BY the
Secretary OF State. and when Five
Hundred (tSoo.o0) Dollars Of stock has
been issued ana fully paid. as provided
by law, and continue for twenty (30)
years. with tho right Of renewal,
9Th. That the affairs Of such cor
poradon are % DO conducted by q
Board Of not lees than three (3) nor
more than i've (6) Director, 20 be
elected on the third Wednesday in jan
uary OF each year. ct which elections
each person shall be entitled 70 ono N
vote for each share Of stock owned by
such person, which vote may be cast
In person or BY written proxy: and un.
til the election Of such ofilcers In Jan.
uary. 1915. the following named per.
sons-Robert NcCreery. Of valrico,
Florida; George p. Smith. of Dubuque.
Iowa: A. T. Quad. Of Narshalltown.
Iowa; e. p. Gale. Of Marshalltown.
Iowa: c. T. Burns. Of Nuskogee. Ok
lahoma, shall be the Directors Of such
<hn ~
shall be officers: President, Robert
McCreery. Of valrico. Florida; vice
President. George p. Smith, Of Du.
buque. Iowa; Secretary. e. p. Gale. Of
Marshalltown. Iowa: Treasurer. A. T.
Quad. of Marshalltown. Iowa. All Of
ncers Of this corporation shall hold Of
nee for the term of one (1) year. or
until their SUCCESSORS are elected and
qualified. Every director shall be
stakeholder. and IL any director shall
sell or transfer his stock in this cor.
poration he shall at once cease to be q
director. The Board OF Directors may
MI all vacancies occurring In its mem.
bership between annual elections, by
the appointment Of qualified persons to
hold once for the remainder Of tho
term.
9Th. That the highest amount Of In.
debtedness to which said corporation
shall at any time subject itself shall
not exceed two-thirds (1-S) Of Ito paid
up ana outstanding capital stock.
7th. That the private property OF
the members Of such corporation shah
be exempt from the debts Of said cor
poration. except to the extent and in
the manner provided by the laws Of tho
State of Iowa.
IoWA-FLoRIDA FRUIT COMPANY.
ROBERT McCREERY.
r.. w. McCREERY.
e. p. GALE.
A. T. QUAD.
Boardman 4 Lawrence, Attorneys.