Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-11-20
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For In1hnts and Children.
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NOTICE OF INCORPORATION.
HON It May Concern:

10 w nom II May concern:
Notice is hereby given that the IN
dersigned have associated themselves
together under and by virtue of Chap
ter I, Title TX. OF the Code of Iowa,
and the laws amendatory thereto, as a
corporation, and have adopted Articles
Of Incorporation which provide as fol-
lows. towit:
list. The name Of such corporation is
the iowa Florida Fruit Company"
and It's principal place of transacting
business Is Marshalltown, Marshall
County, Iowa.
I'd. The general nature OF the bus
mess to be transacted by such corpo-
ration 10 the buying, selling. raising
and jobbing Of grape fruit and other
fruits. and the buying and selling Of
land for that and any other purpose to
be determined by the Board Of Direc-
tors. and to carry on a general bust
ness of buying and selling Of fruit and
lands. and renting. purchase and i'm
provement Of same. ard such other
business In connection Herewith as
shall be determined upon by the Board
Of Directors.
Sd. The amount Of capital stock au-
thorized by the Articles OF Incorpora-
ton II Forty Thousand (S40.000.0O)
Dollars, divided into shares of One
Hundred ($10O.00) Dollars each. No
stock shall be issued until the corpora
ton has received payment in full
therefor, at par, IN cash or property.
provided however that when stock is
to be issued for anything other than
money, 1t must be upon the proper
action by the officers or directors. and
following consent OF the Executive
Council Of Iowa, ad otherwise as pro-
vided In Section 1641-b Of the Supple
ment to the Code, 1907, and any amend
ments thereto. The capital stock au-
thorized may be increased by vote OF
two-thirds (2-3) in interest Of all the
stockholders. through amendment to
these articles. When the outstanding
capital IL increased. the additional
shares shall be offered to the existing
stockholders proportionately to their
holdings. at not less than par.
4th. That the said corporation shall
commence business after certificate
of Incorporation has been issued by the
Secretary of State, and when Five
Hundred (S6O0.00) Dollars of stock has
been issued and fully paid, as provided
by law, and continue for twenty (20)
years, with the right Of renewal.
5th. That the affairs OF such cor
poration are to be conducted by a
Board Of not less than three CD nor
more than Ave 20 Directors, to be
elected on the third Wednesday in jan
uary of each year. at which elections
each person shall be entitled to one az
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 officers in jan
uary, 1914, the following named per-
| sons-Robert McCreery, Of Valrico
Florida; George P. Smith, Of Dubuque.
Iowa; A. T. Quad, of Marshalltown
Iowa; E. P. Gale, Of Marshalltown
Iowa; C. r. Burns. Of Muskogee. Ok
lahoma, shall be the Directors OF such
corporation: and the following persons
shall be oficers: President, Rober,
McCreery, Of valrico, Florida: Vice
President, George p. Smith, Of Du-
buoue, 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 ID year. Of
| until their Successors are elected and
aualified. Every director shall be .
I! stakeholder, and II any director shall
sen or transfer his stock in this cor
| poration he shall At once cease to be 9
director. The Board Of Directors maJ
! AL all vacancies occurring in its mem.
bership between annual elections, by
the appointment Of qualified persons tc
hold ONCE for the remainder Of the
term.
9Th That 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 paie
up and outstanding capital stock.
It'll. That the private property o
the members Of such corporation shall
be exempt from the debts Of said cor
poration. except TO the extent and II
the manner provided BY the laws Of tn
| State OF Iowa.
lIOWA.FI.ORIDA FRUIT COMPANY
/ ROBERT McCREERY.
! r. w. McCREERY.
/ e. p. GALE.
A. r. QUAD.
BoardmAn 4 Lawrence, Attorneys.