Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-02-03
OF INCORPORATION.

The undersigned and al! persons who
shall become stockholders hereby con-
sent and gree to form and 10 become
a body corporate under and by virtue
Of the provisions Of Chapter One, Title
Nine of the code Of Iowa, and the laws
amendatory thereto and adopt the fol-
lowing Articles Of Incorporation.
I. The name Of this corporation
shall be the Jackson Dairy Company
II. The principal place OF business
shall be at the city Of Marshalltown, in
the County of Marshall and State Of
Iowa
III The general nature Of the bus-
ness OF this corporation shall be TO buy
and SELL at retail and wholesale. milk,
cream. butter and all other farm and
dairy products; to manufacture and TO
sell, At retail and wholesale. ice cream,
Ices and al other products Of milk and
cream.
". This corporation shall have the
powers necessary and incidental to the
convenient transaction Of the business
for which it has been organized in
GLIDING the power to own, lease. buy or
sell real estate, to borrow money, is
sue notes, bonds or other evidences OF
any Indebtedness and 70 secure the
payment Of same by liens upon its
property by way Of mortgage. and fur
Their among Its powers shall be the
following:
!. 1. To have perpetual succession.
g. To sue and be sued by its cor
porate name
3. To have common seal.
4. To render the interests Of stock
holders ira miserable.
5. To make contracts. acquire and
transfer property.
6. To establish bylaws and make
all rules and regulations necessary for
the managem ent Of its affairs.
V. The amount Of The authorized
capital stock shall be Ten Thousand
Dollars, divided into shares Of the par
value Of One Hundred Dollars each,
and not less than Two Thousand Five
Hundred Dollars shall be paid in, in
cash, before the corporation shall
transact any business. The remainder
of the Capital Stock shall be issued
and paid in from time to time as the
Board of Directors may direct.
VI This corporation shall COM
mence business on the 18th day Of
October, 1913, and shall continue for a
less dissolved by majority vote Of the
stock then outstanding
VII. The afa IRIS Of the corporation
shall be managed by a board Of not
less than three or more than five direc-
tors, the number to be fixed by the
stockholders at any regular meeting,
and until so changed by the stockhold
-ers, the board of directors shall consist
ofethree members. The directors shall
have general charge Of the business.
VIII. The officers of this corpora
ton shall be President, Vice Presi-
dent, Secretary and Treasurer.
TX. The board of directors shall be
elected at the annual meeting Of the
stockholders which shall be held on the
second Tuesday of October Of each
year. commencing with the year 1914.
at the office of the corporation. The
officers Of the corporate shall be
chosen by the directors at the annual
meeting of the directors, which shall
be held each year Immediately after
the annual meeting Of the stockholders.
x. Until the annual meeting of the
stockholders, in the year of 1914, F. r.
Jackson, Clement Hey and Ira Hey
shall constitute the board Of directors,
and it's officers shall be Clement Hey.
president; Ira Hey, Weep resident; NJ.
F. Jackson, secretary; and Ira Hey,
treasurer.
XII. The highest amount Of in
debtedness to which the incorporation
shall at any time be subject, shall no
exceed two-thirds OF the capital stool
subscribed and paid in.
XII. The private property of tn
stockholders sha II be exempt from col
porate debts.
Kill These articles may
amended by majority vote Of tn
stock at any annual meeting of II
stockholders or any special meetir
called for that purpose.
In witness weherof we have hereun
set our hands this 18th day Of Oct
Der. 1913.
NJ. F. JACKSON,
IRA HEY,
CLEMENT HEY,
+ r JACKSON