Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1914-01-21
NOTICE OF. INCORPORATION.
VI WHOM TN NAV C0NfL,TpN. y

r.
TO WHOM IT MAY CONCERN:
Notice is hereby given that the I'M
dersiSned have associated themselves
together under and by virtue of chapter
and the laws amendatory, thereto. as
Il corporation. and have adopted articles
Of Incorporation which provide as fni-
lows. ,to-Wlt: szt.E k.r,--s.E ~. - f+tI 4
" i ARTICLE l. !
The name of this corporation shall
be the First Building Company.
- 49, y, ARTICLE H. J
It's principal place of business shall
he Manchester in the county Of Della
ware and State of Iowa. -
,N>32 ARTICLE Ill. 7"-s' ~
The object of the corporation is tne
owning. leasing, selling /,
and holding Of real estate in Manches-
ter. iowa: and erecting and maintain,
ing buildings thereon. Ana all st sue. |
other powers as are vested in such cor
pora lions by the laws Of Iowa.
The corporation shall have the rlsn', !
TO buy. hold sell ana ano, convey pe pee mau
he necessary or convenient 1or tne
proper conduct of the affairs Of the
corporation, 4 = K - 5fEtsal tY'4.. -slfs:.
: All tconveyances OF real property made
by the corporation. shall be. executed by
the president and 'cpuntersigned by the
secre9ary VIII II the
poIation has seal: and all releases Of
mortgages. liens. judgments or other
claims that are required Dy law u bG
made OF record may he executed by hi.
president. vice-presldeht Or secretary o.
the corporation. @ ~ -
81 .s 4 al ARTICLE ". .a@5
Y The amount of capital stock author
lied is thirty thousand dollars. diyid-
ed into shares OF one hundred dollars
each. No stock shall be Issued until
the corporation has received payment
e En- w provided snsidts a soweve1 Ina, wnsn
stock is to be issued for anything oth-
er than money, It must be subject to
Goune zectoo of 1d l2ws Of as the p sgppe
ment to- the Code. 1907 and any amend
nrlzed may he increased by vote Of two-.
thirds in interest Of all the stockhoid
ars. BY the adoption Of an amendment
ing capital is increased. the additional
shares shall he offered to the existing
stockholders proportionately to their
holdings at not less than par.
W. ~ IN ARTICLE Y. E:>y s$
The corporate period Of this corpor-
alton shall begin Jon the date the seq 8,
retary Of State issues. certificate OF
Incorporation. and shall terminate at
said date unless sooner dissolved by
:wo- thirds vote of the stockholders at
any annual meeting. or at speciaiE
.inanimolis consent as provided by
law. RI VI sE5@5I.; &, q s#72 80,
ARTICLE VI
The affairs. of this corporation shall!
be managed by Il board of not less thah
1--WE nor more than ten directors. VINO
shall elect a president. vice-president,2
secretary, and treasurer and such otn-@
sr Officers. including an executive com
he provided for by tho. by laws Of this
corporation. @14 IS
ARTICLE VIZ
The annual election shall be held on
the second 1'ueesday Of January ~ ;, OF
which shall be held on January, H.;
1915. the following persons shall be
directors:
A II Blake. Manchester. Iowa.
Don a. Preussner. Manchester. Iowa,
4. Z; lie Roy; Manchester; Iowa
Hubert Carr. Manchester. Iowa.
ls. H.. 3Hoyt. Manchester. Iowa.
G. Il. Barr. Manchester. iowa
Wv. c. Blake Manchester, Iowa. AK \
and the Following persons shall he Of
= ''S President. NJ. =. lie ROY. Manchester.
Vice President A. H. Blake. Man
chester. Iowa. ;s III. 49,,
Treasurer. a. r: lie Roy. Manchester NJ ter
Iowa. Aux ~.
hold office for the term Of one e.: year ca
or until their successors, are elected
and have qualified. Every director shall
shall sell or transfer his stock in this
corporation he shall at once cease 70
be director. The board Of directors
me,nbership between annual, elections
nv the appointment of qualified III. per-
sons to hold office Tor the remainder
stockholders may be called at any time
by tile president giving ten days notice
IN shn T Ri eseS S e hm At
any time upon requesttof stockholders
representing ten shares Of stock, and
IN case of his neglect or refusal to
staek to m the amo sha Of ten Shares
Join in a call of the stockholders. which
meeting shall be the same as though
ings Of the az stockholders each IL stock
holder shall be entitled to one vote
for each share OF stock held by him.
which vote he may cast in person or by
ARTICLE VIII KS
The highest amount of indebtedness
to which this corporation may at any
time subject itself shall not exceed two
thirds Of Its paid l'.1 up and outstahainns
Z. ARTICLE TX.
The private property OF the stock
holders shall be exempt from corpor.
ate liability except: to the extent and
in the manner provided bY4the laws o.
the State Of Iowa. go isS
{3f ARTICLE X
The corporation may. make and alter
bylaws at pleasure. and may author
ize the board Of directors to do so,
subject to such restrictions as may be
deemed advisable. 8
ARTICLE xI. WI. Nj
Amendments to these articles may
be made at any annual meeting OF the
stoelSh olders or at special meeting
called for that purpose, two thirds OF
all stockholders In interest voting for
such amendments. ia
Dated this 18th day Of January. 1914
NJ. F. LIE ROY.
Al H. Blake
DON A. @PREUSSNER.
N a. r. LIE ROY. $,f &$
@ L. NJ. CARR.
~ n Esl5E5s HUBERT CARR. 81
1t z. II. HOYT