Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-01-20
ARTICLES OF INCORPORATION.


shall become stockholders hereby con-
sent and agree to form and to 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 bushes,
shall be at the city of Marshalltown, IL
the County Of Marshall and State OF
Iowa.
III. Tho general nature Of the bust,
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 u
sell. at retail ana Wholesale. ice cream
ices and all other products Of milk and
cream. . ~
w. This corporations shall have TIN
powers necessary and Incidental to tn.
convenient transaction OF the bushes.
.sfeEs sxlAch.sit Aess been: gani4sd In
Gliding tho power to own. lease. Huy Of
sell real estate. TO borrow money, is-
sue notes, bonds or other evidences Of
any indebtedness. and 20 secure the
payment OF same by liens upon til
property by way Of mortgage. and fur
ther among its powers shall be thu
following: u
1. To have perpetual succession.
2. To sue and be sued by It's corr
porate name.
3. To have a common seal
4. To render the interests Of stock
holders transferable.
5. To make contracts, acquire and
transfer property.
s. To establish bylaws and make
all rules and regulations necessary for
the management Of It's 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. Tho 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
nence business on the 18th day of
October, 1913, and shall continue for q
period Of twenty years thereafter, I'M
less dissolved by a majority vote Of the
stock then outstanding.
VII. The alta irs Of the corporation
shall be managed by 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
Of three members. The directors shall
have general charge Of the business.
VIII. The officers of this corpora
tlon 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 corporation 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 tho board of directors
and its officers shall be Clement Hey,
president; Ira Hey. weep resident; M
F. jackson, secretary: and Ira Hey,
treasurer.
M. The highest amount Of in
debtedness to which the Incorporation
shall at any time be subject. shall not
exceed two-thirds Of the capital stock
subscribed and paid in.
XII. The private property Of the
stockholders shall be exempt from cor
porate debts.
KILL These articles may be
amended by a majority vote Of the
stock at any annual meeting Of the
stockholders. or any special meeting
called for that purpose.
Il In witness weherof we have hereunto
set our hands this 18th day Of Octo-
bef. 1913.
NJ. F. JACKSON,
IRA Hey.
CLEMENT HEY,
F. r. JACKSON.
lost Nesessesily.
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