Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1914-01-28

thereafter. and the corporation may:
commence the transaction OF business
state shall have been issued authoriz-
ing it to do I SO. Its corporate exist
ence may be terminated at any time
BY: a three-fourths vote Of the. stock:
holders at Il any; regular meeting, or
special meeting called for that pur-
pose. in conformity with the articles OF
incorporation and in accordance with
| THE affairs Of said organization are
| to be managed by a board OF seven
directors who shall be elected from
the stockholders at the annual meet eel
office for the term of one year and
until their successors are elected ana
qualified and have accented office. Va
be filled by the remaining members OF
| tile board and the persons SO elected
shall hold office until the next annual
pree ST ahe amG vice
be elected by the board OF directors
from its members: and said board sshall
/, also elect cashier, who may y or may
! not be a member of the board tof 4di-
rectors and who shall also act as sec
rotary Of the corporation It may al
and clerks as may be necessary to
the transaction Of its business and
shall fix the compensation of all Off Off
The annual /. meeting OF the stock
building OF the corporation at Manches-
ler. Iowa. on the 4th Tuesday Of Jan
lyear 1915. at which time the stock
holders shall elect a board Of directors
and transact such other business u as
eai meetney & essaa may
be called by the president or vice-prest-
dent. or by a majority: vote OF the di.
os ~ hf hodec hGaers
poration..f Notice Of such meeting shall
be given in the manner provided for
inISection 2 Of Article wi OF the Arti-
porate. The voting Of all stockholders
shall be by ballot. and each share !. OF
stock presented by the holder thereof,
Writing SHAH RrG g entitled u to one Vote
q Until the first annual meeting 4of the
stockholders to be held in January 1915,
the following named persons shall %
A. w. Stearns. p. 0. Address. i Man
enes'e e. Cole Gois. P. o. Address. Greeley s.S
FB Wilson. 2. Q. Address. Gree
Ghas; Roberts. P. Q. Address. straw
pst v. c CRAIG oN =. Q. Address: Des
W: 5. Robinson. 2. Q. Address. Ryan
w. H. Norris. P. Q. Address. Man
The annual meeting of the board OF
directors shall be held on the II 4th
" With the year 1875 ana eG
mediately following the adjournment OF
the annual meeting. at which time said
board shall elect It's officers and may
ployees as shall be deemed necessary
for the transaction Of the business OF
/ the corporation. e. &
TYvtS a. 49,
following. named persons shall be the
officers yof the corporation: E1l Pug
President. w: H. Norris. P. o.. Ad-
dress %,s. M nna e;as ester 1cwa; stoo,
Vice president. Chas Roberts. P. O.
Ad %ine nrs Strawberry PSlnt dGwa;
Address. Des Aoines. Iowa:
Cashier; F: B. Wilson. p. Q. Address.
in writing affecting. real estate which
shall be made by the corporation are
to be executed and acknowledged In
the name of: the corporation by. the,
ed by the cashier with the corporate
seal thereto affixed. Releases of mort
cages and other liens held by the corr
be executed and acknowledged by the
the bank. All other written instrS-
m@nds Which BIN may be made by the
officers and agents as the bylaws may
designate. %4 M SE i
! The shares Of stock Of the corpora
payment Of the sums represented by
them and shall be transferable only by |
assignment upon the books Of the corr
poratfon. =, x
:, The. certificates Of stock issued to
the share holders shall be signed by
the president or vIce-president and
attested by the cashier and have the |
The highest amount of Of Indebtedness
to which this corporation can at any |
lime subject itself except for deposits
holders shan be exempt from corpo-
ate liability except to the extent and |
IN the manner provided by. the con-
The board Of directors may by two-J
birds vote make and adopt bylaws
which are not in conflict with the laws
'oration s' for the e Of the
property Of the corporation. the tran
saction Of its business and the reguln.
Sa Of its ehasea and scb by Ike
articles of incorporation may be
amended at any regular meeting Of
he stockholders; or at special meet
birds vote. of the capital stock Of
he corporation. .|
The articles of incorporation of said
.ody corporate were signed on the 18th \
lay of January. 1914: approved by the
.uditor OF state on the 18th day of
anuary. 1914: filed for record in the
ffice of the Recorder of Deeds of
Delaware County. Iowa. on the 10th L
law of January 1914. and recorded, In
book of Interpretations commencing
n page 255: and were filed for record
n the office of the secretary of state
n Des sMolnes. Iowa. on the 23rd day
+ January. 1914. = NLl
Dated at Manchester. Iowa. January
4th. 1914. -
(Signed) A. W. STEARNS. G. G.
OLE, F.sB. WILSON. TCHAS. ROB-
;RTS. F. w. CRAIG. W. B. ROBIN
ON. and w. H. NORRIS.
Incorporators.
-4wks.