Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-05-20
Notice Of Incorporation Of Union
Cheese Company.

Nno0S0 company
Notice Is hereby given that a cor
,poration has been formed under the
name hereinafter given, and for the
purposes hereinafter stated:
First-The name Of the SAID corpora
ton is Union Cheese Company. and It's
principal place OF business is Mar
'shalltown. Iowa.
Second-The general nature Of the
business to be transacted by this cor
tporation shall be that of wholesale
dealer in cheese, butter and other milk
products: the corporation shall have
the power to purchase and SELL prepare
and manufacture commodities and
merchandise of any kind that may be
convenient or necessary in the trans
action OF its general business; make
contracts, mortgages, leases. issue
bonds and acquire. own, hold and dis
pose Of the corporate stock OF other
scorporations; to act as commission
merchants and to acquire, own. sell.
mortgage, lease or otherwise dispose
tof such real and personal property as
may be convenient or necessary In the
conduct Of its affairs, and it shall
turther have and possess all the
powers enumerated In the laws of the
state Of Iowa pertaining to corpora
lions for pecuniary profit.
Third-The amount Of capital stock
Of the corporation authorized 10 fifty
Thousand dollars ($50. 100000. divided
into shares Of one hundred dollars
(s1OO.OO) each. Ave thousand dollars
$4,000. eo) Of which stock shall. be fully
paid az soon as the certificate OF In
corporation has been issued by the
secretary Of state OF Iowa. No stock
shall be issued until the corporation
has received payment In full therefore
at par, in cash. or other property; pro-
vided however, that when stock Is to
be issued for anything other than
money It must be upon proper action
by the officers or directors Of said
corporation and following consent of
the executive council Of Iowa, as pro-
vtded by law. The capital stock au-
thorized may be increased by vote of
two thirds (2-3) Of the interest OF all
the stockholders then existing, through
amendment to these articles.
Upon the issuance Of any new stock
The then stockholders of the company
have q ten (10) days option. unless
waived in writing to purchase the
same in proportion as the amount of
their stock bears to the total amount
then outstanding; the remaining
stockholders to have like privilege as
to the proportion of any stakeholder
who fails to use such option.
Fourth-The corporate life Of this
corporation shall begin on the date of
the issuance Of its certificate Of in
corporation by the secretary of state
of the state Of Iowa, and shall termi-
nate at the expiration Of twenty. (20)
years from said date unless sooner
dissolved by q three-fourths (H) vote
IF its stockholders.
Fifth-The affairs Of this corpora
ton shall be managed by board OF
not less than three go nor more than
i've ~ directors, as shall be deter
mined at each annual meeting Of
Stockholders, who shall elect q pres
adent, vice president, secretary and
treasurer, and such other officers in
cludinR an executive committee, as
they may see Mt or as may be pro-
,yided for by the bylaws Of this cor
poration.
The f1rst annual meeting Of stock
holders shall be held on the third We'd
hesday in January, 1915, and annually
thereafter, ut its office in Marshall
town, lows. Until said meeting and
unless otherwise ordered by a major
lty Of the stockholders at special
meeting called for that purpose, tho
following persons shall be the directors
and officers Of the corporation: E. G.
Hodges, president. Marshalltown,
Iowa: John P. Woodbury., vice presi-
dent, Marshalltown, Iowa; c. c. st.
Clair, secretary and treasurer. Mar
shalltown, Iowa. The office Of sec
fetary and treasurer may be held by
one and the same person.
p eixth-The highest amount Of In
debtedness' to which this corporation
may at any time subject itself, shall
not exceed two-thirds (2-3) Of its cap
Atal stock.
Seventh-The private property Of
the stockholders of this corporation
shall be exempt from corporate liabil-
ity except to the extent and in the
manner provided by the laws of tho
state Of Iowa, and this article Is not
subject to amendment.
OF AL Of which take due notice.
E. G. HODGES,
President.
JOHN p. WOODBURY.,
Vice President.
c. C. ST. CLAIR,
Secretary and Treasurer.
Dated Marshalltown. lows, April "a.