Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1914-02-04
NOTICE OF INCORPORATION.

TO. WHOM 1T MAY CONCERN: ~ .,,
= NoHice1 is hereby given that the un-
tosether under as and By Virtue OF Chapter
one. title nine. Of the Code Of Iowa. :
and the laws amendatory, thereto. as
a corporation. and have adopted articles
OF incorporation which provide. as fol-;
lows. tO-Wit: T.
ARTICLE; L. i
The name OF this corporation Shall
he the First building Company.
f ARTICLE H.
Its principal place of business shall
he Manchester in the county OF Dela-
ware and State of Iowa.
ARTICLE III.
The object Of the corporation is the
purchasing. owning. leasing. selling
and holding Of real estate in Manehes-
ing buildings thereon, And all such
other powers as are vested in such cor
porations by the laws OF Iowa
The corporation shall have the rlgh!
to buy. hold. sell and convey personal
property and such real estate. as may
he necessary Or convenient for the
corporation. \ y5..,. u.s. - E5.gf, q.
All conveyances Of real property made
by the :eorporation shall be executed t ; by
secretary with an impression OF the
corporate. seal attached. II the cor.
poration has a seal: and all releases o.
MORTGAGES. liens. judgments or other
claims that are required by law to be
made of record may be executed by the
president. vlce-prestdent or secretary OF
the corporation ~
= ARTICLE ~. s.
The amount of capital stock author
lied is thirty thousand dollars. diyld-
ed into shares of one hundred dollars
each. No. stock shall be issued until
in full therefor at par in cash or prop
erty: provided. however. that when
stock is to be issued for anything 9th
net "a
the approval of the executive
Section of d iGwS Of as the psnpps
ments thereto. The capital stock auth
! orized may be increased by vote Of two
| thirds in interest of all the stockhold.
to these articles. When the outstand,,
ing capital is increased. the additional
shares shall be offered to the existing r,s;
stockholders =propOrtiOnately to their
holdings at not less than par. $.
! @ ARTICLE v. Il
The coroptate period of this corpor-
alton shall begin on the date the Sec.
etary Of State issues a cert,fieate Of Of
the expiration OF twenty years from
said date unless sooner dissolved by q
| :wo-t thirds vote of the stockholders az
nny hnu Called ei forfhat purpose. or by
unanimous consent as provided by
law.
| ..He ARTICLE w
The affairs, Of this corporation shall
Re anased by Goar en OF a
shall elect a president vice-president'
| secretary and treasurer, and such Otn-
mittee. as they may see fit or as may
| be provided for by the bylaws or ms
corporation. ~ r. ~
ARTICLE VII.
The annual election shall liz held on
|aach year Until the first election,
which shall be held on January 70,
1915. the following persons shall be
4 nj: +. lie Roy. Manchester. Iowa.
A. II. Blake. Manchester. Iowa
| Don A. Preussner. Manchester. iowa.
f. II T. Gar Roy M;a meheRester iow Howa
Hubert Carr. Manchester. Iowa.
E. II. Hoyt. Manchester. Iowa.
G. II. Barr Manchester. iowa. -
a. D. Long, Manchester. Iowa.. t@.G
w. c.. Blake. Manchester, Iowa.
and the following persons shall be Of
President. NJ f. lie Roy. Manchester
| e-President. A. H. Blake. Man
secretarv. Don A. Preussner. Man
Treasurer. a. r. lie ROY. Manchester
Iowa. :,
hold office for the term OF one yea
or until their successors are elected
aud have qualified. Every director sinai
Shall s sell or transfer his Stock in this
corporation he shall at once cease to
be director The board of director.
'', between annual elections
1 by. the appointment of qualified per.
sons to hold office for the remainder
stockholders may be called at any timt
bv the president giving ten days notice
in person or in writing to the stock,
any any time upon request Of stockholder!
representing ten shares of stock. and
in case Of his neglect or refusal .te
Stack to ~s se amou ha Of en Shares
Join in a call of the stockholders. which
meeting shall be the same as thougl
nrs Of BY the each
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
3 The highest amount OF Indebtedness
to which this corporation may at any
time subject itself shall not exceed two
thirds of its paid-up and Outstanding
! ARTICLE TX
/ The private property OF the stock
holders shall be exempt from corpor.
ate liability except to the extent anc
IN the manner provided pV tne laws "
the State OF Iowa. .s. 81
ARTICLE X. -
The corporation may make and alter
bylaws at pleasure. and may author
lie the board Of directors to do so,
subject to such restrictions as may be
deemed advisable. 81. .&
| ~ ARTICLE XII
Amendments to these articles mny
be made at any annual meeting of the
stockholders. or at special meeting
called for that purpose. two-thirds OF
all stockholders in interest voting 70,
such amendments. a =
| Dated this 18th day OF January. 1914
@f- ~" M. F. LIE ROY.
! ~ .s A. II. BLAKE -
/ ..... DON A. PREUSSNEP.
| Aa-5 A. r. LIE ROY. ,.'l
| ~ a. e. NJ. CARR. So
| HUBERT CARR.
! -, e. II. HOYT.
I GEORGE H. BARR.
W. A. ID. LONG. III. g.
| - w. G. BLAKE.