Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-02

and place Of such meeting shall he
given by the cashier, or the person or
persons calling such special meeting.
by mailing q notice In writing to each
stakeholder, directed to his address as
shown upon the books OF the corpora.
ton, which notice shall state the OBJ
ject OF the meeting, and no business
other than that named In the notice
shall be transacted at such special
meeting. unless all Of the stock Of the
corporation shall be represented. and
no objection shall be made by any
stakeholder to the transaction OF BUSH
ness other than that named in the no.
tice.
ers. meetings shall be by ballot, and
each share OF stock represented by the
holder thereof, or by his proxy duly
to ono vote.
ARTICLE VII.
Provisional Directors
Until tho first annual meeting Of the
stockholders. the following named per-
poration:
J. l. williams. postofrice address.
Marshalltown. Iowa
Knoxville. Iowa.
]. Brennecke. postoffice address.
Marshalltown, Iowa
]. o. Bissett, postoffice address. La
noble. Iowa.
L. r. Willard, postoffice address.
SMarshalltown, Iowa.
C. w. Warcup. postoffice address,
Marshalltown. Iowa.
W. w. Doolittle. postoffice address.
Marshalltown. Iowa.
E. S. Ketchum, postoffice address
Marshalltown, Iowa.
A. Higsin. postoffice address, Mar
shalltown. Iowa.
ARTICLE VII
Annual Meeting Of Board Of Directors.
The annual meeting of the board OF
directors shall be held on the, first
Tuesday after the first Monday OF
June. 1916. and Immediately following
the adjournment Of the annual meet
ing Of the stockholders, at which Tins
II shall elect a president, vice presi.
dent and cashier, and may elect or en-
ploy such other officers. clerks or en-
ployes as shall be deemed necessary for
the transaction Of the business OF the
corporation. Until the first annual
meeting Of the board Of directors, the
following named persons shall be the
officers OF the corporations:
President. J. L. Williams. postofSice
address. Marshalltown, Iowa
Vice president. w. w. Doolittle, post
Office address, Marshalltown. Iowa
Cashier. H. NJ. vawter. postoffice adj
dress. Knoxville, Iowa
ARTICLE TX.
Execution and Acknowledgement OF
Written Instruments.
Section I. All deeds, mortgages and
instruments In writing affecting real
estate which shall be made by the COR
poration. shall be executed and
acknowledged in the name Of the cor
poration by the president or vice presi-
dent and attested by the cashier. with
the corporate seal thereto AFFIXED.
Sec. 2. Releases OF mortgages and
other liens held by the corporation.
and satisfaction thereof may be made.
executed and acknowledged by the
president. vice president or cashier OF
the bank
Sec. 3. All other written instruments
which may be made by the corporation
shall be executed by such officers OF
agents as the bylaws may designate.
ARTICLE x.
Certificates OF STOCK.
Section l. The shares Of stock OK
the corporation shall be issued only
upon full payment of the sums repre-
sented by them. and shall be trans
ferable only by assignment upon the
books of the corporation.
Sec. 2. The certificates Of stock is
sued to the shareholders shall be signed
by the president or vice president, and
l acHn} ar
corporate seal affixed thereto.
ARTICLE X.
Indebtedness.
| This corporation shall not contract or
incur any debt or liability. except for
deposits, and the necessary expenses OF
managing and transacting It's business,
and obligations incurred for the pEr-
pose of obtaining money with which to
pay deposits.
| ARTICLE XII
Exemption Of Private Property.
| The private property Of the stock
holders shall be exempt from corporate
liability. except to the extent and In
the manner provided by the constitu-
ton and laws of the state.
| ARTICLE XIII.
Bylaws.
4
two thirds vote, make and adopt by
laws which are not in confiiSt with
the laws of the state or these articles
of Incorporation, for the management
Of the property of the corporation, the
transaction of its business. and the
regulation of its affairs; and may Dy 0
like vote alter or change such by.
laws.
ARTICLE XIV.
Amendment Of Articles OF lnoorpora :
4 ton.
These articles Of Incorporation may
be amended at any regular meeting OF
the stockholders. or at special. meet
ing called for that purpose, by = two
thirds vote Of the capital stock Of the
corporation.
ARTICLE XIV.
Dissolution.
This corporation may be dissolved prior
to the time fixed in its articles OF In.
n corporatiQn, by an affirmative vote 81
Its stockholders holding three fourth1
Of its capital stock, at = meeting OF
the stockholders called for that purpose
in the manner required by law and
these articles OF interpretations; ana n
case Of such dissolution its Affairs shall
!, be wound up in the manner provided
by statute.
Dated this 9Th day of July. 1918.
]. L. WILLIAMS.
II. NJ vAWTER.
w. w. DOOIITTLE,
CIIAS. w. WARCUP.
II G. n. RUTH.
n state OF Iowa, Marshall county-ss
. Il NJ ar~ ~ YsrlN