The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1915-07-14
ALL PROVISIONS
HAVE been NET
directors Of keokuk Industrial Asso-
citation Authorize Standard Four
Tire Company to GO
Ahead.
OVER $4,000 RAISED
Company Was TO start When $4,000
Had Been subseribed-1anks
Are Notified to Col
leet Notes.
OVER $4,000 RAISED

A. the meeting OF the directors OF
tho Keokuk Industrial association
Yesterday afternoon, the report or
The Standard -Four Tire Company,
that It had complied with all terms
Of the agreement. was accepted, and
tbe company was authorized to pro-
GOOD with the construction of the fac
torv on the three acres set aside for
tbe purpose. A deed for the land
was authorized to be executed to the
company. The trustees having in
charge the subscriptions for stock,
will nroceed to the collection of sub
rcrintion and notes. The association
also approved the organization.
over $4,000 worth Of stock was
erhscribed in Keokuk, according to
the report made. This together with
the stock sold outside OF Keokuk,
and the money put in by the officials
of the company as per agreement,
amounted to over $4,000. The agree
ment was that the company should
start work when $4,000 had been
raised.
Official Minutes Of Meeting.
The following minutes OF the meet
\
day in regard to this transaction:
IA meeting Of the board Of direc-
tors of the Keokuk Industrial asso-
citation was held at the association
rooms at $3.50 o'clock on July 13, at
which meeting, the following direc-
tors were present:
~. Albert Kiedaisch, C. F. McFar-
land, It. H. Joyce, j. w. Winger, B.
oll
ten, j. T. Mccarthy, ]. p. Ingle and
A. Hollingsworth.
"At said meeting the following
by the unanimous vote of all Of said
directors:
Resolved, That undder the propo-
sition heretofore made to this asso-
citation by the Standard Four Tire Co.
the said company be authorized to
proceed to the construction of their
factory on the tract of three acres
therein referred to, and !, that the
rotary be authorized to execute a
deed to said company for said three,
acre tract. s
Collection Authorized.
BE 1t Further Resolved, That the
trustees having charge Of the sub
scriptions for stock in said corpora
ton shall proceed to the collection
OF said subscriptions and of all notes
therefor when due and hold the pro-
ceeds thereof for the purpose of APP
plying same to the cost Of construct
ing said factory on such bills and ac-
counts therefor as may be hereafter
approved by this association.
BE 1t Further Resolved, That this
association approve the corporation
organization of said company as now
organized under the laws Of Iowa, as
being compliance with the demands
OF this association for a reorganiza-
ton OF said company under the pro-
VISION OF paragraph eight of said
proposition to this association by
said company.
KEOKUK INDUSTRIAL ASSN,
By ]. Albert Kiedaisch,
President.
Attest: Jas NJ. Fulton.
Acting Secretary.
Letters to Subscribers.
Notices were sent to the trustees
tnis morning OF the action of the as
ISOLATION yesterday. They will in
turn, notify the depositors of notes.
Inc following letter is also being
sent out by the Industrial association
IN regards this:
we take this method Of informing
you that the Standard Four Tire Co.
nave fulfilled all the requirements
made upon them by this association
under the terms of the contract made
ana entered into between the Keo-
Ruk industrial association and the