The Leon reporter. (Leon, Iowa) 1887-1930, 1915-10-28
ARTICLE TX.

| Execution ana AcknOW Regiment OF
Written Instruments.
Section l. All deeds, mortgages
and instruments in writing affecting
real estate which shall be made by
the corporation, shall be executed
and acknowledged in the name of
the corporation by the president or
vice president, and attested by the
cashier, with the corporate seal
| thereto affixed.
| Section ,. Releases of mortgages
and other liens held by the corpora
| ton, and satisfaction thereof, may
| be made, executed and acknowledge
ed by the president, vice president or
cashier Of the bank.
Section 3. All other written in
struments which may be made by
the corporation shall be executed by
such officers or agents as the bylaws
may designate.
ARTICLE X.
Certificates Of Stock.
Section l. The shares of stock of
the corporation shall be issued only
upon full payment of the sums rep
resented by them, and shall be trans
ferable only by assignment upon the
books of the corporation.
OeCllOu lie CSilIlICdlSS VI
stock issued to the shareholders
shall be signed by the president or
vice president, and attested by the
cashier, and have the corporate seal
affixed thereto.
ARTICLE ri.
Indebtedness
This corporation shall not con-
tract or incur any debt or liability,
except for deposits, and the neces-
sary expenses of managing and
transacting its business, and obliga-
tons incurred for the purpose of OBJ
tanning money with which to pay de-
posts.
ARTICLE XII.
Exemption Of Private Property.
The private property of the stock
holders shall be exempt from cor
porate liability, except to the extent
and in the manner provided by the
constitution and laws Of the state.
ARTICLE XIII.
Bylaws.
The board OF directors may, by a
two-thirds vote, make and adopt BY
laws which are not in conflict with
the laws OF the state or these articles
of Incorporation, for the manage
ment of the property of the corpora
ton, the transaction of its business,
and the regulation of it's affairs; and
may by like vote alter or change
such bylaws.
ARTICLE XIV.
Amendment Of Articles of Incorpor-
alton.
These articles of incorporation
may be amended at am regular
of II NJ of
special meeting called for that pur-
pose, by a two-thirds vote of the
capital stock of the corporation.
ARTICLE XIV.
Dissolution.
This corporation may be dissolved
prior to the time fixed in it's ar
ticles of Incorporation, by an affirm
ative vote Of it's stockholders hold
ing -fourths of it's capital stock,
at a meeting OF the stockholders
called for that purpose in the man
ner required by law and these az
ticles Of Incorporation; and in case
of such dissolution it's affairs shall
be wound up in the manner provided
by statute.
Dated this 23rd day Of October,
1915.
Charles Woods,
A B. McClaran,
C. H. Smith,
Ralph Judd,
c. M. Coulter.
STATE OF IOWA,
Decatur County, SIS.
On this 23rd day of October, A.
D. 1915, before me personally APP
peared Charles Woods, a. B. McClar-
an, Ralph Judd, c. H. Smith, G. M.
Coulter, to me known to be the per-
sons named in and who executed the
foregoing articles of incorporation
of the Pleasanton Savings Bank, OF
Pleasanton, Iowa, and acknowledge
ed that they executed the same at
their voluntary act and deed.
Guy Edwin Davis,
(Seal) Notary Public.
In and for Decatur county, Iowa.