Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-03-15
NOTICE OF INCORPORATION.

NOTICE OF INCORPORATION.
Notice is hereby given that the un
dersigned have associated themselves
together as a body corporate under the
provisions of Chapter l. Title y. OF the
Code of Iowa. and acts atnendatory
thereto and have adopted articles OF IN
corporation providing as follows:
l. The name of this corporation Is
the Rude Auto Company and It's prln-
cipal place Of business Is Marsha1lto"n'
Marshall county. Iowa.
2. The general nature OF the bust
ness to be transacted is that OF manu-
facture and dealers IN AUTOMOBILES ana
automobile sundrieS; to manufacture,
buy. sell, export, import and TO gener-
ally deal at wholesale and retail IN au-
tomobiles and automobile sundrleS and
vehicles of all kinds and to man ufac-
ture and sell at wholesale and retail
such other articles and CO modlues OF
general use and sale as may De deter
mined upon from time to time by the
officers OF this corporation. Inc cor
poration has power to issue bonds and
other obligations: to mortgage OF
pledge any stock. bonds or other ooilea-
tons. or any other property Wnlch may
be acquired BY It to secure any oonoS
or obligations: to make ana perform
contracts of all kinds and TO DO any
other acts and things which co-part-
nership or natural persons could 90 or
exercise, and which Is now or may
hereafter be authorized by law.
3. This corporation shall have all the
mower necessary for or incidental to the
convenient transaction OF the ousl-
ness for which Il has ocoA
organized Including the power to { vn,
lease buy. exchange and sell real estate
and further among It's powers snau De
TO have perpetual succession. TO sue
and be sued by its corporate name; 10
have a common seal which 1t may alter
at pleasure: to render the interest OF
the stockholders transferable: to e1-
empt the private property Of its MEM
bers from liability for corporate DEBTS
to make contracts. exercise and Sell
property, possessing the same powers
in such respect as natural persons: to
establish bylaws and to make rules
and regulations necessary for the man
agement OF its affairs.
4. The amount Of capital stock au-
thor.zed Is $50. 10000 divided into shares
of $4,000 each No stock shall be is-
sued until the corporation has received
payment in full at par in cash or prop
erty, provided however, that when stock
is to be issued for anything other than
money II must be upon proper action
by the officers or directors and follow
ing the consent of the executive coun-
Gil of Iowa and others as provided IN
Section 1e4l-B of the Supplement to the
Code, 1918 and any amendments
thereto The capital stock authorized
may be Increased by vote Of two
thirds in interest of all the stockhold-
ers, through amendments to these ar.
ticles.
5. The corporate life OF this corpora
ton shall begin as soon as authorized
by the Secretary Of State and shall ter.
inmate at the expiration Of twenty
years from said date. unless sooner de
volved by a three fourths vote of it
stockholders.
S. The affairs OF the corporation
shall be managed by board Of three
directors who shall elect q rres!6cc:
vice president, secretary. treasurer. ant
general manager and such other Off
GERS inclunding an executive COMMITTEE
as they may see fit The president
vice president and treasurer shall b
members Of the board of directors. Tn
til the annual meeting Of tho srd Tues
day in January. 1917. the following per
sons shall be directors: p. c. Rude O
Marshalltown. Iowa: ]. R Rude. o
Perry, Iowa, and E. J. Haupert- of Mar
shalltown. Iowa: and the following per
sons shall be officers: President, p.
Rude of Marshalltown. Iowa: vic
president J. R. Rude, Of Perry. Iowa
secretary H. B. Dunlap. Of Marshall
town, Iowa: treasurer, J. r. Rude, c
Perry. Iowa: general manager, P. {
Rude, OF Marshalltown, Iowa. Fac
director shill be Stockhoder. In
board of directors shall fill all vacan
cies occurring in its members oetwee
; annual meetings. Each stakeholder
entitled to one vote for each share {
stock held by him which vote he ma
cast in person or by written proxy.
H Z. The highest amount of indebted
ness to which this CORPORATION may :
any time subject itself shall not excee
two-thirds of it's issued capital stock.
s. The private property Of stockhol6
ers shall be exempt from corpora'
debts, except to the extent and in II
manner provided by the laws of low
and this article is not subject
amendment.
9. The corporation may make an
alter bylaws at pleasure and may al
tforize the board Of directors to do $
49, TO- Amendments to the articles ma
be made at the annual meeting of II
stockholders at a special meeting callt
for that purpose. two-thirds OF Il
stockholders in interest voting for sue
amendment. Article ten, providing Fl
the exemption of the private proper
Of the stockholders however. cannot
amended.
RUDE AUTO COMPANY.
P. c. Rude,
5ezz5-ss5etsr-. ]. r. Rude.
7 Haur,erf