The Denison review. [volume] (Denison, Iowa) 1867-current, 1916-07-05
Louis f. kovar, Undertake. Iowa.

| -.s o.. ARTICLE VIII. I'D. .. .a.,.
Annual Meeting of Board or directors
The annual meeting of.the board of iii
rectors shall be held on the second Tues
day of January, 1917, and Immediately
following the adjournment OF the annua
meeting of the stockholders, at wnicf
time it shall elect a president, vice
president and cashier, and may eject OF
employ such other officers. clerks OF
employees as shall be deemed necessary
for the transaction Of the business OF
meeting of the board of directors the
following named persons shall be the
officers of the corporations:
President, G. $. Johnson, Boyer, Iowa
LIST Vice President, Louis i. kovar
Lidderdale, Iowa
"a Vice-President, Geo. Ncwcom, Boy
er. Iowa.
Cashier, John A. Kovar. Boyer, Iowa.
ARTICLE IN.
Execution and Acknowledgment of Writ
ten Instruments
Section l. All deeds, mortgages and
Instruments in writing affecting real
estate which shall be made by the cor
poration, shall be executed and ac-
knowledged in the name OF the corpora
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, exc
cuted and acknowledged by the presi-
dent. vice-president or cashier OK inc
bank.
Sec. 3. All other written instruments
which may he made by the corporation
shall be executed by such officers or
agents as the bylaws may designate
ARTICLE y.
Certificates of Stock.
Section /. The shares Of stock of the
cOrporat ton shall be issued only upon
fun payment Of the sums represented by
hnr CHI hn
assignment upon the books OF the cor
pOratiOn.
Sec g The certificates of stock is
sued to the shareholders shall be signed
attested by the cashier, and have the cor
porate seal affixed thereto.
ARTICLE, NJ.
Indebtedness.
This corporation shall not contract or
incur any debt or liability, except for
managing and tranSacting its business
and obligations incurred for the pur-
pose of obtaining money with which to
pay deposits
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 constitution ana
laws of the state.
ARTICLE XIII.
81 Bylaws. .f4 &a
The board of directors may, by two
thirds vote make and adopt bylaws
which are not in conflict with the laws
Of the state or these articles of incOr-
porationL for the management of the
property of the corporation, the transac-
ton of it's business, and the regula ton of
it's affairs; and may by a like vote alter
or change such bylaws.
ARTICLE XIV.
Amendment of Articles of incorporation.
These articles OF Incorporation may
be amended at any regular meeting of
ing called for that purpose. By two
thirds vote Of the capital stock of the
ARTICLE XIV.
Dissolution
This corporation may be dissolved
prior to the time fixed in its articles of
incorporation by an affirmative vote of
its stockholders holding three-fourths Of
it's capital stock, at, a Getting of the he
the. manner required by law and these
articles of incorporation: ana in case of
such 2. dissolution its affairs shall be
wound up in the manner provided by
4 Dated this 10th day of June, 1916.
Vi 15s 81. J.fDozARK.
sslyf E. II. g. HANSEN, - T. +
MI Z. c.. S.@JOfINSCN,
4 1911 e GIIO.tfW. NlIWCOM
State Of Iowa. Crawford County,sss5
|3s on this 10th day of June, A. .. 1916,
Ibefore me personally appeared ]. Dozark,
r. &. Hansen, C. s.. Johnson, Geo. w.
Newcom, and Louis +. Koyar. to me
known to be tthe persons named in and
who executed the foregoing articles
sof incorporation of the Farmers and
Merchants Savings Bank, Of Boyer, Iowa.
and acknowledged that they executed the
same as their voluntary act and deed.
L. DAVID W..
25-4t Justice of Peace, in and
for Crawford county, Iowa.
Boyer, Iowa.