Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1916-07-25
Notice Of incorporation.

To whom 1t may concern: A&
Notice Is hereby given that corpor-
alton has been organized under the
general incorporation laws OF the state
or Iowa, and articles OF Incorporation
duly executed and recorded with the
iowa, and with the secretary of state
for Iowa. upon the fling of which a
certlfcate Of incorporation has been is
sued by the secretary of state, for
Iowa. .N III.
The articles among other things con-
tain the following provisions:
Inc name Of the corporation is Sam
uel Mahon company, and it's principal
place OF business Is at the City of OF
tumWa, county of Wapello and state Of
iowa, but 1t may establish offices and
places or business, and conduct its
business at other places. either in the
state or Iowa, or In any other state Of
the United States. roo ~,
- The general nature Of the business to
De transacted Is and shall be the
wholesale grocery business in all its
branches, including the purchase and
SAFE or grocery merchandise Of every
kind and nature, and including the pur-
chase OF established stores, stocks of
rocery-merchandise and equipment;
the purchase, manufacture and sale of
any and every kind of product and
merchandise reasonably related to or
commonly carried on along with the
wholesale grocery. business, including
the roasting and preparing for market
ana vending Of coffees; the making and
vending OF extractsy the preparation
and vending Of bluings, baking pow
ders. sweeping compounds, and any
otner related articles or products which
may De conveniently manufactured,
bought and sold in conhection with the
wholesale grocery business
II, snail also have the power to lease,
purchase and sell, or in any manner ac-
quire and dispose OF such real estate, or
Venlent In conducting it's business
wherever the same may be established.
the amount Of capital stock authoriz-
ed Is $750,000.00, to be divided into
shares of $4,000 each, to be disposed of
ana issued from time to time as the
corporation shall determine, and as the
articles provide. certificates to issue
only AFTER the stock Is paid for in full,
at par, in cash, or in any other man
ner, or for any other consideration
autnorlzed or permitted by the laws of
the state OF Iowa, and when appropriate
action has been taken in pursuance
thereof -
The time Of the commencement Of the
corporation shall date from the time
the articles of incorporation were filed
Tor record with the recorder Of deeds of
Wapello county. State of Iowa, towit:
June Fl, 1915. and shall continue and
exist as corporation for twenty years,
thereafter, unless sooner dissolved
Inc affairs of the corporation are to
be conducted and carried on by a board
OF HVe directors, and by president,
vice president, secretary and treasurer,
al or whom must be stockholders. The
board Of directors and officers are to
be elected by and from among the
stockholders Of the company, at the
annual stockholders meeting, or at
some adjournment thereof, and the ar
tlcles provide that such annual stock
holders meeting shall be held at the
general office Of the company. In the
City Of OttumwaS Iowa, on the third
Saturday Of April Of each year, to con-
vene at o'clock in the afternoon
The officers and directors shall hold
their respective offices for one year. or
until their successors are elected and
accept. But whenever any director or
officer ceases to become a stockholder,
his position as director or, officer shall
thereby become vacant. Nand shall be
filed by the stockholders at a special
meeting called for that purpose. The
tenure of such office to expire at the
next annual meeting OF the stockhold-
ers. E"~ f.'.'- ~ ..-i nd ~ 3
Until the annual stockholders meet
ing to be held in the year 1917, the d.
rectors and officers to conduct the af-
fairs Of the corporation until that time,
are named in the articles Of incorpora-
ton, to which reference Is here made.
The highest amount Of indebtedness
to which the corporation may at any
time subject itself, may equal, but
shall not exceed in amount, two thirds
Of the company's issued and paid up
capital stock. E-.a.as .rtF.
The private property Of the stock
holders and members Of the corporation
is and shall be exempt from It's corpor-
ate debts and the articles provide that
this provision In respect to exemption
shall not be changed, altered or amend
ed. ,aa. & " a... .-
Dated July Z, 1916. 5a
Samuel Mahon Company, by John K.
Mahon. President.
Attest: Jos. e. Hinsey, Secretary.