Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-04-09
Articles of Incorporation Of the St.
Anthony Mutual Telephone Com

W.
Anthony Mutual Telephone Com
pany.
We whose names are hereto sub
scribed. hereby associate ourselves into
a body corporate under the provisions
of chapter !. title 9 OF the Code o.
Iowa and acts amendatory thereto, as
Stunning all power, right and privileges
granted a body corporate, and all the
duties and obligations imposed by the
said chapter and title, and do adopt the
following articles of Incorporation, to-
wit:
ARTICLE !.
The name of this corporation shall
be the ST Anthony Mutual Telephone
Company.
s- ARTICLE 2.
Its principal place Of business shall
be at ST Anthony. Marshall county,
Iowa. .-.
ARTICLE 8.
The object of the corporation and for
which ii is organized is for the purpose
Incorporated association engaged in the
of taking over the property Of the St
Anthony Telephone Company and I'M
business Of conducting and operating a
Mutual a Telephone Exchange and
transmitting telephone messages from,
to and between the members OF such
association.
The general nature of the business
to be conducted by this corporation
shall be 10 construct. purchase. sell.
lease, own and operate and maintain
telephones and to erect lines. equip
ments and apparatus in connection
Sta - ~ r.
chase and convey and cucumber both
real and personal in connection with
a corporate business; to buy, sell and
deal in telephone supplies, devises and
contrivances to purc base. own and sell
stock in other corporations or associa-
tons engaged in like business and to
transact such other business as is usual
10 corporations OF like character or as
may from time 10 time be decided upon
b. the shareholders, the main purpose
Of the business Of this corporation.
however. shall he to transmit telephone
messages, 10. from and between its
stockholders or with such other ex-
changes as connections may be made
All coryeyances Of real property
made by this corporation shall he ex-
ecuted By the president and counter
signed by the secretary, with an i'm
preston OF the corporate seal attached
II the corporation has a seal: all re-
leases Of mortgages, liens, or other
claims that are required by law to be
made Of record, may De executed by
the president vice president or sec
Rotary OF the corporation.
ARTICLE 4.
The amount Of ca p.-s stock author
ized is nine thousand ($9,O00.00) dol
lars and may commence business or
paid stock Of $4,000 divided into 3O(
shares Of 500 each and each share is tt
be fully paid and non assessable Uher
issued and no shareholder shall owl
more than five shares of stock at any
one time. 1t is understood that in TAX
ing over the property and business Of
the St. Anthony Telephone Company
an unircorporate association, Their.
shall be issued 10 each member o.
said association in good standing one
share Of stock in this corporation fol
each share held by such member o
said association which shall be con
sidered and treated by this association
as fully paid, subject, however, to the
approval of the executive council o.
Iowa as provided for in section l641-t
of the supplement 10 the Code Of 190'
and any amendments thereto.
No share Of stock in this corporation
shall be sold or issued by the corpora
ton for less than its face value excep
the shares issued to the former mem
bers of the st. Anthony Telephone
Company for the purpose of takins
over their shares in said company bu
the shareholder of this corporation ma,
at any annual meeting or meetint
called for such purpose, fix a premium
in addition to the par value from al
stock not issued and no stock shall b.
thereafter issued by the corporation
until such premium in addition to tn
par value shall be fully paid.
Certificates and shares of stock shall
be transferred only in such manner a
the board Of directors of this corpora
ton may fix and The corporation sinai
Y. have lien upon each share of stool
for any amount due the corporation
rom fne owner thereof and no stoci
Hi1au be transferred until all the in
debtedness owing to the corporation
from the former owner shall have beel
fully paid and further no stock shall b
sold or transferred without the consen
OF the board OF directors of this corpor
alton and the right Of the said direc
tJfs fts ,pAy and take said stock At pa
value.
[ i. Z . ! IS