Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-03-19
Artieiss u incorporation Of the St.
Anthony Mutual Telephone Com

pany.
We, whose names are hereto sub
scribed, hereby associate ourselves into
body corporate under the provisions
Of chapter !, title Q of the Code OF
Iowa and acts amendatory thereto, as
summing all power, right and privileges
granted body corporate, and all the
duties and obligations imposed by the
said chapter and title, and do adopt the
following articles Of incorporation. to-
wNs
ARTICLE 1.
Tho nams Of this corporation shall
be the St Anthony Mutual Telephone
Company.
ARTrCIiE q,
lts principal place Of business shall
be ax st. Anthony. Marshall county,
Iowa,
ARTICLE &
The object Of the corporation and for
which 1t u organized Is for the purpose
OF taking over the property of the St.
Anthony Telephone Company and IN
incorporated association engaged in the
business OF conducting and operating a
Mutual 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 to construct, purchase, sell,
lease. own and operate and maintain
telephones and to erect lines, equip
ments and apparatus in connection
Herewith in the state of Iowa, to pur-
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
contrvances, to purchase. own and sell
stock in other corporations or associa-
tons engaged in like business and TO
transact such other business as is usual
to corporations Of like character or as
may from time to time be decided upon
by the shareholders the main purpose
of the business Of this corporation,
however, shall be to transmit telephone
messages, to, from and between its
stockholders or with such other eX-
changes as connections may be mace.
All conveyances OF real property
made by this corporation shal! be ex-
ecuted by the president and counter
signed, by the secretary, with an i'm
preston OF the corporate seal attached
if the corporation has a seal; all re-
leases OF moStgages. liens, or other
claims that are required by law 10 be
made Of record, may be executed by
the president. vice president or sec
rotary Of the corporation.
ARTICLE i,
The amount of capital stock author
lied is nine thousand (s900000) dol
lars and may commence business on
paid stock of $4,000 divided into 800
shares OF $50 each and each share is TO
De fully paid and -assessaole when
issued and no shareholder shall own
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 unincorporated association, there
shall be issued to each member OF
said association in good standing one
share Of stock in this corporation for
each share held by such member OF
said association which shall be con-
sidered and treated by this association
as fully paid subject however, to the
approval OF the executive council OF
Iowa as provided FOR in section 1s41B
OF the supplement TO the Code Of 100?
and any amen dments thereto.
No share Of stock in this corporation
shall be sold or issued by the corpora
ton Tor less than it's face value except
the shares issued to the former mem
bers of the St. Anthony Telephone
Company for the purpose OF taking
over their shares in said company but
the shareholder OF this corporation may
at any annual meeting or meeting
called for such purpose, fix a premium
in addition to the par value from all
stock not issued and no stock shall be
thereafter issued by the corporation
until such premium in addition to the
par value shall be fully paid.
Certificates and shares of stock shall
be transferred only IN such manner as
the board of directors OF this corpora
ton may fix and the corporation shall
have a lien upon each share of stock
for any amount due the corporation
from the owner thereof and no stock
shall be transferred until all the in
debtedness owing to the corporation
from the former owner shall have been
fully paid and further no stock shall be
sold or transferred without the consent
Of the board of directors OF this corpOr-
alton and the right Of the said direc-
tors to pay and take said stock at par
value.
No person other than a shareholder
shall be permitted to connect with or
use any OF the lines OF this company
without the consent o. the directors OF
this corporation.
The board Of directors of this cor
poration shall fix the fee charges or
rental TO be paid by ali persons includ
ing the shareholders OF this corporation
for the use Of the Lncs or property Of
the corporation and the services rem
dered by the corporation, which fee,
charge or rental shall be uniform and
shall not discriminate between the
shareholders of the corporation, such
fee. charge or rental shall be paid at
such times and in such manner as the
board OF directors may determine.
ARTICLE >.
The corporate period Of this corpor
alton shall begin on the date the sec
rotary of state issues certificate OF
incorpora ton and shall terminate at
the expiration Of twenty (20) years
from said date, unless sooner dissolved
ny a three-fourths vote of the stock
holders at any meeting. or at a special
meeting called for that purpose.
The affairs Of this corporation shall
be managed by president and vice
president elected by the shareholders
annually and a board Of directors suffi-
cient to represent each rural line, one
half Of said board of directors to be