Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1916-1918, 1917-01-16
Notice Of Incorporation.

To Whom it May Concern:
Notice is hereby given that corpor-
alton has been formed under the laws
of the state of Iowa; that its name Is
"Edstrom Company" and it's principal
place Of business is Ottumwa, Iowa
that the general nature of the business
to be transacted is to acquire and take
over all the rights, title and interest OF
David Edstrom, Colin NJ. Mackan and
Rogers Fl. Gait in their patent for a
molding process and in the letters pat
ent issued to them by the United
States through the patent office. mum
Der 1, 1SS,051, in the interior department
Of the United States government at
Washington, D. c.: to acquire or take
title to the letters patent for the SAID
molding process; to acquire and take
title to anything and everything con-
nected with or growing out of the rights
of said Edstrom under said patent and
said letters patent for said moldine
process or anything and everything
connected Herewith; to acquire and
take title to any and all improvements
made on said molding process and TO
the letters patent of the United States
that may be issued therefor; to &C
quire and take title to any and all pat
ents that may be applied for and Cd
tanned. for use in connection with SAID
molding process or in any way con
nected Herewith: to develop and bulld
up any and all kinds of business that
can be secured under said patent: TO
sell and give licenses for the use OF said
molding process covered by said letters
patent or by any other patents as here
inbefore specified: to sell territory
within which said molding process can
be used under said letters patent or
under any other letters patent that may
be hereafter acquired as hereinbefore
specified: to sell. give and grant partial
and exclusive rights to use, sell or de-
velop said molding process under said
letters patent: to use said moiding pro-
cess under said letters patent; to build
and equip or have built and equipped
proper and suitable machines for the
use of said moldire process: to build
up. develop and carry on any ana an
kinds of business for the use of said
molding process and to market, sell and
use the products and ontnut. resulting
from the use of said molding process.
to develop and carry on any and all
kinds of business growing out of or
connected with said holding process
and its use and in marketing and sell
ing the products and output from the
use thereof: to buy, keep. sell and own
all kinds Of tools. implements, ap-
planes and instruments used in sad
moldirg process or suitable therefor;
to make all kinds Of contracts in the
line of business hereinbefore speclhed
or such as are reasonably So)taple
therefor to carry out and fulfll the
same: to do and perform all kinds OF
work reasonably suitable for and
adaDted to the same to buy. sell. keep
own and use any and all kinds of ma
terials, goods or merchandise useful FOR
or reasonably adapted to such KINDS OF
business and to do anything and every
thing convenient in or to and adapted
to or in any way connected with said
line of business: also to do and carry
on all lines of business and everything
connected Herewith with any patent
and letters patent that may be mere
after ACQUIRED for improvements on
said moldinu process or for any patents
or letters patent or anything. connect
ed Herewith, in the same way, manner
and to the same extent as are hefein-
before enumerated in regard 10 saio
patent and letters patent of DAVID
Fdstrom for said molding process;
also to acquire, establish, hold. sell or
mortgage, grounds and buildings neces-
sary or convenient for the conducting
Of it's said line of business: also to
have the power to execute and carry
out a II contracts and obligations adapt
ed to the nature of it's business and
convenient for carrying it on: also to
execute notes. bonds, mortgages. or
ders. drafts, checks and all other writ
ings and instruments necessary or
convenient in the transaction of its
business: that the authorized capitai
stock Of the corporation was one thou-
sand (sl,o00.oO) dollars to be divided
into shares Of one f$10o) each. to be
paid for in full by the stakeholder in
N nnTSnna1
real property. at the price to he agreed
upon by the stockholder and the cor
poration. but If stock is issued for any
thing but cash. authority shall first be
obtaina Bile therefor from the proper
authority as required by the laws Of the
state of Iowa: that the corporation
shall exist as a corporation for twenty
600 years from July l. 1916. unless
sooner dissolved by an affirmative vote
of three fourths (Aths) Of the issued
and outstanding capital stock: that its
affairs are to be conducted by board
of three directors and by president.
vice president. secretary and treasurer;
that said directors and said officers
shall he stockholders of the corpora
ton; that said board of directors shall
be elected annually by the stockhold-
ers at a meeting on the first Nednes
day of May Of each year at the general
office of the company in Ottumwa,
Iowa and the officers of the company
shall be elected by the board of direc-
tors at their annual meeting of each
year Immediately after the adjourn
ment of the annual stockholders meet
ing. In case, however. said board of
directors or said officers are not elected
at said meeting they may be elected at
subsequent meetings of the stockhold-
ers and Of the board of directors to be
ca He'd for that purpose Said board of
directors and said officers shall hold
their office for one "a year and until
their successors are elected and quail
fed. At said stockholders meeting.
each stakeholder shall have one vote
for each share of stock held by him.
The highest amount of Indebtedness or
liability to which the corporation is at