Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-07-17
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Motto. .. incorporation.

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All dealers sell them.
Notice Of Incorporation.
Z Notice is hereby given that the un-
dersigned have associated themselves
3 together as a body corporate under the
provisions Of Chapter 1. Title TX, OF the
code OF Iowa, and acts amendatory
thereto and have adopted articles OF In
corporation proving as follows:
I. The name of the corporation shall
be Kane Laundry Company, and IT'S
principal place Of business shall be at
Marshalltown, in the county OF Mar
shall and state Of Iowa.
Q. The object Of the corporation is to
do a general laundry and cleaning bust
ness, and such other lines of work as
may be determined upon by the board
of directors.
The corporation shall have the right
to buy, hold. sell and convey personal
property and such real estate, as may
be necessary or convenient for the
proper conduct Of the affairs OF the cor
poration.
All conveyances Of real property
made by the corporation shall be ex-
ecuted by the president Of counter
signed by the secretary with an i'm
preston Of the corporate seal attached,
if the corporation has a seal; and all
releases OF mortgages. liens, judgments
or other claims that are required by
law to be made Of record may be ex-
ecuted by the president, vice president
or secretary of the corporation.
8. The amount Of capital stock au-
thorized is fifteen Thousand dollars, O.
vided into shares of one hundred dol
lars each. The corporation may COM
mence business when 5000 in stock has
been issued. No stock shall be issued
until the corporation has received pay
ment in full therefor at par In cash or
property; provided, however, that when
stock is issued for anything other than
money; it must be subject to the APP
prova1 Of the executive council of Iowa.
as provided in section 1641-b of the
supplement to the code, 1918; and any
amendment thereto.
The capital stock authorized may be
increased by vote Of fifty per cent
in interest of all the stockholders. by
the adoption OF an amendment to these
articles. When the outstanding capital
is Increased, the additional shares shall
be offered to the existing stockholders
proportionately to their holdings at not
less than par. for a period OF ten days.
I. The corporate period Of this cor
poration shall begin on the date the
secretary Of state issues a certificate
Of Incorporation, and shall terminate at
the expiration Of twenty (2O) years
from said date, unless sooner dissolved
by two thirds vote Of the stockhold-
ers at any annual meeting, or at
special meeting called for that pur-
pose, or by unanimous consent as pro-
vided by law.
5. The affairs Of this corporation
shall be managed by board OF two
directors. which number may be in
creased to three upon majority vote OF
stockholders, who shall elect presi-
dent, vice president, = secretary and
treasurer and such other officers in
Guiding an executive committee, as they
may zee At or as may be provided for
by the bylaws OF this corporation.
s. The annual election shall be held
on the second Tuesday in January of
each year Until the first election
which shall be held on the second Tues
day in January, 1919. the following per-
sons shall be directors:
William 6. Kane, postoffice, MARSHALL
town, Iowa.
Ethel H. IIamacher, postoflice, Mar
shalltown, Iowa.
And the following shall be the Of
ficers:
President William G. Kane. post
office, Marshalltown. Iowa.
Vice president postoffice ----.
Secretary. Ethel H. Hamacher. post
Office, Marsf1alltown, Iowa.
Treasurer. Ethel II. Hamacher, post
Office Marshalltown, Iowa.
All officers Of this corporation shall
hold office for the term OF one year or
have qualified. Every director. shall be
stockfiolder and If any director shall
sell or transfer his stock in this cor
director The board OF directors may
fill all vacancies occurring in its mem
bership between annual elections by
hold office for the remainder Of the
term. Special meetinss Of the stock
holders may be called at any time by
the president giving hve days notice
in person or In writing to the stock
lAOlOcI0 6Uu 6udil 10 CanCu ny ulIu at
any time upon the written request Of
stockholders representing 80 shares OF
stock to the amount of 40 shares may
Join In a call: OF the stockholders. which
meeting shall be the same as though
called by the president. At all meet
ings Of the stockholders each stock
holder shall be. entitled to one vote for
each share Of stock held by him. which
vote may be cast in persons or by writ
ten proxy.
T. The highest amount Of indebted
ness to which this corporation may at
any time subject Itself shall not ex-
ceed two-thirds OF its paid-up and OUT
standing stock.
s.. The private property OF the stock
holders shall be exempt from corporate
liability except to the extent and in the
manner providedNby! the laws OF the
state Of Iowa
O.. The corporation may make and
alter bylaws at pleasure, and may
authorize the board Of directors to do
s %. subject to such restrictions as may
be deemed advisable.
10. Amendments to these articles
maybe made at any annual meeting Of
the stockholders, or alta special meet.
ing called for that purpose, two thirds
OF all stockholders in interest voting
for such amendment. n \,
KANE LAUNDRY COMPANY. n,