Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-09-26
N$ties Of Incorporation u Walter 4
Prisr Company.

Notice is hereby given:
That the undersigned Walter Il
Priert c. A. Durham and j. H. Fisher
have formed an Iowa corporation for
pecuniary profit under the. laws OF the
state Of Iowa and the provisions OF
chapter /, title Q. OF the code of Iowa
and laws amendatory thereto
That the name OF the corporation is
Walter H. Prier Company and it's office
and principal place OF business are al
Marshalltown. Marshall county. Iowa.
That the general nature Of the busi-
ness to be transacted by it shall be the
erection. maintenance and operation OF
foundries and machine shops: the man.
ufacture and sale of castings, machin-
cry. equipment and general foundry and
machine products and the carrying on
of any other business incident thereto
and necessary to be operated In con-
nectionNtherewith and such as the board
of directors may see proper to engage IN.
And it claims the right to buy and hold
real estate for the purpose OF its own
business and to provide place or
places for the carrying on Of its bust
ness and for such other purposes as
may be consistent with the general
business that the corporation Is en-
gagged in.
And 1t claims the following additional
powers: To have perpetual SUGGEST on;
to sue and be sued by its corporate
name: TO have a common seal, which it
may alter at pleasure: TO render the
interests Of the stockholders transfer
able: to- exempt the private property
Of its members from liability for cor
porate debts, except as otherwise de-
clared: to make contracts. acquire and
transfer property. possessing the same
powers in such respects as natural per-
sons: to establish bylaws. and make
all rules and regulations necessary for
the management Of its affairs.
That the, authorized capital stock Of
the corporation is s50.0oooO, all COM
mon stock. in shares Of $4,000 each:
S25.000.oO q which stock shall pc
paid for and issued when the corpora :
ton begins business: par value OF all
stock shall be fully paid to the corpora :
ton in money Or property before Is
sued. Capital stock may be increased
by vote Of majority in interest Of all
the stockholders: and the stock shall
be non -assessable.
That the, corporation commenced
business on August 26, 1918. the date
when certificate was issued to it by the
secretary Of state and shall continue
thereafter for twenty years: and the
period expires August rs. 1888, unless
sooner dissolved by a two thirds vote
OF all stock entitled to vote.
That the corporations affairs are to
be conducted by board OF three di-
rectors who must be stockholders and
shall hold their Office for one year and
until their successors are elected and
qualified: and directors shall FROM their
own number at their first meeting IN
each year elect president, vice presi-
dent. secretary and treasurer. Election
OF directors shall be held at the cor
poration's Office on the first Wednes-
day after the third Tuesday in Febru-
airy. 1919, and on a like date in each
succeeding year. At all elections and
meetings Of stockholders, each stock
holder shall be entitled to one vote for
each share Of common stock owned by
him. The directors. until the February
1919. election, shall be Walter H. Prier
G. A. Durham and J. H. Fisher and
until that meeting Walter II. Prier
shall be president. treasurer and gen.
eral manager; and c. A. Durham. vice
president: and ]. H. Fisher. secretary,
That the Indebtedness OF this corpora
ton shall not at any time exceed two
thirds Of its paid up capital stock And
the private property Of the owners Of
stock in this corporation shall be ex-
-empt from corporate liability. except to
the extent and in the manner provided
by the laws Of the state Of Iowa; and
this article as to stockholders liability
can not be altered or amended. r
Dated at Marshalltown. Iowa, Sep
temher 18th. 1918.
Walter II. Prier Company.
WALTER H. PRIER,
c: A. bUNHAM.