Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-07-16
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Notice Of incorporation.

q
Notice is hereby given that there has
| been formed under the laws of the
state Of Iowa, corporation for pecun-
larry profit and the name OF this cor
poration is Schmidt Hardware Com
pany' and its principal place Of BUSH
ness is at Marshalltown. Marshall
county. Iowa.
The, general nature OF the business
to be transacted by, !. this corporation
shall be the conducting Of . wholesale
| and retail hardware business. includ-
ing the buying, keeping. selling and
dealing IN all kinds OF hardware, ma
chinery. builders supplies and
| materials and any and all other
articles or materials pertaining to a
| general hardware business. with the
full right to conduct general mer-
chandise business. including the buy
ing. keeping, selling and dealing in all
articles Of merchandise which may
lawfully be bought and sold within The
/ state OF Iowa
This corporation shall have the right
| to buy, keep, sell and install furnaces,
heating plants. lighting plants, plumb
| ing devices and fixtures and any and
all other plants and devices which may
DO considered advisable by its board OF
directors
It is also authorized TO buy, hold sell
and convey such real and personal
property as may be deemed necessary
business. and may give and receive
mortgages and similar conveyances in
the operation Of its business.
49, As,{n
corporation is thirty thousand dollars,
divided into shares Of one hundred
dollars each and all stock shall be
fully paid and non assessable when
issued.
This corporation began business on
tho second day Of July 1918 and will
continue for a term Of twenty years
unless sooner dissolved and may be re-
newed as provided by law.
The affairs Of this corporation will
be conducted by q president, vice.
president, secretary and treasurer and
board Of directors. The Offices Of
secretary and treasurer may be held by
the same person until such time as tho
share holders determine otherwise
The board Of directors shall consist OF
the president, vice president, secretary
and treasurer and one additional
stakeholder.
All officers Of this corporation shall
be elected by the stockholders at their
annual meeting and shall hold Office
for period Of one year and until their
successors are elected and qualified.
The first annual meeting Of the
stockholders OF this corporation will be
hntd %ha ~ 1,11V
1919 and annually on the second Tues
day Of July thereafter. Until the Arst
annual meeting OF the stockholders,
the following named persons shall con-
stitute its officers and conduct its
affairs, viz:
Prestdent-C. F. Schmidt.
Vice president-F. =, Schmidt.
Secretary and treasurer - Meta
Schmidt
Members OF the board Of directors:
c. F. Schmidt, F. E.. Schmidt Meta
Schmidt, George W. Herlin.
The highest amount Of Indebtedness
to which this corporation shall at any
| time subject itself shall not exceed
two thirds Of it's paid up capital stock
| but 1: may issue bonds or debentures,
the payment Of which Is secured by an
actual transfer of real estate securities
az provided by the statutes Of the state
Of Iowa.
The private property Of the stock
holders Of this corporation shall be
exempt from corporate debts and this
provision shall not be changed or
modified during the life Of the COR
| poratlon.
Done at Marshalltown, Iowa, this sth
day Of July 1918. sS
Schmidt Hardware Company.
BY G. +. Schmidt, president and
Meta Schmidt, secretary and treasurer.