Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1918-11-20
Manchester Auto { Supply Company
DISTRIBUTORS, MANCHESTER, IOWA
DISTRIBUTORS,

Dollars OF the capital STOCK ID 1ully
paid and issued. upon receipt from the
authorizing them to commence busi-
ness. and shall continue for period OF
twenty (2o) ysara
ARTICLE VI
The Affairs Of the corporation shall
Directors who shall elect President,
vice-President. Secretary and Treas
urer, and Manager, and such other OF
ficers as they may see At for conduct
ing the business Of said corporation.
ARTICLE VII
An election OF the stockholders for
the election Of directors, shall bo held
annually on the first Tuesday in Janu-
airy, at the business office OF said cor
poratfon in said City Of Manchester,
Delaware County. Iowa. Until the drst
election, which shall be held on the first
Tuesday in January, 1919. the follow
Ing persons shall be the directors OF
said corporation:
Joseph Hutchinson.
A. NJ. Cloud,
f. E. Richardson,
Harry Seeds
William Hockaday.
e. M. Carr,
]. c. Nieman,
and until such first annual election,
the following officers shall be the of
acers respectively OF said corporation:
Joseph Hutchinson, President.
VIM. Hockaday. ST., vice-PresiSent.
Harry Seeds, Secretary & Treasurer.
No person other than . stockholder
shall be director. and should direc-
tor part with his stock In the corpor-
alton, he shall at once cease to be q
director. All vacancies occurring in
the Board Of Directors between annual
elections. shall be filed by the remain-
ing members Of the Board Of Directors,
and the directors SO appointed shall
hold office until the next annual cleo
ton. At all meetings of the stockhold-
ers each shall be entitled to one vote
for each share Of stock held by him or
her. Such vote may be cast In person
or by proxy. The Office Of the Score
tary & Manager or Secretary & Treas
lurer, or both or all, may be the same
person. and such officer may be selected
without being required to own stock In
said corporation.
ARTICLE VIII
The highest amount of Indebtedness
to which the corporation IL to subject
itself at any time shall not exceed two
thirds of the capital stock issued and
paid for at any time.
ARTICLE TX.
The private properly OF the stock
holders shall be exempt from the cor
porate debts, as authorized by the con-
stitution and laws of the State Of Iowa.
ARTICLE x.
The corporation may make and
amend bylaws for the proper conduct
of the business upon a majority vote
thereof. subject to such limitations as
may be required, If any, by majority
vote of the stockholders in interest.
ARTICLE XII.
Amendments of these Articles may
be made at any annual meeting OF the
stockholders, or at a special meeting
called for that purpose by vote OF
two-thirds Of all the stockholders in
interest. except Article TX.
ARTICLE XII
This corporation may be dissolved at
any time prior to the period fixed by
Article v. hereof, by vote Of two
ers in favor Of such dissolution, at any
regular annual or at a special meeting
duly called for that purpose.
I'm Witness whereof We Have Here
unto Subscribed Our Names to the
Foregoing Articles Of Incorporation Mt
Manchester, Delaware County, Iowa,
this 18th Day Of April, A. ID. 1918.
Jos. Hutchinson,
A. D. Brown,
Thorpe Bros,
A. M. Cloud,
Haug & Son,
Gildner Bros,
d. j. Meggenburg,
H. C. Seeds,
Geo. H Klaus.
Chas. Mccormick,