Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-06-26
Neties q incorporation.

Notice lie hereby given that the I'M
dersigned have associated themselves
together a. q body corporate under the
provisions OF Chapter ], 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 shah
be Kane Laundry Company, and its
principal place Of business shall be at
Marshalltown. in the county Of Mar
shall and state Of Iowa.
2. The object Of the corporation is to
do 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, BIS 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-
eclted by the president Of counter
signed by the secretary with an i'm
preston Of the corporate seal attached.
II the corporation has seal; and all
releases Of mortgages, liens. judgments
or other claims that are required oy
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-
thorixed is fifteen thousand dollars. d.
vided into shares Of one hundred dol
lars each. The corporation may COM
mence business when $500 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
prevail OF the executive council OF Iowa,
as provided in section 1s41-b OF the
supplement to the code, 1918: and any
amendment thereto.
" The capital stock authorized may be
increased by vote Of nfty-one 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 certificate
Of incorporation. and shall terminate at
the expiration Of twenty fe0) years
from said date, unless sooner dissolved
by a two thirds vote Of the stockhold-
ers at any annual meeting, or at
special meeting called for that pur-
pose, or by unanimous consent a. pro-
vided by law.
S. 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 a presi-
dent, vice president secretary and
treasurer and such other officers in
Guiding an executive committee. az they
may see nt or rs may be provided Tor
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 G. Kane, postoffice. Marshall
town, Iowa
Ethel II. Hamacter, postoffice, Mar
shalltown. Iowa
And the following shall be the Of
ficers:
President. William G. Kane. post
Office, Marshailtown. Iowa.
Vice president postonfce --
Secretary. Ethel II. HAmacher, post
office, Marshalltown, Iowa.
Treasurer Ethel II. Hamacher. post
Office MarshaIltown. Iowa
All officers OF this corporation shall
hold office for the term Of one year or
until their successors are elected. and
have qualified. Every director shall be
a stockholder and II any director shall