Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-07-03
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Notice Of incorporation.

| signature q ~ SVSSC~voV1
Notice Of incorporation.
Notice is hereby given that the un-
dersigned have associated themselves
together as a body corporate under thd
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 shah
be Kane Laundry Company. and ita
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 busis
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 corr
poration.
All conveyances OF real property
made by the corporation shall be ex-
Eecuted by the president Of counter
! signed by the secretary with an im-
preston Of the corporate seal attached,
| il the corporation has seal; and al
releases OF mortgages, liens. judgments
| or other claims that are required by
law TO De MADE or record may ne ex-
ecuted by the president, vice president
or secretary OF the corporation.
3. The amount Of capital stock au-
thorized is fifteen thousand dollars, d.
Yided into shares Of one hundred doll
| lars each. The corporation may COM
mence business when 1909 in stock has
been issued No stock shall be issued
! until the corporation has received pay.
| nent In fulftherefor at par In cash or
property; provided, however. that when
stock is issued for anything other than
| money: 1t 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. 1919: and any
amendment thereto.
The capital stock authorized may be
increased by vote Of hfty-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
I be offered to the existing stockholders
proportienately to their holdings at not
less than par, for period Of ten days.
T. THE corporate period Of this corr
poration shall begin on the date the
secretary of state issues certificate
Of Incorporation. and shall terminate at
the expiration Of twenty COZ 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-
vided by law.
shall be managed by board OF two
directors. which number may be in
creased to three upon majority vote OF
stockholders, who shall elect q presi-a
dent, vice president, secretary and
treasurer and suoh other officers in
Guiding an executive committee. as they
may see fit or as may be provided for
by the bylaws Of this corporation.
6. The annual election shall be held
on the second Tuesday in January OF
each year. Until the hrst election.
which, shall be held on the second Tues
day In January. 1919. the following per-
sons shall be directors:
william G. Kane, postto.n:s:ce. Me--=.h..l-
town. Iowa.
Ethel H. Hamacher. postoffice. 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 Marshalltown. Iowa.
Treasurer, Ethel II. Hamacher. post
office Marshalltown. 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 stakeholder and X any director shall
sell or transfer his stock In this corr
poration he shah at once cease to be .
director. The board OF directors may
an all vacancies occurring in its MEM
bersflip between annual elections by
the appointment OF qualified persona TO
hold office for the remainder Of the
term. Special meetings Of the stock
holders may be called at any time by
the president giving ave day. notice
In person or In writing to the stock
holders and shah be called ~ him at
any time upon the written request ce
stockholders representing 81 shares OF
stock to the amount OF 10 shares may
Join in call Of the stockholders, which
meeting shall be the same a. thcslgh
called by the president. AZ MI meets
Finss Of the stockholders each stock
holder shall be entitled 70 one vote tor
each share Of stock heid ~ him. which
vote may be cast in persons or by WRIT
ten proxy.
Z. The highest am01nt Of indebted-
ness to which this corporation Hay q
any time subject itsst1 ahalf not ex-;
coed two thirds Of IT. pai0-up and out.
standing stock. sos
s. The private property Of ths STOOLS
holders shall be exempt from cooperate,
liability except to the extent and n the
manner provided BY the laws Of tn
state of Iowa
9. The corporation may make ana
sitter bylaws at pleasnrs, ana may
authorize the board a direateEN t. DO
90. subject 70 such restrictions al may
BIZ deemed advisable.
l0.AmendmentA to thee articleQ
MAY 10 made at any anrual Westing Of
the stockhOldsrs. or - . sspecia1 meet
ing called for that purpose. twe-tAirds
OF all stockholdsrs In interest voting
Tor. such amendment. n n n
ArD - - ~, 49, s. ~