Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-09-18
NsH;e> q Amendment TO Articles o.
Inosrperation Of MarshaIitoA'n Tr0"e'
G-aawW.

Nse;e> a Amendment TO Articles o.
incorporation Of Mashallto~m Iro"e'
Company.
Notice "a hereby given: That NJ
special meeting of the stockholders OF
Narshalitown Trowel Company OF Mar
shalltCwn Iowa. held at It's once IN
Marsa,artoxn Iowa. on FEBRUARY IL
1915. called for the purpose OF aInenu-
ing fts articles OF incorporation the
LA articles were amended In the Iof-
luwtns particulars:
Article " Of said Gfcc4es q moor
rprafion vas amended 20 read as fo-
lows:
:AKrfcLE ".
rns reneral nature OF the business
=, mi. conservation shail be the man
ufacture o. tools. machinery, nipple
,ne,ts castings, iron and steel work
and such other business as may De IN
cident 10 a general machine anu man
ufacturing company.
This corporation shan have the power
20 acquire. own and hold real estate loi
the purpose OF IT'S own business anu 10
provide a place or places for the carr ihs
on Of its business and for such other
purposes as may be CONSISTENT with me
general business tsrat the corporation Il
enrseed IN: and Il claims all snch
rights. The real estate Of the corpora
ton shall be transferred by It's deco
executed by its president and secre-
sary.-
Article V Of said articles q tncorpora-
ton was amended 10 Rad as toilc"s'
ARTICLE V.
the authorized capita, stock .. this
co-ooration is 500 .NoohH, all Of when
shall be common stock. divided INTO
.. 900 shares Of $4,000 each. and the par
yaiue Of all stock shall Re fully PAID 10
the corporation IN money or properly
before the stock is issued. The STOCK
can or,v be transferred on the books
Of the company on the surrender Of the
original certificate and new stock issueo
IN its place. The capital stock as named
may be increased by vote Of q MAJOR
~ in interest OF all the stocSnoloers;
and the additional shares Of stock shall
ne offered TO the existing stockholders
unconventional TO their holdings and al not
less than the part value thereof
Article VT OF said articles Of moor
poration was amended TO read as FOL
lows:
ARTICLE VI
Tho business and prudential affairs OF
this corporation shall be conducted oF
a board Of three directors who must oe
stockholders and who shall hold thelr
Offices for one year. and until their sue
cesSors are elected and qualified; and
sr,ch directors shall from their owl
runher at their first meeting in each
wear elect a president, vice-presioent
secretary and treasurer, respectively. o.
said board Of directors and corporation.
Each such officer shall hold his office
for one year and until his successor is
elected and qualified. Any member OF
said board of directors may hold one or
more offices as above indicated. The
treasurer may be required by the board
OF directors, II deemed expedient- 10
give q bond In such sum as they may
deem nece s<ary. Said directors shall
have the right and authority to III any
vacancy IN the Offices Of said corpora
ton and elect such other officers and
agents Of said corporation as IN their
judgment may be for the best interests
of said corporation. And the board OF
directors may from time to tine adopt
such ruics ard regulations as they
deem fit and proper for the control and
conduct Of the coTnpany's affairs and
business: and there shall be such hv-
laws for the company as the stockhold-
ers may adopt"
Article VII Of said articles Of incor-
poration was amended to read as fol-
lows.
ARTICLE vi
The annual meeting Of stockholders
FOR the election Of the directors Of this
corporation shan be held a. IT'S office al
MarshaIltown, Iowa on the first Tues
day after the first Monday in January,
1919 and on the first Tuesday after ne
first Monday in January OF each sue
ceeding year At all elections and meet
s in.s OF the stockholders OF this corpora
ton each holder Of stock shall Be en-
titled to one vote for each share OF
stock owned by said person. which vote
rnsy be cast in person or by proxy.
when the proxy is in writing and fled
with the secretary before such election.
Ten DAYS notice shall be given Of all
REGULAR or special meetings Of the
stockholders. which notice may De given
either in writing. delivered 10 such
Stockholders in person or mailed to the
last known pnstcEice address OF such
y stakeholder or il- publication In d
rswsps per In Na-shalltown Iowa. pro
vidsng such notice be published once
each week for two successive weeks
PRIOR to said election. The president
Of this CORPORATION may call a meeting
Of the stockholders at any time he sees
p-ooer and shall DO 30 upon the written
r~cI1est Of the stockholders owning the
ma;ar:ty Of the stock. In case the
president neeiects or refuses to call a
meeting at the request Of the stock
\ holders stockholders owning z majority
& 81 the stock may join IN a call Of the
Stockholders at q special meeting
which meeting shall be the same as If
called by the president At the meet
4 irsrs OF stockholders each stakeholder
y shall be entitled to one vote for each
n sf,are OF stock held by him, and he may
vote in person or by written proxy"
And the following was adopted as
+ Article, x of the articles Of incorpora-
ton OF said company.
ARTICLE x.
40 stock Of this corporation shall be
disposed OF by any stocl:holder owning
the same to any one but the said cor
81 poration. unless the stakeholder shall
af least thirty tso) days previous there
Is offer In writing to sen the same at irs
book value to the president OF this cor
noratfon, for the corporation, and the
4 c4Yer shall not have been accepted with.
L in 4sse said thirty 600 days; and this
4 article shall be applicable to ali stock
Il new outstanding and shall be endorsed
on each certificate Of stock hereafter
n s Issued By this corporation; and shall