Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1919-01-14

similar nature; and furnaces 70,
heating and other purposes, and gen.
,ral cast iron products: and suaxes
and other registering devices and ap-
planes and steam specialties: and
for the carrying on OF any other bust
ness incident thereto and necessary
to be operated in connection there
With and such as the board OF direc-
tors may see proper to engage IN. AND
il claims the right to buy and holo
real estate for the purpose OF its own
business and TO provide place or
places for the carrying on Of its ousi-
ness and for such other purposes AS
NAV be consist ent with the general
business that the corporation Is en-
gagged in.
And it claims the following addition
al powers:
To buy. hold. sell. lease. transfer, en-
cumber and otherwise handle both real
and personal property. All transfers
conveyances and encumbrances OF real
estate shall be by proper instrument
in writing signed and executed on be-
half OF the corporation By the president
and secretary Of the corporation; OF
in case of the refusal or disability OF
such officer, by such officer or persons
as the Board OF Direct ors may desis-
rate, but all conveyances. transfers
leases or encumbrances of the real
estate of the corporation shall be madc
only after due authorization by the
Board of Directors.
To have perpetual succession:
btsi y~
name:
To have a common seal which II may
alter at pleasure:
To render the interests o. the stock
holders transferable:
To exempt me private property oil
it's members from liability for corpo-
rate debts. except as otherwise de-
clared;
To make Contracts. acquire and
transfer property. possessing the
same power in such respects as natu-
raj persons:
To establish bylaws. and make ali
rules and regulations necessary for
the MANAGEMENT OF its Affairs
Article VI was amended by striking
out all Of the former Article vi and
inserting and adopting the ,foiio"'nt
in lieu therof:
PARTICLE VI:
The authorized capital stock Of this
CORPORATION is 5000. 100000, all Of which
shall be common stock. divided into
900 shares OF 800 90 each. The par
value OF all stock shall be fully paid
to the corporation in money or prop
erty before the stock is issued and the
stock shall pc non -assessaoie. Inc
stock can only be transferred on the
books OF the company on the SURRENDER
OF the original certificate. and ne"
stock issued in its place. The capita
stock as named may be increased BY
a vote OF a majority in interest or all
the stockholders: and the additiona'
shares OF stock shall be ohereo 70 inc
existing stockholders proportional 70
their holdinss and ut not less than the
par value thereof"
Article VII was amended py strik-
ing out all Of the former Article WI
and inserting and adopting the follow
ing in lieu thereof:
ARTICLE VII.
The business and prudential an2ifs
of this corporation shall be conducted
nv n board Of five directors who must
be stockholders and who snail hoiu
their office for one year. ana UNI
tho;r successors anf elected and quail
fed: and such din tors shall from
,he,r own number t their hrst meet
ing in each year ect president
vice president. seq etary ana treas.
urer. respectively, of said BOARD q
=,
directors and corporation. Each such
officer shall hold his office for one yea,
and until his successor Is elected ano
qualified Any member Of said board
Of directors may hold one or more
Offices az above indicated. The treas
urer may be required by the board OF
directors, II deemed expedient. to give
a bond in such sum as they may deem
necessary. Said directors shall have
the right and authority to MI any va
cancy in the offices Of said corporation
and elect such other officers ant
agents of said corporation as in thei'
Judgment may be for the best interests
OF said corporation"
Article WI WIS atpcnded by strik
INK out all Of the former Article VIII
and inserting and adopting the follow
ing in lieu thereof:
ARTICLE VIII
The election Of the directors Of this
corporation shall take place at thu
regular annual meeting Of stockholders
which ahall be held at Its office ~
Marsha iI%cySvn Iowa. on the third (3rd,