Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1919-09-22
+ Articles OF incorporation Of Marshali'
town Laboratories.


q body corporate under, tho provisions
of Chapter |, Title IX., of the Code OF
Iowa, and acts amcndatory thereto, as
sumo all powers. rights and privileges
granted bodies corporate under said
chapter and title, and do hereby adopt
the following articles OF Incorporation:
ARTICLE1.
The name of this corporation shall
be "Marshalltown Laboratoriea.'
ARTICLE II.
Its principal place Of business shall
be In the city OF Marshalltown, county
Of Marshall and state of Iowa, 1t may
establish branch offices and plants In
any other city or town in the United
States or foreign countries.
ARTICLE III.
The object of this corporation is to
manufacture, buy, sell, import. export,
and deal In surgical supplies. water
proof cloth, waterproof bags and wrap
ping materials, chemicals and drugs
of all kinds; anaIyze and refine all
kinds of chemicals, drugs and prepara-
tons thereof; to conduct the business
of manufacturers and dealers In chem
icals. drugs. medicines, compounds,
druggists sundries, chemical. surgical
supplies, surgical and scientific appar-
atus machinery and mechanical de-
vices; to invent, devise, purchase, ac-
quire and use secret processes, ana
processes protected by patents and
trade marks; and to apply for. register,
purchase and procure patents and
trade marks, granting exclusive rights
60 make, vend sell and use compounds,
preparations, medicines, drugs ana
chemical compositions.
To buy, lease. erect and acquire. hold.
own and manage real estate and build
ings for manufactures and ware
houses: to deal in stocks, bonds and
other securities; to do any and all
things set forth in this certificate as
objects. purposes. powers or otherwise
TO the same extent and as fully as nat
uraI persons might do and in any part
Of the world.
All transfers Of real estate, bonds,
stocks. releases of mortgages, liens,
judgments, contracts or other instru-
ments binding the corporation or 9TH
err claims to be made of record, shall
be authorized by the board of direc-
tors and be executed by the president
or vice president, and secretary Of the
corporation with its corporate seal.
ARTICLE ".
The corporate period Of this corpor-
action shall begin on the date Of the is
suance Of It's certificate Of incorpora-
ton by the secretary Of the state OF
Iowa. and shall terminate at the ex-
piration of twenty (2o) years from said
date unless sooner dissolved by a two
thirds vote of the capital stock then
outstanding at any annual meeting or
any special meeting properly called for
that purpose Said corporation may be
removed as provided by law.
ARTICLE v.
TIL eauthorized capital stock Of this
corporation to be twenty-five thousand
(sa5 00e.oO) dollars divided into two
hundred and fifty shares at the par
value of one hundred dollars each.
OF such total authorized capital stock
ore hundred and twenty-five shares
shall be participating perferred stock.
and one hundred and twenty-five
shares shall be common stock. No
stock shall be issued until the corpor-
alton has received payment therefor in
cash or property. This corporation
may commence DuSIIIcSS d.j 5OOl do 49,
ty shares have been issued.
ARTICLE vi.
The affairs of this corporation shall
be managed by board of three direc-
tors who shall elect president, vice
president, secretary and treasurer, and
such other officers as may be requir-
ed as provided in the bylaws Of the
corporation.
The annual meeting Of the common
stockholders shall be held at the office
of the corporation in the city of Mar
sbalitown Iowa, on the second Tuesday
in January and until the first annual
election, which shall be held On the
second Tuesday Of January, 1920, the
following named persons shall be the
directors of the corporation: Ray F.
Mcclure H. w. Haywood and A. r.
Cooper, and the following named per-
sons shall be officers: Ray F. Nc
CURE, president; A. r. Cooper, vice
president; H. w. Haywood. secretary
and treasurer.
All officers of the corporation shall
holt office for the term of one year, or
until their successors are elected and
qualified. Each director shall be q
COINI1OT StOChilOlOSly oiu IL e1Ay uhSS
tor shall sell or transfer his stock In
this corporation he shall at once cease
to be director.
The board of directors may I'LL va
cancies occurring in its membership
between annual meetings Of the stock
holders by appointing qualified per-
sons to hold office for the remainder
of the term.
Special meetings Of the common
stockholders may be called at any time
by the president, giving ten (10) days
notice in person or in writing address,
ed to the last known address Of the
stockholders, and shall be called by
him at any time upon request Of one
tenth Of the common capital stock Is
sued and outstanding, and in case OF
his neglect or refusal. the parties rep
resenting one-tenth of the common
stock issued and outstanding may join
in q call Of the common stockholders
which meeting shall be lawful and
valid.
Stockholders shall be entitled to one
vote for each share Of common stock
held by them. A stakeholder may cast
his vote In person or by proxy; writ
ten proxies must, to be valid, be filed
with the secretary at least thirty days
and not; more than sixty days before
regular or special meeting OF the
stockholders. at which time they are
to be used. They shall become In
valid after thirty days from the date
OF such meeting.
The corporation shall have lien
upon the stock OF any Of the stockhold-
ers for any debt to the corporation,
and in case the stakeholder u in debt