Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1919-09-24
Astlslss ~ incorporation o. the Con-
Srsi lows Oil a Gas Company.

trot Iowa OIL q 0as Somps"y.
u We, whose names are hereto sub
scrtbed. hereby associate ourselves IN
TO n body corporate under the pro-
visions OF Chapter /. Title lN, of the
Code OF Iowa. and act amendatory
thereof: assuming all the powers,
rights and privileges granted bodies
corporate, and accepting all the duties
and obligations imposed by said chap
ter and title, and do adopt the follow
ing articles OF Incorporation, to-wit:
ARTICLE ].
The name Of this corporation shall
be the Central Iowa Oil g. Gas Com
pany.
ARTICLE II.
It's principal place OF business shall
be at Marshalltown In the county OF
Marshall in the state OF Iowa. Offices
may be established, and business trans
acted. and meetings OF stockholders
and directors held at such offices
within or outside OF the state Of Iowa,
as the bylaws of the corporation
shall provide.
ARTICLE III.
The object and general nature OF
the business OF the corporation Is TO
make contracts; to purchase, lease
option, locate or otherwise acquire,
own, exchange, sell or otherwise dis
pose OF. pledge, MORTGAGE, hy pOtheeato
or deal in mines mining claims min
eral lands, coal lands, oil lands, tim
Der lands, clay lands, water and water
rights, and other property, both real
and personal, and to work, explore
"a daxynInp and 10
deal in the products and by-products
thereof; to purchase, lease or other
wise acquire. erect. own, operate and
sell smelling or other ore reduction
works, oil reflneries, saw-mills, clay
works, power plants, railroads and
tramways to lead from the corpora
lions personal works; to do a general
manufacturing and mercantile bust
ness; to own, cancel and reissue shares
of It's own capital stock, and TO own
and to vote shares Of other corpora
tions: to issue bonds, notes and other
evidences of Indebtedness, and TO- to
secure the payment of the same by
mortgage, deed OF trust, or otherwise;
TO act as agent, trustee, broker, or IN
any other hduciary capacity. and to
borrow and loan money, as may be
necessary or convenient for the proper
conduct Of the affairs OF the corpora
ton.
All conveyances Of real property
made by the corporation shall be
executed by the president, and coun-
tersigned by the secretary, with the
impression OF the corporate seal at
tached; and all releases Of mortgages,
liens, judgments or other claims that
are required by law to be made Of
record may be executed by the presi-
dent, vice president or secretary OF
the corporation
!. ARTICLE ".
The amount Of capital stock au-
thorized is thirty thousand (s3ooo0)
dollars, divided into three million
shares Of one cent each. The corpora
ton may commence business when
stock to the amount Of five hundred
(s5O0) dollars has been paid for and
issued. No stock shall be issued I'M
til the corporation has received pay
ment In full therefor at par in cash or
property; provided. however, that
when stock Is to be issued for any
thing other than money, It must be
subject to the approval Of the execu-
tive council Of the state OF Iowa, as
provided in section 1si1-b Of the
supplement to the code, 1907. and any
amendments thereto. The capital
stock authorized may be increased by
vote Of a majority In interest Of all
of the stockholders, and by adoption
/ OF amendment to these articles. When
! the outstanding capital Is increased.
the additional shares shall be offered
to the existing stockholders proper
tionately to their holdings, at not less
than par.
ARTICLE Y.
The corporate period Of this cor
poration shall begin on the date the
secretary Of state issues the certih-
cate Of incorporation, and shall termi-
nate at the expiration Of twenty (20)
years from said date, unless sooner
dissolved by vote Of a majority in IN
terest Of all the stockholders at any
annual meeting, or at special meet
ing called for that purpose. or by
unanimous consent as provided by
ARTICLE VI.
The affairs Of this corporation shall
be managed by a board Of not less
than three nor more than seven direc-
tors elected from among the stock
holders) who shall elect a president,
vice president, secretary and treasurer,
and such other officers as they may
see fit or as may be provided for by
the bylaws Of this corporation, and
the directors shall adopt bylaws for
the government Of the corporation and
may amend the same. They shall have
power to fill vacancies occurring In
the board from any cause, and to ap-
point from among their number an
executive committee, which. TO the ex-
tent provided by resolution or by the
said bylaws, shall have and exercise
the powers granted the directors by
these articles.
ARTICLE VII.
The annual election OF directors
shall be held on the second Tuesday OF
June OF each year Until the first cleo
ton, the following persons shall be
officers and directors:
Harold v. Pearlman. president and
treasurer.
Aaron Bodenwe,ser. vice president
w. Fred P. Fogg, secretary and
general counsel.
All officers Of this corporation shall
hold office for term of one year or
until their SUCCESSORS are elected and
have qualified. II any director shall
cease to be a stakeholder in this corp
grafton, he shall coincidentiy cease to
be such director. Special meetings of
the stockholders may be called at any
time by the president upon giving ten
u Hayss pofice IN nerson or in writing to