Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-08-24
NOTICE OF INCORPORATION.
Tho ReifSchneider ReaItv t:on,,,,.

NOTICE. OF INCORPORATION
Tho Reifsohneider Realty Company.
Notice is hereby given that we
whose names are hereunto Subscribed
have associated ourselves as a body
corporate under the provisions of
chapter l, title 9, of the code, of Iowa.
and acts amendatory thereto, and
have adopted articles OF illcorpora-
ton as required by the laws of the
state of Iowa, and certificate OF
authority to do business has been is
sued by the secretary of the state
and notice is given as follows:
l. The name OF the corporation
is THE Reifschneider Realty Com
pany." and its principal place of
business Isl Marshalltown, Iowa, and
1t may engage in business at sucn
other places as the Board Of direct
ors may direct.
2. The general nature Of the BUSH
ness to be transacted by such cor
pcration Is as follows: To buy, own,
sell. rent and exchange real estate;
also to do a general building bust
ness of houses, factories, equipment
and furniture for themselves or
others; also to borrow money, exc
cute notes, debentures and other
evidence Of indebtedness including
loans on real estate; also to ne
gotiate loans and buy and sell notes,
mortgages, debentures, bonds, stocks
or other forms of securities and evil
dence- of indebtedness of this COR
poration and others; also to act as
agent, broker or procurer in procur-
ing, selling and writing all forms of
insurance, including fire. windstorm,
and plate glass; also to engage !, in
general mercantile business at such
place as the board of directors may
see fit, among other things including
coal, coke and all kinds OF building
material used in the building work
herein contemplated; also all powers
necessary and incidental tc, the con-
yenient transaction Of the business
for which this company is organized
3. The amount of capital stock
authorized is s25o,Ooo.oo divided into
shares of $4,000 each and further
divided into 1880 shares common
and 1850 shares preferred stock
and the holders OF the preferred
stock shall have no vote Mt stock
holders meetings. The corporation
may ycomence business when 100000
in stock has been issued and GER
tifieate of authority has been issued
by the secretary of state and such
certificate was issued on the 21st
day Of July A. D.. 1920. and continue
thereafter for period cf twenty
years. Stock shall be issued only for
cash or for property subject to the
approval of the executive council of
Iowa.
4. The affairs of the corporation
shall be conducted by board of not
less than five nor more than seven
directors to be elected annually by
majority of the holders Of the COM
mon stock and the board may at any
time select from their own number
an executive board or committee
consisting of the president and not
less than one nor more than five
members, which board shall have
full charge OF the corporation sub
ject to the approval Of the board of
the board of directors may also select
such other officers, agents and en-
ployes as the convenient transaction.
OF its business may y require. The
officers Of the corporation shall be
president. vice president, secretary
and treasurer and no individual shall
hold more than two such offices and
all officers shall be selected from the
board OF directors by the holders of
the common stock at their regular
annual meeting to be held on the first
Tuesday of January in each year or
at a special meeting called for that
purpose. Until the first annual
meeting held in 1871. the following
shall be directors. E H Reif-
schneider, L. R. Maytag Chas. F..
Johnson, w. H. Often, D. G. Maytag,
L. n. Block, Florence A. Johnson,
and the following shall be officers:
E. H. Reifchneider, president; L. R.
Maytag, vice president; Chas. f..
johnson, secretary and treasurer.
S. The highest amount of indebt-
edness to which this corporation may
subject itself shall not exceed two
thirds Of its paid up capital stock,
but it may issue its bonds and
those securities including debentures
as provided in section 1911 Of the
code of Iowa and in amendments
thereto.
8. The private property of the
stockholders shall be exempt from
corporate debts and this section can
not be amended.
Witness our hands this It'll day OF
August A. D., 1920.
The Reifschneider Realty Company.
By L. r. Maytag,
Vice president.
and Chas. T. Johnson,
Secretary and Treasurer.
Holt s. sAllbee,
Attorneys