Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-04-24
Notice Of incorporation.

Notice Of Incorporation.
Notice is hereby given that a cor
poration has been formed under the
laws of the State of Iowa and the
name of said corporation is the wv.
w. Corporation and it's principal
place of business is in the city Of
Marshalltown. in the county of Mar
shall and state of Iowa.
The general nature Of the busi-
ness to be transacted by said corpor-
alton is the establishment, equip
ment, opening and operating of bak-
cries in various towns and cities Of
the state Of Iowa under the name Of
this corporation used in conjunction
with the trademark name and design
les. The corporation may also ac-
lQuire, buy, own, sell, hold, lease.
mortgage and otherwise deal in real
and personal property necessary in
connection with the carrying on of
said business. 1t may also act as
state agent for the state Of Iowa for
the said Wentworth System Of Bak-
cries In the matter of selling the ma
chinery and equipment manufactured
or supplied by said Wentworth Sys-
tenn Of Bakeries and may do any and
all other things necessary and in
chental to the carrying on Of the
business OF the corporation.
The amount OF the capital q stock
authorized 10 f1fty-thousand dollars
to be divided into shares Of one hun
bred dollars zach. No stock shall be
issued until the corporation has re-
ceived payment in full therefor at
par in cash or property and when
stock Is issued for anything other
than money it must be subject to the
approval Of the executive council Of
tho State OF Iowa as provided by law.
The capital stock authorized may be
increased by q vote OF two-thirds in
interest Of all the stockholders.
The corporation may begin bust
ness when five thousand dollars OF
stock has been issued and fully paid
as provided by law. If the outstand-
ING capital 10 increased the, addition
al shares shall be offered to the ex-
isting stockholders in proportion to
their holdings at not less than par.
This corporation commenced bust
ness on the 5th day Of March 1920,
this being the date Of the certificate
OF authority issued by the Secretary
of State and the existence of the
corporation shall terminate at the ex-
piration Of twenty years unless SOON
er dissolved by three -fourths vote
Of its stockholders at any annual
meeting or at a special meeting call
ed for such purpose or by unanimous
consent, az provided by law.
The affairs Of this corporation
shall be managed by board Of not
less than three or more than seven
directors who shall elect president.
vice president secretary and treas
.ursr and such other officers, includ-
Ing an executive committee, as they,
may see fit or as may be provided
for by the hy-laws Of the corporation.
The annual electiar shall be held on
the first Tuesday after the first Mon
day in July Of each year and until
the first election which shall be held
on the sixth day Of July 1920 the fol-
lowing persons shall be directors. 4
e. L. Wentworth, Minneapolis.
Minnesota.
Y F E. Wright. Minneapolis. Mime
sofa.
c. J. Worrall. Minneapolis, Mime
5 ., =. s,2- q /.
and the following persons shall be
Officers:
President, ID L. wen,worth, Mime
opilis, Minnesota.
Vice President. =. ID. Wright,
Minneapolis, Minnesota.
Secretary and Treasurer, G. J.
worfall Minneapolis, Minnesota.
All officers OF the corporation shall
hold office for tina term OF one year
OF until their SUCCESSORS are elected
and have qualified. Every director
shall be 4 stakeholder and II any d.
rector shall sell or transfer his stock
In this corporation. he shall at once
CEASE 10 h a director. The board of
directors may fill all vacancies oc-
curing IN Its membership between
annual. elections by the appointment
Of qualified persons to hold office for
the remainder OF the term.
Special meetings Of the stockhold-
ers may be called at any time by the
.ident sinnn irving ten days mo-
!tice III person or in writing to the
stockholders and shall be called by
him at any time upon the request Of
stockholders representing one-third
.of the shares Of stock. At all meet
Sings OF the stockholders every stock
holder shall be entitled to one vote
Tor each share OF stock held by him
which vote may be cast in person
or BY written proxy.
The highest amount OF indebted
ness to which this corporation may
~ any time subject itself shall not
Eexceed two-thirds Of It's capital stock.
The private property Of the stock
holders shall be exempt from cor
sp0fat . debts. q, Z MI
zone 81 MARSHALL town, Iowa this
s9lAt ~ " Ol earch 1eso.
Ny Corp tlcn.
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