Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-11-11
OFFICIAL PUBLICATION.

fTf1e-f ~ -
OFFICIAL PUBLICATION.
ynswal Amended and Substituted
Articles Of incorporation of the
MarshaIltown State Bank, Of Mar
lhalltown, Iowa.
lrticle I. Name and Place of Bust
s.-The name of the corporation
II be "Marshalltown State Bank"
its place of business shall be IN
city of Marshalltown, county OF
"a shall and state of Iowa.
fttcle II. Business.-The general
ire Of the business to be trans
d by this corporation shall be
of a state bank, conducted under
provisions of chapters II, IL and
A of title TX. of the code Of Iowa
] acts Of the legislature amenda-
y thereto; and this corporation
,.reby assumes and takes to itself
and singular the powers conferred
pom state banks by the laws of Iowa
nd accepts all the duties and obliga-
ms imposed thereby.
Article III. Capital Stock.-The
JtaI stock of this corporation shall
one hundred thousand dollars
ST 0,00000), and shall be divided
u shares Of one hundred dollars
).00) each. and shall be fully paid
re the corporation begins the
faction Of its business.
"a 1 fcie w. Duration.-The corpo-
period Of this corporation will
on the 26th day of June. 1920,
Is hereby extended, under this
val for further period of twenty
!; and the corporation may con-
Ia the transaction Of business
n a certificate of the superln-
dent of banking shall have been
Il ded authorizing it to do so.
4 article v. Board of Directors and
- ficers.-Section !. The affairs of
Ishis corporation shall be conducted
Sand managed by q board of seven
Edirectors. who shall be elected from
xthe shareholders at the annual meet
Ing Of the corporation and shall hold
Eice for the term of one year or
TIL their successors are elected and
lalffied and have accepted office.
Section 2. Any vacancy in the
board of directors shall be filled by
the remaining members of the board
hnd the persons so appointed shall
hold office until the next annual
meeting Of the stockholders.
Section 8. The board of directors
shall elect q president and one or
more vice. presidents from it's mem
bers and shall also elect a. cashier
from the stockholders, who> may or
may not be member of the board of
directors, and who shall also act as
secretary of the corporation. 1t may
also elect and employ such other Off
fcers and clerks as may be necessary
In the transaction of its business, and
shall fix the compensation of all Off
GERS and employees.
Article VI. Annual and Special
Meetings of ockholders.-Section l.
EThnannual meeting of the stockhold-
hall be held at the office of the
Eation on the second Tuesday in
SEmber OF each year, beginning
4nh the year 1920, fat which time the
tcclkholders shall elect a board of
lftectors and transact such other
Efdness as may lawfully come before
Am.
3ection .. Special meetings of the
iot0ckholders may be called by the
resident. vice. president, or by ma
brity Of the members of the board OF
directors, or ~ the holder or hold
Yrs OF . majority Of the stock of the
Corporation. Ten (10) days notice OF
1.-THE time and place of such meeting,
except where otherwise provided by
Law, shall be given by the cashier, or
fAo.-person or persons calling such
special meeting. by mailing notice In
writing to each stakeholder, directed
Ito his address as shown upon the
Ebooks Of the corporation, Which notice
shall state the object Of the meeting,
and no business other than that
named in the notice shall be trans
iaeted at such a special meeting, un-
less all Of, the stock Of the corpora
-tion shall be represented, and no OBJ
Election shall be made by any stock /
holder to the transaction of business |
Dthec than that named in the notice.
ENotice of special business to be trans |
acted at the annual meeting of the I
stockholders shall be given in the
manner and for the time prescribed I
iby law and these articles Of incorpoa
ration for special meetings.
tSec. 8. The voting at all stock
DANS meetings shall be by ballot,
aE Ech share of stock represented |
holder thereof or by his prox.r
sYA uthorized in writing, shall be
~ to one vote.
.le VII. Provisional directors.
ite first annual meeting of the
ockfolders, ere following named
persons shall be the directors of the
corporation:
f G. E. Arney. postoffice address,
Albion, Iowa; a. r. Balch. postoftlce
address, Marshalltown, Iowa; j: >.
Elassen, postoffice address, Marshall
town, Iowa; W. A. Davis, postofi1ce
address, Marshalltown, Iowa; w. G.
Stricken. postoffice address, Mar
jshaltown. Iowa; c. c. Urine, post
hffice address, Marshalltown. Iowa:
b. A. Turner, postoffice address,
Marshalltown, Iowa.
i Article VIII. Annual meeting OF
aoaed Of directors.
! The annual meeting of the board
bf directors shall be held on the
fourteenth day Of December, 1920,
and Immediately following the adj
journment OF the annual meeting OF
the. stockholders, at which time it
shall elect q president, vice president
and cashier, and pnay elect or en-
sploy such other officers, clerks. or
employees as shall be deemed neces-
sary for the transaction of the bust
ness Of the corporation. Until the
first annual meeting Of the board OF
the following named per-
sons shall be, the officers of the cor
poration:
President. A. F.. Balch, postoffice
address MarshaIltoWn, Iowa; vice