Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-12-02
Noslcs Of incorporation.

Notice Of incorporation.
Notice IL hereby given that Nthe
undersigned have associated them
selves together as a body corporate
under the provisions Of Chapter I.
Title 3, OF the code of Iowa, and acts
amendatory thereto and have adopted
articles Of Incorporation providing. as
follows: b.s,
4. The name Of this corporation
shall be the Nickel Music Company"
and its principal place of business
shall be at Marshalltown, Marshall
county, Iowa.
q. The object of the corporation is
music, such other articles of goods.
wares and merchandise usually con-
nected Herewith, and selling same at
wholesale or retail, and such other
lines as may from time to time be de-
termined upon by the board Of di-
rectors.
The corporation shall have the
right to buy, hold, sell and convey
personal property and such real es-
tate, as may be necessary or con-
venient for the proper conduct of the
affairs Of the corporation.
g. The amount of capital stock
authorized is fifteen thousand ($15,-
000.00) dollars, divided into shares of
ssone hundred dollars each. No stock
shall be issued until the corpora
, ton has received payment In full
therefor at, par in cash or property:
provided, however, that when stock
is to be issued for anything other
than money. it must be upon proper
!, action by the officers or directors and
subject to the approval of the ex-
ecutive council Of Iowa, as provided
In section 1641-b of the supplement
to the code, 1907. and any amend
ments thereto.
I. The corporate life Of tiz1s oorpor-
alton shall begin on ne date Of
the issuance OF its certificate Of in-
corporation by the secretary OF
state OF Iowa, and when five thou
sand dollars OF stock has been; Is
sued. and shall terminate on the ex-
piration Of twenty years from the
date Of said certificate unless sooner
dissolved by three fourths vote of
the stockholders.
:. The affairs Of this corporation
shall Be managed by board Of three
directors. who shall electJa presi-
dent. vice president. secretary and
treasurer and such other officers, in
Guiding aIl executive committee, as
they may SEQ At or as may be pro-
vided Tor by the bylaws Of this cor
poration.
Z. Tho annual election shall be held
on tho third Tuesday In January of
each year. Until the first election,
which shall be held on the third
Tuesday Ia January. 1921. the follow
ing persons shall be directors: A. e.
Nickel. John A.. Cobb and D. Miller
White. all of Narshalltown, Iowa, and
tho following persons shall be Off,
GERS, President A. ID. Nickel; vice
president John A. Cobb: secretary
and trsasurer, .. Miller White. all of
Marshalltown. iowa.
Nj officers Of this corporation, shall
hold office for the term OF one year
or until their Successors are elected.
and have qualified. Every director
shall b Q stockholder. and If any d.
rector shall sell or transfer his stock
in this corporation he shall at once
cease to be Q director. Tho board Of
directors may I'LL all vacancies oc-i
curing In It's membership between
annual elections by the appointment
OF qualified parsons to hold Office for
the remainder Of term. At all meet
ings Of the stockholders each stock
holder shall be entitled. to one vote
for each share Of stock held by him,
which vote he may cast in person or
by written proxy.
Z. The highest amount Of Indebted
ness to which this corporation may at
any time subject itself shall not ex-
coed two thirds Of its paid-up and
outstanding capital stock.
8. The private property Of the
stockholders shall be exempt from
corporate liability except to the ex-
tent and In the manner provided by
the laws of the state OF Iowa.
8. Amendments to these articles may
be made at any annual meeting of the
stockholders. or at a special meeting
called Tor that purpose, two thirds Of
all stockholders in interest voting for
such amendments. Nickel Music
Company. q. w. Lawrence, attorney