The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-04-03

poraton is to engage generally in
the business Of contracting for con-
struction work OF any and all kinds,
including grading, road bu1idms,
street and highway construction, and
the construction Of works OF internal
TO own, buy, sell and
deal in real and personal property,
construction equipment building ma
terial and live stock: to own and dis
pose Of stocks, bonds or other COZ
porate obligations; to buy and sell
the shares of its own stock and the
stock Of other corporations. For
more complete statement OF the
powers claimed by the company, see
It's Articles of Incorporation as re-
corded in Book No. on page 24S of
the Lee County, Iowa, records at
Keokuk, or as filed with the Secre-
tary of State at Des Moines, Iowa.
(3) The authorized capital stock
of the corporation is Seventy.five
Thousand ($75 ,000.00) Dollars. con-
sisting of seven hundred fifty (750)
shares of the par value Of One Hun
dred ($1000O) Dollars each. The
corporation may commence business
when Twenty Thousand 2O,00O.00)
Dollars OF the capital stock is fully
paid, and the remaining stock may
be issued from time to time as
authorized by the Board Of Directors.
Stock may be paid for in cash or its
equivalent in property as provided by
law.
az The corporate existence be-
gan March II, 1920, with the issrl-
ance of certificate of Incorporation
by the Secretary of State, and its
corporate existence shall continue
for period of twenty (20) years
thereafter.
(5) The corporation shall be man.
aged by a Board of Directors consist.
ing of Ave (5) members of the cor
poration, who shall be elected annu-
ally by the stockholders, and until
the next annual meeting to be held
on the first Monday in February in
1921, the following shall constitute
the Board Of Directors OF the corpor.
alton and those designated as OFF,
GERS: President and Director, Thomas
H. Joyce, Keokuk, Iowa; First Vice
President and Director, James NJ.
Joyce, Keokuk, Iowa; Second Vice
President and Director, Charles B.
Elder, Keokuk, Iowa; Secretary and
Director, James Cameron, Keokuk,
Iowa; Treasurer and Director, George
E. Smith, Keokuk, Iowa.
The directors are to be elected
annually at the annual meeting Ut
the corporation held on the first
Monday In February of each year.
and the officers are to be elected by
the directors at meeting of the
directors held within thirty days
thereafter. A vacancy in any Office
or in the Board Of Directors may be
filled by the remaining directors for
tie remainder Of the term.
co The Indebtedness Of the cor.
poration shall at no time exceed two
thirds of its capital stock.
(7) The officers, directors and
stockholders personally, and the PR.
vate property Of officers, directors
and stockholders shall be exempt
from all liability for corporate in.
debtedness.
For more full and complete
wording of the Articles of Incorpora.
ton, including a full description Of
the powers and purposes of incorpor-
alton, see the record OF said articles
as found in Book No. 5 on page 24S
in the Recorders Office for Lee
County, Iowa, at Keokuk, and the
record in the corporate records in
the office of the Secretary of State
at Des Moines, Iowa.
Dated at Keokuk, Iowa, this Goth
day of March, A. D. 1920
THOMAS H. JOYCE,
JAMES CAMERON,
GEORGE E. SMITH,
incorporates, Cameron-Joyce-Smith-
Elder Company.