Evening times-Republican., 1920-11-04
OFFICIAL PUBLICATION.
Renewal Amended and Substituted
Articles Of Incorporation Of the
Marshalltown State Bank, of Mar
shalltoWn, Iowa.

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shalltown, Iowa.
ness.-The name OF the corporation
shall be "Marshalltown State Bank" !"
and it's place of business shall be in
the city of Marshalltown, county Of
Marshall and state of Iowa.
Article II. Business.-The general
nature of the business to be trans
acted by this corporation shall be
that of state bank, conducted under
the provisions of chapters II, II and
ia of title IX of the code of Iowa
and acts of sthe legislature amenda-
tory thereto; and this corporation
hereby assumes and takes to itself
all and singular the powers conferred
upon state banks by the laws Of Iowa
and accepts all the duties and oblisa-
tiohs imposed thereby.
Article III. Capital Stock.-The
capital stock of this corporation shall
G be one hundred thousand dollars
i B($100, ,000.00), and shall be divided
into shares OF one hundred dollars
>($100.00) each, and shall be fully paid
before the corporation begins the
transaction of it's business.
Article ". Duration.--The corpo-
rate period of this corporation will
expire on the 26th day Of June, 1920,
and Is hereby extended. under this
renewal for q further period of twenty
years; and the corporation may con-
tinue the transaction Of business
when certificate of the superin-
tendent Of banking shall have been
3 - I. - Io
Article ". Board Of Directors and
Officers.-Section /. The affairs Of
this corporation shall be conducted
and managed by board of seven
directors. who shall be elected from
the shareholders at the annual meet
ing of the corporation and shall hold
office for the term of one year or
until their successors are elected and
qualified and have accepted office.
Section 2. Any vacancy in the
board of directors shall be filled by
the remaining members of the board
and the persons so appointed shail
hold office until the next annual
meeting of the stockholders.
Section 8. The board of directors
shall elect president and one or
bers and shall also elect a cashier
from the stockholders, who may or
may not be a 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
GERS and clerks as may be necessary
in the transaction of it's business. and
shall fix the compensation of all Off
GERS and employees.
Article VI. Annual and Special
Meetings of Stockholders. rs.-Section l..
The annual meeting of the stockhold-
ers shall be held at the office of the
corporation on the second Tuesday in
December of each year. beginning
with the year 1920, at which time the
stockholders shall elect a board OF
directors and transact such other
business as may lawfully come before
them.
Section 2. Special meetings of the
stockholders may be called by the
president, vice president or by a ma
jority of the members of the board OF
directors, or by the holder or hold
ers Of a majority of the stock OF the
Ten (10) days notice OF
the time and place OF such meeting,
except where otherwise provided by
law, shall be given by the cashier, or
the person or persons calling such
special meeting, by mailing notice In
writing to each stockholder, directed
to his address as shown upon the
books of the corporation, which notlce
shall state the object of the meeting.
and no business other than that
named in the notice shall be trans
acted at such special meeting, un-
less all of the stock Of the corpora
ton shall be represented, and no op-
.iection shall be made by any stock
holder to the transaction of business
other than that named in the notice.
Notice of special business to be trans
acted at the annual meeting OF the
stockholders shall be given in the
manner and for the time prescribed
by law and these articles OF lncorpo-
ration for special meetings.
Sec. 3. The voting at all stock
holders meetings/shall be by ballot.
and each share Of stock represented
sby the holder thereof or by his proxy
duly authorized in writing, shall De
entitled to one vote.
Article VII Provisional directors.
Until tie first annual meeting OF the
stockholders, the following named
nersons shall be the directors Of the
corporation:
C. E. Arney. postofhce aodress'
Albion, Iowa; A. f. Balch. postofnce
address, Marshalltown, Iowa; j. g.
Classen, postoffice address, Marshall
town. Iowa; w. A. Davis, postofnce
address. Marshalltown, Iowa; w. u.
strickler, postoffice address, Mar
shaltown, Iowa; c. G. Trine. post
office address, MarshalltoWn, Iowa.
g, A. Turner, postoff1ce ADDRESS,
Marshalltown, Iowa.
Article VIII. Annual meeting OF
board of directors.
The annual meeting Of the board
of directors shall be held on the,
fourteenth day of December, 1929.
and Immediately following the adj
journment of the annual meeting OF
the stockholders, at which time II
shall elect a president, vice president
and cashier, and may elect or en-
pIoy such other officers, clerks, or
employees as shall be deemed neces-
sary for the transaction of the busi-
ness of the corporation. Until the
first annual meeting Of the board of
directorsfi the following named per-
sons shall be the officers of the cor
poration:
President, A. F. Balch, postoffice
address, Marshalltown, Iowa; vice
president, G. A. Turner, postoffice
address, Marshalltown, Iowa; cashier
G. c. Trine, postoffice address Mar
shailtoWn, Iowa; assistant cashier,
II. w. Jennings, postoffice address,
Marshalltown, Iowa.
Article tx. Execution and ack-