Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-04-10
Notice Of incorporation.

NOtlCe Is iieTepy GIVEN tnat u 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 its 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 tslsi-
ness to be transacted by said corpor-
alton is the establishment. equip
meut, opening and operating of bak-
cries I'm various towns and cities Of
the state of Iowa under the name Of
this corporation used in conjunction
with the trademark name and design
of the Wentworth System Of Baker
les. The corporation may also ac-
quire. 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
cdental to the carrying on of the
business OF the corporation.
The amount of the capital stock
authorized Is fifty-thousand dollars
TO be divided into shares of one hum
dred dollars each. No stock shall be
issued until the corporation has re-
cat IVA MT in, f,,I
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
tine State OF Iowa as provided by law.
The capital stock authorized may be
increased by vote of twO-thirds in
interest of all the stockholders.
The corporation may begin busi-
ness when five thousand dollars Of
stock has been issued and fully paid
as provided by law. If the outstand-
al shares shall be offered to the ex-
listing stockholders in proportion to
their holdings at not less than par
This corporation commenced busi-
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 a three -fourths vote
Of It's stockholders at any annual
meeting or at special meeting call
ed for such purpose or by unanimous
IL ID -.
The affairs Of this corporation
shall be managed by a board Of not
less than three or more than seven
directors who shall elect president,
vice. president, secretary and treas
urer and such other officers, includ-
ing an executive committee, as they
may see fit or as may be provided
for by the bylaws of the corporation.
The annual election 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.
e. l.. Wentworth. Minneapolis.
Minnesota.
F. e. Wright, Minneapolis, Mime
sofa.
c. J. worrall, Minneapolis. Mime
and the following persons shall be
officers:
President. E. L. Wentworth. Mime
opilis, Minnesota.
Vice President. F. E. Wright
Minneapolis. Minnesota.
Secretary and Treasurer. c. J.
Worrall. Minneapolis. Minnesota.
All officers Of the corporation shall
hold office for the term of one year
or until their successors are elected
and have qualified. Every director
shall be a stockholder and II any d.
rector shall sell or transfer his stock
in this corporation he shall at once
cease to be director. The board Of
directors may fill all vacancies &C.
curing in It's 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
president upon giving ten days no.
tice in 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
ings OF the stockholders every stock
holder shall be entitled to one vote
for each share OF stock held by him
which vote may Be cast in person
or py written prvAy. s,
The highest amount of indebted
ness to which this corporation may
at any time subject itself shall not
exceed two thirds Of it's capital stock.
The private property Of the stock
holders shall be exempt from cor
porate debts. 3s
Done at Marshalltown, Iowa, this
3lst day Of March 1920.
Tho w. W. Corporation.
BY C. J. Worrall. Secretary
and Treasurer.