Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1921-05-18

or until their successors are elected,
and have qualified. Every director shall
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 occurring IN its
membership between annual elections
by the appointment of qualified per-
sons to hold office for the remainder
Of the term. Special meetings OF the
stockholders may be called at any
time by the president giving ten days
notice in person or in writing to the.
stockholders and shall be called by him
at any time upon request of stock
holders representing ten shares OF
refusal to call a meeting, the parties
owning stock to the amount Of ten
shares may join in call of the stock
holders. which meeting shall be the
dent. At ali meetings Of the stock
holders each stakeholder shall be en-.
titled to one vote for each share of
stock held by,him; which vote he may
cast in person or by written proxy.
ARTICLE VIII
The highest amount of indebtedness
to which this corporation may at any
time subject itself shall not exceed two
thirds of its paid-up and outstanding
ARTICLE TX,
The private. property of the stock
holders shall be exempt from payment
Of corporate debts or for any cor.
and in the manner provided by the
laws Of the State of Iowa.
ARTICLE x
The corporation may make and alter
bylaws at pleasure and may author
ize the board of directors to do so,
subject to such restrictions as may be
deemed advisable. The corporation has
no seal.
Amendments to these articles may be
made at any annual meeting of the
stockholders, or at special meeting
called for that purpose. two-thirds of
all stockholders in interest voting for
such amendment. except article tx,
cannot be amended or annulled with
out unanimous affirmative vote of all
stockholders and stock.
L. Matthews. G. ]. Hockaday, w. NJ
Wolcott, Fred H. Munson. Burton
Clark, A. M. Cloud, J. T. Burbridge,
Grant Brayton, F. E. Dutton, w. w.
state OF Iowa. Delaware County. N.
BE 1T REMEMBERED, That on this
7th day of March, 1921, before me a
Notary Public in and for said county
Matthews, c. j. Hockaday. w. N. VOL
colt, Fred III. Munson. Burton Clark,
A. M. Cloud, ]. ]. Burbridge, F. r.
Dutton and w. w. Matthews said
| to be the identical persons whose
names are subscribed to the foregoing
Articles of Incorporation, and each for
himself acknowledged the same to be
his free and voluntary act and deed
for the uses and purposes therein ex-
pressed.
Witness my hand and notarial seal
at Manchester in the county of Della
ware, State of Iowa, the day and year
STELLA T. MUTscHLER
Notary Public
State of Iowa. Delaware County, 81.
BE 1T REMEMBERED. That on this
14th day of March, 1921. before me. a
Notary Public in and for said County
and State, personally appeared Grant
Brayton, personally known to me to
be the identical person whose name
is subscribed to the foregoing Article
of Incorporation, and acknowledged the
same to be his free and voluntary act
and deed for the uses and purposes
therein expressed.
Witness my hand and notarial seal
at Manchester in the County of Della
ware, State of Iowa, the day and year
last above written.
STELLA T. MUTSCHLER,
Notary Public.
19-4w.