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Newspaper
Monticello Express
Location
Monticello, Iowa, United States of America
Date
Jun 05, 1947
Page
8
Mr and Mrs Joe Messerli Mr and Mrs Robert Hasler and son Danny Mrs James Hasler and sons Lester and Bobbie and daughter Martha Mae attended the Faust reunion at Denver Iowa on Sunday.
The document forms Schuetz Motors Inc a Jones County Iowa corporation under Chapter 384. It lists the principal office in Monticello and outlines broad business powers including automobile sales repair and accessory operations, real estate dealings, financing, bonds and manufacturing.
The document outlines corporate articles for a Monticello, Iowa company with a two to three member board, a president, vice president, secretary, and no treasurer. It sets capital stock at ten thousand dollars, issuance rules, and a twenty year term with provisions for renewal. Officers and directors are named for the initial term with dates and addresses.
The document outlines officers and directors serving one year terms with stock ownership required for directorship. Vacancies may be filled by the board. Special stockholder meetings require proper notice and majority stock ownership for triggering calls. Each share equals one vote. Provisions limit corporate liability and allow by laws. amendments need two thirds stockholder vote. Dated January 23 1257.
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