Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-12-11
INCORPORATION.
ARTICLES OF INCORPORATION.
ARTICLE 1.

The name of this corporation shall be the Crook
ston Water Power Company, and its object and the
general nature of its business Is the surveying oca
ting, building, constructing and maintaining dam
or dams on Red Lake River, and of canal or race
from the same, wherein mills and manufactures can
be erected for the purpose of utilizing the power
created by such dam and race, races within the
limits of the City of Crookston, in the county of
Polk. and State OF Minnesota, to buy lease hold and
sell real estate and other property, may be neoes-
sary to the successful carrying of said water; and
to rent the same, together with such water power
any portion thereof and to do any and all such other
business in and about the said business of creating
and furnishing water power, booming of logs and
the erection of mills within the limits aforesaid, as
shall be for the best interests of this corporation.
Such dam dams, races, shall be located at
such place or places within said city majority of
the directors of such corporation shall direct.
ARTICLE II.
The time of commencement of such corporation
shall be the twenty fourth day of December, 1880,
and the period for the continuance of the same shall
be fifty years.
ARTICLE III.
The principal place of transactng the business of
said corporation shall be the city of Crookston the
county OF Polk and State CT Minnesota.
ARTICLE ".
The amount Of capital stock of said corporation
shall be seventy five thousand dollars which shall be
paid In such instalments as the board of directors
shall from time to time determine: no instalment TO
exceed ten per centum, nor shall assessments there
for be made oftener than once in thirty days.
ARTICLE v.
The highest amount of indebtedness or liability to
which said corporation shall at any time be subject
is nifty thousand dollars.
ARTICLE VI.
The names and places of residence of the persons
forming this association for incorporation Frank
Ives, Morris r. Brown, Samuel W. Ritchie 8. r
Norris, John Friedrich, Nathan P. Stone A. @. Cow
ing, VIM. Anglim, Joseph Lawrence and Carl Kretz
SEMINAR, all of the city of Crookston, Polk county,
Minnesota.
ARTICLE VII.
The names Of the first board OF directors of such
corporation are Frank ives, Morris r. Brown, Sam
ue W. Richie, s. R. Norris, John Friedrich, N. P
stone, A. @. Cowing, VIM. Angliin, Joseph Law
renee and Carl Kretzschmar
ARTICLE VIII.
The government of this corporation and the man
agemen of its affairs shall be vested in the board Of
directors to consist of not less than seven nor
than eleven in number, who shall be elected by bal
lot by the stockholders annually on the first Monday
IN June; and president vice president, secretary
and treasurer shall be elected annually within thirty
days after the election of directors by the board
directors. Provided, that for the purposes Of thu
hrst organization of such board, such officers shall
be elected by the present board of directors on thu
oath day of December, 1880.
ARTICLE TX.
The nu1Eoer of shares and the amount of escn O.
the capital stock of such corporation snail be sever
hundred and fifty shares Of one hundred dollar
each.
In testimony whereof We have hereunto set Gu
hands and seals this Sd dag of December, in the yea
1880.
In presence Of
John Mclean,
Robert Houston.
FRANK IVES, [Seal.
JOHN FRIEDRICH, Seal
SHERMAN r. NORRIS, lSeal. I
JOS. LAWRENCE. Seal.
CARL KRETZSOHMAR, [Seal.
NATHAN P. STONE, [Seal
A. G. COWING, Seal
! MORRIS R. BROWN, Seal
WILLIAM ANGLIM, Seal.
s. W. RITCHIE Seal.
STATE OF MINNESOTA, a.
COUNTY OF POLK. S''
Be it known, that on this Sd day of December 1881
| personally appeared before the undersigned, nc
Frank Ives. Morris r. Brown, Samuel " Ritchie s
r. Norris, John Friedrich, N. Stone, A. G. Gov
ing, VIM. Anglinl, Joseph Lawrence and Carl Krefz
SEMINAR, to me known to be the identical persons VIII
signed and sealed the foregoing instrument and eac
acknowledged that he executed the same for the pun
| poses there expressed. JOHN MCLEAN,
| 34S-349 Notary Public, Polk Co., MINI.
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