Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1885-08-14
Articles Of Incorporation
or THE -
LITTLE FALLS LIVE
STOCK COMPANY.

Know All men by these presents that we the
undersigned Henry P. Bicknell and Charles l..
Foss. both Of st. Paul Minnesota, and l.. C.
stmasns Of Little Falls, Minnesla, have
sether for the purpose of becoming incorporat-
ed underand pursuant to the laws OF the State
Of Minnesota, and to that end we do hereby
adopt and sign the following Articles Of Incor-
pordtion, viz: So
FIRST. The narna of the corporation hereby
formed shall be t'The Little Falls live Stock
Company" and the general nature Of Its bust
meas shall be buying, selling. and dealing in
goods, wares and merchandise and buying,
sock and all kinds and varieties Of grain, farm
and dairy produce and to this end said corpor-
alton shall have power TO require, bold and
property rs may be desirable OF convenient for
Its business aforesaid and to buy and sell real
estate -.
'neaa ofsafd corporation shall be Little Falls,
Minnesota. -
SECOND. The time Of the commencement of
said corporation shall he the Goth day of ,Tu}v,
4. D. 1855, and the period Of its continuance
shall bethe term often, nO years. =
THIRD. The amount Of the capital stock of
lars and shall be. divided into four hundred
600 shares Of fty($i0) dollars each and sal b.
Paid IN. as the stock is subscribed for and taken
aad when all the stock is paid for the corpora
before. ~ -, :
FOURTH: The highest amount of indebted
ness or liability which said cerporatios shall at
any time be subject to shall ba five thousand
dollars (s5,eo000,. ~.
FIFTH. The names and places Of residence
corporation are Henry p. fieknell and CHARLES
!: Foss of sAint Paul, Minnesota, and L. C..
Simmons Of Little Fails. Minnesota 4
SIXTH. The government Of said corporation
and the management OF it's affairs shall be
vested in board Of three 81 directors all Of
which shall be elected from and by the stock
holders at the annual meeting thereof to be
held ~ herein provided, and the said directors
Immediately after their election shall organize
and elect from their number a president. score
tary and treasurer who shall hold their offices
for such term and perform such duties as shall
be prescribed by the bylaws, and the offices Of
president and treasurer may be filled BY the
Each director Of said corporation shall hold
h1S office until the next annual stock holders
meeting following his election and until his
.uecs:sor y elected and lifted, provided that
any vacancy In the board Of directors may be
filed by the vote Of the holders Of majority Of
tho stock Of said corporation at any special
poee in the manner prescribed BY the bylaws
Tho annual stock holders Yneeting Of said
corporation for the election OF a board Of d.
rectors and the transaction Of such other bust
W~1S - may COiAC JCsOIS ~ sllHl lSCIN ~ WAC
Banking house ofW. A. Culbertson in st. Paul,
Minnesota, on the 2nd day of February in each
year and special meetings of the stock holders
shall be ct such times and under such rules
and regulations as to uctice or otherwise as
may be prescribed by the bylaws, and ut such
meetings stock holders may be represented and
vote 81 proxy Only appointed. aud at each
Atock hol1ers meeting each stock holder shall
be entitled 70 one vote. the majority OF the
stsckholders shall constitute quorum At snct,
1aeetings for the transaction Of business. The
duties and compensation Of the officers Of the
corporation shall be fixed by the bylaws. The
bylaws Of Aid corporation shall be adopted at
.%ho hrst annual meeting Of the stockholders and
shall Exchanged, altered or amended only Al
an annual meeting Of the stock holders or q
specialmeeting called for that purpose. :, But
the arst board Of directors may adopt bylaws
which shall remain In force until the next an.
nuHl meeting Of the,stock holders. iy:-#s Z
The names Of the first beard Of directors shall
be ". A. Culbertscn. III: r. RAskneM and G. 4
Foes ofWhMm H. r. Bicknell shall lie President
and Treasurer, and G. i. Foss, Secretary and thsy
shall hold their Offices until their successors
Are elected ana qualified. ~ =
3 II witness whereof the above named incor
/. porators have hsreunto IT their hands ant
4 1aals this 18th day Of july, a. .. 1885.
E5 n. P. BICKNELL, IssAL
+ b zs4g2 C. L.sEOSS, ISEAL
&C. SIMMONS, 1sEAL
in provence Of 81 5tst