Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1885-07-31
Articles A / / OF IN /! 60 ton
OF THE s.@.
LITTLE FALLS We
STOCK COMPANY.

Know ell men BY these presents TINT we the
undersigned Henry p. Bicknell and Charles L..
Fass, both OF ST. Paul. Minnesota, and T.. C.
Simmons Of Little Falls, Minnesota, have
agreed TO and do hereby associate ourselves to-
ed under and pursuant to the laws 81 The, State
Of Minnesota, and to that end we do hereby
adopt and sign the following Articles Of Incor-
poration, viz: sIy% = y 5&
FIpsr. The name of the corporation hereby
formed shall DO 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,
selling, dealing in, breeding and raising live
and dairy produce and to this end said corpor.
| alton shall have power to acquire, hold and
dispose of such fern and other lands and real
property as may be desirable or CONVENE nt for
estate. s@lt ,nS=g5Is tsa,&&&& @<5S.. ;. 49,
The principal place for transscting the bust
ness OF said corporation SHALL be Little Falls,
Minnesota. :: J sfs5I. Es#54 Ss ESt " ST. -
SECOND The time Of the commencement of
said corporation shall be the goth day of July,
a. D. 1885. and the period Of its continuance
Shall be the term of ten 40 years
THIRD. The amount OF the capital stock Of
said corporation shah be twenty thousand dol
lars and shall be divided into four hundred
paid il, as the stock IS subscribed for and taken
and when all the stock is paid for the corpora
| ton may proceed to transact business and not
before.
FOURTH. The highest amount Of Indebted
ness or liability which said corporation shall at
any TIME be subject to shall be five tlousa nd
dollars fs5,o0o0o). ~. "a d
FIFTH. The names ant places. Of residence
of the persons farming said association tor in
corporation are Henry p Bicknell and Charles
L: toss OF Saint Paul, Minnesota, and Il. C.
Simmons of Little Falls Minnesota
IN ~ n
ana the management of its affairs shall be
vested IN board Of three g. directors all Of
which shall be elected from and by the stool;
| ho,ders, at the annual meeting thereof to be
Immediately after their election shall organize
and elect from their number a president, secre-
tary ana treasurer who shall hold their Offices
Tor such term and perform such duties as shalt
DC prescribed by the bylaws, aud the Offices of
president and treasurer may be filled by the
| same person. ii - ';f#|
Each director Of said corporation shall hold
| MS otlce until the next annual stock holders
| successor is elected and qualified provided that
any director may be removed from Office and
any vacancy in the board Of directors may be
hlied by the vote of the holders Of s. majority Of
meeting of the stock holders called for that pur-
pose in the manner prescribed by the bylaws
Ihe annual stock holders meeting Of said
corporation for the election Of a board of d.
Ao~SSN''
ness as may come before it shall be held at the
| Banking house of W. A. Culbertson in st. Paul,
Minnesota, on the End day of February in each
year and special meetings of the stock holders
shall be at such timeS and under such rules
ana regulations as to notice or otherwise as
! may be prescribed by the bylaws, and ct such
meetings stock holders may be represented and
vote by proxy duly appointed, and at each
STOCK holders meeting each stock holder shall
De entitled to one vote. the majority Of the
stockholders shall constitute quorum at such
meetings for the transaction Of business. The
duties and compensation of the officers of the
corporation shall be fixed by the bylaws. The
bylaws OF said corporation shall be adopted at
the first annual meeting of the stockholders and
shall be changed, altered or amended only at
an annual meeting Of the stock holders or &
special meeting called for that PURPOSE. But
| the first board OF directors may adopt bylaws
which shall remain in force until the next an
nual meeting Of the stock holders
The names Of the first board of directors shall
be W. a. Cn]bertson, Fl. P. Bicknell and c. L.
Foss, of whom Fl P. Bicknell shall be President
and Treasurer, and c. H. Fcss, Secretary and they
shall hold their Offices until their successors
are elected and qualified.
In witness whereof the above named incor.
Dora tors have hereunto set their hands and
seals this 18th day Of July, A. d. 1885
II. P. BlCKNELL. [sEALl
G.. /. FOSS, fsEAI.i
L. c. SIMMONS, 1sEA11
III presence Of 49,
f. A. WALSH,
j. SIMMONS,