Morris tribune. [volume] (Morris, Minn.) 1880-2000, 1885-04-01
The MORRIS BRICK YARD
Manufacturing Company.

We, the undersigned, do hereby associate
ourselves together for the purpose OF becom-
Title Two Of Chapter 81, of the General Statutes
of 1878, laws of the State of Minnesota, and
the amendments thereof, and for that p9r-
pose do hereby adopt and sign these Articles
Of Incorporation as follows, to-wtt:
ARTICLE I.
p The name OF this corporation shall be The
Morris Brick Yard and Manufacturing Com.
pany. The general nature of the business OF
this corporation shall be 10 manufacture and
sell all kinds of tile brick and crockeryware,
and for that purpose and to that end shall
have power to purchase, take and hold ali
necessary or convenient real estate and per-
sonal property, and suitable tools, machinery
and material necessary to the proper trans
action of the business. The principal office
corporation shall be in the Village Of Morris,
in Stevens County, Minnesota.
ARTICLE II.
The time of the commencement of this cor
poration shall be the second day Of March,
1855, and it's period of continuation shall be
for thirty years thereafter.
ARTICLE III.
The amount of the capital stock of said
corporation shall be S20,GO00, and the same
shall be divided into 200 shares Of $4,000 each.
30 shares of said stock shall be issued as and
denominated preferred stotk; 80 shares OF
said stock shall be issued as and denomin-
ated common stock,
Said preferred stock, when issued, shall be
fully paid for, and shall be and thereafter re-
main a first claim and lien upon all the prop
erty OF the said corporation, after Its 1ndebt-
edness, and the holders thereof shall be
entitled to have and receive from the net
earnings of said corporation six per cont. per
annum, payable annually, and to have such
interest or dividend paid in full each year
January thereof. before any payment or divi-
dend or interest shall be made upon the COM
mon stock.
Said common stock shall be issued at any
time to subscribers therefor on their paying
into the treasury of said corporation 20 per
cent. OF the par value thereof, and the re-
shall be paid into the treasury of said corpor-
alton, by the holders thereof, when and a.
called for by the Board Of Directors, but no
| holder of said common stock shall be called
upon to pay more than the 20 per cent first
paid for the same until all OF said common
stock shall shall have been subscribed fol-
Said preferred stock shall at no time, or for
any purpose, be liable to assessment until the
owners and holders OF said common stock
| shall first have paid into the treasury of the
said corporation, the full par value Of the
| whole of said common stock.
After the payment of the preferred divi-
said corporation shall then be entitled &c
| share alike in the profits or earnings of the
! said corporation, but in the event Of insol.
vency or other dissolution of said corporation
shall be entitled to have and receive the full
par value of their stO'k out of the assets Of
| Indebtedness, before any division shall be
made among, or payments or assets made to
owners or holders OF said common stock.
ARTICLE ".
The highest amount of Indebtedness OF
liability to which the said corporation shall
e co. 90 ''''' NC ''''' 'nA'' n' '~'''0 WV
ARTICLE V.
The names and place of residence Of the
persons forming this association for the pur-
poses of incorporation, are: Hugh Whitley
Albert DeKay; Patrick A. McCarth~, Frank
u. Newell. and Stephen A. Flahorty, Of Nor
| ris, Stevens County, Minnesota.
ARTICLE vi.
The government Of said corporation and the
management of It's affairs shall be vested In
actual stockholders. and shall be elected
annually by the stockholders, at their an
! nual meeting, which shall be held at the
alton, on the first Monday in August of each
and every year. The officers of the said cor
poration shall be President, who shall be
transactions OF said corporation; n Vice.
President, and a Secretary, who shall be
ex-officio treasurer OF the said corporation,
each OF which said officers shall be by the
said Board of Directors selected from the
members OF said board, at the first meeting
OF said Board of Directors held after the an
nual election. All meeting, Of the said
and place of business OF the said corporation,
and the time or times OF holding such meet
ings shall be determined by bylaw to be
adopted by the said board.
The compensation TO be allowed to any
officer OF the said corporation shall be fixed
by the Board of Directors.
Until the next annual election the Board
Whitley, Albert DeKay, Patrick A. McCar-
thy, Frank f. Newell and Stephen A,
Flaherfy; and until said election, Hugh
WHITLEY shall be Gradient ds and Albert
cies occurring in said board shall be filled by
the remaining members thereof
In testimony whereof We have hereunto
set our hands and affixed our seals this 7th
day of March. 1885.
HUGH WHITLEY. TsEALl
ALBERT DEKAY, sEAI1
FRANK e. NEWELL, fsEALI
PATRICK A. MCCARTHY, fsEAL1
STEPHEN A. FLAHERTY. lsEAL1
Signed, sealed and delivered in presence OF
LEWIS G. SOONER and Il. p O'BRIEN.
STATE OF MIFNsoTA,l
COUNTY OF STEVENS,
Before me, the undersigned, notary pub
day S personai all l came Hugh Whissey Albert
DeKey, Patrick A. Mccarthy, Frank T..
Newell and Stephen a. Flaherty, to me per-
sonally known to be the persons who signed
each for himself personally acknowledged
the execution OF the same to be bis own free
act and Decd and that said articles were exc.
cuted for the uses and purposes therein sx-
In testimony whereof, have hereunto set
my hand and affixed my official seal, at Nor
ris, In said County and State, this 7th day of
March, 1885.
SEAL LEWIS G. sPooNER,
Notary Public In and for Stevens Co., Mimi.
REcYsTEp or DrKns Orrrrrl