The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1888-10-11
ARTICLES OF lNCORP0RA.
OF~THE
WATERLOO LAND
COMPANY.

COMPANY.
KNOW all men by these presents: That we
IL the undersigned, have agreed to and do
hereby associate ourselves together Tor the puT-
pose hereinafter expressed, and do hereby, under
and pursuant to the Laws OF the State Of Mime
sofa, in such case made and provided, incor.
porate ourselves, and our successors. adopting
and publishing the following Articles of Incor-
pOratiOn:
FIRST,
The name of said Corporation shall be "Water-
100 Land Company The general nature of its
business shall be to own, control, establish, aud
dispose OF the site OF the Town OF Waterloo, in
the Township Of Willnont, County OF Mobiles,
ing One hundred and Sixty acres of land, more
or less, in the Township, County, and State
aforesaid, described as follows, viz: The west
east half (a) OF the north west quarter % Of
Section tWenty-sevcn (27), Township One Hun
dred and Four llo4), North, OF Range forty two
that end to take all the necessary Steps to sur
vey, lay out. and establish the site of the said
town OF Waterloo upon the said premises, and
lot or lots, parcel or parcels, piece or pieces
thereof upon such terms as it shall deem
all the easements. licenses. and other rights.
privileges, and property, necessary, useful, or
convenient to carry out the object uses, and pur
y,
from time to time other lands in the said coun
ty OF Mobiles, or in the said State OF minnesota,
either Tor farming purposes or otherwise. and
from time to time to sell and dispose Of said
lands Or any part or parts thereof, and to that
END 10 lease, mortgage. sell and convey, said
lands or any part thereof which may hereafter
De acquired at any time and from time to time
upon such terms as it shall deem best, and to
hold control, and dispose of any, and all of the
easements. Licences and other rights, privileges
to carry out the objects, uses and purposes
aforesaid
The principal place of business of said Cor
the Township of Willmont in the County of No.
b 81 :, and State OF Minnesota; branch office
OF the said Corporation will be located at STRAIT
ford, County of Perth, Province of Ontario. Do
miniOn OF Canada.
SECOND.
The time Of the commencement Of the said
GSorporation as shall be on the 9TH day of Noyen-
t ne for issS sr nd s 81 G"tPo;ation SHALL con-
meeting of said Corporation Shall be held on
M,onday, the 9Th day of Novembcr. a. D: 1898, at
The Office OF The Company. in iuiugtOu'S block
on Erie street. in the said city of Stratford.
THIRD
The amount of the Capital stock of said Cor
poration shall be fi;,E Thousand Dollars. $50
in s:!ch sums and lis;ament> as the Board Of
directors snail determine and direct.
FOURTH.
The highest amount of Indebtedness or liabi!-
lty to which the said Cooperation shall at any
time be sub ect shall be the sum of Fifty Thou
sand Dollars (s5O,UO1l.
FIFTH
The names and places of residence Of the per-
sons forming said Association tor lucnrpcl;,-
ton are as t"lpW; to wiz: Henry G. diilcr, OF
tulda, MinncSota Capitalist; Frederick II.
Bean.;n. OF Aurora, ILLINOIS. (ai.itaIist; john
;MacQuilan. of Stratfor'i. Ontario, Canada, Real
E,lHte Broter; WiIlia1 Pierce, OF sTatfor,l, on
tario, CANADA, Hotel Keeper; George rune. of
StiatI"rd, Ontario, Canada, Manufacturer; j.
crank Palmer, of Strattord, Ontario, Canada,
Attorney at-LaW.
SIXTH
The government OF said Corporation and the
management of its affairs shall be vested in |.
Board of Directors, five III number who shall be
eetteu each year By and from the Stockholders
provided. and sud Board of Directors shall elect
y President, Nice-President, Secretary, and
TREASURER who shall each perform such duties
President and Vice President shall be elected
from the Boz I'd OF Directors. (The same y son
may hold the office OF both Secretary and lIc;,s-
The annual meeting of the Stockholders of
the said Corporation for tile election of a Board
OF Directors and for the transaction of such
It, shall be. held at the office of the said
Corporation in the City OF Stratford, County
Of on fe ef pr3yi"ce Of Of 0ntari9 and D9n
N. All officers shall be elected each H Year at
the first meeting Of the Board OF Directors after
and Officers shall hold their Offices until their
successors are elected, If for any reason there
shall be a failure by the Stockholders to elect
the Stockholders called for that purpose, Upon
such notice as may be prescribed in the bylaws
and if for any reason the Directors fail to elect
Officers at the time herein specified, such Officers
may be elected at any subsequent regular meet
rl n ,t
mevting thereof called for that purpose.
=, me following named persons shall constitute
the first Board DIRECTORS of said Corporation to-
John MacQuillan, William Pierce, and Frank
Palmer, who shall hold their, Offices until the
Mon mee III OF the on the
J: FRANK PALMER. Presdent FRED SEM X
1 fEAMAS secr vsf re shG GE3G HHE AG
Treasurer, who shall hold their respective
Offices until the Annual Meeting on the FIRST
Monday in November A. d. 1889, and until their
successors are elected.
IN nc case OF vacancy occurring for any cause
IN the Board OF Directors, or in any Office of said
or DIRECTORS. the person so elected to hold Office
until the next annual meeting thereafter.
SEVENTH
The Capital Stock of said Corporation shall be
divided into Five Hundred shares of One Hun
dred Dollars (S1OOOO) each.
, In witness whereof we have hereto set our
hands and seals. this 4th day Of September A.
FKEpERICK n; BEAMAN. tsEAI~
WlLhIAM FIERCE. SEAL.
ttEOKGEI NE. SEAL
j. FRANK PALMER. SEAL.
Witness to the signature of Henry G. Miller:
Gustavus }. Tatge.
A. BOySen.
In the presence Of: N P. Buckingham, A. w.
Ballantyne.
Canada, Province OF Ontario, Be known that
Spe St A. 5s; before h me oa So aay
Public, in and for said county of Perth, and Prov
lnce OF ontario, duly commissioned, personally
William Pierce, George Tune and j. Frank
Palmer, known to me to be the same persons des-
crlbed in and who executed the within articles of
that they executed the same as their free act and
deed for the uses and purposes therein set forth.
pat Dated this4 Sept, 1888. JOHN ID1SGToN:
lsEAL] Notary Public.
'' County nj ' Of Cook. }ss
I, Merritt W. Pinckney, a Notary Public in and
10: the said County Of Cook, in the State afore-
personally known to me to be the same person
whose name is subscribed to the foregoing In
strument, appeared before me this day in person
and acknowledged that he signed, sealed, and
delivered the said Instrument as his free and
voluntary act. for the uses and purposes therein
fet f rh IN the release and waiver OF
&, Given under my hand and Notarial Seal this
MERRITT w. PINCKNEY..
lsEAL.] Notary Public.
State of Minnesota, ...~-r
Department of State. r---..-- ...
l hereby certify that. the within Instrument
was filed for record in this Office on the 10th day
OF September, A. d. 1888. at 10 O'Clock A. NJ,
and was duly recorded in Book "U" of IncOr-
porations on page 63o.
:. H. MATTsoN.
~: Secretary of State.
Office OF h SgS;ss e. e DEEDS s1in,; SIS
hereby certify that the within instrument
was fled in this Office for record on the sth day
OF September A. D. 1883, at o clock A. NJ, and
was duly recorded III Book ''B" Miscellaneous
Records, on pages GIL to G23.
B. F. JOHNSON.