Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1889-03-01
Al. Articles Is |. d {. Incorporation !.
Little Falls Water Works Co.

+ We. The undersigned, for the purpose of or.
ganizinr, and becoming body corporate under
and by virtue Of the laws OF the STATE Of Mime
sofa. IN such case made ami provided, have
adopted and gned the following Articles Of In
corporation ~t' s.~$ 's~s5ez *~,
$ + - ARTICLE !.
The name Of this corporation shall be the Lit
lie Falls Water Works Conpany." !E
~ The general nature OF its business shall be to
centrnet bny, own operate and maintain sys-
sem OF water works: and sell, let and hire iht
same. for pnblic and private use. Said corpora:
ton shall have power to buy sell, own and lease
such land. water power, franchises, rights. pat
sppartenaees a. may from Tine to tiaae appear
tn the Board OF Directors necessary in aud abou,
sich business '
Z The principal place Of transac.ing the bus!.
ness of said eorporatton shall be in Little Falls
In the State OF Minnesota.
= ARTICLE
Sail corporation shall commence OIL the FIT
teenth day Of March 4. b. 1889. and shall con
;tinue for the term ofthirty years.
ARTICLE III. ::
The amount Of capital stock OF said corporas
ton shall be One Hundred Thousand Dollar.
and shall be paid III at such times aud IN stch
manner and in such installments a. tho Boarn
nf Directors Of said cooperation, shall determine
md said corporation may commence business
whenever Twenty Thousand Dollars OF the CAPT:
ARTICLE ".
Said corporation shall have power to borrow
money but the high amount Of Indebtedness
Or liability, exclusive OF bonded debt that IA Id
corporation shall at any time be subject is Fifty
Thousand Dollars, and said corporation may Is.
sue and negotiate Its bonds at such times, IN
such amounts and secured by such collateral or
other security as the Board OF Directors may
deem best, but not to exceed in the aggregate
the sum Of Fifty Thousand Dollars.
ARTICLE V.
The names and places Of residence Of the per-
;o sta ~ H. Fuller ad r ~ c. e Gatsan as
Of Little Falls, Minnesota, and J. 4. Bsrkey OF
saint Paul, Minnesota, and W. II. s. Wright OF
st. Paul, Minnesota.
ARTICLE VI.
The government of this corporation and the
management OF its affairs shalt be vested in Il
Board Ut Five Directors, each OF whom shall; be
stock holder. and in the following officers to
he ELECTED from the hoard Of Directors. viz: a
nrer. The Office Of secretary and treas
son TIE Board Of directors shall have
the power to elect a. general manager amt
sIch other agents as to the Board of Directur=
may seem necessary
The annual meeting of the corporation shall
be held on the Third Wednesday i'll August IN
each year and the Directors shah be elected a.
The officers Of this corporation shall be elect
ed annually by the Board Of Directors at ,heil
annual meeting to be held Immediately after tht
annual meeting Of the stock holders on tn
third Thursday III August In each year. Tn,
term OF office OF the directors and officers Of this
corporation shall be one year and until their
successors are duty elected aud qualified. Tn,
Board ct Directors shall have power to I'LL va
cancy III case Of death or resignation Of any Q.
its members.
The names Of the first Board of Directors are,
S! Stoil ". NJ Fuller, T., c. Gordon, J. A. Der
key. and W. II. 8. Wright.
The first officers of said corporation shall be as
follows: President. w. N. Fuller. Vice Presi
dent. J. A. Berkey: Secretary, 4. c. Gordon
Treasurer, T. G.. Gordon.
ARTICLE VII.
The number OF shares In the capital stock OF
s,id corporation shall be One Thousand and the
amount Of each share shall be One Hundred
Dollars.
IN WITNESS WHEREOF the persons here
i.before named as the incorporators have here.
unto subscribed their names aud affixed their
seals this sth day of February, A. D. 1889.
W. NJ FULLER, (sEAL.l
S. STOLL. fsEAL.1
r. c. GORDON, sEAL.1
JNO. A BERkEI, sEAL.1
W. H. $. WRIGHT, fsgAL.1
Signed and sealed in presence Of
C. \. LINDBERGH, :
CHARLES DAWSON.