New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1891-10-21
First publ Oct. 21st 1891
Last publication n ov. 18th, 1891.
Articles Of Incorp oration Of the
Eagle Roller Mill Company Of
New Ulm, Minnesota.
Know all Men by these Presents:

3 FAuOW oil AAou ny Gucso Ios0A 70 6aS
That the undersigned do hereby
agree to and associate themselves to-
gether for the purpose of becoming q
corporation, under and by virtue Of the
laws of the State of Minnesota in such
case made and provided, and for that
purpose do hereby adopt, agree to, sign
and execute the following articles Of in
corporation, to-wit:
Article /. The name of this corpora
ton shall be the Eagle Roller Mill
Company
Article 2 The principal place for
transacting the business of this corpora
ton shall be at the city of New Ulm,
in the County of Brown and State of
Minnesota
Article 8. The general nature of the
business of this corporation shall be to
purchase, sell, build, rent, lease, let,
manage and operate Touring mills and
other equipments and buildings. struct-
ures ard property necessary or conven-
lent for the purpose of transacting and
carrying on d general milling business,
and to buy, sell and deal in all products
of such business; also the constructing,
building, owning, leasing, buying, SELL
ing, maintaining and operating docks,
elevators, warehouses and storage
rooms, for the purpose of buying, SELL
ing, storing, forwarding, milling and
dealing in wheat, and other grain and
farming products of all kinds. as we'll
rs other personal property; also to buy,
own, sell. lease, let, convey, m Ortgage,
improve or otherwise dispose of and
deal in real and personal property of
whatever nature, name or description,
which the board of directors may deem
necessary, desirable, proper or conven-
lent for the purpose Of carrying on SAID
business as aforesaid, and generally to
do all other acts and things necessary
or proper in conducting, exercising OF
managing any and all of its business
aforesaid. -. .-'..
! Article 4, The amount of the capita
stock of this corporation shall be Three
hundred thousand ($300,O00) dollars
divided into three Thousand shares O.
the par value of one hundred dollar!
each, all of which shall be subscribed
for and paid in full before commencing
business hereunder.
Article 5. The time of the commence
ment of this operation shall be the frs
, day of December, A. D. 1891, and tn
period of its continuance shall be for tn
term Of thirty (30) years thereafter.
Article 6. The highest amount of in
r debtedness or liability to which this cor
poration shall at any time be subject
shall be Two hundred thousand $780,
/ 0O0) dollars.
}, Article 7. The names and place {
residence of the persons forming th5
corporation are as follows: Charles 81
version, William Silverson and 4
Schmitt, Jr., all OF the city New Uln
State of Minnesota, and A. Schmitt (
It the city of Cincinnati, State of Ohio.
|. Article s.. The government of tn
:. corporation and the management of i
business and affairs shall be vested in
- board of four directors, who shall
elected annually by and from the stoc1
g holders of said corporation at each al
q nual meeting thereof, which shall |
a held on the second Tuesday of Jannal
p of each year, at the principal Office
Il the corporation in said city of New Ulr
Is Said directors shall hold Office for OF
- year and until their successors are cleo
Il ed in their stead. The directors shs
meet in each year Immediately aft
50 their election and adjournment of t.
49 annual meeting of the stockholders, G
20 ganize and elect from their own numb
rs a president, vice.president, secreta
81 and treasurer, who shall be the Office
Is Of said board as we'll as of the corpo1
OIL ton. The directors and officers of til
IA corporation shall hold their respectl
"a offices after their election and quali6e
20 ton until the succeeding annual me-
. ing of the stockholders aad until thu
10 successors are elected and aualitie
O8 Vacancies in the board of directors
officers may be filled for the unexpir
II term by the remaining members of t
-, board at any regular or special meeti
III thereof held in pursuance of the bylaw
Article 9. The persons forming II
III corporation shall be the first board
directors and officers of whom Char
7 Silverson shall be President; A.Schn>
- Vice-president; A. Schmitt, Jr., Seer
tary; and William Silverson, Treasur
all of whom shall hold their respect
offices until the first annual meeting
the corporation next to be held after
ed act of incorporation is complete. a
p until their successors are elected a
qualified. The Office of secretary a
ew treasurer may be held by one and
ng same person. ..-=
- =