Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1892-11-18
]. ARTICLES OF INCORPORATION
Peoples Gas and Electric Company
LITTLE FALLS, MINNESOTA.

We, the undersigned do hereby associate
ourselves together for the purpose of forming a
c GO under the provisions of Title Two:
statutes 1878 of the State of SIinnesota and ali
acts and part Of acts amendatoly thereof and TO
that end do hereby adopt and subscribe the
following Articles Of, incorporation. f.
ARTICLE /. !.
The name of said corporation shall be the
nEp,n,op,e,.s Gas and Electric Company OF Little
/ II. The general nature Of its business shall
pc the erection, maintaining and operation !, f
Gas and Electric works to manufactures
generate, sell, furnish and supply electricity,
and gas for light, telegraph, telephone, heat,
fire alarm and power purposes; to lay gas pipes
and mains and to erect poles and string electric
wires; to own. lease. SELL operate. and maintain
any and all business IN any wise appertaining
TO or connected with any of the foregoing; 10
manufacture and repair. sell or otherwise
dispose Of any and all kinds of apparatus and
appliances used i'll connection with tie fore
going; to lease, purchase, hold sell convey, mort
gage ana exchange real and personal property Of
patent patent rights inventions. processes and
contI1vances; to mortgage any part of its real
estate or personal estate with or without its
frame franz nehlses,to secure the payment Of any debts,
ob1Gat1ons incurred by it in its business, as its
Board Of Directors may direct: to borrow money
incur debts and liabilities and issue its bonds
and obligations therefor, to such amounts mot
exceeding insthe aggregate the limit hereinafter
txed) at such rates and upon such terms as the
Board of Directors may from time to time
direct. and to- secure the payment Of the same
as above provided. I-sgs5 F~
III. The principal office and place Of trans
acting the business of this corporation shall be
at the city of Little Falls, in the county of
Morrison, State Of Minnesota, and in such other
place or places as its Board Of. Directors may
from time to time determine.
ARTICLE TT
The time for the commencement of said
A. D 1892 and its period. of continuance shall
be thirty (S0 years from said date.
- ARTICLE III.
Tho amount of the capital stock of this
corporation shall be fifty thousand dollars
| ($50000.), and the same shall be paid in al
such times and in such manner as the Board oil
Directors of this corporation may designate.
ARTICLE ".
| The clpital stock of this corporation shall be
divided into five hundred 5Oo) shares of the PAL
value OF one hundred dollars (sl0o0W each.
ARTICLE V.
liability to which this corporation shall at an,
time be subject shall be fifty thousand dollars
(s50,00o)
ARTICLE VI.
| iHe AtuleS anu plttceS OF feSluence OF the per
sons forming this corporation, are AS follows
+. ID. Gross, j. C. Flynn. CD Haines Joh1
| Wetzel, John Nestor. Julius w Berg and Johr
IT, Rhodes. all OF Little Falls in the County @
| Morrison. Minnesota
| ARTICLE VII.
| l. The government of this corporation anf
| the management of is affairs shall be vested in
| a DC ard OF seven directors, each OF whom shall
| be stockholdcr, and in the following officers
| VIZ: president. vice president. secretary and
treasurer. and such other officers and agents as
| the board from time to time may appoint
! meeting OF the corporation. Oh the second Tues
| day in October in each year.
| 3. The officers of this corporation shall be
| elected annually by the Board of Directors al
| their first meeting each year. which first meet
ing shall be held Immediately after the anuua
| meeting Of the Stockholders,
T.. The said officers and each and all thereo
shall be directors. and their term of Office and
| the term Of office of the directors shall be one
year, and until their successors are duly elected
! and qualified.
| O.. The names OF the first Board of Directors
! OF this corporation are p. II. Gross j. c. FLYNN
| c. j. Haincs, John Wetzel, John Nestor, julius
| W: Berg and John Fl. Rhodes, and they shall
| hold office until the first annual meeting in Qcto
her 1888 and until their successors are duly
elected and qualified,
Q. The names OF the f1rst officers OF this cor
| poration are ?. H. Gross. president; j. G.. Flynn
| vice president; c. j. Haines, secretary; John
Wetzel. treasurer and they shall hold office unt il
| the frstmeeting OF the Board Of Directors held
after the annual meeting in October, lS93 and
| until their successors are elected and qualified
In witness whereof, we have hereunto set our
hands and seals this 2sth day OF October, A. D