Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1892-11-11
LITTLE FALLS, MINNESOTA.

We, the undersigned DO hereby associate
ourselves together for the purpose Of forming
corporation. under the provisions of Title Two
q Of eh1sRer, @ Of The general
acts and part OF acts amendatory thereof. and to
that end do hereby adopt and subscribe the
following Articles Of incorporation.
ARTICLE 1.
]. The name of said corporation shall be the
,sPeopies Gas and Electric Company Of Little
Falls, Minnesota" --'.sss.-z. -
. II: The general nature of its business shall
be the erection, maintaining and operation IF
Cos and Electric works to manufacture
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 III any wise appertaining
to or connected with any. of the foregoing; to
and and pap sell
appliances used in connection with the FORE
going to lease, purchase, hold. sell, convey mort
gage and exchange real and personal property Of
every kind and description, contracts, letters
patent. patent rights inventions. processes and
contrlVances; to mortgage any part of its real
estate or personal estate with or without its
obligations 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 in the aggregate the limit hereinafter
fxed) at sucn rates and upon such terms as the
Board Of Directors may from time to time
as above provided.
III. The principal Office and place Of trans
acting the business Of this corpo1ation shall be
Morrison, State of Minnesota, and in such other
place or places as its Board Of Directors may
from time to time determine.
- ARTICLE II.
The time for the commencement Of said
corporation shall be the Sth day OF November
A. D. 1892 and its period Of continuance shall
be thirty (SO) years from said date.
ARTICLEIII
corporation shall be fifty thousand dollars
| such times and in such manner as the Board of
| Directors of this corporation may designate.
ARTICLE ~.
| divided into five hundred 50O) shares of the par
value of one hundred dollars (Sl0oO0) each.
ARTICLE V.
| liability to which this corporation shall at any
time be subject shall be fifty thousand dollars
(s5O,000)
ARTICLE W.
The names and places of residence of the per
sons forming this corporation, are follows
| Wetzel. John Nestor. Julius ". Berg and Joh1
H. Rhodes. oil Of Little Falls in the County @
| Morrison. NJ Minnesota.
| ARTICLE VII.
1. The government of this corporation anl
the management of its affairs shall be vested il
! a board OF seven directors, each OF whom shall
be stakeholder. and in the following officers
viz: president, vice president. secretary anC
treasurer. and such other officers and agents a.
the board from time to time may appoint.
| 2, The directors shall be elected at the annua
| meeting OF the corporation the second Tues
day in October in each year.
3. The officers of this corporation shall b.
elected annually by the Board OF Directors a
their first meeting each year, which first meet
ing shall be held Immediately after the annua
meeting OF the stockho lders,
4. The said officers and each and all thereo
shall be directors, and their term of office ont
the term OF office OF the directors shall lie on
year, and until their successors duly electe,
aud qualified.
S. The names of the first Board of Director
OF this corporation are p. II. Gross. j. c. Flynn
c. j. Haiues John Wetze], John Nestor, Juliu
w. Berg and John H. Rhodes. and they sfial
hold office until the first annual meeting in Octo
Der. 1888, and until their SUCCESSORS are dull,
elected and qualified
6. The names Of the first officers Of this cor
poration are P. H. Gross, president; j. e. Flynn
vice president; c. j. Haines, secretary; JOIN
Wetzel. treasurer, and they shall hold office uRti
the first meeting OF the Board of Directors bel,
after the annual meeting in October, 1898, an,
until their successors elected and qualified.
In witness whereof we have hereupto set GU
hands and seals this 2sth day OF October, A.