The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1896-04-24
Articles of Incorporation
OF The
Pine Tie union Lumber Co.

now All Men by These Presents, That we
Frank Gramer, F. f. HIdde, ! b. Ford, Wm
Taylor, VIM. Malloy and Geo. Rice, of Mankato
Minnesota, and S. R. Taylor, of Interior, Mich
have agreed to associate, and do hereby asso.
ciate ourselves together for the purpose of
forming body corporate under the provisions
1S7S.' of the State of Minnesota, and all acts
amendatory thereof, or supplemental thereto
and for the purpose aforesaid, have adopted
and signed the following Articles of lncorpora-
ton, to-wit
ARTICLE 1.
SECTION 1. The name of this corporation
shall be Pine Tree Union Lumber Company.
SEC. .. The general nature of the business of
this corporation shall be manufacturing lum,
Der, owning and operating lumber, coal and
wood yards; and dealing in and handling all
kinds of building material, of any kind and ma
ture. Buying, owning, improving, operating,
leasing and disposing of farm lands and city
property in the State of Minnesota and else
where, either for itself or for other persons,
partnerships or corporations, as agents OF
otherwise.
SEC. g. The principal place of transacting
the business of this corporation shall be in the
City of Maukato, Minnesota.
ARTICLE H.
Said corporation shall commence on the sec
ond day of April, A. ID. 1896, and the period of
its continuance shall be thirty 600 years from
that date.
ARTICLE ILL.,
The amount of the capital stock of this cor
($25, 100000, which shall be paid in such man.
ner and at such times as may be required by the
Board of Directors.
ARTICLE ".
The numberHf shares of the capital stock of
this corporation shall be five hundred (5O0) and
the amount of each share shall be fifty dollars.
ARTICLEv.
The highest amount of Indebtedness CATER
the corporation is completely to which this
corporation shall at any time be subjected,
shall be no more than Ten Thousand Dollars
(S10,OOO.O0).
The names and places of residence of the per-
sons forming this corporation are Frank
Gramer, F. E. Hidde, j. b. Ford, VIM. Taylor,
VIM. Malloy and Geo. Rice, who reside in Man
katO, Minnesota, and ;. Il. Taylor, who resides
In Interior Michigan.
ARTICLE VII.
Sec 1. The government of this corporation
and the management of its affairs shall be
vested in board of directors, to be elected by
the stockholders at their annual meeting.
SEC. 2. The annual meeting of the stock
holders shall be held on the first Tuesday of
April of each year after the year 1896, unless
otherwise provided by the bylaws of this cor
poration
SEC. T. The several incorporators above
named shall constitute the first board of direc-
tors, who shall continue cont in office until the an
nual meeting in 1897. or until their successors
are elected and qualified. Vacancies may be
filed by the stockholders in such manner as
the bylaws may provide.
SEC. 4. The board of directors may be in
creased to not exceeding nine in number by
majority vote of the stockholders at any lawful
meeting.
SEC. 5. The officers of this corporation shall
be president, vice-president, secretary and
treasurer who shall be elected by the board of
directors and shall hold their offices for one
year, or until their successors are elected and
qualified. The offices of secretary and treas
urer may be held by the same person
In witness whereof the several incorporators
aforesaid have hereunto set their hands and
seals this 18th day of March, 1896.
FRANK GRAMER, [Seal.]
f. E HIDE, [Seal.
j. b. FORD, [Seal.