New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1897-06-16
Articles Of Inc ation.
ARTICLE

81. IS ARTICLE Il .ss. ass
Ehe unde rsigned, do hereby associate
themselves together, and form them
into 9 corporation under the cor
porate name and style Of the 90 ew Ulm
Telephone Company with full power
and under such corporate name to do
all things which a Telephone Company
In the State Of Minnesota may lawfully
do. The object and purpose. Of said
corporation and the general nature Of
its business shall be the owning, pur-
chasing, letting and operating Of
q Telephone line OF exchange in the city
of New Ulm, County Of Brown and State
of Minnesota, with the necessary app,1r-
tenances to the same, and to extend said
telephone line in either or any direction
from said City Of New Ulm and to con
meet with other telephone lines now or
hereafter to be constructed; and to con.
troll, construct or acquire by purchase,
lease or other contract such additional
telephone lines connecting Herewith,
and for the transaction Of all business
to the construction, mantle
nance and operation Of a telephone line.
The principal place of transacting the
business Of this corporation shall be the
City of New Ulm, County Of Brown and
State of Minnesota.
ARTICLE 2.
The corporation shall commence on
the LIST day of July 1897 and shall con-
tinue for the period of Twenty-Five years
with the right of renewal.
"a. ARTICLE 3.
The capital stock of this corporation
shall. be Ten Thousand Dollars, divided
into One Hundred shares of One Hun.
dred Dollars each, and the same shall be
paid in as follows, that is to say SO per
cent thereof at the time the same is sub
scribed, and the balance thereof at such
times and in such installments as the
Board of directors may from time to-
time direct.
ARTICLE 4. t%
The highest amount Of Indebtedness
to which this corporation shall at any
time be subject, shall be the sum of Two
Thousand Dollars.
ARTICLE 5.
The names and places of residence of
the persons, forming this corporation
are as follows: H. L. Saverien, Louie
L. A. Fritsche, William G.. Al
win, A. II. Wagner, AndrewJ J. Eckstein,
J. l.. Schoch, Joseph Bobleter and AL
pert Steinhauser, all of whom reside in
The City of New Ulm, Brown County,
Minnesota.
!.5s. ARTICLE s..
The affairs of the corporation shall be
managed by board of five directors,
xho shall be stockholders, and shall be
elected annually. on the 1st Tuesday in
March Of each year, by the stockhol-
lers IN person OF by proxy. The first
'lec4ion of directors shall be held on the |
st Tuesday in. March, 1898, prior to
which time the following named persons,
c-wlt:: 81. L. Saverien, J. L. School,
Joseph Bobleter, A. H. Wagner and
Albert Steinhauser shall constitute the |
Board Of Directors and shall hold office
IS such directors until said time. Any
,acancy in said first Board of Directors |
nay be filed by the directors remaining
n said board, and the majority of SAID :
'riginal Board of Directors shall constr
ute quorum for the transaction of any
business of the company.
ARTICLE Z.
The Board Of Directors shall annually |
lect from tltir number President, a |
7lce-president, Secretary and Treas
lrer, and such other officers as they may
|eem necessary for the transaction of the
business of said corporation, who shall
ave such powers as may be given by
aw or fixed in the bylaws. Until the
nnual meeting on the Est Tuesday in
darch 1898, H. L. Saverien shall be
resident, J. L.: Schoch- Vice-president,
\. H. Wagner, Secretary, and Joseph
50bleter, Treasurer.
In Witness Whereof, We have here
INTO set our hands and seals this 10th
lay Of May, 1897.
III. L. Saverien (Seal.)
Louie Mueller (Seal.)
L. A. Fritsehe (Seal.)
w. G. Alvin lSeal.)
A. II. Wagner (Seal.)
Andrew J. Eeksteln (Seal.
j. i. Schoeh (Seal.l
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