New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1897-06-02
Articles of Incorporation.
ARTICLE 1.

The undersigned, do hereby associate
themselves together, and form them
selves into a corporation under the COZ
porate name and style of the "New Ulm
Telephone Company with full power
and under such corporate name to de-
all things which Telephone Company
in the State of Minnesota may lawfully
do. The object and purpose of said
corporation and the general nature of
it's business shall be the owning, pur-
chasing, constructing and operating of
Telephone line or exchange in the city
of New Ulm, County of Brown and State
of Minnesota, with the necessary appur-
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
appurtenant to the construction, mantle
nance and operation of 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 9.
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.
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 A.
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: II. L. Saverien, Louie
Mueller, L. A. Fritsche, William G. Al
win, A. H. Wagner, Andrew J. Eckstein,
J. L. Schoch, Joseph Boblete1 and AL
bert Steinhauser, all of whom reside in
the City of New Ulm, Brown County
Minnesota.
ARTICLE 4.
The affairs of the corporation shall b
managed by board of five directors
, who shall be stockholders, and shall By
elected annually on the 1st Tuesday il
March of each year, by the stockhol
ders IN person or by proxy. The frs
election of directors shall be held on tn
lst Tuesday in March, 1898, PRIOR t
which time the following named persons
tc-wlt: H. L. Saverien, ]. Z. Schoch
Joseph Bobleter, A. H. Wagner an,
Albert Steinhauser shall constitute th
r Board of Directors and SHALL hold ofic
). as such directors until said time. An
vacancy in said first Board of Director
may be filled by the directors remainln
> in said board, and the majority of Sal
s original Board of Directors shall const
). tute quorum for the transaction Of an
], business Of the company.
III ARTICLE Z.
], The Board Of Directors shall annual
elect from their number y President,
! Vice resident, Secretary and . Trea
urer, and such other officers as they ma
= deem necessary for the transaction Of Il
"a business Of said corporation, who sha
have such powers q may be given b