The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1898-02-24
Articles of Incorporation.

know all men be these presents, That the
persons whose names are hereuntO subscribed
unocr ana pursuant to the laws of the State of
MlnneSOta, become associated and hereby
adopt and sign the following articles of incor-
poratlon:
ARTICLE FIRST.
The name of said corporation shall be the sE.
Mark Live Stock Company
ARTICLE SECOND.
The general nature of the business of said
corporation shall be the raising and improve
ment OF live stock, and the functions of said
corporation shall be limited exclusively to such
business ana TO business essential thereto.
ARTICLE THIRD.
The principal place Of business of said cor
poratlon shall be the village of Princeton,
county of Mile Lacs State of Minnesota
ARTICLE FOURTH.
The time of the commencement of said cor
poratlon shall be March first, 1885, and the
period or It's continuance shall be thirty COY
years.
ARTICLE FIFTH.
The amount Of the capital stock of said cor
pOratlon shall be ten Thousand dollars $50 OOO)
which shall be paid in as called for by resolu-
ton OF the board of directors.
ARTICLE SIXTH.
The highest amount Of Indebtedness to which
said corporation shall at any time be subject is
five thousand dollars (S5UOO.
ARTICLE SEVENTH.
The names and place of residence of said
lncorporatorS are as follows: Emmett Mark
ABE %, Mark and John F. Peterson, all residents
and State of Minnesota
ARTICLE EIGHTH. r.
The names of the first board of directors of
SAID corporation are Emmett Mark, Abe Mark
and John f. Peterson, and the government of
SAD corporation and the management of it's
affairs shall be invested in a board of three di-
rectorS from whom shall annually be chosen
the following officers: A president, vice presi-
dent, secretary and treasurer, and the office of
secretary and treasurer may be holden by one
person and said officers shall be elected an
nually hereafter on the first Monday of March
until the first Monday Of March.
1885, the persons above named as the first
board of directors shall act in that capacity
and the said Emmet Mark shall be president,
the said Abe Mark shall be vice president and
the said John Peterson shall be secretary and
treasurer OF said corporation, and on the first
Monday of March. 1896, and annually thereaf-
ter, a new board of directors shall be elected
by the stock holders of said corporation and
from their number said board of directors shall
elect the officers of said corporation to act for
the ensuing year. Said election of directors
shall take place at said Princeton and the cleo
ton Of said officers shall take place as soon
thereafter as may be practicable, at q time and
place to be then and there designated by the
board so elected. ~. +
ARTICLE NINTH. :.
The number of shares of the capital stock of
SAID corporation snail pc one hundred (lUO),
and the amount of each share shall be; one
hundred dollars (S10). = s. q
Witness our hands and seals this 21st day, of
February, eighteen hundred and ninety-eight
(lSy8). = - , :. Z
EMMETT MARK, ,ISeaL]
ABE MARK TSeal.1 .
JOHN F. Peterson. TSeal
In presence of ,Es>1.ss
s., s. PETERSON, IEss ~ 4
H. zCHAS. KEITH. - = q. a
STATE OF MINNESOTA, Ess.E
County of Mile Laos. So
On this 2lst day of February. 1898, personally
appeared before me Emmett Mark, Abe Mark
and John F.EPetterson, to me known to be the
same persons who executed the foregoing ar
ticles of incorporation, and acknowledged the
same as their free act and deed.
CHAs. KEITH.
Notary Public, Mile Laos County, MINI.
Notarial Seal.
For SALE-A splendid bull, some
mich cows, and other cattle. Time
will be allowed all purchasers for pay
ments. u. S. LIBBY.