The labor world., 1898-01-29

Know all men by these presents that we, 6: W:
Horton, X. ]. Horton and l.. E. Horton, all OF
the city of Duluth, St. Louis county. Minnesota,
do hereby associate ourselves together, in ac-
cordance with the provisions IF title two (2), OF
chapter thirty -four (34). cf the General Statutes
amendatory thereof for the purpose OF forming
g. corporation, and for that purpose do sign and
adopt the following articles OF incorporation.
", = -. ARTICLE 1.
The name of the corporation hereby formed is
the Dakota & Minnesota Land Co."
The general OF the business OF said ,e. cor
and dealing in lands, tenements and heredlta,
ments, and real. mixed and personal estate and
property. in the state of Minnesota and else,
where the improvement cultivation, tillage and
farming OF lands the marketing, selling and dis
posing of the products thereof; the buying,
owning, holding, and selling all such personal
property as may be necessary, proper, adVan-
tageoue, convenient or useful in the transaction
of any of the business herein mentioned; the buy
ing, selling, conveying. leasing, demisng renting
and hiring OF lands real estate and personal
property and the mortgaging. or otherwise en-
numbering, of the same; and the doing and per
forming Of any and all such lawful business or
useful or advantageous in the transaction Of the
business OF said corporation.
The principal rlace OF the transacting OF the
business OF said corporation shall be IN the clty
Of Duluth, st. Louis county, Minnesota:
ARTICLE H.
Il The time OF the commencement VI bdlu COfpOI-
alton shall be February 10, 1898, and the period
of it's continuance shall be thirty (30) years. +
s/ ARTICLE III.
The amount of the capital stock of said cor
pOratiOn shall be sixty thousand dollars
b $50, 900 O0), and the same shall be paid in at
Fsuch times, and In such mouats, as may be de-
termiped by the board Of directors, but no stock
shall be issued, subscription therfor received,
for less than III par value.
- ARTICLE .
The highest amount OF indebtedness or liability
to W hich said corporation shall be at any time
subject shall be the sum OF forty thousand dol
lars ($4O,OJ000).
ARTICLE v.
The names of the persons forming this associa-
tion for Incorporation are G. W. Horton, K j.
Horton and l.. E. Horton, and the place OF resi-
dence of each and all of said persons ls in the
city Of Duluth, in st. Louis county, Minnesota.
ARTICLE vi.
The names OF the first board OF directors OF
said corporation are G. W. Horton, K. j. HOr-
ton and l.. E. Horton. Thegovernment OF said
corporation, and the MANAGEMENT OF it's affairs,
shall be vested in board OF three (3) directors,
who shall be elected by the stockhold-
ers at their annual meeting on the second Mon
day in January of each year. The executive
offices OF such board OF directors shall be presi
dent, vice-president, a secretary. and q treas
urer and any two OF said offices, except those of
secretary may be held by the same person, and
ali officers and directors Of said corporation
shall be stockholders thereof. The officers OF
such board of directors shall be chosen, from
among their own number, at the first meeting OF
the board Of directors after the annual meeting
of the stockholders on the second Monday: in
January of each year, and they shall hold office
until their successors are elected and have quail
fed. In case OF q vacany in any OF the offices or
in the board of directors OF said corporation,
such vacancy shall be filed by an appointment
made by the remaining directors thereof until
the next annual meeting OF the stockholders
Until the time fixed for the first election OF the
sfficers Of said corporation, G. W, Horton shall
be president. X. J. Horton the vice president, L.
E. Horton the secretary, and G. W. Horton the
treasurer, OF said corporation.
ARTICLE VII.
The capital stock OF said corporation shall be
divided into six hundred (6O0) shares OF one
hundred dollars ($1OO.OO) each.
In testimony whereof we have hereunto set our
hands and affixed our seals this 18th day OF
January, 1898.
G. W. HORTON, (SeaD
X. J.. HORTON, (Seal)
l.. F.. HORTON. (SeaD
Signed and sealed in presence Of:
HOMER. b. DIBELL.
J. w. REYNOLDS.