The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1900-05-04
Articles Of Incorporation
of
Virginia Cash Grocery
Company.

The undersigned, for the purpose Of BE-
coming corporation, under Title Two e.,
Chapter Thirty-four (34). of the General Stat
utes of Minnesota for the year 1878. as amend
ed, do hereby adopt tn: following Articles
OF incorporation.
ARTIGLE
The name OF this corporation shall be Vir-
glnia Cash Grocery Company. The general
nature of its business shall be to buy, hold,
sell and dispose of, and deal in, either at
wholesale or retail, upon its own account or
upon commission. all kinds of groceries, pro
visions crockery and glassware, and any
other kinds of goods, wares and merchandise
belonging to general grocery and crockery
business. and all other merchandise which
can be probably handled in connection with
the above business. Also to buy, own, hold,
mortgage lease. let, sell and convey any and
all real and personal property in connection
Herewith. and generally, to do all such acts
and things, and to hold and dispose of all
such property as may be incident or conven-
lent to the general purpose herein expressed.
The principal place for the trans citing OF
the business Of said corporation shall be at
Virginia, Minnesota, with branch Mt Eve
leth, Minnesota.
ARTICLE II.
The time of the commencement of said
corporation shall be April 2sth, A. D.. 1900,
and shall continue for q period OF thirty
years.
ARTICLE III.
The amount Of the capital stock of said
corporation shall be Twenty Thousand DOL
lars ts20, 000.OO). which shall be paid in cash or
In other property at such time and in such
manner and in such amounts as the Board
of Directors shall determine.
ARTICLE ".
The highest amount of indebtedness or
liability to which said corporation shall at
any time be subject shall be Ten Thousand
Dollars Celo.OOO00)
ARTICLE v.
The names and places Of residence of the
persons forming said association for incor-
poration are:
Jacob Stein. Edmund J. O'Rourke, Julia
O'Rourke and John A. Stein, all residing at
Virginia, Mimi.
ARTICLE vi.
The government of said corporation, and
the management of its affairs shall be vested
in Board of four Directors, to be elected an
nually from the stockholders at the annual
meeting, and the following officers to be
elected by the Board of Directors from
among their number. viz: PRECEDENT vice.
president, secretary and treasurer, who shall
hold their respective Offices for the period of
one year, or unt til their successors have been
duly elected and qualified, and any two of
said Offices may be held by the same person.
The Board Of Directors shall adopt such by
lawf for the government and management OF
said corporation. not inconsistent herewith,
a. they may deem necessary and proper.
Jacob Stein, John Stein. Edmund J.
O'R0urke and Julia O'Rourke shall consti-
tute the first Board of Directors, and until
their successors have been duly elected and
qualified. the following named persons shall
be the officers OF said corporations:
Jacob Stein, President and Treasurer;
Edmund J. O'Rourke, Secretary and Mana
ger. and John A: Stein, vice-President
The annual meeting Of stockholders shall
be held at the. Office Of the corporation at
Virginia, Minnesota On the End Tuesday IN
May. 1907, and annually thereafter on said
date. ut u'c ,s:k in the Afternoon.
Of SAID corporation shat. be Four Hundred
GOD shares Of the par value Of Fifty %. Iars
{a5000) each. =. - = ~ =.