The Bemidji pioneer. [volume] (Bemidji, Beltrami County, Minn.) 1896-1917, 1900-07-19
Articles Of Incorporation.
The Benidii Tele.
phone Exchange
Company.

!. company.
We, the undersigned. do hereby associat
ourselves for. the purpose OF forming cor
poration, under and pursuant to the laws 4
the state Of Minnesota, in such case mad
i ana provided. and to that end do hereb
| agree upon. adopt and subscribe the followin
Articles OF Incorporation, to-wit:
ARTICLE I.
The name Of the corporation hereby organ
ized shall be and is THE Bemidii .Telep6on
It's business shall be the acquiring by mr.
chase. lease or otherwise. building, constrac
| ting; equiPping. operating and maintainine
exchange systems and public and .privat,
1 Telephone lines and telephone exchanges
and IN transmitting intelligence by electric
ien Gr na bpnieses h ana n doing genera
the state. OF Minnesota, and the acaui ring
holding. LEASING, using and selling ali rights
p patents apParialus. machinery and fran
enises pertaining to such business The
principal place for doing business and tn
principal office for the transaction Of suci
BUSINESS 81 TINS corporation shall be at the
Village Of Bemidji. in the County Of Bel
tram, and State Of Minnesota
ARTICLE II.
The time OF the commencement 81 hi,
Gorp noi shall % the 10th day OF July A
shall be thirty 1907 years, 4
ARTICLE III
The amount Of the capital stock OF said cor
(si0. 0o0. 600, with the privilege Of increasina
the same from time to time, as provided bv
law 10 that behalf and it shall be divided
l ne one ,, hunarsd 600 shares Of One Hun
shall DC plid AZ such times, in such amounts
ana IN such manner, in money or property AZ
q the he beard Of directors may determine and
ARTICLE w.
The highest amount Of indebted ness Ia
which this corporation shall at any time hs
subject, shall be Ten Thousand Dollars ISlO.-
ARTICLE v.
The names and places OF residence Of the
persons forming this corporation are Josanh
Z Haner residing ct Bemidji. Minnesota,
Andrew D. Stephens and DeForest BuckIen.
botl residing at CrOokston. Minnesota. Nal.
colin MckinnOn, residing ut FUsston Mime
sofa and Albert Kaiser. also residing at Foss-
ton. Minnesota. 80 - < -,
ARTICLE VI
The government OF said corporation and
The management of it's affairs shall he veatad
IN board 81 Directors OF not less than three
nor more Than I've In number. who shall be
elected annually from among the stock-hold-
ers OF said corporation, ut the annual meet-
uh;c ~ ~. ahI " said corporation
mnn,ia Sn a. I ~ neau' annually On the first
tsar; - ~, January o. eaeh ana every year
meeting OF the stockholders shall be held IN
- ~, 10 Sannary. dAi az the office
- Iie M .t nun Natlonai Bank OF Crooks
sol, - Wy cloy u Crookst ton, MlnnesOta. at
80 at9 se annual meeting OF the
-. ~ r shatl De hela annually thereAf
Ind eyery wear. at snch bn1 1an aaG OF each
1lace as Shall be fixed Nv the Rnard na =. n SUN
;urs. At said animal maetin~ a,,. ~ Dilee
holder shall be entitled III nna Sota - .olf |
hare Of gunital stock nwnad 10 ~, .ur ea .,
yote either III, person or by nsoxv anmn;nIaSS
hall .e 9 President. Secretary ana freasur-
directors may from time TO time deem neces-
ary. If,e Board OF Directors shall elect said |
ulcers Immediately after the annual stock
loiders meeting in each year. The Board Of /
h Its ahn tle onlcers % said corporation
ear and nn,,i tbair oances Ior one
,,d i,aaa I Ietr successors are elected
hail nor ba chosen 10 the nm mai inati
,erein provided. thew NAV ha q lant..d as
pecial meeting of the Observation-Disclosures 10 si.gg
or that purpose mon sI1rb ,,nfica ~ & "
by the by-aws Of said cornnration
nd y, for any reason, the Board OF Directors
hall fail to elect Otfic rs as herein provided.
uch o1hcers may be elected ut any subse.
rs may make such rules. and regulations. and
ne affairs of said corpuration nnt -
aey may deem necessary or advisable. The
. rs y naine9 IN Article " shall constitute
~ nrsG BOARD OF Directors, and until after :
- annual stocK-noldsrs meeting on the first