The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1901-12-19
Articles of Incorporation.

know all men by these presents That the
persons whose names are hereunto subscribed
under and pursuant to the laws of the State of
minnesota, become associated and hereby
adopt and sign the following articles of incor-
pOratiOn:
ARTICLE FIRST.
The name of said corporation shall be Galley
hardware Company. The general nature of
the business of said corporation shall be a
general mercantile business and lawful bust
ness essential thereto The principal place of
transacting the business OF said CORPORATION
shall be the Village of Princeton County of
Mile Laos. State of Minnesota.
ARTICLE SECOND.
The time of the commencement of said cor
poratlon shall be January 18th. 1902, and the
period OF its continuance shall be thirty (3W
years.
ARTICLE THIRD.
The amount of the capital stock of said cor
poration shall be Forty Thousand Dollars
(S40.O0o) which shall be paid in as called for by
resolution of the Board of Directors.
ARTICLE FOURTH
The highest amount of Indebtedness to which
said corporation shall at any time be subject is
Twenty Thousand Dollars 's2o,O00)
ARTICLE FIFTH.
The name and place Of residence of said in
corporators are as follows Thomas H. Galley
Clare A. Galley. Alfred Num- all residents of
the Village OF Princeton, County of Mile Laos
and State of Minnesota.
ARTICLE SIXTH.
The name of the first Board of Directors of
said corporation are Thomas H. Galley Claire
A: Galley and Alfred Num- and the government
OF said corporation and the management of it's
affairs shall be vested in a board of three drec-
toi;s from whom shall annually DO chosen the
President. Vice President Secretary and
Treasurer, and the office of Vice President and
treasurer may be holden by one person. And
said officers shall be elected annually hereafter
on the first Monday of January of each and
every year and until the first Monday of Jan
uary 1903. the persons above named as the first
Board of Directors shall act in that capacity.
and the said Thomas II. Galley shall be presi-
dent. the said Alfred NUM- shall be secretary
president and treasurer of said corporation
and on the first Monday Of January 1903 and
annually thereafter new Board of Directors
corporation, and from their number said Board
OF Directors shall elect the officers of said cor
poratlon to act for the ensuing year. Said
Princeton and the election of said officers shall
take place as thereafter as may be prac-
tcable at time and place to be then and there
designated by the board SO elected
ARTICLE SEVENTH.
The number of shares of the capital stock of
SAID corporation shall be -Four Hundred 4OO)
and the amount of each share shall be one
Hundred Dollars (SlOO)
Witness our hands and seals this 18th dav of
December nineteen hundred and one Ggm1
THOMAS H. Galley ISeal1
CLAIRE A. Galley [SeaL
ALFRED NUM- tSeaLi
In presence of
FRED G.. KEITH
CHAS. KEITH.
STATE OF MINNESOTA.
County of Mile Laos. SIS.
On this 10th day of December, 1901, person.
ally ally appeared before me Thomas ii: Galley
clare A. Galley and Alfred NUM- to me known
10 oe the same persons who executed the FORE
gong articles of incorporation and acknowl-
eogeo the same as their free act and deed.
FRED G. KEITH
Notary Public, Mile Laos County. MINI,
LNotarial Seal.]