The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1901-02-22
OF INCORPOR ALTON OF
THE DIR. SMITH DRUG COMPANY.

KNOW ALL MEN BY THESE PRESENTS, Tt at
we, the undersigned, have agreed, and do here
by associate ourselves together for the purpose
of forming, and do hereby form and organize an
incorporation under the laws of the State of
Minnesota, and more particularly under Di-
vision l of Title IL of Chapter "a of the General
Statutes of Minnesota of 1894, and the laws.
amendatory thereof, and to that end do hereby
sign the following Articles of Incorporation:
ARTICLE L.
The name of this Corporation is hereby de-
clared to be THE DR.. Smith Drug Company"
and the general nature of its business shall be
purchasing, buying, handling, selling and deal
ing in all kinds of goods, wares and merchan-
disc, drugs, medicines. novelties, stationery,
cigars, etc., with power to rent, buy, mortgage
and sell real estate and buildings necessary in
carrying on such mercantile business, and do
all business incident thereto or connected
Herewith.
ARTICLE II.
The time of the commencement of this Cor
poration shall be the first day of March, A. D..
1901, and the period of it's continuance shall be
thirty years, and its principal place of business
shall be Mankato. Minnesota.
ARTICLE III.
The amount of capital stock of said Corpo-
ration shall be Twenty-Five thousand Dollars
lS@oQ ~ t fTW; forty " per &c cent thereof shall De of ptahiid l
Corporation, and the remainder as ordered by
the Board of Directors.
ARTICLE ".
The highest amount of liability of indebted
ness to which this Corporation shall at any
time be subject is the sum of Twenty-Five
Thousand Dollars (S25,00O .O0).
ARTICLE v.
The names and places of residence of the per-
sons forming this Association for corporation
are: Delos d.. Smith and E. E. Smith,, of Man.
kato, Minnesota, and Leo III. Smith. of Col
gate, North Dakota.
ARTICLE VI.
The government of said Corporation and
management of its affairs shall be vested in a
Board of Directors, consisting of not less than
three 80 nor more than five t) persons, who
shall be stockholders a President, Secretary
and Treasurer, to be elected by the Board of
Directors annually, at the first meeting of the
Board of Directors after its election, and such
other agents as the Board of Directors shah
appoint. The Board of Directors after the first
shall be elected by the stockholders at each
annual meeting of the Stockholders, which
shall be held on the first Tuesday in March of
also hold any other office in the Corporation.
The duties of said officers shall be determined
and fixed by the bylaws and rules to be
adopted by the said Board of Directors. The
names of the persons constituting the first
Board of Directors of said Corporation are d.
who shall hold their office until the first meet
ing of the stockholders to be held on the first
Tuesday in March, A. D 1901, and until their
successors are elected, The first meeting of
the members of this Corporation shall be held
at the Office of Dr.. d.. d. Smith, corner of Front
and Liberty streets, Mankato, Minnesota, on
S"S "a u bhoANh q. L. IOO4. a iCA " SLOA
in the forenoon of that day, and no other or
further notice shall be required, and a major
lty OF the incorporators or directors being as
sembled thereat, may organize and transact
any business, and until such time the general
officers shall be as follows: d. d. Smith, pres
ident and Treasurer. and E. E. Smith, Secre-
tary. The officers and directors of said Corpo-
ration, except such as designated to act until
until the first annual meeting thereof shall
hold their offices for the term of one year, or
until their successors are elected and qualified,
and in case a vacancy occurs in any such of
flee the same shall be filled by the Board of
Directors until the next annual meeting.
ARTICLE VII.
The number and amount of shares of the cap
ital stock of said Corporation shall be Two
Thousand Five Hundred shares of One Hun
dred Dollars each.
In witness whereof we have hereunto set our
hands this eighth day of January, A. D.. 1901.
+ FL +; SMITH ITfTfH sea-
In presence of
E T F 3: MORSE Witnesses for
john: McHALE, J Witnesses as to
S. B. WILSON, Witnesses as to
ANNA WHITE. sc. T. Smith.
STATE OF MINNESOTA, L..
County of Hennepin. Soe.
On this eighth day of January, A.. D.. 1901, be-
fore me, a Notary Public within and for said
County and State, personally appeared Leo h.
Smith, to me known to be one of the persons
described IN and who signed and sealed the
foregoing Articles of Incorporation, and ac-
knowledged that he executed the same as his
free act and deed and for the uses and pur-
poses therein expressed.
Notary Seal JOHN j. McHALE,
Notary Public, Hennepin County. MINI.
STATE OF ILLINOIS, :,
County of Cook. "
On this 18th day of January, A. d.. 1901, before
me, a notary public within and for said county
and state, personally appeared Deles d. Smith,
to me known to be one of the persons described
in and who signed and executed the foregoing
Articles of Incorporation and duly acknowl-
edged that he executed the same as his own
free act and deed for the uses and purposes
therein described.
Notary Sealj JOHN h. HARDIN,
Notary Public, Cook County, Illinois.
State of Minnesota 60
County of Blue Earth ss
On this 22nd day of January A. d. 1901. be-
fore me a notary public within and for said
county and state, personally appeared E. E..
Smith to me known to be one of the persons
described in and who signed and sealed the
foregoing articles of Incorporation, and ac-
knowledged that the executed the same as her
own free act and deed for the uses and pur-
poses therein expressed.
s. B. WILSON.
Notrary Public.