New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1901-02-13
Articles Of Incorporation
OF THE
BURG CIGAR COMP ANY,

KNOW ALL MEN BY THESE PRESENTS,
That the undersigned do hereby assoc1-
ate themselves as corporation under
and by virtue of Chapter Eleven I'D of
the several acts amendatorv thereof, and
to that end adopt and sign the following
articles of Incorporation:
ARTICLE 1.
The name of this corporation shall be
the Burg Cigar Company"
ARTICLE2.
The general nature of the business of
said corporation and the purpose for
which the same is formed shall be the
manufacture of cigars and tobacco and
name or description; of purchasing tobac-
co and other raw material necessary
therefor; and of selling and disposing Of
the product so manufactured.
ARTICLE 3.
The principle place of t1ansacting the
business of said corporation shall be the
City of New U1m in the County of Brown
and State of Minnesota.
ARTICLE 4.
The time of the commencement of this
corporation shall be the first day of March,
A. D. 1901, and the continuance thereof
shall be for the period of thirty (a0) years
from and after said date.
ARTICLE5.
The amount of capital stock of this cor
poration shall be fifty thousand $50 oO.)
do liars, of which amount fifteen tho11s-
and ($15 0O0.) dollars thereof shall be actu.
ally paid in at the time of the commence
n1ent of this corporation, and the remain
d er of the said stock shall be issued in
such amounts, paid in at such time and
place and in such manner as the Board of
Directors of this corporation may deter
mine.
ARTICLES.
The name and places of residence of
the persons forming this corporation are
as follows R, Frank n; Bgdg William Burg
New Ulm in the County of Brown and
STATE of Minnesota.
ARTICLE7.
The number of shares of the capital
dred 5000 and the par value of ca CHI share
shall be one hundred $4,000 dollars. The
number of shares owned by each stock
William Burg, fifty (50) and Max Burg IF.
ty (5O) shares.
The highest amount of Indebtedness or
liability to which this corporation shall
at any time be subject, shall be a sum not
exceeding the amount of capital stock
actually paid in by the stockholders of
said corporation,
ARTICLE
The first board of directors of this cor
poration shall consist of Frank Burg, Viii
liam furg and Max Burg, OF whom said
Frank Burg. shall be President, William
Burg shall be Secretary aud Max Burg
small De treasurer or Sa1d board and of
this corporation; all of whom shall hold
their respective offices until the first an
nua1 meeting of this corporation to be
held on the second Tuesday in January,
elected and qualified, with power of filling
vacancies IS provided for by law.
ARTICLE 10.
The stock, property, affairs, business
and government of this corporation shall
be vested in board of three 90 directors,
all of whom shall be stockholders of this
corporation. Said board of directors, after
the one herein named. shall be elected by
ton at the annual meeting of said stock
holders which shall be held at the office
Of said corporation in the City of New
o'clock P. NJ. on the second Tuesday of
January IN each year, commencing with
the year 1902. Said Board of Directors, ex-
ed for term of one year, and it's members
shall hold Office as such directors until
their successors are elected and qualified.
Provided however, that the stockholders
OF the said CORPORATION may at any annual
meeting thereof. increase the number of
the Board of directors to not to exceed five.
ARTICLE II.
At the first meeting of said Board of Di-
any adjourned meeting thereof, said new
ly elected Board of Directors shall organ
ize by the election from their own number
aud Treasurer, who shall hold their re.
spective Office for the term of one year and
unit! their successors are elected and
of Directors, a ma jority thereof shall con.
stitute quoron for the transaction of
business, buta less number may adjourn
tary and Treasurer may be held by one
and the same person, The Board of Direc-
tors of this corporation shall have the
ulations for the government and manage
ment of the affairs of this corporation.
create and designate manager and other
officers and employees and prescribe the
powers and duties of each and every Off
Ger and employee of this corporation.
IN TESTIMONY WHEREOF, we have here
unto set our hands and seals this 18th day
of January, A. D. 1901.
FRANK BURG, [Sea1.l
WILLIAM BURG, tSea1.1
MAX BURG, [Seal.l
Signed, sealed and delivered in nresence