The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1901-04-25
Articles Of Incorporation
Minnesota Rural Telephone Co.

hnoW all men by these presents, that the I'M.
aeeerslgned for the purpose OF forming a corpora
non under the laws Of the State OF Minnesota,
.od incorporation, to-wit: - e---2z5 49, E55s-
S. - ARTICLE, T. - - 80 - s.
The name Of this corporation shall be Min
snesota Rural Telephone Company; The general
nature OF its business shall be constructing,
toll in the State OF Minnesota: The purchasing
or leasing Of lines now or hereafter constructed:
bulidlng, equipping, selling or leasing to others
TO operate telephone exchanges and to lease or
seu to others telephone instruments and equip
ments; To acquire or sell the necessary lands
erect telephone lines and their connection with
other lines: To acquire own, sell, mortgage or
N any way cucumber any or all real estate and
Heasonai property necessary and incident to
the telephone business: To manufacture. re-
pair or reconstruct any and all telephone appli-
ances or improvements in telephone commune
any patent right deemed necessary or desirable
II connection with, or as a part of the tele-
phone business and generally to do and per-
loIm any ana all things necessary to carry this
article into effect : J
Inc principal place of transacting the bust
ness OF this corporation shall be The Village of
fH,rrlnceton County of Mile Laos and State of
=. ARTICLE II. ~ & =.
The time Of the commencement of this cor
poratlon shall be the first day of May 1901 and
the period OF its continuance shall be fifty $50
years. - - --''->O>
ARTICLE III
The amount Of the capital stock of this COR
poration shall be Fifty Thousand Dollars
G5o 0oO). and shall be paid in as.called for by
the Board of Directors.
I'D ARTICLE ".
me Indebtedness OF this corporation shall
not at any time exceed the sum Of Five Thous-
and Dollars (S5, 0OO.1
=, N. ARTICLE-v.
The name and place Of residence of said in
corporators are as follows Louis Rust, Ed
dents of Princeton, Mile Laos county. and
Louis Erickson and Andrew E. Westling resi-
gents OF Wyanette, Isanti county. all in the
State of Minnesota.
ARTICLE VI. -
The names Of the first board of directors OF
said corporation are Louis Rust, Edward L.
Saxon, Clarence T. Johnson. Louis Erickson
and Andrew E. Westling, and the government
affairs shall be vested in board OF five direc-
tors from whom shall annually be chosen the
following officers A president. vice president,
be elected annually hereafter on the Second eai
Monday OF January of each and every year.
and until the second Monday in January 1902
the persons above named as the first board Of
directors shall act in that capacity and the
said Louis Rust shall be president, the said
Edwa G5. L: Saxon shall be vice president, the
sald clarence T. Johnson shan be secretary
OF said corporation. and on the second Monday
in January 1902 and annually thereafter new
board of directors shall be elected by the stock
holders of said corporation and from their
number said board of directors shall elect the
officers OF said corporation to act for the en-
suing year. .. .
Said election of directors shall take place at
said Princeton and the election of said officers
shall take place as soon thereafter as may be
practicable, and time and place to be then
and there designated by the board OF directors
so elected - -~E-~--=.s--9 = 80
- ARTICLE VII. - zz-5--.1- -
The number OF shares OF the capital stock of
said corporation shall be Two Thousand {2OOO};
and the amount of each share shall be twenty
five dollars &25). 20 =. -
Witness our hands and seals this 10th day OF
April A. D.: 1901. :
LOUIS RUST, -- TSeal I
----~ EDWARD L. SAXON, |Seal1
- CLARENCE TEMPLE JOHNSON, Seal. |
LEWIS ERICKSON, +. fSeal |
-~- ANDREW E. WRESTLING, FSeaL !
In presence of
= ROBERT BURROw -
CHAs. KEITH. -
~ = 70"
STATE OF MINNESOTA,
County of Mile Laos. SIS -
On this 10Th day OF April 1904. personally an.
haf T IIl =