The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1901-05-02
Articles Of Incorporation
Minnesota Rural Telephone Co.

know all men by these presents, that the I'M
derslgned for the purpose of forming corpora
tl TIC under the laws of the State OF Minnesota,
40 hefeDy adopt and sign the following articles
VI incorporation, tO-wit:
ARTICLE l.
Inc name Of this corporation shall be Min
neSota Rural Telephone COMPANY: The general
nature OF its business shall be constructing.
luaSlntalnlng and operating telephone lines for
| Toll IN the State of Minnesota: The purchasing
or leasing OF lines now or hereafter constructed:
bu1lolng; equipping, selling or leasing to others
TO operate telephone exchanges and to lease or
sell TO others telephone instruments and equip
mIents; 10 acquire or sell the necessary lands
erect telephone lines and their connection with
other lines: To acquire. own sell mortgage or
IN any way cucumber any or all real estate and
R sa dGa 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
cdt1on; 10 purchase, own. lease, Sublet or sell
any patent right deemed necessary or desirable
IN connection with. or as a part OF the tele-
phone business and generally to do and per-
artlcle into effect.
The principal place of transacting the busi-
ness OF this corporation shall be The Village of
Minnesota
ARTICLE II.
The time OF the commencement of this cor
poratlon shall be the lirst day OF May. 1901, and
years. WV
ARTICLE III.
ahe amount Of the capital stock Of this cor
(s5GOo0). and shall be paid in as called for bv
the Board of Directors.
ARTICLE ".
The Indebtedness of this corporation shall
not at any time exceed the sum OF Five Thous-
and Dollars (S5,00W.
ARTICLE V.
The name and place of residence of said in
corporators are as follows: Louis Rust, Ed
ward L. Saxon and Clarence T. johnson. resi-
dents Of Princeton, Mile Laos county and
Louis Erickson and Andrew E. Westling resi-
gents OF Wyanette, 1santi 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..
Sa5on: Clarence T. Johnson Louis Erickson
ana an Andrew E. Westling,, and the government
| OF SAD corporation and the management of it's
AFFAIRS shall be vested in a board Of five direc-
! tors from whom shall annually be chosen the
following officers: A president, vice president
secretary and treasurer and said officers shall
| be elected annually hereafter on the second
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
| Edward L. Saxon shall be vice PRESIDENT the
said Clarence T. johnson shall be secretary
and the said Louis Erickson shall be treasurer
| 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
! snail 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.
| ARTICLE VII.
The number Of shares of the capital stock of
said corporation shall be Two Thousand (2OOU.
ana the amount OF each share shall be twenty
five dollars S25).
Witness our hands and seals this 10th day of
April A. D.. 1901.
LOUIS RUST. ISeal I
EDWARD L. SAXON Seal |
CLARENCE TEMPLE JOHNSON ISeal !
LEWIS ERICKSON. ISeal /
ANDREW E. WESTLING. {Seal |
IN presence Of
ROBERT BURROw.
CHAs. KEITH.