The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1902-02-20
ARTICLES OF INCORPORATION
Rum River Land Company.

hnoW all men by these presents. that we, the
Undersigned, do hereby associate ourselves to-
getner Tor the purpose OF forming a body cor
chapter thirty-four sD Of the general statu E;
OF the State OF Minnesota for 1894, and the sew
eral acts amendatory thereof; and we do here
ny aoopt the following articles of incorpora-
ARTICLE
The name OF this corporation shall be Rum
River Land Company. Its business shall be
dealing in lands, tenements and hereditaments,
and the transaction of such other business as
IS consistent Herewith. The principal place
for the transaction Of the business of said cor
poration shall be Princeton, Mile Laos county,
Minnesota. i-t-s- -
ARTICLE II
The time Of the commencement of this COR
poration shall be the first day Of March, A. D.
years. --''- <"i
ARTICLE III.
The amount OF the capital stock of this cor
poration shall be ten thousand 10 OOO) dollars.
and the same shall be paid in as called for by
It's board of directors.
ARTICLE w.
The highest amount OF Indebtedness to which
this corporation shall at any time be subject
snail be twenty-five thousand (25,0O0) dollars.
ARTICLE.V.
The names and places of residence of the per-
sons forming this corporation are as follows:
Milton s. Rutherford, Princeton Minnesota
BENJAMIN Webb, Minneapolis, Minnesota.
ROBERT w. Webb, Minneapolis Minnesota.
ARTICLE vi.
The government OF the corporation and the
management of its affairs shall be vested in
board of directors consisting of not less than
three 90 nor more than five o. MEMBERS who
shall elect a president vice president, secre-
tary and treasurer Of the corporation and ap-
point such other officers and agents as they
may deem necessary. One person may at the
same time hold the office Of secretary and
treasurer.
The directors shall be elected by the stock
holders at the regular annual meeting to be
held on 1T, the first Monday in March Of each year
March sra, 1902. - - n'''s'ns Sl'"1 o0 leu
The board OF directors shall meet immedl-
ately after their election to elect other officers
The names OF the directors and officers who are
to serve until the first annual meeting, and un-
I'll their successors are elected and have quail
Directors: Milton S. Rutherford, BENJAMIN
Webb, Robert W. Webb.
President: Milton S. Rutherford.
Vice President: Benjamin Webb.
secretary and treasurer: Robert w. Webb.
ARTICLE VII.
The capital stock shall be divided into one
~ a QoW shares OF one hundred CoO dol
In testimony whereof, we have hereunto set
our hands ad and seals this 18th day OF February,
MILLIONS. RUTHERFORD, [Seal1
BENJAMIN WEBB, ISeal.1
+ ... ssa ROBERT w. WEBB, TSeal1
Signed. sealed and delivered
IN the presence of -~-t +-- - 100
ALFRED L. HILL
A. B. WHITNEY.
STATE OF MINNESOTA, ! ~
County of Hennepin. u.s.
On this 18th day OF February, A. D. 1902 be-
fore me notary public within and for said
county, personally appeared Milton S. Ruther-
ford, Benjamin Webb and Robert w. Webb, to
me known to be the persons described in and
who executed the foregoing instrument, and
acknowledged that they executed the same as
their free act and deed
NOtarial Seal.] ALFRED L. HILL
Notary Public, Hennepin Co., MINI.
STATE OF MINNESOTA,
Department of State.
hereby certify that the within instrument
was filed for record in this Office on the 18th day
OF February, A. D. 1902, at 8 o'clock P. NJ, and
was duly recorded in book B. 3 of incorpora-
tions.
P. E. HANSON
Secretary OF State.
Office of Register of Deeds.
County Of Mile Laos, lss.
hereby certify that the within instrument
was filed in my Office for record this 18th day of
February, A. D. 1902, at 10 o'clock A. NJ
ELMER M. CHAPMAN
Register of Deeds.