The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1902-02-27
ARTICLES OF INCORPORATION
Rum River Land Company.

Know all men by these presents, that we. tho
undersigned, do hereby associate ourselves to-
getner lot the purpose OF forming a body COR
Porate under and pursuant to title two C),
cnapter thlrty-four (34, of the general statutes
OF the State OF Minnesota for 1884, and the sew
eral acts amendatory thereof; and we do here
1y adopt the following articles of incorpora-~
The name OF this corporation shall be Rum
River Land Company. It's 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
ARTICLE II
The time of the commencement of this cor
poration shall be the first day of March, A. D.
19O2, and the period OF its continuance thirty
years.
ARTICLE Ill
The amount of the capital stock of this cor.
poratlon shall be ten thousand 600 dollars.
and the same shall be paid in as called for by
It's board OF directors.
ARTICLE Nv.
The highest amount of Indebtedness to which
thlS:corporatlon shall at any time be subject
shall 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 5. 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 60 nor more than five (O members who
shall elect 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 the first Monday in March of each year
at ten QO O'Clock A. NJ. at the office of the
company. The first meeting shall be held
March 3rd, 1902.
The board of directors shall meet immedi-
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 I'M
til 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
hundred b. ra QOO shares of one hundred QoD dol
In testimony whereof we have hereunto set
A. D. 1902.
MILTON S. RUTHERFORD, [SeaLl
w
ROBERT w. WEBB, TSeall
Signed. sealed and delivered
in the presence of
ALFRED L. HILL
A. B. WHITNEY.
STATE OF MINNESOTA,
County of Hennepin. So
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 3 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, g.,
State of Minnesota. (ss'
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. M.
ELMER M. CHAPMAN
Register of Deeds.