The Minneapolis journal., 1902-11-01
ARTICLES OF INCORPORATION OF THE
PILLSBURY-WATKINS COMPANY.

PILLsBURY.WATKINs COMPANY.
the nndesgned n hereby associate
getasr her IS b9dy corporate t and polite =
Ia nesota of 1885, and Of the acts amendatory
thereto and do to that end adopt the Articles
The name of this corpora tion shall be the
Pillsbury " atkins Company; the general nature
Of its business shall BIZ to purchase, fell, cut.
deal any and all Of ann snd
all products thereof, whether such timber shall
s be growing, standing tan fellea or fallen and as
said state and to that end. among other things.
to purchase own and hold and whenever deemed
kinds Of timber lands. whether situate without
or within said state; and to fell, cut and remove
timber thereof at such times, in such manner,
and by such instrumentalities as it may deem
P55opsr; 5opps; and such timber or any part or parts
ties or any other forms Of timber product as
may fro from a, time to time appear most e1pedient:
and disposition Of all such timber and products
shSreof to purchase construct hire maintain
state; any and all necessary or convenient mills,
supply stores. stocks Of
facilities usual in Of adapted to any part anq
Of Of the Sunsss tSf f0rsssid s,d The
city of h'n0saO0li; As41c1'E II said state. ~ -
shan shan be on the fifth day Of November, A. D.
isSS and the period of its continuance shall bs
.. ARTICLE III ,.
q. me amount OF capital stock Of said corporation
es each of hss
Of such par vaue sha ansl be fse1s
after paid to said Treasurer ct such time or times
81 such H. payment shall be 50 made Without regard d
70 70 the amount OF capital stock which shall then
| ARTICLE Nv.
Iae highest amount OF Indebtedness or liabil-
be subject shall 'be two hundred thousand 's doi.
| lars. . lG- ~ wv
The names and places Of residence of the per-
sons forming this association for Incorporation
/ william T. Watkins residing at St. Paul.
Alfred F. Pillsbury, residing at Minneapo,iz.
Henry P. Watson, residing at Minneapolis,
Ths W,. names Of the first Beard Of Directors
The The said viii; William T. Watkins shall be the
hs s ee tse sS @
liam L. Watkins shall be the FIRST General Man
i The government of this corporation and the
management of its affairs shall be vested in
81 three nd each Of whom shall be
| by ballot by. the stockholders at their annual
Of se in
second Wednesday in October in each year. and
euo3ecs 70 such Board, In President Vice Presi-
| dent and General Manager, each Of whom shall
be Director, and shall, after the said year 1902
be elected by the Board OF Directors at its an.
II eaef OF the ensuing
| annual meeting said Board shall also elect a
Treasurer and Secretary of said corporation
pleasure of said Board. Neither such treasurer
| nor such Secretary need be stockholder, and
one person may at the same time hold both Offices
The Board o., of Directors may, at any. meeting
| thereof fill any vacancy whether in their own
number OF In "a any XRTIGIS efhes Sfafn: Tfi
The number Of shares in the capital stock Of
this corporation shall be one thousand 1.OO0)
and the amount OF each share shall be one
ARTICLE VIII. -.
| VOTES-At every meeting of stockholders,
each share Of the capital stock shall entitle the
| proxy. -r--s. So
BY-LAwS-Subject to the right Of the stock
; otherwise supersede the same. the Board Of
Directors may establish any and all by laws rules
and regulations not contrary to law. aud amend.
} shall be by said Board from time to time deemed
| expedient for the management. OF the affairs OF
| said corporation. - 2sz5 = ~
provided every officer and director, whether.
> hereinbefore named and hereby appointed. or
hereafter elected, shall hold his Office Offices
pointment or election and until his successor
shall 6e dTy eIssssd Or asPon1ded a.
GERS not be elected at the time hereby xp,
pointed for an annual meeting they any OF
them may be elected at special meeting duly
, In witness whereof, we have nereunto set our
hands and seals, this 2sth day Of October, A. D,
1902
x4EkHEp NfH F. i R1ESESs9kY.' MSsSiSs' |ss:I ss:I
In presence Of