The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1903-10-09
ARTICLE 7.

ARTICLE l.
The name OF this corporation shall be the
SOUTH SIDE REALTY COMPANY. The
general nature of it's business shall be to buy,
acquire hold, mortgage, lease, sell, improve
and convey lands, tenements and heredita-
ments, real. mixed and personal property,
and to carry on the business Of mining,
smelling and working of iroL. copper and
other minerals, and for the production of
precious metals. and to do all such acts and
things and to hold and dispose of all such
property as may be necessary. incidental aud
convenient to the general purposes herein
EXPRESSED.
The principal place for the ~transacting of
the business of this corporation shall be Vir-
ginia St Louis County. Minnesota.
ARTICLE II.
The time Of the commencement of this COR
poration shall be October 18th, A. d. 19O3 and
shall continue for Il period of thirty years.
ARTICLE III.
The amount of the capital stock of this cor
poration shall be Ten Thousand Dollars
(sloGo.oo), which shall be paid in cash or in
other property, at such time and in such
manner and in such amounts as the Board of
Directors shall determine.
ARTICLE w.
The highest amount of Indebtedness or liza
bility to VIII oh said corporation shall at any
time be subject shall be Ten Thousand Dol
lars 10,0OO.OO). "'
ARTICLE ".
The names and places of residence of the
persons forming said association for incorpO-
ration are:
Jacob Stein, Edmund J. ORourke. Milford
~ n@l. IT,. = MI
all residing at Virginia, Minnesota, and
Henry A. Liedel and James T. Hale, residing
at Duluth, Minnesota.
= ARTICLE W..
The government of this corporations. and
the management OF its stock, property, at
fairs and business shall be vested in a Board
OF Five Directors, to be elected annually from
among the stockholders at the annual meet
ing, and the following officers to be elected
by the Board of Directors from among their
number. viz: President, Vice-president, Sec
rotary and Treasurer, who shall hold their
respective offices for one year and until their
successors have been duly elected and quail
fled. and any two of said offices may be held
by the same person. The Board of Directors
shall adopt such bylaws for the government
and management of said corporation, not in
consistent herewith, as they may deem neces-
sary and proper.
Milford G. Palmer. Edmund J. O'Rourke,
John A. Stein, Nels Anderson AMI Henry A.
Liedel shall constitute the First Board of
Directors, and until their successors have
been duly elected and qualified, the follow
ing named persons shall be the officers of said
corporations: Jacob Stein, President; Henry
A. Liedei, Vice-president, and Edmund J..
O. ROurke, Secretary and Treasurer.
The annual meeting Of stockholders shall
be held at the Office of the corporation at Vir-
ginia, Minnesota on the second Tuesday Of
January, A. d. 1904, and annually thereafter
on said date at two o'clock in the afternoon.
The number of shares of the capital stock
of said corporation shall be One Thousand
600, of the par value of Ten Dollars each.
IN WITNESS WHEREOF, The above
named incorpurators have hereunto set their
hands and seals this 18th day of September,
A. D. 1905. 49,. 80. +.
JACOB STEIN. ., tSeal]
EDMUND J. ORoURKE. lSealI
j. MILFORD G. PALMER. lSeal1
1 HENRY A. LIEDEL. lSeal1
: JOHN A. STEIN, - [Seal1