The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1903-06-25
Articles of Incorporation
THE LONGS MERCANTILE co.

We: the undersigned. for the purpose OF or
ganizing corporation according to provisions
| OF title two. chapter thirty-four of the general
statues Of 1894 Of the State Of Minnesota and
| sociate ourselves and to that end do sign and
adopt the following articles Of incorporation:
ARTICLE I.
The name of this corporation shall be The
Longs Mercantile Co. The general nature of
it's business shall be the buying and selling of
potatoes. wood, lumber and all classes of goods,
wares and merchandise necessary in conduct
ing general mercantile business and such
thereto.
The principal place of business of this cor
poration shall be Longs Siding. Princeton
| township. county of Mile Lacs State of Min
neSOta.
ARTICLE II.
The time of commencement of this corpora
ton shall be the first day of July, 1908 and the
period OF its continuance shall be thirty years.
ARTICLE III.
The capital stock of this corporation shall be
Ten Thousand Dollars (S10,000.0O) which shall
be divided into one hundred shares of One
Hundred a. Dollars $4,000 each, of which the
sum of Five Thousand Dollars has been paid in
| and the balance shall be paid in as required by
the board of directors.
ARTICLE w.
The highest amount of Indebtedness or liza
bility which this corporation shall at any time
be subject shall be Twenty Thousand Dollars
CSC, 000.00)
ARTICLE "
The names and places of residence of the
persons forming this corporation are H. E.
Thomas and Charles E. Healy residing in the
city of Minneapolis, Minnesota and B. f. Reem
residing at Longs Siding, Brickton P O..
Mile Laos county, Minnesota.
ARTICLE VI
The names of the first board of directors are
Reem, who shall each hold his office until the
first annual election and until his successor is
elected and qualified
The first president shall be H. E. Thomas.
| the first vice-president and treasurer shall be
Charles E. Healy and the first secretary shall
be B. F. Reem.
management of its affairs shall be vested in a
| board OF three directors who shall be stock
| holders and who shall be elected by the stock
held on the first Monday in January of each
year commencing with the year 1904 at the
| principal office of said corporation at Long,
Minnesota.
In case the said directors are not elected at
the time above mentioned they may be elected
| at any subsequent meeting of the stockholders
called for the purpose.
Immediately on their election the board of
! directors shall choose from their number a
president, Vlce-preSldent, secretary and treas
| urer. The offices OF vice president and treas
urer may be held by the same person. Each Of
said officers and directors shall hold office for
| one year and until his successor is elected and
duly qualified.
! The board of directors shall have power to
appoint and designate the duties of such off,
GERS as they shall deem necessary to the proper
| conduct of the business OF such CORPORATION
| and make such bylaws and other rules and
| regulations not inconsistent with these articles
| or contrary to law, as they may deem necessary
| or proper for the government of said corpora
| ton.
In witness whereof we have hereunto set our
hands and seals this End day of June, 1908.
! H. E. THOMAS, (Seal.)
CHARLES E. HEALY, (Seal. )
| 3. F. REEM, (Seal)
In presence OF
| SYDNEY ENGLISH,
| J. j. SKAHEN.
STATE OF MINNESOTA. 49,
County of Hennepin. S.
| Re it known that on this End day of June
| 1905 personally appeared before me H. E.
| Thomas and Charles E. Healy to me person
| ally known to be two OF the persons described
| in and who executed the foregoing articles of
| incorporation and acknowledged the execution
| of the same to be their free act and deed.
| REGINALD HEALY.
| IN. P. Seal) Notary Public, Minnesota.
STATE OF MINNESOTA,
| County of Mile Laos.
| Be it known that on this 10th day of June
| 1908. personally appeared before me B. f. Reem
| to me personally known to be one of the per-
| sons described in and who executed the fore
going articles of incorporation and acknowl-
edged the execution of the same to be his free
act and deed .
j. J. SKAHEN,
IN. P. Seal) Notary Public, Minnesota.