The Irish standard., 1903-10-17
ARTICLES OF INCORPORATION
OF
OF
PERCIvAL-sMITH CIGAR co.


For the purpose of forming corpora
ton under the provisions of Title two (y,
Chapter thirty-four (34), Of the Generar
Statutes of Minnesota, for the, wear 1S78
and the acts amendatory thereto, we
the undersigned hereby adopt and sign
the following
ARTICLES OF INCORPORATION.
ARTICLE T.
The name of this corporation shall be-
the Percival-Smith Cigar Co.
The general nature of its business shall
ne to buy and sell cigars, tobaccos and
smokers sundries.
The principal place of transacting the
business of said corporation shall be the
City of Minneapolis, County of: Henne-
PIN and State of Minnesota
ARTICLE IT.
The time of the commencement of this
corporation shall be October Goth, A. D.
1AH and the period of the continuance
thereof shall be thirty (3O) years.
ARTICLE III.
The capital stock of this CORPORATION
snail be Fifty Thousand Dollars (s5O, 0OO).
to be paid in from time to time as the
board of directors shall decide, and the
said stock shall be divided into common
and preferred. as may be determined nv
the stockholders Of this corporation, at q
meeting specially called for that pur-
pose at which said meeting the nature
of the preferred stock and the form of
the certificate to be issued therefor shall
also be determined.
ARTICLE ".
The highest amount of Indebtedness to
winch this CORPORATION shall at any time
he subject shall be Forty Thousand
Dollars ($4O,OOO)
ARTICLE "
The names and places of residence of
the persons forming this corporation are
as follows: John A. PercivaI and Adm
Bnrdick. of MINNEAPOLIS, Minnesota, and
Elmer p. Smith of Fargo. North Dakota
ARTICLE vi.
The names of the persons constituting
the first Board of Directors are John A.
Percival, Elmer f. Smith and Adm Bur-
dick.
The government of this corporation and
the management of it's affairs shall be
vested in a Board of Directors consisting
of three (S) stockholders, and the said
Board of Directors. after the one named
herein. shall he elected at the annual
meeting of the stockholders, to be he'd
in the City of Minneapolis. Minnesota,
on the first Tuesday in January of each
year. beginning with the first Tuesday in
January. A. D. 1904.
The Board of Directors shall have
power to establish Bylaws for the man
business, and to elect and appoint such
executive officers and agents as it may
deem necessary: and until their success
ors shall have been elected and entered
upon the discharge of their duties. the
following shall he the officers of said
corporations: John a. Percival, Presi-
dent; Elmer r. Smith. Vice-President;
and Adm Burdicls Secretary and Treas
urer.
ARTTCT.1 IL VII
The number of shares of the Capital
Stock shall be five hundred 5000. and the
amount of each share shall be One Hun
drcd Dollars ($100>.
IN WITNESS WHEREOF. We have
hereunto set our hands this 10th day of
October, A. D. 1903
JOHN a. PERCIvAL.
ELMER II. SMITH.
Adm BURDICK,
In Presence of:
GEO w. CALDWELL,
AUG. G. ERICKSON,
AS to J. A. Percival.
GEO. w. CALDWELL.
AUG. G. ERICKSON,
AS to Z. r. Smith.
GEO. w. CALDWELL.
AUG. G. ERICKSON,
AS to Adm Burdick.
STATE OF MINNESOTA, COUNTY OF
Hennepin-ss:
On this 18th day of October, A. D. 1903.
before me, Notary Public, within and
for said County, personally appeared
John A. Percival and Adm Burdick, to
me known to be two of the persons de-
scribed in and who executed the fore
going instrument, and severally acknow!-
edged that they executed the same as
their free act and deed.
GEO. w. CALDWELL,
Notary Public,
Hennepin County,
Minnesota.