The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1903-05-27

OF the Laws Of the state of Minnesota, ii
such case made and provided, and to tina
sign the following articles of association
and incorporation:
ARTICLE l.
The name of this corporation shall be
the Redwood Falls Lake, Park and Boat AS
ISOLATION.
ARTICLE II.
The principal place of business of thi.
corporation shall he Redwood Falls Min
nesOta.
ARTICLE III.
The object and purpose of this corpora
ticn and the general nature of its business
shall be buying, selling, owning. improving
and mortgagfng lands; to establish. operate
and own boats and other water craft to be
maintaining of boat and bath houses and
the establish Of parks on Redwood Falls
ana On a ana the Inn
purposes of navigation and for park and
bathing purposes.
This corporation shall commence on the
18th day of June, A. D. 1908 and continue
for period of twenty years.
ARTICLE ".
The amount of capital stock of this corpo-
ration shall be limited to and is fixed at the
sum of ten thousand dollars, divided into
one hundred shares of one hundred dollars
each. At least forty per cent of said capt.
tai stock shall be subscribed and paid up be-
fore this corporation commences business,
scribed for in such installments as the board
OF directors shall direct and order. provided
that at least ten per cent of all stock sub
Scribed for, after the said forty per cent. is
subscribed and paid shall be paid at time of
subscription.
ARTICLE vi.
The highest amount of Indebtedness or Ii
ability to which this corporation shall at
any time be subject or incur shall be five
thousand dollars.
ARTICLE VII.
The names and place of residence of the
persons entering into this association and
A. Baldwin, J. A. Schmahl, o. L. Dornberg,
Fred L. Warner, F. M. Isham, j.. A. Pease,
Q. Fred. Thompson, 1. N. Tompkins, Z. w.
Mead and George Jaehning. all of whom re-
county, state of Minnesota.
ARTICLE VIII.
This corporation shall be managed and
governed, its business transacted and all it's
affairs conducted by board of directors
all of whom shall be stockholders, and said
directors shall be elected by the stockhOld
ers by ballot annually, on the first Tuesday
after the first Monday in March of each
year after the year 1908, and shall each
hold his office for term of one year and uu
til his successor shall be elected and shall
have accepted the office.
Said board shall have power to employ an
attorney when they shall deem it necessary.
and may adopt all rules and regulations
which they may deem necessary in the man.
agement and conduct of the business of this
corpor alton and for the government of the
board of directors, not inconsistent with
these articles.
uThe following named persons shall be the
first board of directors: H. A. Baldwin. j. A.
Schmahl, L N. Tompkins. Fred L. Warner
and F. M. Isham.
ARTICLE TX.
The officers of this corporation shall be
a president, vice president, secretary and
who shall be elected annually by
the board of directors from among their
own members Immediately after the annual
election of the directors.
The following named persons shall be the
Officers of this corporation and shall serve
until the annual election of 904. viz: H. A.
Baldwin president, E. A. Pease ice-presi-
dent. I. N. Tompkins secretary and G. w.
Mead treasurer.
Vacancies in any Office shall be filled by
the board of directors at any meeting there
of, regular or special. and each appointee
shall hold his office until the next annual
election.
In witness whereof we have hereunto set
our hands and affixed our seals this 14th day