The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1903-10-29
Articls of Incorporation of L. S
Bishop Co.

OASNOP w.
The undersigned hereby associate
themselves together for the purpose
of forming a corporation under the
provisions of Title of Chapter "a of
the General Statuets of 1894 of the
State of Minnesota, and amend
ments thereto If any, and for that
purpose do hereby adopt, execute
and acknowledge these Articles OF In
corporation as follows, to-wit:
ARTICLE 1.
The name of this corporation shall
be l.. S. Bishop Co.
ARTICLE II.
The general nature of the business
of said corporation shall be the buy
ing and selling of merchandise at re-
tail or wholesale and buying and SELL
ing real estate and owning the same,
leaning money and the doing of any,
thing properly, incident or necessary
to said business or connected there
with and to do any and all other law
full business, and the principal place
of said businnss shall be at the CITY
of Sank Centre, Stearns county.
Minnesota
ARTICLE III.
The time of commencement OF said
corporation shall be the thirty-first
day of October A. D. 1903, and shall
continue for thirty years.
ARTICLE ".
The capital stock of said corpora.
ton shall be ten Thousand dollars $50.
0OO.GO) divided into four hundred
shares of twenty-five dollars each and
shall be paid in at such times as the
| Board OF Directors shall require; pro
yided that no stock shall be ISSUED
until it is fully paid up. The highest
amount. of Indebtedness to which sale
corporation shall be liable shall be ter
Thousand dollars.
ARTICLE V.
The names and place of residence O
the persons associated in forming thi
corporation are
= L. S. Bishop,
G Sank Centre, MINI
| N. G. NICHOLSON,
| Sank Centre, Mimi
! Fl. w. BISHOP,
! Sank Centre, Mimi
ARTICLE vi.
The government of this corporation
and the management of it's affair
shall be vested in a board of director
consisting Of three stockholders O
this corporation, who shall be electe,
annually by the stockholders, at thei
annual meeting, which shall be bel,
on the first Monday OF November il
each year; provided, that the presi
dent shall call a special meeting O
the stockholders at any time on th
written request of a majority of tn
stockholders owning a majority Q
the stock Of said corporation, sue
meeting to be called by giving motto
as provided in article eight of thes
articles and at such special meeting Q
the stockholders any director may b
removed from the Office of directo
and the vacancy thus caused, filled b
a vote of the holder or holders of
majority of the stock, each share O
stock being entitled to one vote.
The names of the first board of di
rectors are L. S. Bishop, N. G. Nicho
son and H. W. Bishop who will hol
their offices until the annual meetin
of the stockholders of this corpora
tion in the year 1904, and until thei
successors are elected and qualified b
accepting Office.
ARTICLE VII.
The officers of this corporation shal
be president, vice-president secretar
and treasurer, who shall be elected b.
the Board of Directors at their frs
meeting after the annual meeting 10
the stockholders in each year; the1
term of Office shall be one year and IN
til their successors are elected AM
qualified and their powers and dutie
shall be prescribed and defined from
time to time by the Board of Directors
The office of treasurer, and presi
dent or vice president may be held b.
the same person.
| ARTICLE VIII.
Regular meetings of the Board o
Directors shall be held on the fits
Monday of each and every month a
eight O'Clock p. m. and special meet
ings of the board may be called b.
the president at any time on tw
days notice to each of said directors
such notice to be in writing ant
mailed to each director at his las
| known post Office address or by de