The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1904-09-16
ARTICLE V.

ARTICLEV
The names and places of residence of the
persons forming this corporation are as fol-
lows, t0-wit:
Albert @. Osborn. Virginia, Minnesota
Edward G. Bush. Virginia. Minnesota.
Sylvester Pollock. Virginia, Minnesota.
ARTICLE vi.
The government of this corporation and the
management ofits affairs shall be vested in q
board OF three go directors, who shall he
stockholders OF this corporation, and the fol-
lowing officers to be chosen by said board of
directors from among the stockholders of
SAID corporation, tO-wit: president, vice.
president. secretary, and treasurer. Any two
ca OF said offices may be held by the same
person with the exception of the offices of
president and vice. president.
The directors shall be elected by the stock
holders by ballot. on the second { End Tues
day In January of each year after the rear
1904. each stockholder being entitled to cast
as many ballots AS he has shares of stock at
such meeting.
The board of directors shall at their first
meeting. after the annual meeting. in each
year, elect from the stockholders of said cor
poration. president. vice-president, secre-
tary and treasurer: said officers and directors
~~~~-- 0~~o'' ~01~
the second c2ndo Tuesday in January until
the second t2nd Tuesday in January of the
following year; and until their successors
are elected and have accepted and qualified
Until said officers shall be elected tho fol-
lowing named persons shall act as the first
board OF directors, to-wit: Albert O. Osborn,
Edward G. Bush and Sylvester Pollock and
until said election the following named per.
sons shall be officers of said corporation. to-
wit: Albert c. Osborn. president and treasur-
er; Sylvester Pollock, vice-president and
Edward G. Bush, secretary.
The first regular election of directors shall
be held on the first Qst) day of October, 1904.
ARTICLEVu.
The number of shares OF the capital stock
OF said corporation shall be Two Hundred
and Fifty { 26Oo. and the par value of each
share shall he One Hundred 800 O0o Dollars.
ARTICLE VIII.
The capital stock of this corporation shall
be ass1gaable and transferable upon the
books OF the corporation in accordance with
its bylaws and not otherwise. =;
The corporation shall have the right to pur-
chase any of its stock which may be offered
to 1t by any stakeholder
All stock OF this corporation purchased nv
1t In conformity to the provisions of this ar
tlcle or the bylaws OF said corporation NAV
be sold by the board of directors to such per-
son or persons as the board shall deem ukelv
to add to the stability of the corporation. At
such price not less than par as the board
shall deem for the best interests of the cor
poratton and all and every offts stockholders.
In Witness Whereof, We. the undersigned.
nave hereunto sci our hands and scala In
tr1plicate. at Virginia, Minnesota. thta Ard
Gay OF september, In the year OF our Lord one
thousand nine hundred and four.
ALBERT O. OSBORN lSeal1
EDWARD G. BUSH. (seal1
SYLVESTER PoLrock. iseali
Signed, sealed and delivered
in presence of + w. =
GEO. MALEsKI. ~, #
N. B. ARNOLD. >..-.
STATE OF Minnesota, County OF st. Ll,nts "a
On this 3rd day of September. A. n 1ou
before me, notary public within and for
SAID county and state. personally appea rcd,
Albert O. Osborn. Edward g. Bush and svI.
vester Pollock. to me known to - tha
cons described In and who executed the With
In instrument and Acknowledged thai thew
executed the some as their free act and deed.
lseal] H.. NoRvut, A..o,n 49, =
Notary Public. st. Louis County. Mlnneso.a.
OFFICE OF REGISTER OF DEEDS.
state OF Minnesota. County Of St. Louis. =.
hereby certify that the within instrument