Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1905-08-09
Articles o. Inc orpora tion 81 Gil I.
bert o. Sand G COMPANY

-
Be II known THAT We, whose names are
hereunto subscribed, do hereby associate
ourselves for Incorporation under the provi-I
.ions OF Title Of Chapter 81, Of the General
statutes of Minnesota, Of 1891, and acts
thereof and TO that end have
agreed to and do hereby adopt the following
articles. =.. 81 .z =
q s*. {. ...ss= % ARTICLE /. =.
The name Of this corporation shall be Gil
bert o. Sand Company + ~
The general nature Of its business shall be
to buy and sell ct Wholesale and retail, gents
clothing, goods, wares and mer-
<5*z.. 5@%=H# 81
The principal place Of business shall be at
the City of wilmer, County Of Kandiyohi
and state Of Minnesota. g5a= sSss<= J
: @~*. ARTICLE II. >
The time Of the commencement of this cor
poration, shall be the 9Th day of August, A.,
d. 1905, and the period of the continuation
of this corporation shall be thirty 900 years.
=. -. ARTICLE III. ....s ". :..
The capital stock of this corporation shall
be fifteen thousand dollars l$15, OOO.OO) and
the same shall be paid In as ordered by the
board of directors. 80 -*.:@ y:.~ I
ARTICLE ~ % s.. a..
The highest amount of indebtedness or liza
bility to which this corporations shall at
any one time be subject shall be seven thou
sand five hundred dollars l$7, 5OO.0O).
ARTICLE "
The names and place of residence of the
persons forming this association for incor-
poration are as follows: Gilbert o. Sand,
Wil1mar, Minnesota; Mrs. Alexandra Sand,
Willmar, Minnesota; A. ". Benson, Minnea-
polls, Minnesota.
ARTICLE vi.
The government of this corporation and
the management of its affairs shall be vested
in board of three 90 directors.
The executive officers of this corporation
shall be president, vice president, secretary
and treasurer, and two Of which Offices ex-
cept president and vice president may be held
by one person.
The names of the first board of directors
Of this corporation are Gilbert o. Sand, Mrs.
Alex andra Sand and A. w. Benson, and its
first executive officers are Gilbert o. Sand,
president and treasurer, and A. w. Benson,
vice president and secretary; all of whom
1 shall hold Offices until the first annual meet
ing of its stock holders or until their success
ors are elected and qualified.
The annual meeting Of the stockholders of
this corporation shall be held on the third
Tuesday of July in each year at 10 O'Clock a.
m, and at each annual meeting of the stock
holders board of three 90 directors shall
be elected by the stockholders, which direct
ors shall hold Office until the next annual
meeting or until their successors are elected
and qualified.
ARTICLE VII.
The capital stock of this corporation shall
be divided into one hundred and fifty Q5O)
shares of the par value of one hundred dol
lars ($1oo.oo) each.
In witness whereof, we have hereunto set
our hands and seals this 22nd day of July,
A. D. 1905.
GILBERT o. SAND, (Sea1)
MRS. ALEXANDRA SAND. (Seal. }
A. w. BENSON. (Seal }
In presence of
EDWIN G. RUBLE.
LILLIAN BENSON.
BORGHILD. SAND.
STATE OF MINNESOTA, County of Kan
diyohi-ss.
On this 22nd day Of July, A. D. 1905, be-
fore me, a Notary Public, within and for said
county, personally appeared Gilbert o. Sand,
Alexandra Sand and A. W. Benson, to me
known to be the persons described in and
who executed the foregoing instrument, and
acknowledged that they executed the same
as their free act and deed.
EDWIN G. RUBLE,
Notary Public.
Kandiyohi County, Minnesota.
(Notarial Seal.)
E. G. RUBLE, Attorney, Willmar. MINI.