The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1905-05-11
ARTICLES OF INCORPORATION
OF THE
SH6h-RyhN COMPANY.

SH6h-RyhN COMPANY.
Know All Men by These Presents:
That we, the undersigned, have this
day associated ourselves together fol
the purpose of forming a corporation
pursuant to the provisions of Title
Two ~ of Chapter Thirty-four (34,
of the General Statutes of the State Of
Minnesota, and for that purpose dc
sign and adopt the following Articles
of Incorporation.
ARTICLE l.
The name of this corporation shall
be the "Shea-Ryan Company" and
the principal place of transacting its
business shall be the City of Sank
Centre, Stearns County, Minnesota.
ARTICLE II.
The time of commencement of said
corporation shall be the 18th day OF
May A. D. 1905, and the period of it's
continuance shall be thirty years.
ARTICLE III.
The amount of its capital stock
shall be Fifty Thousand Dollars
$3.50, OOO.OO) which shall be divided
into One Thousand Shares of the par
value of Fifty Dollars each and shall
be paid in as called for by the Board
of Directors. One half of said stock
shall be preferred stock and one half
common stock and no certificate of
stock shall be issued until the stock
which it represents is paid for in full.
ARTICLE ".
The highest amount of Indebtedness
or liability to which said corporation
shall at any time be subjected shall
be Twenty-Five Thousand Dollars,
(S25, 100000
ARTICLE V.
The general nature of the business
in which said corporation shall en-
gage shall be the dealing, at wholesale
or retail or on commission, in
groceries, fruits, confectionery, cigars
and tobacco and produce, and such
other commodities as may be from
time to time determined upon by the
Board of Directors.
ARTICLE vi.
The government of this corporation
and the management of it's affairs shall
be vested in Board of Directors con-
sisting of three stockholders, and
said Board of Directors shall be
elected by the stockholders at their
annual meeting on the first Monday
in January in each year.
ARTICLE VII.
The officers of this corporation shall
be President, President, Secre-
tary and Treasurer, who shall be
elected annually by the Board of
Directors and whose powers and
duties shall be prescribed by the by
laws. The office of Secretary and
Treasurer may be held by the same
person.
ARTICLE VIII.
The names and places of residence
of the persons forming this corpora
ton are M. A. Shea, residing at Sank
Centre, Minnesota, F. G. Troppman,
at Fergus Falls, Minnesota,
J. w. Ryan, residing at Minneapolis,
and J. M. Wilson, resid-
ing at Verndale, Minnesota.
ARTICLE TX.
F. G. Troppman shall be the first
]. w. Ryan the first Vice
President; and M. A. Shea the first
Secretary and Treasurer; and they
shall form the first Board of Directors.
In witness whereof we have here
unto set our hands this first day of
May A. D. 1905.
F. G. Troppman
M. A. Shea
J. w. Ryan
In presence OF j. M. Wilson
L. r. Barto
G. w. Suckstorff
STATE OF MINNESOTA, (ss.
County of Stearns. '''
On this 1st day of May A. D. 1905,
before me, Notary Public, within
and for said county, personally ap-
peared F. G. Troppman, M. A. Shea,
J. w. Ryan and ]. NJ. Wilson to me
known to be the persons named in
and who executed the foregoing
instrument and acknowledged that
they execute the same as their free
act and deed.
: (Seal) L. R. Barto,
Notary Public,
Stearns Co., Mimi.
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