Warren sheaf., 1905-04-06
Articles of Incorporation
OF
WARREN MERCANTILE co.

For the purpose OF organizing corporation
under !! and in accordance with the provisions of
G dlSle gWe ~ OF Chapter thirty-four C3D of the
1873 and of the Laws amendatory thereof and
supplementary thereto. - =
We the undersigned. do by these articles of
come Incorporated under the name below in
dcated and hereby assumed by u.s. for the pur-
pose OF engaging in the business Indicated in
the following articles which we hereby adopt
and execute.
ARTICLEI l.
The name of this Corporation shall be
VA: MAKREN MERCANTILE COMPANY. It's
principal place OF business shall be at the City
OF arren. Marshall County, State of Mime
sofa. The general nature of it's business shall
pc to buy and sell all kinds of shelf and heavy
hardware. implements tools. merchandise Of
a. descriptions. farm produce. and other ar
tlcles or merchandise incidental or necessary
III III ot operatlng and conducting general depart
ment store. to buy and sell as much real estate
as IS reasonably necessary in conducting it's
business.
ARTICLE II.
The time of the commencement of this Cor
poratlon shall be the first ID day of April 1905.
and a5n the period OF its existence shall be thirty
ARTICLE III.
The amount Of the capital stock shall be and
IS hereby fixed at the sum of Fifteen Thousand
Dollars (S15 100000 to be divided into shares of
one hundred Dollars (S1OO.0O each and shall
be paid in as called for by the Board of Di-
rectOrS. -
ARTICLE w.
The number of shares in the capital stock of
th, thS corporation G ito shall be one hundred fifty $50
One Hundred Dollars (s1O0.OO.
ARTICLE V.
The highest amount of indebtedness or
liability to which this corporation shall at any
TINE n7n o be Subject shall be Ten Thousand Dollars
ARTICLE VI
The names and places of residence of the
persons forming this corporation are: Martin
L. Larson, 1ver N. Lodoen and Frank E. Dahl
gren. all OF whom reside at Warren Marshall
County. State of Minnesota, and said persons
shall constitute the first Board of Directors of
SAID corporation, in whom as Board of Di-
rectors the government of this corporation and
the administration of it's affairs are hereby
vested: and the directors above named, and
each of them, shall hold Office until their sue
any vacancy occurring in said Board of Direct
ors. or any Board of Directors of this corpora
ton. through either DEATH resignation or re-
moval. may and shall forthwith be filed by the
remaining members of the said Board of
Directors by maj jority thereof and the persons
thus appointed Chat is to fill such vacancies)
snail severally be directors (that is, be ap-
pointed to be directors) until but not longer
than until the next annual stockholders meet
ing OF this corporation.
ARTICLE VII.
The annual stock;holders meeting of this
corporation shall be held at it's general Office
and place of business in the City of Warren,
Marshall County State of Minnesota. on the
third (3rO Monday of January of each year
and the first stock-holders' meeting of this cor
poratiOn shall be held az 10 O'clock a. M on the
third (3rd) Monday of January in the year 1906
when and where new Board of Directors
shall be elected, consisting OF three Cd mem
berS.
Immediately after an annual election of
members to constitute board of directors Of
this CORPORATION, the said Board of Directors
Shall forthwith organize itself for the due
transaction of business of this corporation by
electlng from its own members a President, a
Vlce-president, Secretary and Treasurer
provided. that any member of said Board of
Directors may be elected to be both President
and Treasurer
ARTICLE VIII
Until the annual stockholders meeting to be
held on the third (3rd) Monday of January 1906
Martin L. Larson shall be the president and
treasurer; Iver n. Lodoen shall be the Vice
president; and Frank E. Dahlgren shall be the
secretary of said corporation.
In Witness Whereof, We have hereuntO set
our hands and seals this 10th day of March, A.
D. 1905.
In Presence of Martin L. Larson GseaD
JULIUSJ. OLSON Iver N. Lodoen (seaD
Miss I. RAFTEvOLD } Frank E. Dahlgren(seaI)