Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1906-01-10
Articles Of Incorporation Of Anderson
Land companv.

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Articles of INCORPORATION of Anderson
,.a
we, whose names are hereunto subscribed.
have agreed to and do hereby associate our
selves together as a body incorporate. for
the purposes hereinafte expressed, and do
hereby under ana pursuant to the provisions
Of Title Two ~ Of Chapter Thirty-four <34)
OF the genera Statutes OF the State OF Mime
If and simultaneously thereto incoTnOrate
ourselves and To that end ID h.rehv adont
and sign the following articles of incornora-
ton:
ARr1cLE1.
The name of this corporation shall be "An-
derson Land COMPANY" Tie eeneralnature
of its business shall be the buVing owning
improving. uortgaeing. LEASING. Selling and
dealing generally in lands, tenements, heredit-
ameuts, real, mixed and personal estate and
s,, ub ~ s,,f' ss,nsn q anu
saw essential ~ eYned;ent 70 the nroner and
al; o;an+ oa~r.;oa ~ of ranaraI praoi atn4
o..S ;a4S4 80 ~ W - s:1s 80 ~ - SSeee ~
&C., -. rexrn.'a ~ on.,or1+ .s' 'oA ''seA VI
~ P::S 1919 ~ ."4: 4, 1:
.as 81 t,n;s paSe ~ al nc o9sl
of Wilma IN the COUNTY Of y and;vcIi az
S+ata ~ a. ; - ent VI ~ So1i1 ano
ARr1c1E11
The time of commenceme It of this corpo:a-
ton SHAH be on the tirst day OF February. A,
D. 1906, and the period OF the continua nce
thereof Shall be thirtv Years from said date.
:. Apr1c1E 111
~ 49,
The amount OF the capital stock ofthIs cor
lars $50 10000? and the same shall be paid
IN cash OF IT'S equlvaient IN property at such
LINES ana IN sueh amounts as It's board OF
Di!sc.oaS may detsns. ; me amount 90, OF
manner provided by law.
ARTICLE Nv.
The h;ohes+ amount ne indebtedness ~ E.-
bility to which this corporation shall at any
tiYne he 1iahle sh ali nnt exceed tIe amount ~
;ts can;+a stool 70
n,o
AKl1CLh v
The names and places of residences of the
persons forming said corporation are as fol-
lows: Andrew A. Anderson, Russell Spicer,
Andrew Nordloef and August Normal. re-
siding at Wiiimar. Minnesota"
npr1~rpv1
w.
The government OF TINS corporation and
the m management OF its affairs shall be vested
IN board OF three (3) directors, each and
all OF whom shall be stockholders, and OF
whom majority shali constitute quorum
tor the transaction OF business. SAID board
OF 9 a,eer 5nf one nefein n1lh,5, shait
the annual meesing OF SAID corporation,
wn1en snaH De nelo at It's principal PLACE OF
a: NJ, on the nrst !uesday m feoruary o.
eac1 year, Sonmenclns WIN the year tso1'
Said Board OF Directors, except the one here
matter named shan be elected a. tor the term
as such directors until their successors are
elected and have qualified. At the first meet
ing OF the said Board OF Directors after such
annua! election or at any adjourned meeting
thereof, said newly elected Board OF Direct
ors shall organize by the election from their
namoer OF presloent, Vlce-RreslaenL, secre-
snect;ve offices for The term ~ one year and
until their successors are elected and quail
fed. ANY two of these offices may be held
by one and the same person excepting those
Of president and vice-president.
The Board of Directors shall have mower
to establish ylaws, which may be by them
modified Or rspealssd: from time to e time, for
alton and the powers and duties Of the seve.
raj officers shall be prescribed by such by.
laws.
Inc nrSt bOard OF Dlrectors OF TINS corpof'
alton shall consist OF Andrew A. Anderson
Russell Sp1cer ana Andrew Nordloef, and the
said Andrew A. Anderson shall be president
Andrew Nordloef shall be vice-presldent and
Russell Spicer shall be secretary and treas
t;Ha a. VI 4;1 ~ srat .nn',, 1,ae+ ~
the stockholders h to be held as aforesaid a6 or
til the;r successors are elected and havenuali
fed r for anv reason the directors shall
fail to elect and appoint officers at the time
herein specified, such officers NAV be elected
or annointed at anv adjourned meeting of its
directors or at anv snecial meetinp called fo,
that purnose upon such notice as NAV bt
prescribed in the bylaws for calling specia
meetings Of directors. Whenever any va
may be filed BY the Board Of Directors . Q
chosen to hold office, unless sooner disquali
fed, until the next succeeding annual meet
ing of the stockholders
ARTICLE VII.
The number If shares Of the canita1 stool
,f ~ lnnrnara+;nn sha11 he f1e hnndrei
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