The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1906-07-20

e. and DO hereby adopt the GLOWING Arti-
scles Of Incorporation to-Nit
ART1cLE j. .# &. N
81, The name Of this company shall5be the Min
nesota Dry Goods Company. zss..s .S l=. S5
& ssj:s5 XII ARTICLE q g d 5s%
3 The general nature of the business Of said
=corporation shall be to acquire, conduct and
operate q general retail and wholesale dry
goods and mercantile business, and to ac-
:qnire. hold and dispose Of real estate and per.
@sonal property as may be necessary, inciden-
tai and advantageous to the general purposes
herein expressed for the proper conduct OF
said business. =. +. r. s,:,|% r.
& --s-s5# III ARTICLE 3. ~. 5r@$Ess-s%t:r
ness Of this corporation shall be at the City
of Virginia. in the County of St. Louis. and
State OF Minnesota. X >" - -
III ~: ~ !. ARTICLE 4. ~ T.
The time of the commencement of this cor
poration shall be the first day of June. 1905,
and the period of it's continuance" shall be
thirty go years. -, -, z. =, ...
%,zL ~ ARTICLE 5. r. ~
Z The amount OF capital stock Of this corpor-
alton shall be Twelve Thousand (e12, OOO. OO)
Dollars, which shull be divided into one hun
dred twenty t19O) shares of One Hundred
(e10'. 00) Dollars each. and shall be paid in as
the Board Of Directors shall demand =
: ARTICLE 6. -?
The highest amount of indebtedness to
subject shall be Twelve Thousand (ei2, oOOOO
Dollars. -. .,~-.
ARTICLE Z. q
The names and residences of the persons
forming this corporation are rs follows Sam
Lippman, residing at Mountain Iron. Minne-
sofa; Max Lewis. residing at Chisholm. Min
nesota, and Charles Hallock, residing at Hib-
bling, Minnesota. :. w..
- ARTICLE 8.
The government Of this corporation, and
the management of its property and: business
shall be vested in the Board of three Dfrec-.
tors to be annually elected. from among the
at the annual meeting of the
stock holders and the following officers to
be elected by the Board of Directors from:
among their own number,' viz: A President,
a Vice-President, Secretary and Treasurer,
whose term of Office shall be for one year and
until their successors are duly elected and
qualified. and the Office of Secretary or; Treas.
urer may be held by any other officer OF this
corporation. The aboard of Directors shall
adopt such bylaws for the government and
management of said corporation not incon-
sistent with these articles or with the consti-
tuition and laws of Minnesota as they deem
proper.
Sam Lippman, Max Lewis and Charles Hal
lock shall constitute the first Board of Direc-
tors and hold Office until the first annual
meeting and until their successors have been
duly elected and qualified, and until such an
nual meeting is held the general officers Of
this corporation shall be Charles Hallock.
President; Sam Lippman, and
Secretary, and Max Lewis Treasurer.
The first annual meeting Of the stock hold
ers hereof ehall be at the place of business of
this corporation In Virginia, Minnesota, on
the second Tuesday in January, 1907, and an
nually thereafter on said day, at 10 O'clock in
the forenoon. -,
In Witness Whereof the above named incor-
.porators have hereunto set their hands and
seals this 18th day Of May, 1905.
: &. CHARLES HALLOCK. lSeal.L
:. .z,>-=. SAM :L1PPMAN. ISeaI.l
MAX LEWIS. Seal
Signed, Sealed and Delivered in Presence Of
OrTo "A. PoIR1ER. -.
J. o. MoRELL. ;~>--*