Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1906-01-24
Articles Of lncorp Grafton Of An.
derson Land Company. /:

improving, mortgaging, leasing, selling and
dealing generally in lands, tenements, heredit-
aments, real, mixed and personal estate and
property, doing, undertaking and perform
ing any such lawful business as may be neces-
sary essential or expedient to the proper and
emeient carrying on of a general real estate
and investment business, either for itself or
other persons or corporations. -
The principal place of transacting the bust
of Willmar, in the County Of K andiyohi and
State of Minnesota.
= ARTICLE
The time of commencement of this corpora
ton shall be on the first day OF February, A.
thereof shall be thirty years from said date.
ARTICLE III.
The amount of the capital stock fthis cor
poration shall be twenty-five thousand dol
lars ($25 ,o0o.oo) and the same shall be paid
times and in such amounts as it's Board of
Directors may determine. The amount of
said capital stock may be increased in the
manner provided by law.
ARTICLE Nv.
The highest amount of indebtedness or liza
bility to which this corporation shall at any
time be liable shall not exceed the amount OF
its capital stock.
ARTICLE
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 Norman, re.
siding at Willmar, Minnesota.
ARTICLE VI.
The government Of this corporation and
the management of it's affairs shall be vested
| in board OF three 90 directors each and
all of whom shall be stockholders, and OF
whom majority shall constitute a quorum
for the transaction of business. Said board
OF directors, after the one herein named, shall
| be elected from and by the stockholders at
| the annual meeting of said corporation,
which shall be held at its principal place OF
hr1Si iv1f 11o 0fV
! a. M, on the first Tuesday in February OF
each year, commencing with the year 1907.
Said Board of Directors, except the one here
| matter named, shall be elected for the term
OF one year and its members shall hold office
| as such directors until their successors are
| elected and have qualified. At the first meet
annual election or at any adjourned meeting
| thereof said newly elected Board of Direct
ors shall organize by the election from their
Sod
spective offices for the term Of 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 power
| to establish bylaws which may be by them
modified or repealed, from time to time, for
the m anagenent of the affairs of this corpor-
alton and the powers and duties of the seve-
raj officers shall be prescribed by such by
| laws.
The first Board of Directors of this corpor-
alton shall consist of Andrew A. Anderson,
| Russell Spicer and Andrew Nordloef and the
Andrew Nordloef shall be vice-president and
Russell Spicer shall be secretary and treas.
| urer sail Of whom shall hold their respec.
tive Offices until the first annual meeting OF
the stockholders to be held as aforesaid on
the first Tuesday in February, 1907, and un.
til their successors are elected and have quail.
fail to elect and appoint officers at the time
herein specified, such officers may be elected
or appointed at any ad journed meeting of it's
directors or at any special meeting called for
that purpose upon such notice as may be
prescribed in the bylaws for calling special
| meetings of directors. Whenever any va.
| cancy shall occur in said board the same
| may be filled by the Board of Directors OF
said corporation, the person or persons SO
chosen to hold Office, unless sooner disuuali-
fed, until the next succeeding annual meet
ing OF the stockholders.
ARTICLE VII.
The number of shares of the capita1 stock
of this corporation shall be five hundred
$500 and the amount of each share shall be
fifty $3.50. dollars:
In Witness Whereof, We have hereunto set
our hands and seals this twenty-seventh day
OF December, A. D. 1905.
ANDREW A. ANDERSON; (Seal.)
ANDREW NORDLOEF, (Seal)
AUGUST NORMAN ISeal1
Witness to signature A. A. Anderson
A. L. MARKHUs,
y. JORGEN OLSON.
Witness to signatures Russell Spicer, An.
drew Nordloef, August Norman:
JOHN M. SPICER,
A. l.. MARKHUs.
STATE OF MINNESOTA
County of Kandiyohi.
On this Goth day of December, A. D. 1905
personally came before me Russell Spicer
Andrew Nordloef and August Norman to me
known to be the same persons described in
and who executed the foregoing instrument
| and each acknowledged that they executed
the same their free act and deed.
[sEAL.] c. w. ODELL, Notary Public,
Kandiyohi County, MINI.
STATE OF MINNESOTA S.
County of watonwan.
On this 2Sth day of Dec, A. D. 1905, per.
sonally came before me Andrew A. Anderson
| to me known to be the same person described
| ment and acknowledged that he executed the
same as his free act and deed.
[sEAL.J Jos. J. KEEPERS, Notary Public,
WatOnWan County.
STATE OF MINNESOTA,o
Filed for record the 10th day of December
AID. 1905, at 1000 O'Clock a. M, and record.
oil.
O.JORGEN OLSON,
IsEAL] Register of Deeds.
STATE OF MINNESOTA
DEPARTMENT OF STATE.
ment was filed tor record in this Office on the
Bird day of January, A. D. COG, at O'Clock
| A. NJ, and was duly recorded in Book "L.3
| P. E. HANSON,
| Secretary of State.