The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1906-02-08
Articles, Of Incorporation
Of
Pine Beach ToVnSiite Co.

KNOW ALL MEN BIZ THESE PRESENTS:
That we whose names are hereto sub
Scr1bed. have agreed to and do hereby asso-
ciate ourselves for incorporation under the
laws OF the State OF Minnesota, and to that
end have adopted and signed the following
articles OF incorporation:
ARTICLES OF INCORPORATION
ARTICLE I.
Section l. The name of this CORPORATION
shall be Pine Beach Townsite Company
Section2. The general nature Of it's bust
ing leasing holding and dealing in lands,
tenementS and Entertainments. real, mixed
and persona estate, and building houses and
selling and leasing the same
Section B.. The principal place of transact
ing the business of said corporation shall be
the City Of Bemidji. Beltrami county. Mime
sofa.
ARTICLE II.
Section l.. This corporation shall com
mence March l. 1906. and shallcontnue for a
period OF thirty years.
ARTICLE LII.
Section |. The capital stock Of said corpor-
alton shall be fifty thousand dollarS(S5O, 900 OO)
and shall be divided into five hundred 5000
shares of one hundred dollars (S1OOl each.
Section 2. Said stock shall be paid in as
called for by the Board of Directors of said
corporation.
ARTICLE ",
Section l. The highest amount of indebted
ness or liability to which said corporation
shall be at any time subject shall be fifty
Thousand dollars (s5O.O0o.O09.
ARTICLE V.
| Section l. The names and places Of resi-
| dence of the persons forming this corpora alton
| are as follows; Samuel ID. Works. Mankato.
Minnesota: Rowland Gilmore. Bemidji,
| Minnesota; John f. Gibbons, Bemidji, Mime
| sofa.
ARTICLE vi.
! Section1. The names of the persons form
! ing the first Board Of Directors of said cor
! poration are as follows: Samuel d. Works.
Rowland Gilmore and John +. Gibbons
| Section2. The government of said corpor-
alton and the man agement of it's affairs shall
| be vested in a board of three directors.
Section 8. The officers Of said corporation
shall be chosen from its board of directors
and one person may hold more than one
office.
Section 4. The annual meeting of the
stockholders of said corporation for the cleo
ton of officers and the transaction of such
other business j1 as shall come properly before
alton in the City Of Bemidji in Beltrami
county, Minnesota, on the first Monday in
January of each year during the life of this
corporation. commencing on the first Monday
in January. 1907, at 10 . clock in the forenoon.
Other meetings OF said corporation shall be
held at such times and places as the bylaws
shall provide a.e
Section s. Samuel D. Works shall be the
first president of said corporation. Rowland
Gilmore shall be the first vice-president and
treasurer and John F. Gibbons shall be the
first secretary.
Section g. The president. vice-president
and secretary shall constitute the first board
of directors and shall hold their offices until
their successors are elected and qualified.
In testimony whereof the persons herein
before named as incorporation; have hereunto
subscribed their names and affixed their
seals this 31st day of j anuary. 1906.
ROWLAND GILMORE seaD
JOHN f. GIBBONS (SeaD
SAMUEL ID. WORKS (SeaD
Signed, sealed and delivered in presence OF
GRAHAM N. TORRANCE
HENRY FUNKLEY
Witnesses as tosamqel D. Works:
6. N. ANDREWS
STATE OF MINNESOTA.
County of Beltrami
On the 31st day OF January. 1905. before me.
personally appeared Rowland Gilmore and
John F. Gibbons. to me known to be the per
sons described in and who executed the fore-
going instrument and acknowledged That
they executed the same as their free act and
deed. -
+, Notary Public. Beltrami county. Minnesota.
My commission expires Sept. 10. 1917
STATE OF MINNESOTA.
County OF Blue Earth J
on this 9Th day OF February. 1905 before me
s. notary public within and for said county.
personally appeared Samuel D. Works. to me
known to be the person described in and who
executed the foregoing instrument and ac-.
Nknowledged that he executed the same as
his free act and deed.
(SeaD NETTIE PAULSON.
/ Notary Public, Blue Earth county. Mimi.
Ny commission expires April 1. 1872
GIBBONS kTORRANCE.
sss Attorneys.
bemidj it, MINI.