The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-01-03
ARTICLES CT INCORPORATION
HE KELLY-STEtNMETZ LIQUOR COM

LIN AELL1-SIEtNMEIZ LIQUOR COM.
The undersigned have and hereby do agree
TO associate themselves for the purpose Of
little OF Chapter 81 OF the General Statutes -6f
Minnesota of 1894. end the laws amendatorF
thereof, and to that end have and hereby do
duopt anu agree upon the following articles Of
Incorporation, : 80
ARTICLE 1.
line name of this corporation shall he The
nature Of its business shall be the purchase and
saie at wholesale and retail OF wines. liquors
OF a wholesale and retail liquor business and
the doing and performing of all and every acf
in any wise incident to or necessary for the
complete carrying out, enjoyment and exercise
porat:on shall be the city of Minneapolis. Hen.
nepin county. Minnesota.
The time of commencement of this CORPORATION
snaii ne the istE day of January 19u6. and
the period of its duration shall be thirty ts5l
years. - 50 80
ARTICLE III.
The amonnt of capital stock of this corpora.
to, be paid in in cash or its equivalent fn
property as prescribed by the board of directors
At least one-half of said capital stock shall
OF the business of this corporation. Any unissued
stock shall he held treasury stock subject to
upon such terms and conditions as they may
.- ARTICLE ".
The highest amount of indebtedness to which
ms coroca alton shall be liable at any time
exclusive Of liability capital stock shall be
hffS thousand tsSSGRG %,91S dollars u
The names of the persons corning this COR.
poration are Patrick !: Kelly, Rudolph stein.
dents OF the city Of MINNEAPOLIS. Minnesota
ARTICLE VI.
Inc management and government of the
affairs of this corporation shall be vested IN
a board of directors. consisting Of not less
than three or more than five. as shall be de-
in the following officers viz: President, vice
resident. and secretary and treasurer. which
vided by the bylaws. may be held by the the
same person.
The names of the first board of directors who
OF the stockholders. to be holden in the city Of
Minneapolis on the 9th day of January. 1909.
chosen ' are patrcE are duly elected and
and W. R. Kelly. And the names of the first
Officers of this corloralion, who shall similarly
annual meeting of the stockholders and until
their successors are duly elected and chosen.
the f. Rsy VIZ VICE patss & ke ssd
Rudolph steinmstz secretary and treasurer.
Of tho ID tt r. ss
on Jan. 6, 1906 and thereafter annually on the
same date in each succeeding year or on such
meeting by bylaw duly enacted in that behalf
The officers shall be elected by the board of
directors at the regular annual meeting Of
be prescribed by . the bylaws a s., s
The capital stock Of this CORPORATION shall
he divided into six hundred (6o0l shares of the
par yalle of hundred (s10ol dollars each
OF the total stock thus provided for not less
shall be issued us common stock. The remainder
of the total capital hereby provided and not
shares of the par value of one hundred (s1oo}
dollars per share may, in the discretion of the
board OF directors. be issued as special or pre-
the directors nay provide in that behalf. and
any such preferred stock may be issued upon
with respect to dividends, cumulative or nom
cumulative. and with resoect to a preference
liquidation of this company. Provided however.
that all stock thus Issued by the directors ~
preferred shall he Of the same general tenor and
effect as respects its conditions; and provided
further that all such preferred or special stock
shall contain provision reserving to the cor
to the boilers thereof of the par value of such
stock With accrued profits.
M In testimony whereof We have hereunto.
Oath day of December. 1905.
PATRICK J. KELLY. fSeal.) 4
6 sERSE !. S s9afS i isss':}
NJ. II. Boutel1e.
N. n. Chase.
STATE OF MINNESOTA, :,
On this Path day of December 1905 before
ne. notary public within and for said eounty.
personally appeared Patrick j. Kelly. Rudolph
Stenmetz and Orval G. Blair. to me known to
be the Identical persons who executed the fore
going and annexed articles of incorporation. and
each acknowledged that he executed the same
as and for his free act and deed for the uses
and purposes therein EXPRESSED
NATHAN H. CHASE.
Notary Public HenneDin County. Minnesota.
tNotarfal Seal.]
OEEIf.E M, pEcIs~rI,p or rppr,c coy-,,,rv
of Hennepin. State of Minnesota.
hereby certify that the within articles Of
incorporation were filed fc- record in this Office
on the Soth day of December. A. D. 1905. at
duly recorded in Book loo of miscellaneous
page 3e5. GEORGE G. MERRILL
BY A. ". skog, Deputy.
STATE OF MINNESOTA
Department OF State.
| hereby certify that the within instrunienN
was fled fo- record in this office on the soth
| day of December. A. D. 1905. at 2ls o'clock
n.m.. and was drly recorded in Book l. s OF
Interpretations. on page -
P. q. HANSON. Secretary of State.