The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-02-16
ARTICLES OF INCORPORATION
KEARsARGE3LAND COMPANY


We,r the undersigned, for the purpose Of form
ing a corporation under and pursuant to the
g te map Ter.
atory thereof do hereby associate ourselves as a
body corporate and do hereby adopt the follow
ing articles of Incorporation: r., lgs- g. =
ARTICLE T. Jl,,...,.. .... 81.
The name Of. this corporation shall be the
"Kearsarge Land Company" -*"z
The general nature Of its business shall be
the buying, owning, exploring and developing,
leasing, improving, selling and dealing in lands,
tenements and hereditaments, and the doing of
all things necessary or incidental to the things
The principal place Of transacting said bust
ness shall be at the city of Minneapolis, In
Hennepin county, Minnesota. -, s>z~.
The time for the commencement Of this cor.
poration shall be the twentieth day Of February
AID. 1906, and the period of continuance OF
this corporation shall be thirty (80) years. !.
ARTICLE III. s.3sa
The amount Of the capital stock Of this cor
poration shall be One Hundred and Eight Thou
sand Dollars ($1os, ooo), which shall be paid il
such times as the board 3of directors may iron
time to time direct asE'-r@ f-rrf - r
..-....:., ~ - ARTICLE ~.
The highest amount Of indebtedness or liza
bility to which this corporation shall at an,
time be subject shall be the of One Hun
dred Thousand Dollars ($10o. oOo).
... ..-- ~ ARTICLE V.
The names and places of residence of til,
persons forming this association for incorpora
ton shall be John NJ Lonsyear of Marquette
county, Michigan; Russell NJ Bennett of Deep
haven. Minnesota; Alfred F.. Ptllsbury, EdwsT'
G. Gale and Carleton G. Pillsbqry, all Of Mime
apolis, Minnesota. a.
go NJ ARTICLE vi.
The names of the first board of directors o
said corporation John NJ. Longyear, Russell
NJ. Bennett, Edmund J. Longyear Norman C
Richardson, Helen H. Bennett, Alfred E. Pills
bury, Charles s. Pillsbury, Edward G. Gale
Carleton @. Pillsbury and Frank H. Carleton. TIL
hrst president shall be the said Alfred f.. Pills
Frank II. Carleton. The first secretary an
treasurer shall be the said Russell NJ. Bennett
The government of this corpora ton and tn
| management Of its affairs shall be vested Id ;
! board of ten directors and in president, vic
president secretary and treasurer, and such othe
! officers and agents may be from time to tim
appointed by the board of directors. Sal
/ directors and officers abOvenamed shall. hol
| their respective Offices until the first Tuesday
December, 1905, at which time, and on ever
succeeding first Tuesday of December thereafter
! q board Of ten directors shall be elected by til
stockholders of said corporation at an annus
office Of the corporation in the city Of MINI,
apolis or such other place as the board of direc
ors may direct. Immediately after the electio
! Of the directors or as soon thereafter as tpra,
/ ticable, the directors shall meet and elect frol
| their number or from the stockholders of the co
1 pora ton a president, vice president, secretar
/ and treasurer. Any member Of the board I
| directors or any stockholder of the corporate
| may fill any two of said offices except that
i president and vice president, which Offices sha
! not be filled by the same person. The director