The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1906-04-02
Articles Of Incorporation
..of--
Beltrami Electric Light 8
Power Company.

The undersigned, for the purpose of form
ing corporation under and by virtue of the
Constitution of the state OF Minnesota and OF
CHAPTER s. OF the Revised Laws OF TYP OF the
selves together and signed and adopted the
following y. III. t..
ARTICLES OF INCORPORATION.
ARTICLE l.
The name Of this corporation shall be BEL
TRAM ELECTRIC LIGHT AND POWER COMPANY
the generation of electricity by means OF
steam or water power. for public use, and the
distribution of the same within the State OF
Minnesota for light, heat and power purposes
All of the foregoing to be done for ublic use
for reasonable compensation, and for such
purposes, the corporation may purchase
lines or systems Of poles. wires cables and
conduits, dams, canals, power houses or other
works, and acquire such property by pur-
chase, lease OF condemnation as may be
necessary or covenient in CARRYING out the
general purposes of the corporation as afore-
said. :
ness of the corporation shall be Bemidji, Bel
trami County. State of Minnesota.
g ARTICLE II. - g.. -.
| The time of the commencement of this cor
poration shall be April 5th. 1906, and the
period of its continuance shall be thirty go
years.
.....- ARTICLE Ill ...-.. .
The names and places of residence Of the
incorpOrators Of this company are as follows:
WIG. Schroeder, residing at Bemidji. Min
6. ": warfeld. residing at Bemidj. Min
A. A. warfeld, residing at Bemidji, Min
6. +. Schroeder. residing at Town of Grant
F. W. Schroeder, residing at Town of Lake
Hattie, Hubbard Co.. Minnesota.
r. ARTICLE ".
The government Of this corporation and the
management Of it's affairs shall be vested in a
board of five directors and the following Off
GERS, to be elected by the board of directors
from their number. tO-Wit: "a president
vice-president, secretary and treasurer. Any
two offices in the company may be held by
the same person. except the offices Of presi-
dent and vice president n q. -, =.
The board of directors shall be elected at
the annual meeting of the corporation and
shall have full power to transact the business
and manage the affairs of the company and
to define the duties of the other officers and
The annual meeting of the corporation
shall be held at the company's office in Be-
midi, Minnesota. on the first Tuesday in
June of each year, at ten O'Clock in the fore
noon. ~
The names and addresses of the persons
composing the boardof directors and officers
81 The ti the first elect9R
Warfeld. A. A: Warfeld all residing, at Be
midi, Minnesota, and CT. Schroedsr ,resid:
County. NJ minnesota, and +. w. Schroeder re
siding at the Town of Lake Hattie, Hubbard
County. Minnesota. shall constitute the first
board Of directors. and until their successors
are elected and qualified. the following per.
sons shall constitute the officers of the Cor
pOratiOn: w. G. Schroeder. President, A. A
Warfeld, Vice-President and Treasurer, an(
e.. ": Warfield, Secretary, all residing at Be-
midji. MINI. ~ T.
81 ARTICLE V,
The amount of the capital stock of this cor
poratiOn shall be Fifty Thousand Dollars
$50. 0O0,) divided into five hundred 500 shares
OF the par value of One Hundred Dollars
(S1O0) each, and the same shall be paid in al
such times and in such manner as the BOARD
of Directors may determine.
ARTICLE VI. ..-s
The highest amount of Indebtedness tc
which this corporation shall at any time be
subject shall be Forty Thousand $40, OOO) Dol.
lars. =. >ss1.. = -.,@
In witness whereof. we have hereunto SET
our hands and seals this 30th day Of March
1906 "
w. G. SCHROEDER (seaD
A. A. WAKEFIELD (SeaD
CIV. WAKEFIELD (SeaD
G. +. SCHROEDER (SeaD
F. w. SCHROEDER (SeaD
Signed and sealed in presenc Of .,
+ FHF SANDERSON -.'~
G. w. CAMPBELL Ill.