Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1907-08-21
Articles Of Incorporation Of the Nelson
Manufacturing Company.


KNOW ALL MEN BY THESE PRES
ENTS. that we, the undersigned, hereby as |
sociate ourselves together for the purpose of
Chapter So of the Revised Laws of Minneso-
ia OF 1905, and the acts amendatory thereof. |
and hereby adopt and sign the following ar
ticles of incorporation.
The name of this corporation shall be
'rhe Nelson Manufacturing Company"
This corporation is organized solely for
manufacturing purposes. The general ma
ture of its business shall be the Manufacture
OF hay stackers, manure leaders, grain ele-
vators, gasoline engines, automobiles, and
other machinery, to own, hold, and use Let
tiers Patent Or trade marks pertaining to
such articles machines as by it are so
m manufactured, to sell and market said m an
ufactured articles and to do and perform any
and all other acts and things necessary for
or incident to the carrying on of the said
manufacturing business.
The principal place of transacting the bust
ness OF said Corporation and its head Office
s S be IN the City of Willmar, County OF
kand'yohi' State Of Minnesota Nj
corporation shall be the 3Oth day of August,
a. u. 1907, and it shall continue to exist for
thirty years thereafter;
me amount Of the capital stock of said
ccoorporatlon shall be Six Hundred Thousand
!%ooo,HoO. Dollars, which shall be divided
preferred stock at Ten ($1OOO) Dollars per
share and Thirty Thousand $50, OOO) shares
ol common o1, stock at Ten ($1O.OO) Dollars
per snare, and which capital stock shall be
issued and paid in as the board of directors
shan from time to time determine and direct
me SAD preferred stock shall entit1e the
owner or holder thereof to receive out of the
net earnings yearly non-cumulative d1vi-
| dend OF not exceeding Six per cent, payable
anart ny ni'9re any dividend shall be set
mon stock shall receive all yearly dividends
after Six per cent shall have been declared
and paid on preferred st stock
The highest amount of Indebtedness or liza
| b1l1ty to which the said corporation shall at
any time be subject shall be the sum of Two
! huhureo thousand ($2OO, OOO.OO) Dollars.
The names of the persons forming this cor
Po o;u are J; Emil Nelson, Nels #. Nelson,
Andrew Nordloef, Charles B. Carlson and
w alter DetaHunt, and the place of residence
of each OF them is the City Of Willmar, Coun
ty of kandiyohi, State Of Minnesota.
! The government of the said corporation
and the m management of its affairs SHAH be
vested in a board of i've directors who shall
needtui rules and regulations Tor the govern
| ment OF the said corporation and the con-
Quoting OF its business and who shall be
| annual meeting which shall be held at the
principal office of the said corporation on
| the first Tuesday in June of each and every
| SSol, DCSluIluS WITH the year A. ID. 1908,
| ana shtll hold office for the term Ofonc wear
or until their successors are elected and have
| qualified.
The officers of the said corporation shall be
| a president, vice president, a secretary and
| a treasurer, any two of which Offices except
the ofhceS OF president and vice president
may be MEG by one and the same person
| L he said officers shall be elected by the board
| OF directors at the first regular meeting OF
SAID board after the annual organization
thereof from among their own number, and
n NfHr CHI
power to create and fill the office of general
| manager or such other offices as they shall
deem necessary and proper for the carrying
on OF the business of the said corporation
All OF the said officers shall hold office for
the term OF one year Or until their successors
are elected and have qualified. Any vacancy
occurring IN said board of directors or in
any OF the said offices of the corporation
may be filled by the board of directors OF
the remaining members thereof. In electine
officers Or directors the candidate receiving
| the highest number of votes shall be declared
elected. ~
Each and every holder or owner of com
mon stock Of said corporation shall be en-
titled, either in person or by written proxy
to cast one vote for each and every share O
stock which he holds or owns Holders O
preferred stock shall not be entitled to vote
the same, and no person shall be eligible as {
director or officer of said corporation unles.
he be the owner of common stock thereof
Said corporation shall have power to pur
stock as it may see fit.
The first board of directors shall be 7. Emf
Nelson, Nels H. Nelson, Andrew Nordloef
Charles b. Carlson and Walter DeLaHunt
OF whom ]. Emil Nelson shall be presiden
and treasurer, Charles B. Carlson shall b,
vice president and Andrew Nordloef shall b,
secretary, and they shall hold office until tn,
first annual meeting Of stock holders or unit
their successors are elected and have quail
fed.
!! In Witness Whereof, the undersigned
have hereunto set their hands and seals thi:
18TH day of August A. d., 1907.
| J. EMIL NELSON. (SealD
| NELS H. NELSON. (SealO
| ANDREW NORDLOEF. (SealO
| CHARLES B. CARLSON (Seal)
| WALTER DELAHUNT. (Seal)
| Signed, sealed and delivered in the pres
cnce of:
G. %. SAND.
| X. w. STANFORD.
State of Minnesota ss
County of X andiyohi
Be it known that on the 18th day of Au
gust, A. ID. 1907, before me, notary publ,
in and for said county and state, PERSONAL,
appeared J. Emil Nelson. Nes II. Nelson An
drew Nordloef, Charles b. Carlson and Wal
ter DeLaHunt, to me known to be the per
sons who executed the foregoing Articles o
/ instrumentation nd of x,,1