Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1907-09-04
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
forming manufacturing corporation under
Chapter SO of the Revised Laws Of Minncso-
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
1.-The Nelson M Manufacturing Company"
This corporation is organized solely for
manufacturing purposes. The general
ture of its business shall be the manufacture
vators, gasoline engines automobiles, and
other machinery, to own hold, and use Let
tiers Patent or trade marks pertaining to
such articles or machines by it are so
manufactured, to sell and market said man.
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
Ill
The principal place of transacting the bust
ness of said CORPORA ton and it's head office
shall be in the City of Willmar County of
kandiyohi, State of Minnesota.
The time of the commencement of the said
corporation shall be the 3Uth day of August
A. ID. 1907, and it shall continue to exist for
thirty years thereafter.
The amount of the capital stock of said
corporation shall be Six Hundred Thousand
$500, oOOOO) Dollars which shall be divided
into Thirty Thousand 100000 shares Of
share and Thirty Thousand &c, OOO) shares
of common stock at Ten ($lO.OO) Dollars
per share, and which capital stock shall be
shall from time to time determine and direct
The said preferred stock shall entitle the
owner or holder thereof to receive out of the
net earnings yearly non-cumulative d1vi-
dend of not exceeding Six per cent, payable
annually before any dividend shall be set
apart or paid on the common stock. Com
mon stock shall receive all yearly dividends
after Six per cent shall have been declared
and paid on preferred 81 stock
The highest amount of Indebtedness or liza
bility to which the said corporation shall at
any time be subject shall be the sum of Two
Hundred Thousand $500 o.oo) Dollars.
Of Ssos %i this
Andrew Nordloef. Charles b. Carlson and
Walter Del aH unit, and the place of residence
| of each OF them is the City Of Willmar Coun-
ty of kandiyohi, State of Minnesota.
VIII
The government of the said corporation
and the management of it's affairs shall be
have the power to make all bylaws and all
needful rules and regulations tor the govern
/ ment of the said corporation and the con-
Quoting OF it's business and who shall be
elected by the common stockholders at their
| annual meeting which shall be held at the
principal office of the said corporation on
lllC III 81 uSSOdG III June Vi cdCn ana every
year, beginning with the year A. d. 1908,
and shall hold office for the term ofone year,
| or until their successors are elected and have
qualified.
The officers of the said corporation shall be
a president, a vice president, a secretary and
a treasurer, any two of which offices, except
the offices OF president and vice president,
may be filled by one and the same person.
The 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
| the said board OF directors shall have the
power to create and fill the office of general
manager or such other Offices as they shall
deem necessary ne 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
| oce urring in said board of directors or in
any of the said offices Of the corporation
| may be filled by the board of directors or
the rem aiming members thereof. In electing
officers or directors, the candidate receiving
the highest number of votes shall be declared
elected.
Each and every holder or owner of COM
titled, either in person or by written proxy,
to cast one vote for each and every share OF
| stock which he holds or owns. Holders OF
preferred stock shall not be entitled to vote
the same, and 10 person shall be eligible as
director or officer of said corporation unless
he be the owner of common stock thereof:
Said corporation shall have power to pur-
chase and to cancel or retire it's preferred
stock as it may see fit.
The first board Of directors shall be ]. Emil
Nelson, Nels H. Nelson, Andrew Nordloef
Charles B. Carlson and Walter DeLaHunt
| of whom ]. Emil Nelson shall be president
| and treasurer, Charles B. Carlson shall be
vice president and Andrew Nordloef shall be
| secretary, and they shall hold Office until the
first annual meeting of stockholders or until
| their successors are elected and have quail
| fed.
In Witness Whereof, the undersigned
| have hereunto set their hands and seals this
18th day of August, A. d., 1907.
| J. EMIL NELSON. (Sea1)
NELS H. NELSON. (Seal)
| ANDREW NORDLOEF. (Sea1)
! CHARLES B. CARLSON. (Sealj
| WALTER DELAHUNT. (Seal.j
| Signed, sealed and delivered in the pres
| ence of:
G. o. SAND.
| r. w. STANFORD.