Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1908-03-05

be Sands Mercantile Company and
the general nature Of Its business
shall be to buv, sell and deal IN oil
kinds Of shelf and heavy hardware,
implements, tools, farm machinery,
leather goods, groceries, clothing,
dry goods, crockery, stock, farm pro-
duce, negotiable securities and mer-
chandise of all kinds and desert ption
necessary or usual in
operating and conducting a general
department store: to buy. sell or
hold farm lands and tenements or
other real estate and to cultivate
and farm the said farm land and real
estate and to do all Others things
reasonable or necessary in carving
out any Of the foregoing. The
principal place Of transacting the
said business Of said corporation
shall, at the Village Of AIvarad0,
Marshall County, Minnesota.
Article 2.
The time of the commencement Of
this corporation shall be the date of
the filing In the Office of the
Secretary of State Of Minnesota of
proof of publication of this articles
of Incorporation and the period of
its duration shall be thirty, (3O),
years thereafter.
Article 3.
The names and places of residence
OF the incorporators of this CORPORA
tion are Martha Sands, Martin 81.
Sands, Oscar g. Sands, Carl o.
Christensen, the place of residence
y IT h0 eov - noi A 1u0 n
Minnesota.
Article 1.
The government of said corpora-
tion and the management of its
affairs shall be vested in q board Of
five directors who shall be elected at
the annual meeting Of the stockhold-
ers of said corporation and serve for
one year. but any vacancy occurring
in said board of directors for any
cause. may and shall forthwith be
filled by appointment bv the remain
ing members of said board of direc-
tors by majority vote thereof, and
the person thus appointed to fill 4
vacancy shall be director until
the next stockholders meeting of
this corporation. The following
shall be the first board of directors
of said corporation, namely Oscar
G. Sands, Martin III. Sands, Carl O.
Sands. Anna 7. Hill and Julia M.
Christensen. The address of each is
Alvarado, Minnesota, and the said
directors shall hold office until the
first annual stockholders meeting of
the stockholders of said corporation
hereinafter provided for.
Article S.
The annual meeting of the stock
holders and members of this corpora
ton shall be held at it's general office
and place of business in the Village
of AIvarado. Marshall County,
Minnesota, on the third Monday in
March OF each year, at two O'Clock
p. NJ. the first meeting thereof to
be held on the third Monday in
March. A. d.. 1908. Immediately
after an annual election of members
to constitute board of directors of
this CORPORATION, the said board of
directors shall forthwith organize
itself for the transaction of business
of the corporation end shall elect
from its members president. vice
president, a secretary, and treasurer.
and from it's members or from the
stockholders, a MANAGER of this cor
poration and such other officers as
shall be provided for by the bylaws
of this CORPORATION, provided that any
member of said board of directors
may be elected to any two of said
Offices. not inconsistent. The mode
and manner of calling and holding
special meetings of stockholders and
regular and special meetings of the
board of directors shall be provided
for in the bylaws Of this corporation.
Article 6.
The amount of capital stock of
this corporation shall be and is here
by fixed at, the sum of Fifteen Thou
sand. (Sl50OO.0 O). Dollars. divided
into One Hundred fifty. (l50). shares
! of the par value of One Hundred,
$500. 00l. Dollars each. the same to
be paid in as called for by the
board of directors.
| Article I.
The highest amount of indebted
ness or liability to which this cor
poration shall at anv time be SUBJ
ject is the sum Of Fifteen Thousand,
($15O0O. 00\. Dollars.
In Testimony. Whereof, we here
unto set our hands and seals this
zlSC Gay or FeDruarv, "A. -. l9Oo.
Martha Sands (SeaN
! Martin Fl. Sands (SeaD
Oscar G. Sands (SeaD
I Carl o. Sands (Seal)
Julia M. Christensen (SeaD
| Anna T. Hill (Seall Il
Signed. Sealed and delivered e.
in presence Of g
Frank E. Dahlgren q >.
Malinda Dahlgren e