The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1908-07-23
Articles of Incorporation of Princeton
Cooperative Creamery

The undersigned persons hereby
become associated for the purpose OF
organizing corporation under and
pursuant to Revised Laws of the state
OF Minnesota of 1905, section 3073 to
5OIS and amendments thereto for buy
ing, selling, dealing in and manufac-
turing milk, cream, butter and cheese
and generally conducting a creamery
business with power and authority to
do and perform all acts and things
usually requisite and necessary in
carrying on such business, and have
organized, by adopting and signing
the following articles of incorpora-
ton.
ARTICLE I.
The name of this corporation shall
be Princeton Cooperative Creamery.
The nature of it's business shall be
buying, selling, manufacturing and
dealing IN milk, cream, cheese and
butter, and handling, managing, own
ing, operating and controlling a
creamery or creameries in the usual
course of such business and to do and
perform all acts and things usual, req
uisite and necessary in the premises
and the principal place of where the
business of said corporation shall be
transacted is in the Village of Prince
ton in the County of Mile Laos and
the state of Minnesota.
ARTICLE II.
Ihe time and commencement of said
corporation shall be the 18th day of
May 1908, and the period of it's con-
tinuance shall be twenty (20) years.
ARTICLE III.
The capital stock of said corpora
ton shall be Seven Thousand five
hundred (7,500) dollars, and shall be
divided into Seven hundred and fifty
(150) shares of ten (sl0) dollars each
and shall be paid in such time and in
such manner as the bylaws of the cor
poration shall direct.
ARTICLE w.
The highest amount of Indebtedness
or liability to which said corporation
shall at any time be subject Shall be
twenty-five hundred (S2, 500) dollars.
ARTICLE V.
The names and residences of the
persons forming this corporation are
as follows, to-wit: John Dalchow,
NJ. G. Thoring, August Jaenicke,
Louis Rust and Robert Shaw of Mile
Laos county: Charles Judkins and
Michael G. Kaliher of Sherburne
county, and George Tomlinson of
Isanti county.
ARTICLE VI.
The government of the corporation
and the management of it's affairs
shall be vested in five (5) directors
and the following officers, to-wit: A
president, vice-president, secretary
officers shall be elected by ballot at
the annual meeting of the stock
holders, which shall be held on the
last Tuesday in January of each year,
provided that the following named
presons shall be representative officers
OF said corporation until their success
sors are elected and qualified. Louis
Bust shall be president, Michael c..
Kaliher shall be president, Otto
Henschel shall be secretary, Charles
Judkins shall be treasurer, John Dali
chow, August Jaenicke, George Tom
linson, NJ. G. Thoring and Robert S.
Shaw shall be directors.
ARTICLE VII.
The aforesaid officers and board of
directors shall hold their respective
offices until their successors are
elected and qualified as provided
herein.
ARTICLE VIII.
No stakeholder shall own shares of
a greater par value than fifty dollars
(S50.00) or be entitled to more than
one (1)>vote.
In testiomny whereof we, the said
corporators, have hereunto set our
hands and seals this 23rd day of May,
1908:
CHARLES JUDKINs (SEAL)
JOHN DALCHOW (SEAL)
ROBERT S. SHAW (SEAL)
AUGUST JAENICKE (SEALl
NJ. G. THORRING (SEALj
MICHAEL G. KALIHER (SEAL)
LOUIS RUST (SEAL)
GEO. TOMLINSON (SEAI,l
Sipna1 in y,,oeoroo nj.