Willmar tribune., 1909-09-29
(First Publication Sept. %, 1s09.)
ARTICLES OF INCORPORATION OF

\cltsI FuOuc0c1O0 sept. ~, 10O0.)
RR9geHss OF co% OF
PANY.
We, the undersigned, for the purpose Of
forming corporation under and pursuant
to the provisions Of Chapter So of the Re-
laws amendatory thereof do hereby associ-
ate ourselves as q body corporate, and
adopt the following articles Of iucorpora-
tion:-
ARTICLE ONE.
The name Of this corporation shall be the
progress Clothing COMPANY" The gen.
eral nature Of its business shall be to buy,
sell aud otherwise deal in, both as principal
and on commission, or either, clothing. un;
other kinds and articles Of merchandise, and
similar commodities. and said corporation
may perform all acts that may be necessary,
desirable or convenient for the proper prose
cution of such business, including the acquisi-
ton Of real and personal property, wherever
situate: and the selling, leasing and dispos-
ing of the same.
the business of this corporation shall be the
City ofWillmar, County of K andiyohi, State
OF OF Minnesota. but said corporation may
IN sed stae Of IN tns city
without said State, in the city of Milwau-
kee. in the State Of Wisconsin,, and any
meetings of the stockholders or directors OF
said corporation may be held at any OF said
Offices or places of business, as provided in
the Bylaws.
ARTICLE TWO.
The time of the commencement of this
corporation shall be October 1st, 1909, and
the period of its duration shall be thirty
(3O) years.
ARTICLE THREE.
The names and places Of residence of the
persons forming this incorporation are
Name Residence
Raymond Heaton, st. Paul, Minnesota.
Thomas McDermott, St. Paul, Minnesota.
James d. Denegre, st. Paul, Minnesota.
ARTICLE FOUR.
The management of this corporation shall
be vested in q Board of Five Directors. The
names and addresses of the first Board of
Directors are:
Name Residence
Eugene A, Friend. Milwaukee, Wisconsin.
Peter te G. Williams. Wi1lmar, M,nnssota ssSns'n
Gustav \. VonOtter, St. Paul. Minnesota
Mervin Marks, Miw aukee, Wisconsin.
The first officers of this corporation shall
be, Eugene gene a1A:;d A. Friend' president; Mervin
secretary; Richard J. Morawetz. treasurer.
All of the above named officers and directors
shall hold their respective offices until the
be held on the third Tuesday in February,
1910, at which time, and annually there
after, Board of Directors shall be elected
roon ad Sy the Of this
ton shall be held on the third Tuesday in
F. bruary of each year. Immediately after
the election of directors, or as soon there
after as practicable, the directors shall meet
and elect from their number a president,
vice-president, secretary and treasurer. Any
office. except that of president and vice
president. may be held by the same persons.
The directors and officers OF this corporation
shall hold their respective Offices until their
successors have been duly elected and enter
upon the discharge of their duties.
ARTICLE FIVE.
The amount Of the capital stock of this
corporation shall be Ten T u d
($1O,O ,OOO.OO) Dollars, and it shall be paid In
in such manner and at such times and in
shall order. The capital stock shall be d.
vided into one hundred (1OO) shares of the
par value of One Hundred ($1OO.OO) Dollars
each.
ARTICLE SIX.
The highest amount of indebtedness or
liability to which this corporation shall at
any time be subject, shall be the sum of Fiji
teen Thousand ($15, 100000 Dollars.
In testimony whereof we have hereunto
set our hands and affixed our seals this 18th
day of September, A. d. 1909.
RAYMOND HEATON (SEAL)
THOMAS McOERMOTr (SEAL)
JAMES D. DENEGRE (SEAL)
In Presence of
Alice J. Davis.
Harold w. Anderson.
State Of Minnesota,
County of Ramsey.
On this 18th day of September, A. D. 1909,
Heaton, Thomas McDernott and James
D. DeneSre. O known q be the pefsonS