The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1909-11-19

ARTICLES OF INCORPORATION
NORTHERN MINNESOTA IRON MINING
COMPANY.
Know All Men BY These Presents. That
we. the undersigned. do hereby associate
ourselves together and agree pom the fol-
lowing Articles of Incorporation for the
purpose OF forming corporation under
and by virtue of Chapter 81 of the Revised
Laws of 1905 of the State of Minnesota and
acts an,endatory thereof
First The name of this corporation,
shall he the Northern Minnesota Iron
Mining Company" The general nature of
the business to be carried on by the said
corporation shall be the mining smelling
refining and working of ores and minerals
the working coal mines and stone uuarries
and the buying, working, selling leasing
holding. owning, mort gaeing. exploring
developing. and otherwise dealing in
lands. te11enlerts. Entertainments and per-
sonal property The principal place OF
transaCting the business Of said corpora
ton shall be the City of Virginia. in thu.
County of st. Louis. State of Minnesota,
corporation shall be thirty (sO) years
Third: The names and places Of resi-
dcnce of the incor,orator$ of this corpora
ton are as follows to-wit:
Nels Anderson, Virginia, Mimi.
ID. W. Freeman. Eveletl,. MINI.
:. r. Hamilton. Duluth, Mimi.
{. Il. Lenont, Virginia. Mimi.
II. ]. Williamson, Virginia. Mimi.
Axel Pakkala. Virginia. Mimi.
! John kunuuist. Duluth. Mimi.
| a. ". Shaw Buhl. Mimi.
f. h. Vail. Virginia. Mimi.
Fourth: The management of the affairs
at this corporation shall he vested ina
| Board TT Directors of eight (S) persons who
| shall he Stockholders in the corporation,
any five 90 of whom shall constitute Il
quorum to do business. Until tie first an
nnal election the following persons shall
compose the Board Of Directors, to wit:
Nels Anderson. Virginia. Mimi.
ID. ". Freeman. Eveleth. Mimi,
:. T. Hamilton. Duluth. Mimi.
c. Il. Lenont Virginia. Mimi.
| II. J. Nathanson, Virginia, Mimi,
Axcl Pakkala. Virginia, Ni,ln..
John Runquist. Duluth, Mimi.
! ~ ". Shaw. Buhl. MINI.
=. K. Vail Virginia. Mimi.
The annual meeting for the election OF
directors of said corporation shall be held
on the first Tuesday after the first Monday
III january in each wear at the office Of this
corporation in Virginia. Minnesota. at surl,
hour of the day as shall lie fixed 10y the BY
Laws or by order ct the Bonr, of Directors.
Fifth: The amount of the capital stock
Of this corporation shall Ut. Five Hundred
Thousand ($'o0WO) Dollars divided into
five, Inn mi III. i
the par value Of One ,Sl.NN) Dollar each. Tie
capital stock shall bc paid either in rasl,
or property acceptable to the Board of Di-
rectorS and in such amounts and ut such
times as the Board of Directors shall deter
mine and designate.
Sixth: The highest amount of indebted
ness or liability to which this corporation,
shall at any time he subject shall be Five
Hundred Thousand ($jOOOOO) Dollars.
Seventh: In case of Il vacancy existing
in the Board Of Directors of this COrlA,ra-
ton from amy cause whatsoever. said Va
cancH shall be filled bv the remaining
members of the said Board of Directors.
In Witness Whereof. We have hereuntu
set our hands and seals this M(h day of
September ~ d. 1909
JOHN kuNut'IST
ID. W. FREEMAN
\El.S ANDERSON.
{. b. LENONT.
IL. J. \ATHANSu\.
.\NEI. PAkkAI.A
i \. W. SHAW.
+. X. VAIL.
>. +. HAMILTON
Signed. sealed and delivered
in the presence of
ALBERT +, BlCKFokp.
G.. u. ABBOTT.
state of minnesota, -.
County of 81 Louis -
On this goth day of September 4. d. 1892
at Virginia, County If st. Louis. State of
Minnesota, before me. u Notary Public in
and for said county and state, personally
came NelS Anderson. d. W. Freeman, {. Il.
Lenont, ii. J. Williamson. Axel Pakkuia.
John RunquSt. a. ". Shaw and +. Il. Vail
to me known and known to me to he the
same persons named il, and who executed
the foregoing Articles of incorporation,
and they Sevcrally and each for himself
acknowledged that they exccuttd the
same rs their free act and deed
ALBERT +. BlCKFOkD
Notary Public, st. Louis County. hlinn
My Commission Expires May 2nd 1911