Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1910-02-09
CERTIFICATE OF INCORPORATION.

The undersigned, for the purpose offorming
corporation under the laws of the State Of
Minnesota, do hereby adopt the following
Certificate of Incorporation.
Il
The name Of this corporation shall be
"Willmar Park mbly-Incorporat
The general nature OF it's business shall be to
acquire by purchase or otherwise, lands
buildings and such other property as may be
necessary or expedient for its purpose, con-
entertainments and such other features as
will improve our social and business relations
and intercourse; provide suitable buildings
and conveniences for meetings, assemblies
other social, moral, educational and helpful
enterprises as will improve and benefit it's
patrons and citizens Of Willmar.
The principal place of its business shall be
in Willmar, State of Minnesota.
The date of the commencement of this cor.
pOratiOn shall be on the nineteenth day of I an.
uary, A. D. 1910, and the period of its con-
thu alton shall be for thirty 800 years from
said date.
The names of the incorporators are as fol-
lows: viz, D. N. Tallnan, L. o. Thorpe F. G.
Handy, E. G. Wel]in. P. c. Tonning, V. E..
Lawson and Russell Spicer. all of whom re-
side in Willmar, Minnesota.
-IV-
be vested in an Executive Committee ofseven
members, all of whom shall be stockholders.
who shall be elected annually at a meeting of
the stockholders, which shall be held on the
fourth Monday in January in each year. The
lncorporators above named shall Constitute
its first Executive Committee and shall hold
office until the annual meeting of the stock
holders to be held on the fourth Monday in
January 1911. Such Executive Committee"
shall Immediately after its election organize
by electing from its members a president, a
wiz rrRSf ont i
such other officers as 1t may deem advisable,
and its first officers shall be as follows: viz
Russell Spicer, who shall be President,
d. N. Tallman who shall be Vice President
V. E. Lawson, who shall be Secretary,
F. 6. Handy, who shall be Treasurer,
all OF whom shall hold Office until their sue
cessOrs are elected and have qualified.
The Executive Committee shall have power
to establish bylaws for the government OF
the affairs of the corporation which may be
by them modified or repealed from time to
time, and the Owers and duties of the sever
al officers shall be prescribed therein: but such
bylaws shall in no manner be conflicting
or inconsistent with any of the articles OF
this Certificate of Incorporation.
"
The amount of the capital stock ofthis cor
poration shall be Twenty thousand dollars
l$2OOoO.Oo). which shall be paid in as called
for by its "Executive Committee. The Cap.
ital Stock shall be divided into eight hundred
dollars ($25.OO) each. and which Capital
Stock shall be subscribed to on the follow
ing condition, viz, that each subscriber
thereto agrees that upon the repay
ment to him Tor them, his their heirs
or assigns. Of the full amount, par value
Of the stock owned by him or them
together with six 60 per cent annual interest
that he. or they, will release, transfer and as
sign (or consent to the same being done by
the Executive Com1nittee) to the City of Will
mar, Kandiyohi County, Minnesota, for
public use, all interest in and all property
real and personal, which may be acquired by
this corporation.
W
The highest amount Of indebtedness OF
liability to which this corporation shall al
any time be subject shall not exceed the sum
OF Ten Thousand dollars ($1OOOO.OO).
IN WITNESS WHEREOF, We have here
| unto set our hands and seals this twenty
| sixth day Of January A. D. 1910.
D. N. TALLMAN TSeal1
L. O. THORPE Sea11
+. G. HANDY ISeall
E. G. WELLIN SealI
v. E. LAWSON [Seal7