Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1910-02-18
CERTIFICATE Of INCORPORATION
i. #..sss :, OF THE .4ss=, \
vASALY REALTY COMPANY

M AuucSOId AOl 4OOC, anu ally dmouue
ments thereof, DO hereby associate
ourselves as body corporate, and do
hereby adopt the following Articles OF
Incorporation. "
- -. ARTICLE /.
The name of this. corporation shall
be VASALY REALTY COMPANY.
The general nature of its business
shall be to buy, sell, lease, let, i'm
prove or deal IN lands and tenements;
to buy, construct, improve; lease and
sell houses and buildings and to-
engage generally in the real estate
business. The principal place. Of
transacting the business of this
corporation shall be in the CITY Of
Little Falls, Morrison County, State OF
ARTICLE II.
The time for the commencement of
this corporation shall be March 1,
1910 and the period Of Its duration
shall be thirty years.
ARTICLE III.
1'he names and places of Residence
OF. the persons forming this CORPORA
ton are Stephen c. Vasaly, Charles
e. Vasaly, Spirit J. Vasaly, Peter J.
:Vasaly, Louis w. VasaIy, Petronilla
K: Fortier and Rose F. Kasparek, all
OF Little Falls. Minnesota.
ARTICLE ".
The management of this corporation
shall be vested IN a board Of seven
Directors, who shall be elected
annually at the annual meeting of
stockholders. to he held on the first
Wednesday in March in each year.
The first annual meeting of this
corporation shall be held on the first
Wednesday of March, 1910. The first
board of directors shall be the in
corporat tors ebove named, who shall
hold office until the first annual meet.
ing OF the stockholders. and until SAID
first annual meeting said Charles E.
Vasaly shall be president, said Peter
j. Vasaly shall be vice president and
said Stephen c.. Vasaly shall be
secretary and treasurer. All officers
of the corporation shall be elected
annually, for the period OF one year
Any flee except that OF president and
wee president, may be held BY one
person. The directors and officers
OF this corporation shall hold their
respective Offices until their successors
have been duly elected and entered
upon the discharge of their duties.
ARTICLE v.
The amount of capital stock of this
corporation shall he thirty five
thousand dollars, which shall be paid
IN, in money or proper ty, or both, as
the board of Directors shall prescribe.
The capital stock shall be divided into
$50 shares of the par value of one
hundred dollars each.
! ARTICLE VI.
-: The highest amount of indebt edness
ur liability to which this corporation
shall at any time be subject, shall be
the sum of Twenty thousand dollars
1870, 600. COY.
In testimony Whereof. we have
hereunto set out hands this 9Th day of
February. 1910.
STEPHEN G.. vASALY.
SPIRIT j. VASALY,
PETER J. VASALY,
LOUIS W. VASALY,
PE1RONILLA T. FORTIER,
ROSE F. KASPAREK. =.
CHARLES E. VASALY.
In presence Of
J. W. Cross6eld,
E. L. Fortier.
AS to all except Charles E. Vasaly.
z..s~, F. A. Caldwell,
P, NJ. Ringdal.
AS to Charles E. Vasaly.
5 State OF Of H Mops;s%n, }ss.
On this 9Th day of February 1910.
appeared before me, Stephen
G. Vasaly, Spirit J. Vasaly, Peter ].
Vasaly, Louis W. Vasaly, Petronilla
r. Fortier, and Rose F. Kasparek, to
me known to be the persons named in
and who executed the foregoing
Certificate of Incorporation and each
for themselves acknowledged that
they executed the same as their free
act and deed for the uses and
purposes herein expressed.
(Seal) j. W. Crossfeld,
NotaryI Public, Morrison county,
Minnesota.
My commission expires February
Is, 1914.
State of Minnesota, So
County of Ramsey. 3d.
On this 11th> day OF February 1870
personally appeared before me, Charles
r. Vasaly, to me known to he one of
the persons named in and who ex-
ecoted the foregoing Certificate of
Incorporation, and he acknowledged
that he executed the same az his free
act and deed, for the uses and pur.
poses herein expressed.
(Seal Il. A. Caldwell,
Notary Public Ramsey county, Mime
My commission expires Nov: 8, 1911.
State of Minnesota.
Department. OF State. =
! hereby certify that the within
instrument was filed for record in this
Office on the 18th day OF February, A.
D., 1910, at O'Clock p. M, and was
dulv recorded in,Book S 3 Incorpora-
tlons on page 1872. -
- julius A.. Schmahl,
>, ~ ss-@ j.. IL Secretary of State.
Office of Register of Deeds, =. :.
County of Morrison, MINI: 3d.
l, hereby certify that the within
instrument was filed in this Office,
r.