The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1910-01-28
Jan. %. Feb. s.
ARTICLES OF INCORPORATION OF
ZUEl.WOOp-GOFF CO.

know All Men by lhesc PRESENTS:
That we. Edward NJ. zuel, William c.
Wood and Hiram S. Golf. the under
signed. do hereby agree to incorporate
and to become incorporated under and
by virtue of Chapter So. of the Revised
Code of the State Of Minnesota for the
year y. d. 1905, and under and byIvir-
tue of all laws amendatory thereof and
supplementary hereto. and by these Ar
ticles do associate ourselves together to
become Incorporated under the corpor-
ate name hereinafter set forth in Ar
tcle !. and for the purposes herein
after specified in Article III, and to that
end do hereby sign and adopt the fol-
lowing Articles of Incorporation. num-
bered from l to XII. both inclusive.
ARTICLE I.
The name of this corporation shall be :
ZUEL-WOOD-GOFF COMPANY: and
the principal place of business of this
Mankato. in the county of Blue Earth.
and State of Minnesota.
ARTICLE II.
The time of the commencement of this
corporation shall be the 9Th day OF
January. a. D. 1910, and the period OF
its continuance shall be twenty years.
ARTICLE I'LL
The general nature of the business to,
be conducted and transacted by this cor
poration shall be the dealing in and
soliciting fire insurance. life insurance.
and all other kinds of insurance as
lagents for regularly organized insurance
companies, anu lllt tiiS.
proving. selling and dealing in lands.
tenements and hereditamcnts, and real,
mixed and personal estate and prop
erty of all kinds, and farm mortgages
and all business incident thereto: m
Guiding selling and buying all kinds OF
property for others as agents on COM
mission, and the making and negotiating
of real estate loans.
ARTICLE ".
The amount of the capital stock OF
this Corporation shall he the sum of
fifty thousand dollars. (s5o,oOO). to be
divided and issued in five hundred
shares of the par value OF one hunG-
red dollars each. forty-fve thousand dol
lars of which shall be paid in at the
time of the signing Of these Articles
Of Incorporation. and the balance OF
which shall be paid i'm at such times ana
in such manner thereafter as the direc-
tors of this Corporation may authorize
and direct.
The highest amount of indebtedness
, that this Corpora ton shall at any time
contract or be subject to shall be hfty
ARTICLE VI.
The names and places of residence
of the persons forming his Corporation
are as follows:
! Edward NJ. Zuel. Mankato. Minnesota.
William c. Wood. Mankato. Minnesota.
Hiram S Golf. Maukato. Minnesota.
ARTICLE VII
The government of this Corpora ton
and the management of it's affairs and
business shall be vested in a board or
directors. consisting of three go mcm-
| bers: Provided. however that the num-
bCr of the board OF directors may be
increased to five (5) members at any
hoard of three co directors, all of whom
shall he stockholders in the Corpora
ton. The board of directors after the
first shall be elected annually by the
clr Mt n ANIMAL
ARTICLE VIZ.
The board of directors shall have
mower at all times to prepare and adopt
hv-la~s and rules for the transaction of
the business of the Corporation, and a
majority of the board of directors shall
constitute a quorum for the transaction
of business
ARTICLE TX.
The names of the persons who shall
constitute the first board of directors of
this Corporation are: Edward NJ. Zuci.
William c. Wood and Hiram s. Golf. and
the term of office of such board of di-
rcctors shall be until the first annual
meeting of the stockholders: and when
any vacancy occurs in the board of d.
rectors such vacancy shall be filled by
the remaining directors by election from
among the stockholders of the Cor
poration.
The. annual meeting of the stockhold-
ers of this Corporation shall be held at
its general offices in the City Of Man
kate. aforesaid. on The second Monday
in the month of January. In each year
hereafter. at the hour of two ,(2) o'clock
in the afternoon of such day.
ARTICLE XI.
The officers of this Corporation shall
be president a secretary, and u
treasurer. and such officers shall be
elected annually by the board of direc-
tors Immediately after the election of
the directors by the stockholders at the
annual meeting. and shall hold office
for one year and until their Successors,
are elected and have qualified; and such
officers shall be vested with all of the
powers incident to such offices and such
other powers as shall be given to them
by the bylaws of the Corporation: Pro-
vided. that If a vacancy occurs i'm any
| Of such offices during the year. the
vacancy shall be filled by the board of
directors at any general or special meet
| ing of sticn board.
ARTICLE XII.
The following named persons of tho