The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1910-02-04
Jan %, Feb. 4.
ARTICLES OF incorporation OF
ZUEC-WOOD-G CO.

Know All Men BY These 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 SIS, of the Revised
Code of the State OF Minnesota for the
year A. d. 1905, and under and by vir-
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
after specified in Article III. and to thar
end do hereby sign and adopt the fol-
lowing Articles of Incorporation, num-
bered from / to XII. both inclusive.
ARTICLE I.
The name of this corporation shall be;
ZCEL-WOOD-GOFF COMPANY; ana
the principal place of business OF TINS
corporation shall be at the City OF
Mankato. in the county of Blue Earth
and State of Minnesota.
ARTICLE III.
The time of the commencement of TINS
corporation shall be the 9th day OF
January y. ID. 1910 and the period OF
its continuance shall be twenty years
ARTICLE Ill
The general nature of the business "
be conducted and transacted by TINS cor
poration shall be the dealing in ana
soliciting fire insurance, life insurance,
land all other kinds of insurance as
lagents for regularly organized insurance
| companies: and the buying. owning. I'M
proying selling and dealing in lanoS
tenements and Entertainments, and real
mixed and personal estate and prop
| erty of all kinds. and farm mortgages,
| and all business incident thereto IN .
property for others as agents on com
mission, and the making and negotiating
| of real estate loans.
| ARTICLE ".
81 n
| this Corporation shall be the sum OF
fifty thousand dollars, ($50.O0O) to be
divided and issued in five hundreu
shares of the par value OF one NUM-
:I9rs of which shall be paid in ar the
/ time of the signing of these Articies
! of Incorporation. and the balance OF
which shall be paid in at SUCH times anu
| i'm such manner thereafter as the ulIec
tors of this Corporation may authorize
ARTICLE V
The highest amount of Indebtedness
! that this Corporation shall at any Lisne
contract or be subject to shall De hi'y
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. Mankato. Minnesota.
ARTICLE VII
The government of this Corporation
and the management of its affairs and
business shall be vested in a board or
directors. consisting of three 60 men,
bers; Provided, however. that the num-
Der of the board o. directors may be
increased to five CD members at any
| time by the unanimous vote of the
board of three CD directors. all of whom
shall be stockholders in the Corpora
ton. The board of directors after the
first shall be elected annually by the
stockholders at the annual meeting.
| ARTICLE VIII
The board of directors shall have
power at all times to prepare and adopt
! bylaws and rules for the transaction OF
| the business of the Corporation. and y
| ma iority of the board of directors shall
constitute a quorum for the transaction
of business.
| ARTICLE TX
! The names of the persons who shall
iconstitute the first board of directors of
this Corporation are: Edward NJ. Zuel:
William c. Wood and Hiram S. Golf. and
| the term of office of such board of DIT
rectors shall be until the first annual
meeting of the stockholders; and when
lany 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
| it's general offices in the City OF Man
kato. aforesaid. on the second Mohday
| IN the month of January. in each wear
hereafter at the hour of two CD O'Clock
| in the afternoon of such day
ARTICLE XI.
The officers of this Corporation shall
| be president. secretary and a
| 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
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 n vacancy occurs in 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 such board.
ARTICLE XII
The following named persons of the
first board of directors of this Corpora
ton shall constitute the first officers of
tn" Corporation and shall hold their
offices until their successors are elected
and have qualified. to-wt:
Edward NJ Iuel President.
William C. Wood Secretary.
Hiram S. Golf Treasurer.
In Testimony Whereof. have here
unto set our hands and seals this 9th
day of January. a. d. 1910.
WILLIAM c. WOOD. (seai3
HIRAM S. GOFF. (SealO
Signed. Sealed and delivered in pres
ence Of
Clara Carlson.
Teresa Balkenhol