Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1910-02-25
CERTIFICATE Of lhcoRPoRln
5 or THE
vlSAlY REALTY COMPANY.

ourselves as q body corporate, and do.
hereby adopt the following Articles OF
Incorporation. = *5S
ARTICLE I. -. - !:
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
sail 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
Minnesota.
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.
The names and places of residence
of the persons forming this corpora-
ton are Stephen G. VasaIy, Charles
E. Vasaly, Spirit j. Vasaly, Peter J.
Vasaly; Louis W. vasaIy, Petronilla
IL. Fortier and Rose F. Kasparek, all
of Little Falls. Minnesota.
ARTICLE Nv.
The management of this corporation
shall be vested IN board of seven
Directors, who shall be elected
annually at the annual meeting of
stockholders. to be 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
corporators e bove 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. Vasa]y shall be vice president and
said Stephen G. Vasaly shall be
secretary and treasurer. All officers
of the corporation shall be elected
annually, for the period of one year.
Any Office 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.
Tie amount of capital stock of this
corporation shall be Thirty five
thousand dollars, which shall be paid
In, in money or property, 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
Vi. liability to which this corporation
shall at any time be subject, shall be
the sum Of Twenty thousand dollars
$50, 600. 00).
In testimony Whereof, we have
hereunto set out hands this 8th day of
February, 1910.
STEPHEN G. VASALY,
SPIRIT j. VASALY,
PETER j. VASALY,
LOUIS W. VASALY, -
PETRONILLA X. FORTIER,
ROSE F. KASPAREK,
CHARLES E. VASALY.
j. w. CrOsSleld,
E. L. Fortier.
AS to all except Charles E. Vasaly.
F. A. Caldwell,
P. M. Ringdal.
AS to Charles E. Vasaly.
State Of Minnesota,
County OF Morrison.
On this 9Th day of February 1910,
personally appeared before me, Stephen
e. Vasaly, Spirit J. Vasaly, Peter j.
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,
Notary Pubic, Morrison county,
Minnesota
My commission expires February
Is, 1914. -:
State of Minnesota,
County of Ramsey. o.
On this 18th day OF February 1910,
p0IoOuduy dpPoa1oN UoAOAo A00s SAoA Aoo
K. Vasaly, to me known to he one of
tho persons named in and who ex-
ecuted the foregoing Certificate of
Incorporation, and he ACKNOWLEDGED
that he executed the same a. his free
act and deed, for the uses and pur.
poses herein expressed. ----
(Seal) II. A. CALDWELL;
Notary Public Ramsey county, Mime
Sofa
My commission expires Nov. 8, 1911.
State of Minnesota.
Department OF State.
l hereby certify that the within
instrument was fled for record in this
n 1e no ' At o'clcck p NJ and was "a:
duly recorded in Book s Incorpora-
tlons on page 1872.
-1n11na Schmah1