The Bemidji daily pioneer., 1911-07-03
cERr1FIcATE or INco1Po1Ar1ou
Of

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g. M. Wood and w. L. Wood, both
residing at Blackjack, in Beltrami
County, in the State Of Minnesota, and
M. D. Stoner, residing at Bemidji, Mn
nesota, as incOrpOratOrs, by virtue of
the general laws of said State, do adopt
this er>.ficate of Incorporation for the
organiza on of a corporation, of thirty
years dura ion, under the name Black
duck Cooperage Company, with board
of three directors, having it's principal
place of business at said Blackjack, the
sum of fifty thousand dollars to be TIE
highest amount of Indebtedness or liza
bility 10 which the corporation shall
at any lime be subject, the total au-
thorized capital stock of the corpora
ton beng fifty thousand dollars, repre-
sented by five hundred shares of the
par value of one hundred dollars each,
such stock to be divided into one hum
dred fifty shares of preferred stock,
not emitting the holders thereof to vote
at any meeting Of stockholders of the
corporation, but providing for annual
payment of dividend at the rate Of eight
per centum per annum thereon out of
the net earnings of the corporation be-
fore any dividend be paid on any of the
common stock of this corporation, which
common stock shall consist of three
hundred fifty shares carrying the usual
voting power under the statutes of said
state; and, in the event of any liquida-
tlon, dissolution or winding up of the
corporation (whether voluntary or in
voluntary, the holders of such pre-
ferred stock shall be entitled to pay
ment. in full. both the par amount of
their shares and all unpaid dividends
then accrued thereon before any amount
shall be paid to the holders of the COM
mon sock; and, after such payment to
the holders of such preferred stock, the
N nf ho
poration shall be divided and paid to
the holders Of the common stock ac-
cording to their respective shares, all
of which capital stock shall be paid in,
by means of property, services and mon
ey, or any of the same, at such times
and upon such conditions shall be
determined and signified by the board of
directors, the first board to be COM
posed of the above named incorpora-
tors and the stockholders annual meet
ingS shall occur on the first secular day
OF June in every year.
The business of the corporation may
be conducted and carried on in the State
OF minnesota and elsewhere, the gen.
eral nature thereof being the manufac-
turing and generally dealing in any
thing that can or may be lawfully
made out of wood Or any cOmbinat tion
OF wood and other material, and i'm
proving, leasing and generally dealing
in lands and tenements.
Witness the hands Of said incorpora-
tors, this 18th day of June, A. ID. 1911.
G. NJ. ', GOD,
w. L. WOOD,
M. D. STONER,
In presence of j. c. Thompson and
E. P. Rice, as to G.. NJ. Wood and w.
L.. Wood and M. D. Stoner.
State of Minnesota,
County of Beltrami.
On this 9th day of June, A. D. 1911,
before me, a notary public within and
for said Beltrami County, personally
came G. M. Wood and w. l.. Wood and
M. d. StOner, to me known to be the
persons described in and who executed
the foregoing certificate of incorpora-
ton, and they acknowledged the same to
be their free act and deed
E. P. RICE,
(Notarial SeaD Notary Public.
My commission expires Sept. 10th.
4. D. 1914.