The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1911-07-06
OF INCORPORATE
Of
Blackjack Cooperage Company.

G. M. Wood and w. L. Wood, both
| residing at Blackjack, in Beltra mi
| County, in the State Of Minnesota, and
| M. d. Stoner, residing at Bemidji, Min
nesota, as incorporators, by virtue of
| the general laws of said State, do adopt
| this Ger, ,f1cate 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 the
| highest amount of Indebtedness or La
bility to which the corporation shall
| at any time be subject, the total au-
thorized capital stock Of the corpora
| ton beng fifty thousand dollars, repre-
scented 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-
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 stock; and, after such payment to
the holders of such preferred stock, the
remaining assets and funds Of the cor
poration shall be divided and paid to
| the holders of the common stock &C.
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 as 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
lngs 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 combination
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. D. 1911
G. M. WOOD,
w. l.. WOOD,
M. D. STONER,
In presence of J. c. Thompson and
E. P. Rice, as to G. M. Wood and w.
L. Wood and M. D. Stoner
State Of Minnesota,
SIS.
County of Beltrami
On this 9th day of June, A. D. 1911,
before me. a notary nuh1ic within
| for said Beltrami County, personally
came G. M. Wood and w. L. Wood ana
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,
(NOtarlal SeaD Notary Public.
My commission expires Sept. 10th,
A. D. 1914.