The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1912-01-08
or INconPonAT1oN
or THE EA6TB1H DEvBL0P1IENT
TELEPHoNB COMPANY. S

We, the undersigned, for the purpose
of forming a corporal lion under and pur-
suant to the provisions Of chapter fifty
eight (58), revised laws Of Minnesota
for the year 1905 and any amendments
thereof, do hereby associate ourselves
as body corporate, and do hereby
adopt the following certificate of in.
corporation
Article /.
The name Of this corporation shall
be the Eastern Development Telephone
Company. The general nature of its
business shall be to- construct rural
telephone line and to conduct a rural
telephone business and are organized
for this purpose of. connecting cities
and villages Of less than 1000 popula-s
ton. The principal place Of transact
ing business of this corporation shall
be at Jelle, Minnesota, Beltrami county.
Is Article II.
The time for the commencement of
this corporation shall be the first day Of
November, A. D: 1911, 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: John w. Anderson, Of Thorhult,
Minnesota; James Q. Thornhill, of Thor
hult. Minnesota; Leon L. O'Dell, Of
Jelle, Minnesota.
= .
The management of this corporation
shall be vested in board of directors,
composed OF. three members elected from
and by the stockholders of this corpo-
ration as hereinafter provided. The di-
rectors now in office shall hold their Of
flee for the full term for which they are
elected One director to serve for three
wears, one for two years and one for one
year. One director shall be elected in the
year Of 1912 for the term of three years,
and at each annual meeting Of the
stockholders thereafter, there shall be
one director elected for a term Of three
years to fill the vacancy Of the one
whose term expires at such time The
names and addresses Of the first board
of directors are: John Anderson, Thor
hult, Minnesota; James o. Thornhill,
Thorhult Minnesota; Leon L. ODell,
Jelle, Minnesota.
The first officers of this corporation
are: president, Frank e. Magnuson,
Jelle, Minnesota; vice-president, w. G.
Cunningham. Jelle, Minnesota; secre-
tary, Mons Jelle, ellie, Minnesota; treas
urer, p. NJ. Swanson, Thorhult, Mime
sofa. All Of the above named officers
and directors shall hold their respective
Offices aforesaid until the next annual
meeting Of the corporation to be held
on the second day Of April, A. d. 1912,
at which time and annually thereafter
there shall be elected from and by the
stockholders Of this corporation, one di-
rector to serve for three years as afore-
said: a secretary and a treasurer.
The annual meeting of this corpora
ton shall be held at it's principal place
of business on the first Monday in
April in each year, Immediately after
the election of directors, or as soon
thereafter as possible. the directors
shall meet and elect from their number
a president and vice-president. Any Of
flee except that Of president and vice.
president may be held by one person.
The directors and officers Of this corpo-
ration shall hold their respective Off
ces until their successors have been duly,
elected and entered upon the discharge
Of their duties. 5-
Article "
The amount Of capital stock of this
corporation shall be 81, $4,000 which
shall be paid in in money or property
or both, in such manner, at such times,
and in such amounts, as the board of
directors shall order. The capital stock
shall be divided into one hundred and
sixty-six (166) shares of the par value
Of thirty dollars (s30.00) EACH,
Article VI.
The highest amount Of indebtedness
or liability to which this corporation
shall at any time be subject, shall be
the sum Of five hundred dollars ($5OO)
In testimony whereof we have here
unto set our hands and seals this 24th
day of October, A. D. 1911.
-s LEON L. ODEL,
JOHN w. ANDERSON,
J. o. THORNHILL.
In presence Of
K. Seibel,
Swan S. Larson. Z,