Morris tribune. [volume] (Morris, Minn.) 1880-2000, 1913-05-30
Certificate of Incorporation.

We, the undersigned, Franklin Floete,
G. c. Bender and w S. Bemis, residing at
Spencer, Iowa, and Chas. Vaughn, reSid-
ing at Morris, Minnesota, desiring to or
ganize corporation under the laws of
the state of Minnesota, do hereby sign
and adopt the following certificate of in
corporation.
ARTICLE L.
Sec. !. The name of the corpora ton shall
be the Vaughn Investment Company,
and it's principal place of business shall
be at Morris, Stevens County, Minnesota.
Sec 2. The general nature its business
shall be the buying, selling and otherwise
dealing in real estate and securities in
the states and territories of the United
States and the doing of any other lawful
acts, WHICH may be necessary or desir-
abe in the conduct or furtherance of
such general business.
ARTICLE II
Sec. /. The time of commencement of this
corporation shall be the first day of June,
1913, and the period of it's duration shall
be thirty years.
ARTICLE III
Sec. i. The authorized capital stock of
this corporation shall be twenty-five
shares of the par value of fifty dollars
$50 each. Of this capital stock there
shall be paid UP two thousand dollars
$4,000 at the time of commencing bust
ness. The balance of the capital stock
shall be paid in and issued as prescribed
by the board of directors, but no stock
ARTICLE w.
Sec. i. The management and control
OF this corporation shall be vested in a
board of not less than three nor more than
i've directors who shall be elected annual
ly at the annual m Getting of the stockhold-
erS, which annual meeting shall be held
on the second Tuesday of November of
each year.
Sec. 2. The directors each year, fmmedi-
ately aftertheir election, shall meet and
organize and elect a president, a vice-presi-
dent, secretary, manager and trea-
surer, who shall be the officers of the cor
poration. Such directors and officers shall
hold office until their successors are cleo
ted and qualified.
tors, or in any of the officers, may be filled
by the board of directors at any regular
or special meeting of the board.
Sec. 4. Franklin Floete, c. C. Bender and
board of directors and the first officers
shall be as follows: President, Franklin
Floete, Vice President, w. S. Bemis, Sec:
treasurer, g. G. Bender, and these direc-
tors and officers shall hold office until the
annual meeting of 1918 or until their sue
ARTICLE V.
The indebtedness of this corporation
shall at no time exceed the par value of
the paid up Capital Stock.
Witness our hands this 18th day OfMay
1918.
FRANKLIN FLOETE
G. c. BENDER
w. 5. BEMIS
CHAS. VAUGHN
Witness to signatures of Franklin F1oete
w. S. Bemis and &. G. Bender.
e. r. BENDER
FRED BENDER
Witnesses to signature of Chas. Vaughn.
IRA E. SMALLEY
KATHRYNN CUSICK
STATE OF MINNESOTA
COUNTY OF RAMSEY
On this 18th day of May, 1918, before me
notary public within and for said Ram
lin Floete, G. L. Bender, w. s. Bemis and
Chas. Vaughn, by me known to be the
| persons described in and who executed
| the foregoing articles and severaIly &C
| knOwledged that they executed the same
| as their free act and deed for the uses and
| X. E. LEONARD
Notary Public, Ramsey County, MINI
| (SEAL) My com mission expires 80 L
State of Minnesota. Department OF
| State.
| / hereby certify that the within instru
| ment was filed for record in this Office or
| the 22nd day of May A. d. 1913 at II O'Clock
| A. NJ. and was duly recorded in Book X;
| of interpretations on page sc.
JULIUS A. SCHMAHL
Secretary of State
Office of Register of Deeds. County o
| Stevens, MINI.
! hereby certify that the within Instru
ment was filed in this office for record on
| the Path day of May A. ID. 1918, al II O'Clock
| A NJ J., and was duly recorded in Book NJ
(sEAD JOS. J. GAFFNEY
Register of Deeds