The labor world. [volume] (Duluth, Minn.) 1896-current, 1914-02-28

il
/ agencies at any other such placer as
lne board OF Directors from time to
time may determine, and may do bust
ness anywhere In the world.
! i. ARTICLE IL i, .&sgs5-.@
= The The period OF the duration .ofsthi.
q state proof Il ghe n psa u.s. asd4e 81
thls Certificate. according to law,
ARTICLE III.
The names and places OF residence
| OF the lncorporators Of this corpora
| Thomas A Merritt, Duluth. Mime
sofa: Bert. N. Wheeler. Duluth. Min
nes s@ta GaysW; G. G.R ss DULUTH Min
! ARTICLE ". h
The management of the affairs OF
this corporation: shall be vested In a
board OF three directors, who shall b.
holders meeting. to be held on the
second Tuesday in March. in each year
a. three o'clock in the afternoons, at
| the principal offices of the company
| of the annual stockholders meetins
need ever be given.
Until the first election at the first
such annual stockholders' meeting
| posing: the Board: Of Directors ares:
Thomas A. Merritt. Duluth. Mime
sota;- Bert N Wheeler5 Duluth. :Mtnne-
sofa; Guy w. G. Ross. Duluth. Minne-
Unless otherwise provided by the
bylaws. the: Board Of Directors, shall
M fnln any VACANCY that may occur in its
The Board, of Directors shall hold
| regular quarterly meetings on the Sec
ond Tuesday in March, June, Septem-
per and December, in each year; at
1GHr O'clock aff,i in the afternoon at the
Duluth. Minnesota; and no notice of
the regular quarterly directors meet
1ngs need ever be Given. -. :; ":::',
the members of the Board Of Directors
shall have the same force and effect
as though duly and unanimously
adopted alta regularly called; meeting
signed by a majority in number Of the
common stockholders Of: the company,
holding two thirds Of the outstanding
common stock. shall have the same
ed by a majority in number of the
common stockholders holding two
thirds of the outstanding common
stock at a regularly called stockhold-
ARTICLE v: :*%,
The amount of the capital stock: Of
sand Dollars ($5O,000); divided Into
one thousand shares :of common stock
OF the par value Of Ten Dollars 800
ferred stock Of the par value of Ten
Dollars ($10) each. The stock 5shitll
pc paid for in cash. property, Or :serv-
ICES. as the Board Of Directors from
The preferred stock shall have, no
vote nor voice in the election OF d.
rectors or the management Of the cor
Poration' but shall be entitled to'a
out of any net profits earned by the
corporations: and such dividend shall
pc cumulative and guaranteed to the
e e1fend S OF an any net profits actuaiy
1erred stock shall have also "a: Pfc
ferred lien upon the assets Of the. cor
poration In case of its insolvency..dts5
b bf aSa I'll aS Ss aaRe
dend or division Of the: profits- Of the
corporation, except the said six per
cent dividend above mentioned. 80 !
ths Bosfd s
tors may provide: also. as: part, cf :the
terms of the issue. that at any time
after specified date or period ALI ;ot
any part of such issue: shall. at the
option OF the Board. be. redeemable by
the :corporations at a:sspecifiede pfice,
not less than par and plus: :accrued
and unpaid dividends, III
>: ~ ~ ARTICLE vi. =.
Fhs ab hia1sst %SSaf s sf a sSfs
Hundred and Fifty Thousand Dollars
($250,000.) :<:.1::.
-: =. - ARTICLE VII. s..:.} .:<:.:
This Certificate. or. any Of, the. ,arti-
cles hereof may be amended stricken,
added to or altered in whole ors IN
part: at any regular i nnual stock hold
ers' meeting, or at any special stock
holders meeting If ;suth, purpose has
been specifically announced in the Call
and Notice thereof: in either case only
by the affirmative. vote of a majority
in Number Of the common: stockhold-
ers holding a majority. Of the out
IN TESTIMONY WHEREOF: The
undersigned have hereunto set their
hands this goth day OF February. a:
D.. 1914. -,<-% -. ! :. y:
G. w. ROSS, e. ~
BERT N: WHEELER,
THOMAS A. MERRITT.
In presence Of: =, -: -. r
H. H. PHELPS: -. ..
GERTRIInE LARSON. :: = ~. -