The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1914-04-14
OF INCORPORATION

We, the undersigned, do hereby
associate ourselves together for the
purpose of forming corporation I'M
der the laws of the State of Mime
sofa, and do hereby adopt the fol-
lowing Articles of Incorporation:
| Article l.
The name of this Corporation shall
be "North Redwood Farmers Eleva-
tor Company"
The general nature of its business
shall be the buying, selling and deal
ing in all kinds of grain. grain pro-
ducts and fuel.
The principal place for the trans
action of the business of said Cor
poration, shall be in the Village of
North Redwood, in the County of
Redwood, and State of Minnesota.
Article III.
The time of the commencement of
this Corporation shall be April 18th.
1914, and the period ofl-its contin-
uance shall be Thirty (30I years, un-
less sooner dissolved by two-thirds
(2-3) of its stockholdefs,i
Article iii.
The names and places of residence
of the persons forming this associa-
ton for incorporation are Jas follows:
Thomas Hosken, w. G. Mann, John
Malacek, John Schweinfurter. FraI K
Nuremberg, Herman Becker, Frank
Swoboda, Edward Lueck, all of Nortl.
Redwood, Minnesota, and William
Zumwinkle of Morton, Minnesota.
Article Nv.
The Government of such Corpora
ton and the management of its at
fairs shall be vested in a Board of
Nine (9) Directors, elected by the
stockholders from their own mem
bers at the annual meeting to be
held on the second Tuesday of July
of each year, and the said Directors
shall thereupon elect from their own
number the officers of said Corpora
ton. who shall consist of Presi-
dent, Vice President. Secretary and
Treasurer and such other officers and
managers as hereafter may be cleo
ted by the Board of Directors in pur-
suance Of the Bylaws Of said Cor
poration The names Of the First
Board of Directors are: Thomas Hos
John Schweinfurter, Frank Nuen-
l. X.
boda, Edward Lueck, and William
Zumwinkle, who shall hold their Of
fees as Directors until the First
Annual meeting in July, 1914, and
until their successors are duly cleo
| ted
The First Officers said Cor
poration shall be: President, Frank
Nuremberg. Vice-President, William
Zumwinkle, Secretary, w. G.. Mann.
/ Treasurer, Thomas Hosken, all of
whom shall hold their Offices until
their successors are duly elected.
Article v.
The amount of capital stock of sucG
Corporation shall be Ten Thousand
i Dollars, and shall be divided into
4 Four Hundred t40O) shares of the
i par value of Twenty-Five f25) Dol
i lars. At least Five Thousand (5OO0)
i Dollars of the capital stock must be
Il subscribed and paid for before said
4 Corporation shall commence business.
Il No one person shall be entitled to
own or hold more than Ten l10)
shares Of stock at any one time, OF
have more than One az vote 1t any
stockholders meeting.
/ Article vi.
i The highest amount of indebted
ness or liability to which the Cor
operation shall at any time be sub
ject, is the sum Of Tn Thousarid
100000 Dollars.
In Witness Whereof. We. the un-
dersigned, have hereuntb eet our
hands and seals, this 18th day Of
April, A. D. 1914. IL
Signed, Sealed and Delivered In
the Presence Of: H
i Chas. Fleischer,
A c. Dollif.
i Thomas Hosken (Seal)
w C. Mann. fSeal
John Mzlacek Seal
John Schweiufnrfer, (aea1l
Frank Neueub1rg (Senl}
Herman N. Becker sSealj
Frank SMob0da fSeal)
Edward Lueck (Seail
william Zumwibl1e, (Seall
State 0f Minnesota, County Of Red
On this It'll day Of April, 1914
before me, Notary Public, within
and for said County, personally an
i ueare1 Thomas Hnx1rcn Vt n Mr.