The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1914-04-16
ARTICLES OF INCORPORATION
of the
WigWarn Point Company.

Wigwam Point Company.
Know all men by these presents
that we, whose names are hereuntO
subscribed, have agreed and do here
by associate ourselves for incorpora-
tion under the laws of the state of
Minnesota, and to that end have
adopted and signed the following
articles of incorporation:
ARTICLE I.
Section |. The name of this COR
poration shall be "Wigwam Point
Company.
Section 2. The general nature of
its business shall be the buying,
selling, dealing in, cultivating, till
ing, working and using lands of all
kinds in the state of Minnesota and
other states of the United States,
and the sale and disposal of products
of any of such lands, together wi tn
such other business as may be in
cidental thereto.
Section 3. The principal place for
| the transaction Of the business of
said corporation shall be Vineland,
Minnesota.
! ARTICLE IL.
| Section l. Said corporation shall
commence on the 18th day of April,
1914, and shall continue for a period
of thirty years.
ARTICLE III.
Section /. The capital stock of
said corporation shall be twenty
five thousand dollars (25,000OO),
divided into two hundred and fifty
! (25O) shares Of one hundred dollars
! (S1O0.OO) each.
Section 2. Said stock shall be
paid in as called for by the board of
directors Of said corporation.
ARTICLE ".
Section 1. The highest amount
of indebtedness or liability to which
said corporation shall at any time be
subject shall be ten thousand dollars
$50. O00.O0).
ARTICLE Y.
Section l.. The names and places
of residence of the persons forming
said corporation are as follows:
G. A. Sherman and Gertrude H.
Sherman of the city of Chicago,
Illinois; A. P. Thompson of Rice
Lake, Wisconsin.
ARTICLE vi.
Section l. The names of the first
board of directors of said corporation
are as follows: G. A. Sherman,
Gertrude H. Sherman and A. P.
Thompson.
Section 2. The government of
said corporation and the manage
ment of it's affairs shall be vested in
| a board of three directors and in Il
president, vice president, secretary
aud treasurer.
Section 3. The officers of said COR
poration shall be chosen from the
directors and one person may hold
any two offices.
Section 4. The annual meeting of
stockholders of said corporation for
| the election Of directors and the
transaction of such other business
AS may properly come before them
shall be held at the Offices of the
corpora tion on the first Tuesday in
March in each year, commencing
with the year 1915, at ten O'Clock in
the forenoon. Other meetings of the
! stockholders Of said corporation shall
| be held at such times as the bylaws
of said corporation may provide.
| Section 5. The annual meeting Of
the board Of directors of said corpo-
ration for the election of officers and
the transaction of such other bust
ness as may properly come before
them shall he held at the Office of
said corporation on the first Tues
day in March in each year, COM
mencing with the year 1915 and i'm
mediately after the adjournment of
the meeting of the stockholders.
The board of directors may hold such
further meetings as the bylaws Of
said corporation may provide.
Section 6. The directors of said
corporation shall be elected by the
stockholders from among their num-
Der at the annual meeting in each
year, and the officers of said corpo-
ration shall be elected by the board
| of directors from among the direc-
tors, at the annual meeting of the
directors in each year.
Section L.. @. A. Sherman shall be
| the first president of said corpora
tion; Gertrude H. Sherman shall
be the tlrst vice PRESIDENT; A. P.
Thompson shall be the first secretary
and treasurer: Said officers shall
serve until their successors are
elected and qualified.
| Section 8. Any vacancy in any
! of said offices or in said board OF
| directors shall be filled by the board
of directors for the unexpired term.
Section 9. The duties of the
: officers and directors of said corpora.
tion shall be prescribed by the by.
laws. ..s...
Section 10. The first meeting OF
the corporation shall be held at the
Office of c.. A. Sherman, c | O Ma.
tional Printing & Engraving Co., OF
Chicago, Illinois, on The 18th day Of
March, 1915, at ten o'clock a. M.
Section IL. The bylaws of sale
corporation shall be adopted anc
may be from time to time modified