Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1914-04-29
cERTiFlcATEoF INCORPORATION
OF THE kANDlYOHl COUNTY
%tE SILO COMPANY.% '<&Es5, 3sG

cERTiFlcATEoF' INC RATION
OF THE t<ANDlYOHl COUNTY
siLo COMPANY. >z > ri.
We, the undersigned, for the pur-
pose Of forming q corporation under
and pursuant to tho provisions Of
Chapter flfty-eight (58), Revised Laws
of Minnesota for 1905, and any amend.
ments thereof, do hereby associate
ourselves as a body corporate, and
do hereby adopt the following Certi-
f1cate Of Incorporation.
ARTICLEI.
The name of this corporation shall
be Kandiyohi County Silo Company.
The general nature of it's business
shall be to make, manufacture, sell
and erect Cement Stave Silos and
such other business as may be neces-
sary in connection Herewith.
The principal place of transacting
the business of this corporation shall
be in the City of Willmar, County Of
Kandiyohi and State of Minnesota.
ARTICLE II.
The time for the commencement of
this corporation shall be April oath,
A. D. 1914, and the period of it's dura-
ARTICLE III.
The names and places of residence
of the persons forming this corpora
ton are: Martin Peterson, Willmar,
Minnesota; A. O. Forsberg, Willmar,
Minnesota; Lewis Johnson, Willmar,
Minnesota.
ARTICLE Nv:
The management of this corpora
ton shall be vested in Board of d.
rectors, composed of not less than
three and not more than five mem
bers. The names and addresses of
the first Board of Directors are: Mar
tin Peterson, Willmar, Minnesota; A.
o. Forsberg, Willmar, Minnesota,
and Lewis Johnson, Willmar, Mime
sofa. The first officers of the cor
poration shall be: President, Martin
Peterson; Vice President A. o. Fors-
berg; OBSERVATION-DISCLOSURES, Lewis
Johnson. All of the above named Of
ficers and directors shall hold their re-
spective Offices aforesaid until the
next annual meeting of the corpora
ton to be held on the 9Th day of Jan
uary A. D. 1915, at which time and
annually thereafter, a Board of Di-
|
the stockholders of the corporation.
The annual meeting of this corpora
ton shall be held at it's principal
place of business on the first Tuesday
after the first Monday in January in
each year; immediate after the cleo
ton of directors, or as soon thereaf-
ter as practicable, the directors shall
meet and elect from their number a
president and a vice president, and
from their number or from the stock
holders, secretary and treasurer.
Any Office, except that of president
and vice president, may be held by
one person. The directors and officers
of the corporation shall hold their re-
spective Offices, until their successors
have been duly elected and entered
upon the discharge of their duties.
The first meetings of the stockholders
and of the Board of Directors shall be
held at the office of the company in
the City of Willmar on the 25th day
of April, A. D. 1914, at 10 and II
o'clock respectively.
ARTICLE v.
The amount of the capital stock Of
this corporation shall be Ten Thou
0ehAA \P4VSVVO'VVJ DOAAe1AO, "AANA 0AoAA
be paid in, in money or property, or
both, in such manner, at such time,
and in such amounts as the Board of
Directors shall order. The capital
stock shall be divided into One Thou
sand shares of the par value of Ten
Dollars each. Each stakeholder shall
have one vote for each share of stock
held by him at all meetings of the
stockholders.
ARTICLE vi.
The highest amount of Indebtedness
or liability to which this corporation
shall at any time be subject shall be
the sum of Ten Thousand ($10,000.00)
Dollars.
IN TESTIMONY WHEREOF, We
have hereunto set our hands, this 9TH
day Of April, A. D. 1914.
MARTIN PETERSON,
A. o. FORSBERG,
LEWIS JOHNSON.
In the presence of
J. EMIL NELSON.
CHARLES JOHNSON.