The Sauk Centre herald., 1914-04-09

The name of this corporation shall be
The LEE-GINGERY LAND COMPANY.
shall be to transact q general Real
Estate business, with the handling Of
all kinds OF property, both real and per-
sonal, including merchandising, farm
products. both wholesale and retail,
shipping and buying and selling OF live
stock, grains. fuels, and materials,
ing and operating Of grain houses. eie-
vatOrs, warehouses. and the leasing
buying, selling and morrgaging of such
lands and tenements as may be deemed
necessary by it's directors, in the pro-
motion of its business.
Also the acquiring, buying. selling or
property. and holding the same in any
manner, either by deed, contract or
agreement & or otherwise. also to buy,
sen or exchange any other property
whatsoever, kind or nature.
!ne principal place of business Of
sald corporation. shall be in the City Of
SSAUk CENTRE, County or Stearns and
Article III.
The time Of commencement OF said err
March. A. D., 1914; and the Duration or
period of time of it's continuance shall
be for Twenty years.
Article HI.
The amount of Capital stock of said
corporation shall be 100000 with the
privilege of increasing the same from
time TN 70 time. m a as provided by law: and
shares of One Hundred dollars each;
such capital stock shall be paid at such
times and in such amounts. and in such
manner In money or property. as the
board of directors may determine and
direct
Article Nv.
The highest amount or indebtedness or
liability to which said corporation be
subjected shall be 100000.
Article ".
The names and places of residence of
the persons forming this corporation
are as follows. to-wir: M. w. Lee, l..
and e. e. Compton. of sAUK CENTRE,
Minnesota.
Article W.
The government of said corporation,
and the management of its affairs shall
| be vested in board of directors OF not
| less than three nor more than seven in
from among the stockholders of said
| corporation on the First Monday in
is14. ARzll' commencing with the year Of
The Officers of said corporation shall
be a President. Vice President, Secre-
| tary, and Treasurer, and such other
officers as the board or directors may
from time to time deem necessary; the
office of secretary and treasurer may
| be held by the same person.
| The board of directors shall elect said
1 OFFICERS Immediately arter the annual
stock holders meeting in such year in
/ which annual meeting IS held.
The Directors and Onicers shall hold
their respective offices until their sue
| cessors are elected and qualified.
1 If for any reason Directors shall not
be chosen at the annual as herein pro-
Il special meeting of the stock holders
called for that purpose: and upon such
notice as shall be prescribed by the By,
Laws of said corporation, and if fer
any reason the Directors fail to elect
Officers at the time nere1n specified,
such Officers may be elected at any
i subsequent meeting, general or special,
/ of the board of Directors.
i The Board of Directors may make
] and adopt such Bylaws. Rules and
regulations for the management OF the
/ sist ent with the articles of incorpor-
4 alton, or contrary to law, as they may
| deem necessary.
Article VIZ.
The persons named in article v. shall
| constitute the first Board of Directors,
and until the ; annual a,E mSssng M OF stoek abs
! be the President, Heinrich Otto shall.
/ be the Vice President, l.. w. Gingery
1 shallbea the Secretary, and Cary Diehl
shall be the Treasurer.
/ Article VIZ.
The Stock Holders shall be entitled to
one vote, either in person or by. proxy.
/ appointed in writing, for each share of
1 capital Stock owned by him.
| in TESTIMONY WHEREOF, we have
hereunto set our hands and seals this
goth, day of March 1914.
NJ w. LEE lseail
r. w GINGERY (seaD
/ HENRY OTTO (seai)
CARY DIEHL. (seaD
| ELMER E. COMPTON (seaD
/ In the presence of:
L. L. KELLS.