The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1914-04-16

Article 1.
The name of this corporation shall be
The LEE-GINGERY LAND COMPANY.
The general nature of it's business
Estate business. with the handling of
all kinds of property. both real and per-
sonal. including merchandising, farm
shipping and buying and selling of live
stock, grains. fuels, and materials.
also renting, leasing, purchasing, erect
ing and operating OF grain no houses ,es sae-
buying, selling and morrgaging of such
lands and tenements as may be deemed
necessary by its directors. in the pro-
motion of it's business.
Also the acquiring, buying, selling or
exchanging of real estate and personal
property, and holding the same in any
agreement or otherwise, also to buy,
sell or exchange any other property
whatsoever. kind or nature.
said corporation, shall be in the City of
! SAUK CENTRE. County or Stearns and
State OF Minnesota.
Article III.
The time of commencement Of said cor
| poration, shall be the 10th day of
March. A. D.. 1914: and the Duration or
period of time of its continuance shall
| be for Twenty years.
4 Aft1cle
The amount of Capital stock of said
corporation shall be $4,000 with the
| time to time, as provided by law; and
| it's shall be divided into Five Hundred
| 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.
/
The highest amount OF indebtedness or
/ liability to which sa1o corporation be
subjected shall be 100000.
| Article v.
The names and places of residence of
the persons forming this corporation
are as follows, to-w1t: M. w. Lee, l..
w. Gingery, Heinrich Otto. Cary Diehl,
and E. E. Compton, of SAUK CENTRE.
/ Minnesota.
Article W.
| The government of said corporation,
and the management of it's affairs shall
be vested in a board of directors of not
number, who shall be erected annually
/ from among the stockholders of said
corporation on the First Monday in
April. commencing with the year of
1914.
| The Officers of said corporation shall
be President, Vice President, Secre-
tary, and Treasurer, and such other
officers as the board or directors may
i from time to time deem necessary; the
| office of secretary and treasurer may
be held by the same person.
I The board of directors shall elect said
officers Immediately after the annual
i stock holders meeting in such year in
! which annual meeting is held.
I The Directors and Officers shall hold
their respective offices until their sue
/ cessors are elected and qualified.
If for any reason Directors shall not
be chosen at the annual as herein pro-
vided, they may be elected at any
special meeting of the stock holders
4 called for that purpose; and upon such
notice as shall be prescribed by the By
/ any reason the Directors fail to elect
Officers at the time herein specified
such Officers may be elected at any
subsequent meeting. general or special
of the board of Directors.
The Board of Directors may make
and adopt such BYLAWS. Rules ano
1 regulations for the management of the
affairs of said Corporation. not incon-
sist ent with the articles of lncorpor-
i alton, or contrary to law, as they may
deem necessary.
Article VII.
The persons named in article v. shall
constitute the first Board of Directors
and until the annual meeting of stock
be the President, Heinrich Otto shall
4 be the Vice President. l.. w. Glngery
shallbe the Secretary, and Cary Dieh
shall be the Treasures.
Article Wiz.
The Stock Holders shall be entitled te
4 one vote, either in person or by proxy
appointed in writing, for each share OF
capital Stock owned by HIM.
il IN TESTIMONY WHEREOF, we have
hereunto set our hands and seals this
goth, day of March 1914.
!. M. w. LEE (seall
L. w. GINGERY seal
HENRY OTTO lseal
Il GARY DIEHL (seal)
ELMER E. COMPTON. (seal)
In the presence of:
L. L. KELLS.
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