New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1915-08-04
LEGAL NOTICES
ARTICLES OF INCORPORATION
OF THE NEW ULM INVEST
MENT COMPANY.

i
of forming and organizing Corporation
under and pursuant to the provisions of
Chapter So of the General Statutes of
Minnesota 1913 and all acts amendatory
thereof and supplementary thereto as
sociate ourselves as body corporate,
and to that end do hereby agree upon
and adopt the following articles, to-wit:
ARTICLE1.
The name of this corporation shall be
'The New Ulm Investment Company"
ARTICLE 2.
The general nature of it's business and
object shall be to purchase or in some
other manner acquire, improve, manage,
lease, sell, exchange, and otherwise deal
in real and personal property of every
nature, kind and description.
ARTICLE 8.
The principal place of business of this
corporation shall be in the City of New
Ulm, County of Brown and State of
Minnesota.
ARTICLE 4.
This corporation shall commence on
the LIST day of September 1915, and the
period of it's continuation shall be thirty
years.
ARTICLE 5.
The names and places of residence of
the persons forming this corporation are
as follows: J. L. Schoch, Emil G. Hage,
John H. Siegel, VIM. A. Pfeferle, George
D. Erickson, TIL. j. Snilsberg and J. P.
Graft, all Of whom reside in New Ulm,
Brown County, Minnesota.
ARTICLE 6.
The government and management of
said corporation and of all its affairs
shall be vested in Board of Five Drec-
tors. The Board of Directors shall be
elected annually by the stockholders at
their regular annual meeting and shall
hold Office until their successors are
elected and qualified. The regular an
nual meeting of the stockholders shall be.
held at the principal place of business of
the corporation on the First Tuesday
after the First Monday in February of
each year. Immediately or soon after
the regular annual meeting in each year
the Board Of Directors shall meet and
elect from their number President, a
Vice President, and a Secretary and
Treasurer, who shall hold their respective
offices for the period of one year and
until their successors are elected and have
qualified.
The offices of Secretary and Treasurer
may be held by one and the same person.
The Corporation shall have such other
officers as may be provided for in it's by
laws. Any vacancy in the Board of
Directors or in the Officers shall be filled
by vote Of the Board Of Directors
The first Board Of Directors shall con-
sist of the following: ]. L. Schoch, Emil
G. Hage, John H. Siegel, VIM. A. Pfeferle
and TIL. ]. Snilsberg, all of whom shall
hold Office until the first annual meeting
and until their successors are elected and
have qualified. The first officers of said
Corporation shall be the following:
President 49, j. L. Schoch.
Vice President John H. Siegel.
Secretary and Treasurer, Tn. j. Snilsberg.
All of whom shall hold their respective
Offices until the first meeting of the Board
of Directors following the first annual
meeting as hereinbefore provided and
until their successors are elected and have
qualified.
ARTICLE Z.
The amount of Capital Stock of this
Corporation shall be Fifty Thousand
Dollars ($50,OOO.) divided into Five
hundred shares, each of the par value of
One hundred Dollars 100000 and shall
be paid in at such times and in such
manner and under such regulations as
the Board of Directors may determine
and direct.
ARTICLE 8.
The highest amount of indebtedness
or liability to which the Corporation shall
at any time be subject shall not be
greater than its paid up Capital.
In Testimony Whereof we have here
unto set our hands and seals this 10Th
day of July 1915.
In Presence of
w. j. STRATE,
b. r. SCHWARTZ.
]. L.. SCHOCH Seal
81 EMIL G. HAGE Seal
JOHN II. SIEGEL Seal
VIM. A. PFEFFERLE Seal
GEORGE d. ERICKSON Seal
tn. ]. SNILSBERG Seal
]. p. GRAFT Seal
u r ~ 80 Z (