The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1915-07-29
Articles of incorporation
of
The Peoples Supply COMPANY

Know all men by these presents, that we,
the undersigned. do her eby associate our
selYs together and agree to be and become
corporatio39 under and by virtue of the
OF Minnesota. 1905, and the acts amendatorv
thereof and supplemented thereto, and to that
end Ind for that purpose We do hereby adopt
ana sign the following Certificate and Ar
t1cles OF lncorpora ton, to-wit:
ARTICLE /.
The name of this CORPORATION sha II be ..The
Peoples Mercantile Company. The general
| nature of its business shall be: TO buy sell,
hold. dispose of, deal in and deal with
either at Wholesale or retail, upon Its own
visions, produce feed. meats, hardware,
crockery, sporting goods, builders supplies
and % other goods wares and merchandise
ness, whether hereinbefore enume rated or
not; and said corporation may buy, own
lease Isa and sell real-estate. and may acquire
t1tle to hold. use and dispose of all such
property INCLUDING real, personal and mixed,
and to do all things and acts usual, incident.
necessary, convenient. expedient or condu-
a1ororesald. or 10 the continuance and man.
agement of the business of said corporation.
y, The principal place for ,transacting the
business OF said corporation shall be at
State of Minnesota. The period of duration
snail be thirty 900 years from and after the
date and completion of its corporation.
ARTICLE2 2.
The amount Of apital stock Of this corpo-
lars ooo to be paid in in cash or prop 1pt
or both as may be determined by the Board Of
Directors. Said capital stock shall be divided
nfD We Fn9d1d $500 shsGes Of the Rs
highest amount of Indebtedness or liability
to Whic h the corporation shall at any time
be up 5ject shall be Fifteen Thousand Dollars
ARTICLE 3.
The name and places of residence of the
persons forming this corporation are Edwin
Nunsted }. H. Winger, Verne N. Johnson.
and G; s: Johnson, an Of whom reside in
Vrand Marals. COOK County, Minnesota.
ARTICLE 4.
ernment of said corpora tion and the manage
ment of it's officers shall be vested shall be a
Board OF three Directors members of which
boaEd shall be elected annually by the stock
annual meeting which shall be held at G rand
Marais. at one O'CLOCK. in the afternoon. on
ana ss P M9nSaX in VICE F1esX of essn
and Treasurer, who shall be elected by the
Board of Directors from their own number
at ea ses first t meeting ie Of the Board
and direc tors Of said corpor ration shall hold
their their respectiye Offices for the period of one
duly elected and qualified, and any two of
said offices except President and Vice Presi-
dent may be held by the same person.
Edwin Nunstedt. Werner N. johnson and G.
s. Johnson shall constitute the first Board of
Directors. aud until their successors have
been duly elected and qualified, the following
named persona shall be the officers of said
corpora tion: Edwin Nunstedt. President and
Treasurer; J. H. Winger. Vice President; and
Verne N. Johnson, Secretary
IN WITNESS WHEREOF, We have here
unto set onr hands and seals this 10Th day Of
July, A. D. 1915,
EDWIN NUNSTEDT.
J. H. WINGER.
VERNE N. JOHNSON
@. s. JOHNSON.
Signed, sealed and delivered in presence of
CHAS J. JOHNSON.
BERTHA NORMAN.