The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1915-08-12
Articles of INCORPORATION
The Peoples Supply Company

AAS SOF1S . OuFFAy NVIllk0lly
Know all men by these presents. that we,
| the undersigned. do hereby associate our
selys together and agree to be and become
cGrPo1at1 TIC under and by virtue Of the
OF Minnesota, 1905 and the acts amendatory
| thereof and supplemented thereto, and to that
end ana TOR that purpose we DO hereby adopt
and sign the following Certificate and Ar
| tlcles OF lncorpora ton, to-wit:
ARTICLE 1.
The name of this corporation shall be 1.-THE
Peoples Supply Company. The general
nature of its business shall be: TO buy SELL
hold: disp9se, Of deal in and deal with
account or upon commission, groceries, pro-
visions, produce, feed, meats, hardware.
crockery, sporting goods, buiders' supplies
to all nes Of bus
ness. whe Their hereinbefore enumerated or
not; and said corporation may buy, own,
Lease i; and sell real-estate, and may acquire
| title to hold. use and dispose of all such
property Including real, personal and mixed,
and TO 40 all things and acts usual, incident.
necessary. CONVENIENT. expedient OR condu-
GIVE 10 the attainment of any of the purposes
atororesald. or TO the continuance and man.
agement Of the business of said corporation
The principal place for transacting the
business of said corporation shall be at
grand Marals. in the County Of Cook and
state of Minnesota. The period of duration
shall be thirty 500 yea rs from and after the
date and completion Of its corporation.
ARTICLE2.
The amount Of apital stock of this corpo-
ration shall be Twedt Five Thousand Dol
lars (S25OO0) to be paid in in cash or property
or both as may be determined by the Board Of
Directors. Said capital stock shall be divided
value of Fifty Dollars (S5OOO) each. The
highest amount of ind ebtedness or liability
to which the corporation shall at any time
De pc, So bJect shall be Fifteen Thousand Dollars
(Sl5 O0O, O0).
ARTICLE g.
The name and places of residence of the
persons forming this corporation are Edwin
l Nuns s. tedt' ! Fl. W1ngee1r, Verne N Johnson.
ana Z. 5. johnson, all of whom reside in
Grand Marais, Cook County Minnesota.
ARTICLE 4.
The officers and persons in whom the Gov
eminent Of said corpora tion and the manage
ment of its officers shall be vested shall be a
board shall be elected annually by the stock
holders franz their own number at their
annual meeting which shall be held at G rand
Marais. at one O'CLOCK, in the afternoon. on
and President. Vice President, Secretary
and Treasurer, who shall be elected by the
Board lot Of Directors from their own number
in each year after the u annual 'n n %eet1
ing, Of stockholders: Each Of the officers
and al direc tors of said corpo ration shall hold
their respective offices for the period of one
year, or until their successors have been
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 C.
s, johnson shall constitute the first Board of
DIRECTORS. aud until their successors have
been duly elected and Qualified, the following
named persons shall be the officers of said
corporation: 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.
]. H. WINGER.
VERNE N. JOHNSON.
G. s. JOHNSON.
Signed. sealed and delivered in presence of
CHAS J. JOHNSON.
BERTHA NORMAN.