The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1916-04-27
First Pub. Apr. 20
Articles of Incorporation.

Know All Men by These Presents: That
scribed, have, for the purpose of becoming
corporation under and pursuant to the laws
of the state Of Minnesota. become associated
Articles Of Incorporation.
ARTICLE FIRST.
The of this corporation shall be '"The
Mahkoda Land Company. The general nature
owning, improving, selling and dealing in
lands, tenements and heredtaments, real per-
sonal and mixed estates. Buying and owning,
and other chattel securities, and loaning
money on the same. The principal place
for the Of the Of this
ton, county Of Mile Laos, and state of Min
nesota. -, so
ARTICLE SECOND. .al
The time of commencement of this corpora
ton shall be the first (1st) day of May, 1916,
and the period of its continuance shall be
thirty 'S0' ye ART1c1E THIRD,
The amount Of the capital stock Of this
($5o: ooo) and shall be paid in called for by
~a ARTICLE FOURTH.
The indebtedness Of this corporation shall
not at any time exceed the sum of Fifty
Thousand Dollars (s5o.ooo).
ARTICLE FIFTH.
The names and place of residence of said
incorporators. are as follows: w. S. Foster
resident of the city of Minneapolis, Swan S.
Peterson and Charles Keith, residents of the
village of Princeton, all in the state of Min
nesota. .'. ~@S
~ ARTICLE SIXTH.
The names Of the first board of directors of
said corporation are W: s; Foster; Swan S.
ment of said corporation and the management
of its affairs shall be vested in a board of
three 80 directors from whom shall annually
Vice President, Secretary and Treasurer, and
the office of Secretary and Treasurer may be
holden by one person. Said officers shall be
elected annually hereafter on the first Mon
the first Monday in May, 1917, the persons
above named as the first board of directors
shall act in that capacity, and the first
Monday in May, 1917, and annually there
after new board of directors shall be elect
ed by the stockholders of said corporation and
from their number said board of directors shall
elect the officers of said corporation to act
Said election of directors shall take place
as soon thereafter as may be practicable at a
time and place to be then and there designated
by the board of directors SO elected.
ARTICLE SEVENTH
The number of shares of the Capital Stock
Of said corporation shall be Five Hundred
$500 and the amount of each share shall be
One Hundred Dollars (S100).
Witness our hands and seals this 18th day
W ywA s; F s. Jefferson {Sss1}
CHARLES KEITH (Seal)
In Presence of
FRED G. KEITH,
JNO. F. PETERSON
STATE OF MINNESOTA, County of Mile
Laos, IS.
On this 18th day of April, 1916, personally
| appeared before me w. S. Foster, Swan S.
Peterson and Charles Keith, to me known to
be the same persons who executed the fore
going Articles Of Incorporation, and acknowl-
edged that they executed the same as their
free act and deed and for the uses and pur-
poses therein expressed.
FRED c. KEITH,
(Notarial Notary Public Mile
| SeaI Laos County MINI,
My commission expires Oct. 18th, 1922.
STATE OF MINNESOTA,
Department of State.
hereby certify that the within instrument
was filed for record in this office on the 14th
day of April, A. D. 1916, at 9 o'clock A. M,
| and was duly recorded in Book B-4 of Incor-
porations on page 635.
JULIUS A. SCHMAHL,
Secretary of State.
| Office of Register of Deeds, County of Mile
Laos, State of Minnesota,
hereby certify that the within instrument
was filed in my office for record this 18th
day of April A. D. 1916, at o'clock P. NJ,
| and duly recorded in Book A Of Incorpora-
| tions on page $50.
, A. G. OSTERBERG,
Register of Deeds.
By H. L. Bergh, Deputy.