The Irish standard., 1916-07-01
Articles Of Incorporation
of
Merchants Home Trade Association,

We, the undersigned, for the purpose
oI forming an: ana being corporation
PSSrs sf tbe to the proyisions Of Chapter
sofa for 1913, do hereby associate our
selves together as a corporation and
hereby nI,y. agree upon and adopt the fol-
lowing Articles of Incorporation.
Article 1.
The name of this Corporation shall
pc the Merchants Home Trade Associa-
s ton: It's s. principal place of business
business shall be to the buying and SELL
v ,ng, eSc nan mortgaging and con-
any village, town. city or state in the
United States; to do general advertis-
Ing nfga business business, to print, issue and circu-
out contracts with Corporations and
individuals to advertise their business
ny special deyices, to give merchandise
are to be certificates or vouchers to
ne sold by the Corporation and to be
f teaets ,,,a by it according: to its con-
do everything necessary, suitable. con-
venient. or proper for the ACCOMPLISH
amer ment on OF any an and az Of the purposes of
named, which shall at any time appear
eSpedient for the protection or profit
OF this Corporation.
Article 2.
The time of the commencement of
this Corporation shall be July list, 1916.
and the period of it's duration shall be
thirty years.
Article 3.
The names and places of residence
John oh r: Kelly, 315! 18th Ave. s., Min
nnee;aposis. Mimi; George E. Leonard,
2ri3 p; 'asant Ave. Minneapolis, MINI. /;
Minneap> lis, MINI.
The managem A1!te' of t this Corporation
dhai BE vested @be sh in board Of seven
a an ,, each Of whom shall be elected BY
CCorporatom' BY The stoeholders Of this
ness of said Corporation in the CITY of
MMi nn1,ap OF l. Minnesota on the second
mencing with the year 1917. At all
meetings of the stockholders each share
f The ha1dep stock issued shall entte
person or by written proxy.
Article s.
\, The officers Of this Corporation shall
s Sc ryes nnG ira, wiee President
Stockholders, by the Board of Directors
at the meeting of the Directors held on
ing the regular annual meeting Of the
stockholders each year. and Said Di-
rectors so elected shall hold office until
their successors are elected and uuali-
fed. Any two of said offices, eXcept
that of the President and Vice Presi-
dent. may be held by the same person.
Vacancies in either. or in any. of the
offices, or in the Board of Directors.
may be filled by the Board of Directors
at any regular or special meeting called
for that purpose. The following off,
GERS will constitute the officers Of this
Corporation until the first annual meet
ing held the second Monday in Febru-
AIRY, 1917. or until their SUCCESSORS have
been elected and qualified.
William II. Donahue, President
Alfred r. Hawkinson. Vice President.
John r. Kelly, Secretary.
John r. Kelly, Treasurer.
Article 6.
The amount of the capital stock of
this Corporation shall be One Hundred
Thousand Dollars (S1OO. 900. OO). Fifty
Thousand Dollars (S50.OOO. OO) of which
shall be Common Stock. divided into
Five Hundred (5OO) shares Of One Hun
dred Dollars lS1G0OO) each, and Fifty
Thousand Dollars t$5O.OOOOO) of Pre-
ferred Stock. divided into Five Hun.
dred (5OO) shares of One Hundred Dol
lars (s1OO.0m each. which said stock
both Common and Preferred, may be
paid for in money or property, or both.
in such manner and at such times as
the Board of Directors shall order and
direct. The said Preferred Stock shall
be entitled to receive dividend Mt
the rate of seven per cent (7ot) per
annum. payable Semi-annually on the
LIST day of March and the LIST day of