The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1916-12-27
ARTICLES Of INCORPORATION
TRADING POST, INCORPORATED

~, Know all men by these Presents.
That we the undersigned do hereby
to be and become q corporation under
Chapter IS Of the General Statutes Of
and tas assi
to that end and for that purpose we
do hereby adopt and sign the following
Certificate and Articles OF Incorpora-
ton, to-wit:-
The name Of this corporation shall
general nature Of the business of this
corporation shall be: To deal in and
deal with. either at wholesale or re-
soo avn wTss ana %sr
chandise. and other personal property
OF every kind. nature and description
whatsoever WI Including fish, fur and fur
lines of mercantile business, Including
the right to acquire. own. hold, rent,
incumber and convey real estate or any
interest therein.
The principal place for translc"
the business Of said corporation shall
be at Grand Marais, in the County of
Cook. and State Of Minnesota, and said
corporation may conduct stores. and
place or places as may be determine
The time Of the commencement of
this corporation shall be December 18th
1915 and shall continue for a period of
thirty (3O) years, and may be renewed
from time to time for further periods.
Article III
The amount of capital stock of this
corporation shall be Twenty-Five Thou
sand Dollars ($25.000. 00) to be paid in
cash or property or both as may be de-
termined by the Board Of Directors.
% ifa1 es%1 ~
two hundred and fifty (25O) shares of
the par value of One Hundred Dollars
($1O0. 0O) each.
The highest amount of Indebtedness
or liability to which said corporation
shall at any time be subject shall be
O0).
Article v
The names and places of residence
OF the persons forming this associa-
ton for incorporation are as follows,
tO-Wit:-
Chas. J. Johnson, Grand Marais. Min
nesota.
A. c. Johnson, Grand Marais, Minne-
sofa.
c. G. stubstad, Grand Marais. Mime
sofa.
Article vi
The officers and persons in whom
management of it's affairs shall be
vested shall be Board of three direc-
tors, members: of which board shall be
elected annually by the stockholders from
their own number, at their annual
meeting which shall be held at Grand
Marais, on the second Monday of Janu-
airy of each year, at o'clock in the
afternoon, commencing with the year
1917, and a President, Vice President.
Secretary and a Treasurer who shall
be elected by the Board of Directors
from their own number at the first
meeting Of the Board in each year, af-
ter the annual meeting of Stockholders.
Each Of the officers and directors Of
said corporation shall hold their re-
spective offices for the period of one
been duly elected and qualified and any
two Of said offices except President
and Vice President may be held by the
same person.
The above named incOrpOrators shall
constitute the first Board of Directors
and until their successors have been
duly elected and qualified the following
named persons shall be the officers of
said corporations:
Chas. J. Johnson, President and Trea-
surer
A. c. Johnson, Vice President.
G. G. Stubstad, Secretary.
In, Testimony whereof, Witness our
hands and seals this 5th day Of De-
CHAs. J: JOHNSON. (seaD.
c. 6: sTUBsTXD. {sea5:
In presence of:
ANNA DANiELs