The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1917-08-08
ARTICLES OF INCORPORATION
North Shore Garage and
Transportation Compan,

We, the undersigned, for the purpose
of forming a corporation under and
pursuant to the provisions of Chapter
5 SO, General enc Statutes OF Minnesota for
of, do hereby associate ourselves as a.
body corporate and do hereby adopt the
following articles OF Incorporation:
ARTICLE l.
The name of this corporation shall
be North Shore Garage and Transport
tation Company.
portaton business for profit; to buy,
own, sell and rent garages and garage
SITES site to buy, own and sell automobiles
to own and operate machines and re-
pair shops and manufacturing plants
relating to automobile and transporter
ton business; to carry mails, express
and passengers for hire; to buy, own
and sell horses and vehicles necessary
to the proper conduct of the business
transportation lines within the United
States and Canada.
The principal place of transacting
business of this corporation shall be in
County, Minnesota.
ARTICLE II,
The time for the commencement of
this corporation shall be August 16,
1917, and the period of it's duration
shall be thirty years.
ARTICLE III.
The name and places Of residence of
the persons forming this corporation
are George w. Robertson, J. G. Robert
son and Fred A. Winger, all of Grand
Marais, Minnesota.
ARTICLE ".
The mana cement of this corpora ton
shall be vested in a board of directors,
composed of not less than three men,
bers and not more than five members.
The name and addresses of the first
board of directors are George w.
Robertson, j., B: Robertson and Fred
A. Winger, all Of Grand Marais, Mime
sofa.
The first officers of this corporation
shall be: President. George w. Robert
and Secretary and Treasurer, Fred A.
WinGer.
All the above named officers and
directors shall hold their respective
offices aforesaid until the stockholders
meeting to be held September 1st, 1917,
at which time a board of directors
shall be elected from and by the stock
until the first annual meeting of this
corporal ton on the first Monday in jan
uary, 1913, at which time and annually
thereafter board of directors shall be
elected from and by the stockholders of
this corporation.
The annual meeting of this corpora
ton shall be held at it's principal place
of business on the first Monday in Jan
the election of directors or as soon
thereaft as practicable the directors
number a president and vice presi-
dent and from their number or from
the stockholders q secretary and a
treasurer Any offices excepting those
held by one person. The directors and
officers of this corporation shall hold
their respective offices until their sue
ceSsors have been duly elected and
entered 6iSch1r1ra Of hoj
duties.
The first meeting of the stockholders
and the board of directors shall be held
at Grand Marais, Minnesota, on the
10th day Of August, 1917, at 10 and II
o'clock A. NJ. respectively.
ARTICLE V.
The amount of capital stock of this
corporation shall be twenty-five thous-
at such times and in such amounts as
the erh board Of directors sholl order:
par value of ten dollars each. One
thausand of said shares shall be pre-.
be common stock: The holders of the
preferred stock shall be entitled to re.
ceive from the surplus or net profits
OF the corporation, when and as de-
dens, divided at the rate Of eight per
cent per annum payable annually on
the nrSt Monday in January in each
year, beginning with the year 1919.
The dividens on the preferred stock
shall be cumulative and shall be paid
before any dividends are paid on the
common stock.
At all elections Of directors each
holder OF common stock shall be entitled
to as many votes as shall equal the
number Of his shares of stock multi
piled by the number of directors to he
elected and he may cast all Of such
votes for a single director or may dis
tribute them among the number to he
voted for or for any two or more OF
them as he may see fit. Preferred
stock shall not be voted.
ARTICLE VI.
The highest amount of Indebtedness
or liability to which this corpora ton
shall at any time be subject shall he
the sum of twenty five thousand dollars
IN TESTIMONY WHEREOF Wehave
hereunto set our hands this 28th day
of July, 1917.
GEO. w. ROBERTSON
J. B. ROBERTSON
FRED A. WINGER
In the presence of:
S. c. MURPHY
F. G. LUNDQUIST
STATE OF MINNESOTA, COUNTY OF
COOK-ss.
On this 28th day of July, 1917 per-
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