Echo de l'ouest. [volume] (Minneapolis, Minn.) 1883-1929, 1918-03-08

Geo. R. Smith and Leo j. Gleason,
Attorneys, .-
513 Metropolitan Blk. Bldg. 3-l5
ARTICLES OF INCORPORATION
B. l.. EckEs COMPANY, 1ncorpo-
rated.
Know all men by these Presence,
That we, the undersigned do hereby
associate ourselves together for the
purpose of forming a corporation
under and pursuant to the provisions
of Chapter So of the General Statu-
ties of the State of Minnesota for the
year 1918, and all acts amendatory
thereto, and to that end we do here
by adopt the following Articles and
execute this Certificate OF lncorpora-
ton.
ARTICLE I
The name Of this corporation shall
be B. l.. ECKES COMPANY, IN
CORPORATED.
ARTICLE II
The general nature of the business
of this corporation shall be to manu-
f%acture, sell and otherwise deal in
motor vehicles, and motor crafts of
all descriptions, and supplies; to
handle on commission, or to act as
BROKERS and agents for the same; to
operate a garage and motor car IL
very, to repair vehicles and to con-
duct any and all branches of the mo-
tor vehicle business, including the
manufacturing, acquisition and sale
of auto parts, accessories, or equip
ment belonging thereto and patents,
trade marks, and copy rights as the
same may apply to the motor vehicle
business, together with the power to
purchase or otherwise acquire and
dispose of stocks, bonds, or other
evidence of Indebtedness of other
corporations, public o. private, as
the same may be expedient or neces-
sary in connection with the said mo-
tor vehicle business and to do any
and all things necessary Or proper to
the operation of said business, to-
gether with the buying, selling, leas,,
ing, or otherwise acquiring such real
or personal property as may be ne
cessary and incidental to or connec-
ted with the business of manufactur-
ing, selling, and dealing in motor We
hicle accessories and equipment or
for storing same.
ARTICLE III
The time of the commencement of
this corporation shall be Immediately
upon the recording and publishing Of
a Certificate of Incorporation as pro-
vided by law and it shall continue for
a period of Thirty (30) years there
after.
ARTICLE w
The amount of the Capital Stock
of this corporation shall be Fifty
Thousand $3.50, 900. O0) Dollars, to be
divided into Five hundred (5OO)
shares of the par value of One hun
dred (1OO.O Dollars each. Of such
total authorized Capital stock two
hundred fifty (250) shares, amounting
to twenty-five Thousand ($25,O0O.OO),
Dollars, shall be common stock and
Two hundred fifty (25O) shares of
such authorized Capital stock amount
ing to twenty-five Thousand $685.
O00, OO) Dollars shall be Preferred
stock. Only Common Stock shall be
voting stock; the holders of Pre-
ferred stock shall be entitled
to receive dividends thereon at the
rate of Seven per cent q p. CO. per
annum and said dividends shall be
cumulative, payable annually the LIST:
day of February of each year and
shall be paid before any dividends on
the common stock shall be paid or set
apart.
Upon the dissolution Of said corpo-
ration, said Preferred stock shall be
as to assets and to the ex-
tent of it's par value and shall partl-
no further in the assets OF the
corporation. Both the Common stock
and Preferred stock shall be disposed
of at such times and upon such terms
and in such manner as shall be deter
mined from time to time by the
of Directors; but said corpora
ton may legally begin to do business
as soon as stock amounting to the
sum of Ten Thousand $50 ,O0O.OO)
Dollars shall have been subscribed
for.
The highest amount of indebtness of
liability to which this corporation
shall be at any time subject shall not
exceed the sum of Fifteen thousand
($15, 1000 .00) Dollars.
ARTICLE V.
The government of said corpora
ton and the management of its at
fairs shall be vested in a Board OF
Three Directors, all of whom shall be
owners of Common Stock and shall
be elected by the vote of the holders
the Common Stock of said corpora
ton at the annual meeting thereof,
which shall be held on the third Mon
day in January in each year;until the
ANIMAL meetinp IF the CORPORATION so
to be held in the year 1919 B. L.
Eckes, P. S. Eckes, and W. r. vashro
shall constitute such Board OF Dlrec-
tors. The officers of the corporation
shall be elected by the Directors there
annually at meetings thereof to
be held at the same place and lmme-
liatly after adjournment Of the annual
meeting of the stockholders as above
provided.
The names and addresses of the
incorporates of this corporation are:
8. L. Eckes, Minneapolis Minnesota
p s. Eckes Minneapolis. Minnesota !
w. r. Vashro, Minneapolis, Mimi
,sota
ARTICLE vi
The Principal place oi ...--SS:::::c=: q f,
said corporation shall be at Minnea-
,olis, Minnesota.
In Testimony Whereof, we have
1ereunto set our hands and seals
his 23rd day of February, 1918.
B. L. ECKES, (SeaD
P. S. ECKES, (Seal)
W. R. vAsHRO, (seal)
n presence Of:
n. A. L'HERAULT,