The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1918-10-02


/. .1S5 Of .5.2. " 5I=I B.
Royal RI Land and a Abstract Co.
For the purpose of forming and be-
ing e. corpora ton under and by virtue
Of the constitution and general laws 81
the State OF Minnesota, and particular
ly#4 4ndee the provisions Of Chapter S.
for the Year 1918. We. the tndersign ssd
do hereby associate ourselves sfnrether:
and adopt the following Articles s. ST
5e:. &$t.3 Nv. ARTICLE T.
The name Of this corporation shall
S &c RoTAL Land Ia -: AM ABSTRAcT
business Of this corporation. shall be
ct the Village 81 Grand Marais. in
Cook County, Minnesota, with such
said corporation. The general nature
Of it's business shall be the buying,
hi nc d. nS. improving, leasing and dealing
the buying. holding. selling and dealing
IN notes. MORTGAGES. stocks. bonds and
other tn hos secur RI Including the stocks
| soever located the making or buying
of a general set of abstract of title
books of lands in Cook County, Minne-
sea- 6e ana al as1 IN any other county
ing. on of a general land, mortgage loan
| and abstract of title business; the
carrying on of a general logging and
and selling of timber stumpag &c, buying
| logging and marketing of all kinds Of
forest products, and manufacturing any
ana all OF the same into finished lum-
Der; conducting general store. in
cludlng the buying and selling of all
kinds of goods wares and merchandise;
acting as resident agent for nonresi-
| lands, timber lands or mineral lands;
constructing, leasing, owning and oper.
atlng docks: Wharves and warehouses,
ana the doi1g OF any and al other
going kinds of business.
ARTICLE II.
The time of the commencement of
this corporation shall be September
goth, A. D. 1918, and the period of its
duration shall be thirty (so) years
ARTICLE III.
The name and places of residence of
the lncorporators are: J. c. Johnson. J.
w. osborne and John H. Brigham, all
residing in the City of Duluth. Mime
sofa.
ARTICLE w.
The government of this corporation
and the mana cement of it's affairs shall
be vested in board Of three directors,
enGh &; or + %nom fa, Shall be stockholder
chosen by the Board of Directors from
their own number or from other stock
holders in said corporations: President,
er. Any, two offices, except those of
President and Vice President. may be
held by the same person.
The directors of said corporation
shall be elected by the stockholders
thereof at the annual meeting Of the
corporation, which shall be held on the
first Wednesday OF each year at the
of 0fhcs r OF Said in the Village
O'Clock in the afternoon.
The directors of said corporation
shall within ten Qo) days after the
a annual meeting meet and elect the
vided for. -
The name and addresses of the di-
rectors of said corporation. composing
the first Board Of Directors until the
nrst annual meeting and election OF
son, j. w. Osborne and John Fl, Brig
nam, al residing i'm the City of Duluth,
Minnesota.
VIII The # irSt offieers Of said corpora tion
cessors are, elected and have qualified
are as follows: President, John ri
Brigham; Vice President. j. W. Os-
| 9orne; Secretary and Treasurer, J. G.
The officers and directors Of said
corporation. except those herein desig.
| mated to act as such until their sue
sSa So HTe o Heete 3D. and No have
| year and until their successors are
| elected and have qualified. The officers
OF said corporation shall have such
P tbe bv af 46o authority as are vested in
nesota and the Bylaws of said cor
Porat1on to be adopted as prescribed
ARTICLE V.
The amount of the capital stock of
sag corporation or shall be Fifty Thou
S Se d;x $;So 10000 Dollars and it shall
shares 5h:d Of the par value of Fifty
$4,000 Dollars each. and may be paid
sonaI and yh or property ho real or per
shall determine. When any of said
f RoSrd s a be paid for in property the
| Jar value Of said property and their
uetermlnatlon shall be final and hind
ing. "''' ''i'o
ARTICLE vi.
The highest amount of Indebtedness
or liability to which said corporation
shaal at any time be subject shall not
asnd (s25,ooo.o0) Dollars.
ARTICLE VII.
The Board of Directors of said cor
poratlon may adopt such bylaws. rules
and regulations for the management OF
SAD corporation and it's affairs as it
may deem necessary and may alter
| mod lfy or rescind the same.
IN WITNESS WHEREOF, We have
! hereunto set our hands and seals this
18th day of September, A. D. 1918.
J. e. J609HIM%S S N, (s5ssaD;
| JOHN H. BRIGHAM. (Sean
Executed in presence of:
| N. H. WILSON
| G. F.. ADAMS
STATE OF M1NNEsOTA,)
County of St. Louis
| On this 18th day of September. A. D.