The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1919-05-03
A,sEupnENT or ARTICLES or m
CORPORATION or BE1uDJ1
MANuFACTuHI1a0 COMPANY,

state of Minnesota, County of sBeltra-
mi. ss. ...-r'-.s. -7-5i.+'.
:. a. M, Bagley and w. L. Brooks after
being duly sworn. each for himself de-
poses and under his oath certified
That they are respectively the Presi-
uf Company, q corporation Or
ganized and existing under and ny
virtue Of the laws Of the State Of Mime
sofa. u. cstr a., 49, - 49, y .s I, ~ ~
That on the 25th, day Of April. 1918.
Special meeting Of the Stockholders Of
said corporation, duly called. for the ex-
pressly stated purpose OF amendine
Article III Of the articles OF incorpora-
sreass the capital stock Of said corpor-
p proSide tt that ssS,o Of SAID stock shall
Sc common stock. and that $50 eo there.
oaid an annual dividend Of ten per cent,
such annual dividend to be cumulative
paid upon the common stock Of said
corporation, and said corporation to have
the right to retire said preferred stock
It any time after five years from, the
the face value thereof. and accrued diyi-
dends to the time of such retirement.
and also to amend Article Nv of the
articles Of incorporation so % as id 70 m
ness or liability to which said corpora
| ton shall at any time be subject from
$4,000 to $125.000, the following resolu.
ton was adopted by majority vote fss,e Of
and outstanding: ~ g. r..
Resolved. that Article: III Of the arti-
cles of Incorporation OF this corporation
! be amended SO at to increase the capital
to s126, 600, SO that said Article III shall
read as follows: .,.. 80 d.
Section /. The capital stock OF said
corporation shall be One Hundred and
twenty-five Thousand Dollars. and the
same shall be divided as follows: $7b,eo0
| thereof into seven hundred and nfty
shares Of Smarsa s doiars OF eae s5o
| 600 thereof to be designated as Prefer
red stock, to be divided into 500. shares
| Of the par value of $4,000 each. said
Ss es stG sn to anh hasf
per cent, such annual dividend to be
cumulative, and to be paid before any
dividend Is paid upon the common stock
| ton to have the right to retire said
preferred stock at any time after hve
years from the date OF Its issuance upon
accrued dividends up to the time Of such
resolved that Article ~ Of the arti-
c1es Of incorporation Of this corpora
highest amount Of Indebtedness or liabil.
| ity to which said corporation snaH az
any time be subject from $lO,9o0 70
s1s5. 900. SO that said article ~ snali
| eau 90 ARTICLE ~.
| The highest amount Of Indebtedness or
liability to which said corporation shall
at any time be subject shall be One
| Hundred and Twenty-Five Thousand Dol
In Witness Whereof the, said Presi-
dent and Secretary of said corporation
have hereunto set their hands and ark
| ed the seal OF said corporation, this
25th day Of April. 1919.
" " L L. sRooks..
corporate SeaD
| Subscribed and sworn to Defore me
tNeta spd 'A' Va WM. ]. wERTH.
SeaD Notary Puniic'
My commission expires Dec II, IVA
State Of Minnesota 49,. ..-
Department Of State.
I hereby certify that the within In
struments was filed for record IN this
office on the 2Sth day Of April, 1919
at 9 o'clock a. m, and was duly record
ed in book H-4 Of interpretations on
JULIUS A. ,ScHMAHL,
Secretary Of State
1900
Office Of Register Of Deeds,
HI Beltrami County, Minnesota
hereby certify that this Instrument
was aled in this office for record on tn!
D. M, and was duly recorder in Boos
IL Of Miscellaneous on page 49,
Register Of Deeds