The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1919-10-15
Articles Of Incorporation

vi
Cook County Co Operative.
Land and Live Stock
Company
of forming a cooperative association
under and pursuant to the provisions
Of Chapter 1882. Laws Of Minnesota,
sign and acknowledge the following
written Articles of Incorporation speci-
fed: ljs>z$g ~s5 = .sES <4:z ~. s n s'1
| A.: The, name Of this associa ton
shall be the Cook County Co-operatiye
general nature of the business Of this
| association shall be agricultural and
dealing in live stock and merchandise.
| business shall have power to buy, sell
| and exchange land and merchandise;
breed. raise, feed, buy and sell live
plan and do a general farm, Livestock
| and merchandising business. For the
| above purpose it shall have the power
to purchase, hold, lease. mortgage. en-
real estate. buildings and personal
property as the business of the asso-
citation may reQuire; also to erect
H9op nd its 8Wn +h and or
selling Of all farm products.
The principal place of business Of
this ASSOCIATION shall be at Grand
B. The period of duration of such
| association shall be thirty years from
the date of filing. these Articles.
c. The names and places OF resi-
dence of the persons forming this as
l.. G.. Lundquist. Grand Marais. Cook
County Minnesota: G. F. Lundquist,
Grand rand Marals: Cook County ~ y Minnesota 9
| County, Minnesota. Ruth G. Soderberg.
| Grand Marais, Cook County. Minnesota.
las: S: Woods. Grand Marais. Cook
Marais. Cook County. Minnesota. Ed.
Nunstedt. Grand Marais, Cook County,
| Minnesota. Dan Mcdonald. Grand
NJ Marais, COCK c9unty: Minnes9ta; John
| Minnesota. John Woods. Grand Marais,
| Cook County, Minnesota. J. W. Schoen.
Grand Marais, Cook County: Minnesota.
Grand Marais, Cook county. Min maota:
J: B: Robertson. Grand Marais., Cook
Grand Marais. Cook County. Minnesota
County. Minnesota
d: The management of the business
of this association shall be vested in a
and addresses of the first Board of
Directors are:
co L; G. L9 %}daalat Grand MaraS Cock
Grand Marais. Cook County. MINNESOTA seta.
| John Samskar. Grand Marais, Cook
County. Minnesota. Chas. seglem,
Satn 5 %der COOK rs Gognty
eher oniees unti the neS first w anh n1id
election of said association. which shall
oe held on the second Monday of July
A. d. 1919, at which time, and annually
! thereafter. the Board OF Directors shall
pc chosen from and by the stockholders
Of Of, the SAID associations; a majority of
| The annual meeting of this associa-
ton shall be held at it's principal place
Of business ON the SECOND Monday Of
election of directors. or as soon there
after as practicable, the Directors
shall meet and elect from their Board
president. one or more vice,presidents
a secretary and treasurer. Any offices
other than that of president and vice.
president may be held by one person.
Each officer shall be- a director of the
and treasurer, may be combined and
when so combined the person filling
the office shall be termed secretary
The directors and officers of this
association shall hold their respective
OFFICES until their successors have been
duly elected and qualified. quorum
at any regular or special stockholders
meeting, regularly called, to remove
any director or officer for cause and
M the vacancy; the bylaws shall
electlng directors.
r: The capital stock of this asso-
citation shall be Sixty Thousand (6O,O00)
Dollars % liars divided into six thousand
o11,n
(10) Dollars each. which shall be paid
in money sor it's equivalent in such
amounts amount and at such, times as the
share of stock shall be issued for less
than it's par value, nor until the same
mas been paid for and such payment
The association may limit the amount
OF stock or number of sharec which
may be issued or owned by one person,
n}t. in no case shall the person be
than would represent the par value of
100000 of such stock.
No stockholder shall be entitled to
bylaws of the association and no
stockholder shall be allowed to vote
by proxy.
F. The highest amount of indebted
ness or liability of which this asso-
shall be $4,000. ~'
G. This association is hereby en-
powered powered at any regular or special
meeting OF the association to amend
these Articles Of Incorporation, and in
crease or decrease it's capital stock;
provided, any decrease in capital stock
shall not be more than eighty (8O) per
cent OF the original stock. The Board
OF Directors shall make and adopt by
laws in conformity with these Articles
OF incorporation and the laws of the
State of Minnesota
IN WITNESS WHEREOF the nar+ias
hereto have hereunto set their hands
and seals this 26th day Of May. 1919.
L. G. LUNDQUIST
G. F. LUNDQUIST
ANDREW J. BECK
RUTH G. SODERBERG
JAS. S. WOODS
JOHN NELSON
ED. NUNSTEDT
DAN MCDONALD
JOHN SAMSKAR
JOHN WOODS
J. w. SCHOEN
CHRIS TORMUNDSON
J. H. WINGER
j. B. ROBERTSON -
MATT JOHNSON
CHAS. SEGLEM
In presence of:
S. G. MURPHY
BERTHA JOHNSON