The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1919-09-05

be Peoples Cooperative Store Of Bel
, trami Co.. Incorporated. Ihe genera
gage in any lawful mercantile, manu-
featuring or agricultural business on the
cooperative plan. The principal place
Of stiff e ee in CITY o. Of
County Of Beltrami, Minnesota.
z,~=t IA Article II.
The time for the commencement Of
10. 49,, ana the. period Of its duration
shall be twenty yy fials' III ~
The names and places of residence Of
the persons forming this corporation
J. L. Coy Of Wilton. MINI.
F. W. Hall. Of Wilton, Mimi.
Lars Christensen. of Wilton, Mimi
n: kyf Han sd W Of %il M,nn MIMI
Yves We Wright. Of Bemidji, MINI.
r. r. stai, Of wilton wilton: MINI MINI roy
Article Nv.
The management OF this corporation
shall. be vested in a board of directors,
composed Of not: less than five and not
more than. thirteen members. go The
names and. addresses Of the first board
L. A: Hanson, Wilton. Mimi.
|. Ole jacobson Wilton, MINI.
Yves Wright. Bsmidji; MINI.
Emil olson, Wilton. MINI:
J. L. Coy Wilton, MINI.
?. W. Hall, Wilton, MINI.
n harf Ry Ghs's Wiiton, M Mi11On MIMI
The first, officers Of this corporation
shall be-. President, J: L; Coy, wilton,
MIMI Xieeprssaidfent srs Ha W
wilton, Mimi: Ali Of the above named
officers and directors shall hold J., their .Sa
to be held as provided IN the bylaws,
| at which time and annually thereafter,
| from and by the stockholders of this
/ corporation. The annual meeting Of this
| corporation shall be held at it's prin-
cipai place Of business as provided provided IN
| after the. election Of directors, or as soon
| thereafter as practicable, the directors
| shall meet and elect from their number
from their number or from the: stock
! holders a. secretary and a treasurer:
Any office except that Of president and
az and ne'a
| corporation shall hold their respective
/ offices until their successors have been
Charge Of their duties: The first meet
ings of the STOCKHOLDERS and of the
| board of directors shall be held as pro-
-vided in the bylaws on the: .........
o'' - rs:;i::. Article. VI =. =.
The amount Of re capita: j St eek oe &
this corporation shall BE- e'o0G;Go2
| shall be paid in in money or property,
or both, in such manner, at such times.
and In. such amounts as the board Of
directors shall order. The capital stock
part value Of. 5000 1920, e zach = a. ...
7 The highest amount Of indebtedness
- ,34I, n
shall at any time be subject shall be
the sum of mot to exceed its paid in
| capital stock.
in testimony whereof, we ha We here e.
August. 1919.
L. A. HANSON.
OLE JACOBSON,
| YVES. WRIGHT.
| ROBERT stat.
| EMIL OLSON.
| In the presence Of
EAKs sak1sr1ANsoN.
County Of Beltrami, State of Mime
On this 9Th day Of August, 1919, per-
sonally appeared before me. .-:,...>...::
to ne known to be the persons named
III and who executed the foregoing Ger
tff1cate' Of interpretation. and each
ACKNOWLEDGED that he executed the same
as his free act and deed, for the uses
and purposes therein, expressed.
r. GEO BRENNAN.
f., - ., Justice Of Peace, +
-" a., This. is the maximum time for
l. which: q business corporation, other
than q railroad company or cooperative
| association, may be created, Corporate
| existence, however, may be renewed
|, from time to time, for q like interval.
| For railroad corporations and cooper
alive association. see the statutes relat-
| ing thereto.
(2) Three, incorporates at least,
| must join in signing the certificate Of
| incorporation.
60 There must be at least three d.
l, rectors. Savings banks require seven.