The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1920-09-18
ARTICLES OF INcoRPoRATIoN.

L ss M: n I'm XII ~ ~ ~ md 49, III 4 >.
ARTICLES OF INTERPRETATIONS
4: We, the undersigned, residents Of
Puposky, Beltrami county, State OF
Minnesota, do hereby associate our,
selves together for the purpose of be-
coming Incorporated as cooperative
association under the provisions Of
Chapter Three Hundred and Eighty
two (382) Of the Revised Laws Of
Minnesota, 1919, all the acts amenda- /
tory thereof and supplementary there
to-, and to that end we do hereby
adopt. and sign the following articles,
Of Incorporation: h t>::> y. :, y :, ss
H., .s,,.=5sa ARTICLE T.. Ia, w..
(Name and Nature of EBusiness.) w !
The name of this association shall
be .Puposky Potato Association. I'd
|. {, The general nature Of its business
: shall be to conduct an agricultural,
mercantile and manufacturing enter
prise upon the cooperative plan. It
shall have the power to- buy and sell
Ssits own products, or those Of its
11men1bers or ofNother cooperative as
Ssociations, as it, &ors it's members, or
other cooperative associations, may!
determine, either individually or col
@lectively as the case may be: It shall
also for the above purpose have
power to purchase, and hold, lease,
mortgage, cucumber, sell, exchange
and convey such real estate, buildings
and personal property as the business
Of the association may require, and
to erect buildings upon its own lands
Or leased grounds. z, 81 ~; -. 5 y
This corporation shall, also, have
power to- affiliate WITH, and to CO.
operate with, by membership or other
wise, any other association having a
like cooperative purpose; to sub
scribe for and invest all or any part
Of its funds in the capital stock Of
any other cooperative association.
It shall have power to do anything
land everything, not inconsistent with
law, which is necessary or desirable
to accomplish the effects and purposes
herein stated. a*- ~ H. =. 49,, > <.
. $ =. 81 s5$: s.S I: :. ARTICLE IL. zg
5 ". .S.~s (Place: of Business.)- ,>2
The principal place Of ,transacting
business 81 this corporation shall be-
at Puposky, County Of Beltrami, Min
nesota.* Z. = /. ~ e: =
period of Commencement and
Duration.) :: I : ~ r. Z .s4.SS
= The time Of commencing business
for this corporation shall be Septem-
| Der 15,: 1920, and the period for its
duration shall be thirty years. :
ARTICLE w.
~ Capital Stock.) " :'s'-r:!..
thames and Residences Of Incor-
porators.) - ~: - - =
The names and places of residence
of the persons forming this corpora
ton are:
Chas:. Cramer, of Puposky, MINI.
t.. Joe-Auchter, Of Puposky, MINI.
! C: w. Clark, Of Puposky, MINI.
Chas. Durand, of Puposky, MINI. >
Chas. Coffin, Of Puposky, Mimi.
Emil Gustafson, of Puposky, MINI.
! &, M. Christensen, of Puposky, MINI.
>:.s ID ARTICLE ". ~. -
:..z:z=ss ~: 6 (Management.) ;5s%}e1- =
{ The management of this corpora
ton shall be vested in a board of
directors members.
The names and places Of residence
of the first board Of directors, who
fshaH serve until the first eleetion,
[ are: sss]sss2s@54s 4 - -* s~ss:S,'
h Chas. Cramer, of Puposky, Mimi.
rs Joe sAuchter,Eof. Puposky,% Mimi.
&C. W. Clark, Of Puposky, Mimi. 4
!. 90 Chass. Dnrand, of Puposky. MINI:
L 4 Chas. Coffin, Of Puposky, MINI. z Z,
Officers aof this corporation shall
lbe "a president, vice president and
Observation-Disclosures, elected annually
tby and from the board Of. directors.
The annual meeting shall be held
! in each year on the third Saturday OF
June. =
49,. 49,, .. o. ARTICLE w.:
The amount of capital stock of this
corporation shall be Two Thousand
Dollars ($2,OOO.O0), which shall be
paid in money or in property or both,
in such manner, at such, times, and
in such amounts as the board of d.
rectors shall order. The capital stock
shall be divided into eighty shares Of
the par value Of $500 each.
| = : - <aNA AO0C' vAA'
I. e.. 3 ~ >. ,. (Indebtedness.) 4 5>!' :: -.
| The amount of Indebtedness that
may be. incurred by or in behalf Of
this association shall at no time sex-
coed 81, 100000. ~'#fT:. .-f>Ez:
! t" 49, ARTICLE VIII. H..
These articles may. be amended in
the manner provided BY law. - 4
In testimony whereof, we have
Ihereunto, set our hands, this 18th
day, of-September 1920. It.l.G1, Il 800.
:,'' e. W. CLARK. 49,,
> :~CHAS; GRAMER,.
e., EMIL GUSTAFS0N.
CHARLES DURAND.
CHARLES E. COFFIN.
. - M~~CHRTSTENSEN-