New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1920-04-28
Paul W. Hackbarth, Residence, New
Ulm, Minnesota,
Otto ]. Buenger, Residence, Sleepy Eye,
Minnesota.

Article vi.
The government of this corporation
and the management of it's business and
affairs shall be vested in board of five
directors, to be elected by the stockhold.
ers at each annual meeting and to hold
office for one year and until their sue
cessors are elected and qualified.
The annual meeting of the corporation
shall be held at its Office OF place of bust
ness in the City of New, .Ulm, Brown
County, Minnesota, ION the second Tues
day in January, of each year.
The names and addresses Of those com
.prising the board Of directors until, the
first annual meeting ARE as follows, to-
wit:. Louis Buenger, ST., Emil r .9Bueng
er, Fred. j. Backer, Paul w. Hackbarth,
allof New Um, Minnesota, and Otto j.
Buenger, Of Sleepy Eye, Minnesota
4: - Article VII. # =:
The amount of capital stock of the
corporation shall be Two hundred thous-
and 5000, 100000 Dollars, to be divided
into two thousand 10000 shares of the
par value Of One hundred st1OO.OOl
Dollars each, which shall be paid in, in
money or property, or part money. and
property at such times and in such a.
mounts as the Board of Directors NAV
order ana direct.
Article VIII.
The highest amount Of indebtedness
or liability to which the corporation shall
at any time be subject shall be One
hundred thousand f$100,000) Dollars.
Article TX.
Each stakeholder shall be entitled to
one vote for each share OF. stock owned
by him.
Article x.
The Board of Directors shall meet i'm
mediately after their election each year
shall then elect from their number a
president and vice-president, and shall
elect from their number or from the
stockholders, secretary and treasurer
The Office of secretary and treasurer may
be held by one and the same person. All
such officers to hold Office for one year
and until their successors are elected
and qualified. The Board of Directors
shall have power to select, employ and
discharge such other officers and EN-
ployees as they may deem necessary
from time to time.
IN TESTIMONY WHEREOF, we
have hereunto subscribed our names
this 10th day Of April, A. D. 1920.
LOUIS buouSeT, 81, tSeal)
Emil F.. Buenger, (SeaD
Fred ]. Backer, (Seal)
Paul w. Hackbarth, (;eaD
Otto J. Buenger, (Seal
In Presence of
Oleta Tauer
Alfred w. Mueller
as witnesses.
State of Minnesota,
County of Brown. IS.
On this 10th day of April, A. D. 1920,
before me, a Notary Public, within and
for said County, personally appeared
Louis Buenger, ST., Emil F. Buenger,
Fred J. Backer, Paul w. Hackbarth, and
Otto j. Buenger, to me known to be the
persons described in and who executed
the foregoing certificate, and they several
lly acknowledged that they signed and
executed the same as their own free
act and deed.
EDITORIAL SeaD ALI. w. Mueller,
Notary Public, Brown County, Mimi,
My Commission Expires, Jan. 7th, 1926
STATE OF MINNESOTA
Department Of State.
I hereby certify that the within in
strument was filed for record in this
Office on che 18th day of April, A. D.
1920, at 8 o'clock, P. NJ, and was duly
recorded in Book IA of Interpretations
on page 673.
Julius A. Schmahl,
Secretary of State.
No. $3.50
OFFICE OF REGISTER OF DEEDS
County of Brown, MINI.
/ hereby certify that the within in
strument was filed in this office for record
on the 9th day Of April, A. D. 1920 at
10 o clock A. NJ and was duly recorded
in Book 8 of Incorporation on page 154
Fred Christensen,
1917 Register Of Deeds.