The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1920-02-26

and fuel, all Of every kind, sort anG
description, and to buy, own, lease
sell, Operate and otherwise deal il
\ mills and factories, and all building:
accessory thereto, and machinery and
tools Of every kind, sort and descrip
ton, for the making, constructing
building and mannfact curing of suct
hardware, machinery, building mate
rial, and fuel; and generally, to en-
gage in the hardware, machinery
building material and fuel business
at wholesale or retail, in all the
branches. thereof, and in the making
constructing, building and manufac'
turing of hardware, machinery
building material, and fuel as afore.
said in the State Of Minnesota, and
elsewhere;. to buy own, acquire, use
and dispose Of all fixtures, merchan-
disc and other personal property
necessary or convenient for the trans
action of any or all Of the business
as aforesaid, in any and all Of the
branches thereof; and to buy, own,
lease, mortgage, transfer, convey and
otherwise deal in real estate and in
! terests therein, and. leases and liens
thereon, and of other personal and
mixed property, in the State Of Min
nesota, and elsewhere, and to make,
enter into, perform, and carry out
contracts for building, erecting; i'm
proving, constructing, altering, re-
pairing, decorating, finishing and fur
nishing houses, buildings, warehouses,
store-rooms, edifices, works, tene-
ments, and structures Of every kind
and descriptions; to carry on in all
their respective branches the business
Of builders, contractors, decorators,
and such other trades and businesses
as pertain to or are connected with
the general business Of building and
construction, and do all acts and
things usual, necessary. and conven-
lent in conducting any Of the bust
ness aforesaid. This corporation shall
have the power to purchase, hold and
reissue the shares Of its capital stock.
ILL., 49, - =.
The principal place of transacting
the business of this corporation shall
be at the City Of fBemidji in&the
County of Beltrami, Minnesota. i
zs - u, a+rsA yt' a- = q
The period Of the duration of this
corporation shall be thirty years. =
-, .-,'.:.... ". ,3.#9S# - 't:>
The names and places of residence
of the incorporators are. as follows:
c.. w. Vandersluis, Bemidji, Min
nesota. .,
L. D. Vandersluis, Bemidji, Min
nesota. l.
w. z. Robinson, Bemidji; Mime
sofa. -, -,
K. E.. Robinson, Bemidji, Mime
sofa. 90.
vi. -,
The control and management Of
this corporation shall be vested in a
board of four directors, which board
shall be elected at the annual meet
ing of the stockholders of the cor
poration, which meeting shall be held
on the fourth Tuesday in January Of
each year, at 10 o'clock a. M, the
first annual meeting to be held on
the 25th day of January, 1921, at
10 o'clock a. NJ, on said day. The
board of directors shall have power
to elect new members to fill the
vacancies caused by the death or
resignation of any of its members.
Until the first election, at the first
annual meeting of the stockholders of
the corporation, the board shall be
composed of the following: -
C. w. Vandersluis, Bemidji, Min
nesota. .'..,
L. D. Vandersluis, Bemidji, Mime
sofa. IT,.
w. z. Robinson, Bemidji, Mime
sofa. -, -
K. E. Robinson, Ben1idji, Mime
sofa. r~ a.. e..
All the directors shall be stockhold.
ers of the corporation. N...
The officers of this corporation and
their duties shall be prescribed by
the Board of Directors, and such off
GERS shall be elected annually at the
annual meeting of the Board Of Di
rectors, which shall be held immedi
ately upon the adjournment of the
annual meeting of the stockholders
or as soon thereafter as practicable
Any two offices, except those of presi
dent and vice-president, may be .helc
by the same person. The officer:
and directors of this corporation
shall hold their respective offices unit
their successors have been duly elect
ed and qualified. go III =.
VII.
The amount of the capital stock 0:
this corporation shall be Fifty Thou
sand ($50,000.0O) Dollars, which
shall be divided into Five Hundred
Shares Of the par value of One Hun
dred ($1O0.00) Dollars each. Sucl
stock shall be paid in with money O.
property, or both, in such manner, a
! such manner, at such times, and il
Isuch amount, as may be ordered b.
1 the Board of Directors. .: p
:. VIII. ..A.l..-.~. -.
:; The highest amount Of indebted
ness or liability to which this cor
poration shall at any time be subiec