The labor world. [volume] (Duluth, Minn.) 1896-current, 1920-11-20
:cERTIF1cATE OF INCORPORATION

CERTIFICATE OF INCORPORATION
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Mar1an Investnent Company.
We, the undersigned, for the purpose
OF forming = corporation, DO hereby a.
and adopt the following certificate Of
Incorporation:
The name Of this corporation shall
be Marian Investment Company.
The general nature of it's business
:. l.: To purchase or otherwise own and
deal in stocks, bonds, mortgages, de-
bentures, securities and obligations of
every nature, and to acquire, own.
deal in real and personal property of
avery kind and nature, both within
and without the State of Minnesota: to
receive, collect and dispose of interest,
dividends and income upon, of and from
any OF the stocks, bonds, mortgages,
debentures, securities, obligations and
other property held or owned by it, and
to exercise In respect to all such stocks,
bonds. mortgages, debentures, securi-
any and all rights, powers and privi-
leges OF individual owners thereof: to
do any and all acts and things tending
to increase the value Of the property at
any time held by the corporation; to
furnish capital, material, etc. in the or
ganization and development OF corpora
tions and business enterprises; to bor-
row money for use in Its corporate
business, and to secure the same by OBJ
LEGATIONS, pledges mortgages or other
and to secure the same by pledges or
deeds of trust or mortgages Of or upon
the whole or any part Of the property
held by the corporation, and to sell or
pledge such bonds and debentures for
Board Of Directors shall determine.
2. To build upon or otherwise i'm
prove and develop real estate owned or
held by the corporation, and to exam
Inc and guarantee the title to lands.
3. To act as the agent for leasing,
managing. mortgaging, buying. selling
and improving real estate; and to act
as agent in buying and selling stocks.
bonds, mortgages. debentures ,securi-
and to collect interest or dividends
thereon; to act as agent in the man
agement and investment of estates or
funds of any nature, with full powers
OF agency In the premises, and to act
attorney or otherwise in any matter,
transaction or thing whatsoever; to
guarantee the payment of principal
and interest OF mortgages and other
securities, and in general to make any
SOASA"NS VI udAd uly WAANu lIS UlEGC-
tors may deem advisable.
III.
The principal place Of transacting the
business Of this corporation shall be
the City of Duluth, st. Louis County,
The time for the commencement of
this corporation shall be November 1st
1920, and it shall endure for thirty
years.
The names and places of residence of
the persons forming this corporation
are Regina Erspamer, of Duluth, Min
nesota; James w. Osborne, of Duluth,
M Mir and Charles v. Mccoy. of
The management Of this corporation
shall be vested in Board Of Direc-
tors, composed Of three members. The
n; nes. End addresses Of the first Board
!uth, MINNESOTA; James w. Osborne.
Duluth, Minnesota, and Charles v. Nc
Coy, Duluth, Minnesota. The first Of
fic a,as ct this corporation shall be
Y. Mccoy. vice President: and Regina
Erspamer, Secretary and Treasurer
All of~the above named officers and
directors. shall hold their respective Of
fices aforesaid. until the next annual
on the LIST day Of November 70 1885, - ne at
which time. and annually thereafter, q
Board of Directors shall be elected
from and by the stockholders of this
corporation.
The annual meeting Of this corpora
ton shall be held at its principal place
Of business on the first Monday in
November Of each year. Immediately
directors shall meet and elect a presi-
dent, vice-president, secretary and
treasurer from their number. Any two
offices. except that of president and
may be held by one
person.
All directors and officers of the cor
poration shall hold office until their
successors have been duly elected and
entered upon the discharge of their du-
ties. The first meeting OF the stock
shall be held at Duluth, Minnesota, on
the 1st day of November, 1920, at ten
and eleven o'clock respectively.
VIII.
The amount of the capital stock of
sand Dollars (s50,000.OO), which shall
pc paid in in such form and at such
times and in such amounts as the
Board Of Directors shall order. The
thousand (l.oo0) shares Of the par value
Of Fifty Dollars $4,000 each:
The highest amount of Indebtedness |
or liability to which this corporation |
shall at any time be subject, shall be
the sum of Twenty five Thousand Dol |
lars ($25,0OO.OO).
In testimony whereof, we have here
unto. set our hands, this 28th day of
October, 1920.
JAMES W. OSBORNE,
REGINA ERSPAMER,
CHAs. ". MCCOY,
In Presence Of: |
HULDA CLAUS,
RILLA PERRY GOFF.
STATE OF MINNESOTA, COUNTY OF
st. Louis-ss.
On this 2Sth day OF October, 1920
before me, a Notary Public within and |
Tor said County, personally appeared |
Regina Erspamer, James w. Osborne
and Charles v. Mccoy, to me known
% be the persons described in and who
the foregoing instrument and |
that they executed the !
same as their free act md deed.
RILLA PERRY GOFF,
Notary Public, st. Louis Co.. MINI.
Ny Commission expires June 20, 1926.
(Notarial Seal.)
STATE OF MINNESOTA, DEPART