The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1920-08-26
CERTIFICATE OF Incorporation
Sank Centre Motor Inn Incorporated

Chapter Fifty Eight i5., of the Cen
eral Statutes of Minnes,'. D., for 1913
AID jall acts amendatory and supple
mentary thereto, do hereby associate
ourselves as body corporate--and
do hereby adopt the following Certi-
ficate of Interpretations:
1. The name of this corporation
shall be "Sauk Centre Motor Inn,
Incorporated.
2. The general nature of it's blsi-
ness shall be to buy, trade, sell deal
in, lease, store and repair aulomo-
biles, motor cars, motor trucks, wag-
ons, buggies, carriages tractors, and
other mechanically propelled vchi-
cles and automobile parts and Access
sories, including all motor drawn or
operated machinery with it's parts
and appliances; and to manufacture
and sell automobile tops, bodies and
other motor vehicle parts; to buy,
own, sell and mortgage real estate
and personal property as may be nee
essary and convenient for the pur-
pose of conducting, carrying on or
disposing of it's business.
3. The. principal place of trans
acting the business of this corpora
ton shall be the City of Sank Centre
in Stearns County, Minnesota.
a. The time for the commence
ment Of this corporation shall be
September 4th, 1920 and the period
of it's duration shall be thirty 900
years thereafter. -
5. The names and places Of resi-
dence of the persons forming this
corporation are William q. Rattle,
Chas. E. Bohall and Gunder Jensen
all of Sank Centre, Minnesota.
6. The management of this cor
poration shall be vested in a Board
of Directors composed of not less
than three f3) and not more than
five (5ly members. 81 z1;tS-z@
7.c The names and addresses OF
the first Board Of Directors are
William H.. Rattle, Chas. E. Bohall
and Gunder Jensen, The addresses Of
each of whom is Sank Centre, Min
nesota. The first officers of this
corporation shall be William II.
Rattle, President; ..Gunder Jensen,
Vice President; Chas. E. Bohall, Sec
rotary and Treasurer. All of the
above named officers and directors
shall hold their respective offices
aforesaid until the first annual meet
ing of the. corporation. The first an
nual meeting shall be held on Janu-
airy 8, 1921 and thereafter annual
meetings of the corporation shall be
held on the first Tuesday after the
first Monday in January of each
year at its principal place of bust
ness. A Board of Directors shall be
elected from and by the stockholders
at each annual meeting. Immediate
ly after the election of directors, or
as soon thereafter as practicable,
the directors shall meet and shall
elect from their number a President
and Vice President and from their
number, or from the stockholders a
Secretary and Treasurer. Any Of
fees, except that of the President
and Vice President may be held by
one person. The directors and Off
GERS of this corporation shall hold
their respective offices until their
successors have been duly elected and
entered upon the discharge of their
duties. The first meeting of the
stockholders shall be held at
o'clock p. m. and the first meeting
of the Board of Directors at o'clock
p. m. on January 3, 1921.
8. The amount of capital stock OF
this corporation shall be Fifty thous-
and dollars ($50,000) and shall be
paid in, in money or property, or
both, at such times and in such
amounts as the Board Of Directors
shall order. The capital stock shall
be divided into 500 shares of the
par value of $4,000 each. No treas
ury stock shall be paid without first
offering to the stockholders an
amount of stock to he sold proper
tionate to their holdings of stock and
d fair and equal opportunity to pur-
chase the same.
9. The highest amount of indebt-
edness or liability to which this cor
pcration shall at any time be sub
ject shall be the sum Of Thirty
thousand dollars ($30,000.)
IN TESTIMONY WHEREOF, we
have hereunto set our hands this
10th day of August 1920.
WILLIAM III. RATTLE
GUNDER JENSEN
CHAS. E. BOHAI.LiI
In the presence of
u CnnDLrD