Morris tribune., 1921-09-23
Better Cows Increase Earnings.


scrub cattle, now has herd produc-
ing an average of $50 pounds of but
ter fat per cow per year, and has
start on pure bred herd. He is us
ing his third pure bred sire. The
first daughter of his first pure bred
bull produced 1882 pounds of milk
containing 402 pounds Of butter fat,
than her dam ever gave. The National
Dairy Show, to be held October 8 to
10, at the Minnesota Fair Grounds
will have many parallel examples to
show the benefits of better breeding.
Articles OF INCORPORATION oF
JACOBSON MOTOR COMPANY.
Know all men, by these presents, that
the undersigned, adults residents, of the
Village of Chokio, Stevens County, Min
nesota, do hereby make, sign and agree
ARTICLES OF ORGANIZATION.
Article 1: The undersigned have as
ISOLATED and do hereby associate them
selves together Cor the purpose of form
ing a corporation under Chapter So of
the Minnesota Statutes and acts amend
atory thereof and supplementary thereto.
the business of which corporation shall
be the enga ging in and carrying on of
road grading and building business, and
entering into contracts therefor and to
purchase all necessary equipment ma
terlal and supplies for such work, and
in the selling of automobiles, tractors,
threShing machines, road graders, both
new and second hand, and all necessary
equipment and supplies therefor, and in
the owning and operating of threShing
machine outfits; the purchase and sell
ing of personal property of any and all
descriptions, the buying, improving, SELL
ing and leasing of real estate in said
State and elsewhere, and the performing
OF all other acts which may be inciden-
tai to the proper carrying on of such
businesses, in the Village of Chokio, in
said State and elsewhere.
Article 2: The name of said corpora
pany and it's location shall be in the
Village of Chokio, Stevens County, State
of Minnesota.
Article 8 The capital stock of said
same shall consist of five hundred
shares, each Of which said shares shall
be of the face or par value of $4,000.
Article 4: The general officers of said
corporation shall be a president, vice
president, secretary surer and the
board Of directors shall consist of three
! stockholders
Article 5: The principal duties of the
president shall be to preside at all meet
ings of the board of directors, and to
! have a general supervision of the af-
| fairs of the corporation
The principal duties of the vice. resi-
| dent shall be to discharge the duties Of
|
| or disability for any cause whatever of
| the latter.
The principal duties of the secretary
treasurer shall be to counter-sign all
! checks, contracts, deeds, leases and con-
| Veyances executed by the corporation,
| affix the seal of the corporation thereto,
| and to such other papers as shall be re-
| Quired or directed to be sealed, and to
! keep a record of the proceedings of the
| board of directors, and to safely and
| systematically keep all books, papers,
| records and documents belonging to the
| corporation, or in any wise pertaining to
| the business thereof, and to keep and &C
count for all moneys, credits and prop
| erty, of any and every nature, of the
! corporation, which shall come into his
| hands, and keep an accurate account of
| all moneys diSburSed and to render such
accounts, statements and inventories of
moneys received and disbursed, and of
money and property on hand, and gener-
ally of all matters pertaining to this
office, as shall be required by the board
The board of directors may provide
for the appointment of such additional
| officers as they many deem for the best
| interests of the corporation.
| The said officers shall perform such
additional or different duties as shall
| from time to time be imposed or required
prescribed from time to time by the by
| laws.
Article 6: Only persons holding stock
according to the regulations of the cor
pOration shall be members of it.
Article Z: That the duration of sale
corporation shall be thirty years.
Article g.: That there shall be issued
at once and to be pail for at the time
of issuance, two hundred shares of stock
the balance to remain in the treasury as
treasury stock. to be paid for as issued
Article 9: That the limit of indebted
ness said corporation may at any time
incur shall be $20,OO0.OO.
Article 10: That the following incor
porators shall constitute the first Boart
of Directors: M. ]. Jacobson, H. J
| Jacobson, L. M. Jacobson; that the fol
lowing named incorporatorS shall con
ton, to-wit: H. J. Jacobson, president
L. M. Jacobson, vice-president; M. J
Jacobson, Secretary-treaSurer who shall
hold Office until their successors shall
have been appointed and shall have
Article IL: That the annual meeting
of the stock holders shall be on the frs
Tuesday in December, in the Office 0.
the Company, at Chokio, Minnesota, a
ten o'clock in the forenoon, beginning
with the first Tuesday in December, 1921
named shall hold Office until said date
Article IL: These articles may b,
amended by resolution setting forth sucl
amendment or appointments, adopted a
vote of at least two-thirds of all thu
stock of said corporation then outstand
Article 10: The names and residence.
of the persons forming this corporation
are:
M. J. Jacobson residing at Chokio
Minnesota.
H. J. jacobson residing at Chokio
Minnesota.
L. M. Jacobson residing at Minneapo
lis, Minnesota.
In witness whereof we have hereun
to set our hands, this 18th day of June
1921.
H. J. JACOBSON,
| M. J. JACOBSON,
L. M. JACOBSON.
Signed in presence of:
JAMES r 0RMONn