The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1921-01-20

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. Comp any,
We. the undersigned, for tho ptIr-
pose OF forming q corporation. do, here
I py associate ourselves as body cor
porate> and do adopt the following Az
ticles OF Incorporation. 81. ..*- Z. r.
The name Of this corporation shall
pc be GRAND I'l MARAIs2 LIGHT AND POW
t.=.#.Sz : -. =.''-i ,s> q 4e57- 49, + -
+. The general business Of this corpor-
alton shall be to own and operate an
electric light and power plant, at Grand
Mara1s. Minnesota. and to sell xelestr1c
current and electric fixtures and sun
plies OF every nature and description.
and to do such things as may be acc
essary. convenient or incidental there
to. =, -. Il - ~,
The. principal place of transactins
the business: of this corporation shall
Do the Village of Grand Narats. Cook
County, State Of Minnesota.
w.
this corporation shall be November
22nd. 1920. and the period of it's tiura-
ton shall be thirty years.
The names and residences of the per-
sons forming this corporation are
and ~Thorwald Hansen, all of Duluth.
Minnesota.
The management of this corporation
composed of not less than three or
more than seven members. The names
and addresses of the first :. Board of
Directors are Charles v. Mccoy. ke-
gina Erspamer and Thorwald Hansen,
all of Duluth. Minnesota. The first
officers of this corporation shall be
Charles V. Mccoy. President; Regina
wald Hansen. Secretary and Treasurer.
All the above named officers shall hold
their respective offices aforesaid until
the next annual meeting of, the cor
poration, to be held on the Goth day of
November, 1921. at which time and an
nually thereafter a. Board Of Directors
shall be elected from and by the stock
holders of this corporation
- I" VII.
The annual meeting Of this eorpor-
alton shall be held at it's principal
place Of business on the Goth day of
November Of each year. or the day pre-
ceding il that day be on Sunday I'M
mediately after the election of the di-
rectors. or as soon thereafter as prac-
ticable. the directors shall meet and
elect from their number or from the
stockholders Secretary and Treasurer.
Any two offices, except those OF Pres
ident and ce-President. may be held
by one person. The directors and ofh-
GERS of this corporation shall hold their
respective Offices until their successors
have been duly elected and entered up
on the discharge of their duties. The
first meeting OF the stockholders and
Board of Directors shall be held at
Grand Marais. Minnesota. on the list
day of December. 1920. at 1890 o'clock
Z
lively.
The amount Of the capital stock Of
this corporation shall be Twenty-Five
Thousand Dollars (s25,000.0D), which
shall be paid in in money or properly,
and in such amounts as the Board of
Directors shall order. The capital
stock shall be divided into Ave hun
dred shares of the par value Of FIFTY
Dollars ($50.00) each. The highest
amount of Indebtedness or liability TO
which this corporation Ehan at any
time be, subject shall be the sum OF
000!N0.)
IN TESTIMONY WHEREOF. We save
hereunto set our hands and seals this
goth day of November, 1920. =
cHAs. v MCCOY.
REGINA ERSPAMER,
THORwALD HANSEN.
In Presence OF: ~ r..
THOS. ]. McKEON. - 49,
HULDA CLAUS.
STATE OF MINNESOTA, COUNTY OF
ST. yLOUIS.-ss. ".|> j..
On this 10th day of November 1920;
before me, q Notary Public within ana
for said County and State, personally
appeared Charles V. Mccoy. Regina
Ersnan1er. and Thorwald Hansen, to :ne
known to be the persons described N
and who executed the foregoing instru-
ment and acknowledged that they ex,
ecuted the same as their free act ana