The Tomahawk. [volume] (White Earth, Becker County, Minn.) 1903-192?, 1921-09-29

! ness. - ~ ..~' '.'
The principal place of tran sactin,
the business of this association shall
be Snellman, Becker County, Mime
sofa. -. .--.' ....
Article 2.
The period of duration for which
this association is formed shall b.
thirty 800 years from and after thu
filing for record of these articles.
| Article 3. -
The names and places of resi-
dence of the incorporates hereo.
are as follows: r..
Waino Hendrickson, residing at
Route l, Usage, MINI. b..
David Kivinen, residing at
Route !, Usage, MINI.
Henry Toivonen, residing at
Route 1, Usage, MINI. y...
John Pavola, residing at Route
4, FraZee, Mimi. - -. 4 :. :
Abraham Penttien, residing at
Route 1, Usage, Mimi. e.
Victor Johnson, residing at
Route !, Usage, MINI.
Ike Yliniemi, residing at Route
l, Usage, Mimi. ~.
Mike Heinonen, residing at
Route 1, Usage, MINI. =.
Wester HarYa]a, residing at
Route l, Usage, MINI.
H. Article 4.
The management of the affairs of
the association shall be vested in a
board of nine directors; said directors
to be chosen and elected annually by
the stockholders thereof at the an
nual meeting to be held on the Sec
Ond Monday in January. of each year,
and they shall hold their offices until
their successors have been duly elect
ed and qualified; the officers of said
association shall be a president, a
yice-president, secretary and a
treasurer, who shall be elected an
nually by the directors and such
officers shall be and constitute mem
bers of said board Of directors and
shall hold their Offices until their
successors have been duly elected
and qualified; until such annual
meeting the following named persons
shall constitute the officers Of said
associations; -: -.
Waino Hendrickson. ...:... President:
Victor Johnson. Viee-Pfesiden
Henry IOlvOnen.. 80, secretary,
Wester Haryala. so. Treasurer,
And until such annual meeting.
the following named persons residing
at the respective places named shall
the first Board of Direct
Ors, tO-wit: 49,. -. II. ..-.1....
Waino Hendrickson, residing at
Route /. Usage, Mimi. XIX. ~.
David Kivinen, residing at Route /,
noaro M;r,~, ~. ~ = :
Henry Toivonen, residing at Route
l.. Usage, MINI. .-. Es..1> =
John Pavola, residing at Route 4,
Frazee, Mimi. ,...--
Penttinen, residing at
Route l, Usage. Mimi. 49, :
Victor Johnson, residing at Route
1, Usage, Mimi. : =: e. 80.
Ike Ylinieri, residing at Route /,
Usage, MINI. 11 -. !. RI =. -s & Z
Nike Heinonen, residing at Route /,
Usage, MINI. ~
Wester Harvala, residing at Route i,
Usage, MINI. -
,... Article 5. s@,a
The amount of capital stock of T
his association shall be Five Thous-
md Dollars ($5O(N.OO), divided into
i've hundred $500 shares, each share.
o be of the par value of Ten Dollars
$4,000, and each share of stock to
'e paid for in cash before the. issuance
t the certificate thereof, aud no
tQfkholder shall be entitled 10 more
hail Be- pag so3sd 70 e y 81
:. E 80 G. 81: ..is Article g.
The highest amount OF Indebtedness
f this association shall be Five
thousand Dollars ($5OQ0. 0O).
vs. .s..a Article I. 2ss ~
Said Articles of Incorporation may
e amended. from time to time as
rovided by the provisions of said law
nder which said association is in.
Il .5.@ +. 5z h
Article 8. cana
This association being operated
n cooperative plan, shall comply !
18th the laws Of this state relating to s
UGH associations and the Board of
directors shall make bylaws not I
with the laws of this
tate and therein prescribe the plan
operation of said association and
he method of distributing the prof
!, which bylaws Shall be approved
i the stockholders Of this associa
on. "A .s.G
IN WITNESS WHEREOF, We
ave hereuntO set our hands and
.als this 22nd day of August, 1921.
Signed, Sealed and Delivered :
in the presence of 9
Ole Sa1monsOn. e
I Ed. Salmonson.>
Waino Hendrickson. 5. fseall e
IS David Ki4inen ,lseaD e