The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1922-04-07
ARTICLES OF INCORPORATION
OF WILTON CIANOTTI & CON-
PANY. INC.

We, the undersigned, for the pur-
pose of forming corporation under
and pursuant to the provisions of
Chapter So General Statutes of
Minnesota for 1913 and all acts
amendatory thereof and supple
mental thereto, do hereby associate
ourselves as a body corporate, and
do hereby agree upon and adopt
the following ARTICLES of IN
CORPORATIONS
ARTICLE /.
The name of this corporation
shall be Wilton Gianotti & Com
pany, Inc.
The general nature of its bust
ness shall be to buy, sell or other
wise deal in logs, posts, poles, ties,
piles and all other kinds of timber
and lumber of every description
and the acquiring, owning, buying,
selling, leasing and generally dealing
in land, timber and timber lands of
every kind and description, and the
building and constructing of roads,
bitches, highways, bridges and any
work that requires removal, trans
portation, or both, of all classes of
earth and rock, the building and
constructing of all classes of struct-
ures composed of any kind of
material whatsoever under contract,
or otherwise, and to that end the
purchasing, leasing, constructing or
acquiring, in such manner as it may
deem advisable, of all kinds of
mechanical tools, equipment and
appliances, and in general doing all
such acts and things as are usual,
necessary, convenient or expedient
lin conducting and managing the
business of such corporation in any
of it's branches, or such other en-
Iterprises or things as are incident
thereto.
The principal place of transact
ing business of this corporation
shall be the city of Ely, st. Louis
county, and state of Minnesota.
ARTICLE II.
The time of the commencement
of the corporate existence of this
corporation shall be the 18th day
of April 1922, and the period of
its duration shall be thirty 500
years.
/ ARTICLE III.
The names and place of residence
of the incorporators of this cor
poration are Wilton, Gianotti, Edwin
w. Toms, Henning L. Lindberg ano
Walter D. Carlson all of whom are
residents of the city of Ely, ST.
Louis county, and state of Mime
sofa.
ARTICLE w.
The management of this corpora
ton shall be vested in a board OF
directors composed of not less thar
three 81 nor more than five 90
lpersons who shall be elected by
and from the stockholders of this
corporation at each annual meeting
!of said corporation, and who shall
hold their offices until their success
Isors are elected and qualified.
The first annual meeting of the
stockholders of this corporation
shall be at it's principal place Of
business on the 1st day of May
1922, and thereafter the annua
Injecting of this corporation shall b.
held on the first Monday in May il
each and every year.
! Until the first annual meeting OF
1.-THE stockholders of this corporation
land until their successors are elect
led and qualified the following
manned persons shall constitute the
hoard of directors of this corpora
Ition: Wilton Gianotti, Walter d
Garrison and Henning L. Lindberg.
The officers of this corporation
lshall be President, President
Secretary and Treasurer, and sucl
other officers and agents as saic
board of directors may deem il
necessary to elect and appoint fol
1.-THE successful and proper trans
faction of the business of said cor
operation.
i The office of Secretary anc
Treasurer may be vested in one anc
the same person.
All. the officers shall be elected
ANNUALLY by said board of direct
Iors Immediately after the election
lof said board All officers and di
lrectors of said corporation shall
hold office for the term of one yeal
land until their successors are elect
ed and qualified.
The board of directors may fill
Iany and all vacancies which foi
Iany reason may occur either in
their own membership or in any OF
1.-THE other Offices of said corporation
ARTICLE v.
/ The amount of the capital stock
of this corporation shall be Ter
thousand ($10,000.00) dollars which
shall be paid in money or property
or both, in such manner, at such
times, and in such amounts as the
board of directors shall order.
The capital stock shall be divided
into one thousand 1000 shares OF
the par value of Ten $4,000
dollars each.
ARTICLE VI.
The highest amount of indebted
ness or liability to which this cor.
poration shall at any time be sub.
jected shall be the sum of Five
Thousand ($5,00O.OO) dollars.
In Testimony Whereof, we have
hereunto set our hands and seals
this 18th day of March 1922.
| WILTON GIANOTTI (SeaD
EDWIN w. TOMS (SeaD
| HENNING L. LINDBERG (SeaD
WALTER D. CARLSON (SeaD
In the presence ,of:
WALTER P. SLETTEN
A. w. NELSON.
State of Minnesota, County of st
Louis, SIS.
On this 18th day of March 1922
before me Notary Public within
land for said county personally ap.
peared Wilton Gianotti. Edwin W
Toms, Henning L. Lindberg, and
Walter n Gor1con ~