The labor world., 1922-07-15
Certificate of Incorporation
ELMER LOGGING COMPANY

We. the undersigned, for the pur-
nose of forming a corporation, do
hereby associate ourselves as a body
corporate and do adopt the following
Articles of Incorporation:
The name of this corporation shall
be Elmer Logging f. Company.
The general business of this COR
poration shall be to engage in the
timber prdoucts of every nature and
description, together with the pur-
chase and sale of real estate. and
such other acts as may be convenient
or necessary in the operation of a
logging and timber business.
III.
The principal place Of transacting
the business of this corporation shall
be the Station of Elmer. st. Louis
County, State of Minnesota.
The time for the commencement Of
this corporation shall be May 10th,
1922, and the period Of its duration
shall be thirty years. years
The names and residences Of the
persons forming this corporation are:
Florence Erspamer. Regina Erspamer
and Thorwald Hansen, all of Duluth,
Minnesota.
The management of this corporation
shall be vested in a Board of Direc-
tors. composed Of not less than three
or more than seven members. The
names and addresses of the first
Board of Directors are: Florence
Erspamer. Regina Erspamer and
nesota. The first officers of this cor
poration shall he Florence Erspamer
President, Regina Erspamer, Vice
President and treasurer, and Thor
wald Hansen. Secretary. All the above
named officers shall hold their re-
next annual meeting of the corpora
tion. to he held on the second Friday
in January, 1928, at ten o'clock A. NJ,
at which time and annually there
after Board of Directors shall be
elected from and by the stockholders
of this corporation.
VII
The annual meeting Of this COR
poration shall be held at it's principal
place of business. or at such place as
second Friday Of January of each
year Immediately after the election
of the directors, or as soon thereaft-
er as practicable. the directors shall
meet and elect from their number. or
from the stockholders a. President.
Vice President Secretary and Treas
urer. Any two offices. except those of
President and Vice President, may be
held by one person. The directors and
officers 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 and Board of Directors
shall be held at Duluth. Minnesota.
on the 18th day of May, 1922. at
400 o'clock A. NJ. and 1880 O'Clock
A. NJ, respectively.
VIII.
The amount of the capital stock of
this corporation shall be Fifty Thou-
sand Dollars (s50.000.O0), which shall
be paid in 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 fifty
thousand (5o.ooo) shares of the par
value of One Dollar (s1.OO) each. The
highest amount of Indebtedness or
liability to which this corporation
shall at any time be subject shall be
the sum Of One Hundred Thousand
Dollars ($100. .000.0O).
IN TESTIMONY WHEREOF, We
have hereuntO set our hands and
seals this 9th day Of May. 1922.
FLORENCE ERSPAMER,
REGINA ERSPAMER.
THORWALD HANSEN.
In Presence Of:
GEO RIPLEY