The Bemidji daily pioneer., 1922-11-29
oaar1r1cArn OF .1sooaroaArso1
MAYLoE ELECT1ICAL
coNsTRUCTIoM COMPANY

|fs.W we, tne unuerSASneq,, l0Ta lte purpose
of forming a corporation under and
pursuant to- the provisions of Chapter
/ So, General Statutes of Minnesota, 1913
and, amendments thereof, do hereby as
sociate ourselves as body corporate
and do hereby adopt the following Ger
tfficate, Of Incorporation. ~ Ss &
i. The name OF this corporation shall
be- Naylor Electrical Construction, Com
pany. - ~ ta:ss Il
2. The general nature Of its bus
OF eiectrieians. electrical ensiDeers and
dealers in electricity land electro-motiye
power, lighting and >heating; to omanu-5
fracture. buy, sell, repair, convert or let
or hire, and generally deal in both
VII o1esafe and retail electrical motors.
dynarios. electrical machinery N Of ali
classes and descriptions electrical ap-i
pliances, apparatus and goods, of every
kind and character; to. lays~ construct
install, and maintain cables, wires, con-
duits. lines and electrical appurtenanc-,
es and appliances; to produce and ac-
cumulate electricity ands electr0 0-motfye.
force, and to provide the same Tor the
production transmission or use for,
power or lighting, heating and motive
Thought advisable and to light streets
places and buildings public Or private,
by means of electricity or otherwise,
or to enable the same to be so lighted:
to construct, manage operate and main
SAAA1Sr AoA 4ISClI VI OlHcIS,t ~ .puISAdSSS
lease or otherwise acquire conduits.
lines. electrical lighting and &. heating,
plants q ,;.@.. zss.s ~ 3 =73
sss. The principal place Of transacting
the business Of. this corporation shall ,be
the City of Bemidji, County OF Bel
trami and State of Minnesota - \ =.
! 4. The time for the commencement
of this corporation ~shalls be the i27th
day Of November, \. D. 1922, and the
period of it's duration shall tbe thirty
F,oy,o I1% %. 4.
5. The names and places Of resi-
dences of persons forming. this corpora
| tfon are as follows: As&J. Naylor, tSr.,
A. j: sNaylor, Jr., Harold M. sNaylor
and .sst Gatterine G Naylor. all residing in
-. The management of this CORPORA
tion shall be vested in Board Of Di-
rectors composed Of not less than three
E(3) nor more than five (5) members.
The names and addresses of the first
Board Of Directors are as follows:
I As j.. Naylor, Sr., Benidji, Mimi. :
a J.. Naylor. Jr., Bemidji. MINI.
Harold M. +Naylor, Bemidji,' Mimi.
Catherine G. sNaylor Bemidji Mimi,
The first officers Of this corpora
tion shall be A. ]. Naylor, ST.. Presi-
Vice-president;. Harold M. Naylor. Sec;
retary, E.- IL = .sG< - ;sssis * Z
All of the above officers and direc-I
tors shall holdatheir respective Offices
{dAV1 ulIl1 tuc llcAl dLludA cAACSt-.
| ting Of the corporation to be held on the
tsecond Tuesday OF. January. 1929, at!
which. time and annually thereafter a,
Board of Directors shall be elected from
and by the stockholders of. this CORPORA !
tion. =. 49, x /. , 55g:.ss:sf $3.50
The annual meeting of this corpora
| ton, shall be held at the office 5of the
corporation in the city Of BemidH, Bel
trami County, Minnesota, on the sec
ond Tuesday Of January, at the hour
fof% A NJ 49, on1, hnr ffoysS
Immediately after the election. OF Di-;
reetars. sor, as soon thereafter as, prac-,
tical, the Directors shall meet and elect
from: their number, a. a-President,e a Vicef
president and Treasurer, and from
| their number; or from the S tockho oIders,
a Secretary. Any office except that of
President and Vice-pres.dent may be
held by one person. g.. ~ - : Il
The Directors. and Officers of 4 this
corporation shall hold their, respective
offfees until their successors have been;
duly elected and entered upon the dis
charge of their duties. a. s3s;1ssj 49,, ,gs.ss
| The first meeting Of the .stockho old-
l:ers and Board sof Directors shall be at
7 c9ty. az Raandiii dax aaf
November A. D: 1922, at the hour Of
TIP. M and s p. NJ, respectively. ssss::.., q.
The amount of the capital stock
of this corporation shall be Fifty
Thousand (s5o. .ooo,1 Dollars, divided 5in-
par value Of One Hundred st$100.00)
dollars per. share, which stock shall be
paid in in money orsproperty, or rIboth.
in such manner andsat such times and
in such amounts asathe Board of Direc-;
s. No transfer! Of stock8fof the cor
poration by virtue OF sale shall be made.
by any stockholder without first max
ing a written offer ofasales Of such stock.
to the Board Of Directors by an affida-'
1ri% o11 ho fi6o 0ffar of