The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-21

over .dAu dDOSC us Al1OiA1 SASS .IOs1lS
members on their shares of stock.
shall not exceed eighty u per / cent
5000 Of its gro 70 IS, g assets sets
of the persons forming said company
are as follows: George Q. LUckhart,,
John II. Opperman, H. r. Tihkham,
Nels Espeland. K. A. Seymour; JOS.
tnFertnne' e 4 R Bo0rs9, }Shn Il n
Martin, j. Peitier, Gust r. TysKling,
Peter Nelson. John Cyrol, Ed, Nc
Keever, T.. T." Hobberstad:-1 WIN. j..
Farmer, Henry Pereault. Filing Mum
keby and Chas Esse, all Of Duluth,
Minnesota. t1&.s =
a. ARTICLE VI.
The management Of the: business
and the government of che. Corpora.
ton shall be vested in it's Board Of
.. ARTICLE VII. -.
The Officers of the Association
Secretary, Treasurer and Attorney,
all of whom shall be stoclsh olders:
this h9 of t shs be as offE5
J. H. Opperman, PRESIDENT; z. T.
Hobberstad, Vice President; K. A.
Seymour, Secretary and Treasurer;
A. g. Mcknight. Attorney.
offices until the annual meeting on
the Fourth Monday in May. 1922, or
until their successors are elected and
qualified. The same persons may
be elected to fill the. offices ofssec-
rotary and Treasurer and Attorney
or any two of the said offices.
ARTICLE VIII. -, = -
The Board Of Directors of the Cor
poration shall be vested in fifteen
members thereof, divided into five
of office of one class shall expire
each year.
Three Directors shall be elected by
the stockholders at = each annual
for five years. or until their success
sors are elected and qualified; the
names of the Board Of Directors are
as, follows: F: A. Booren., Gust r.
Ed. McKeever, John cyrol, J. H. ILL
lander, J. H. ~oppern1an, Harry An
derson. Richard Dinhan1, D. T. Hob
berstad, H. Pereau1t. w. E.. McEwen.
Frank Wa war tirds af &c RpSEe
until the annual meeting of the stock
holders to be held on the Fourth
Monday in May, 1922: The, second
three Directors: shall hold their Of
the stockholders to be held on the
Fourth Monday in May, 1928. The
third three Directors shall hold their
office until the annual meeting of
I1lc SLOChuOluc1o W We A1CAu oAA ItiS
Fourth Monday in May, 1924; The
Fourth three Directors shall hold
their office until the annual meeting
of the stockholders to be, held on
Fifth three. Directors shall hold their
office until the annual meeting Of
the stockholders OH the Fourth Mon
day in May, 1926.
All vacancies in the. Board of Di-
rectors and offices shall be filled
by the Board of Directors for the
unexpired term, under the limitations
prescribed by statute.
The Board of Directors at their
first meeting after the annual cleo
President from among their own
number, and either from their own
number or from the stockholders
Secretary and Treasurer, and Attor-
one year or until their successors are
elected and qualified.
ARTICLE TX.
The funds accumulated by the AS
bers in such amounts and upon such
security and upon such. terms, and
in such a manner as may be prescribed
by the bylaws, or said funds may
be used to retire the unpledged shares
of stock, and the Directors shall have
authority to enforce the withdrawal
of same, or their cancellation at any
time in such form and manner, as
may be prescribed by the bylaws.
ARTICLE x.
The annual meeting of the stock
holders shall be held on the Fourth
Monday in May of each year, to elect
Directors and to transact any other
business for the Association. Other
time and place as may be prescribed
~ ARTICLE XII.
The Board of Directors shall have
49, II. 1oc
the duties of the officers of said AS
ISOLATION, providing for the removal
of same for cause, for the imposing
of fines, assessments and dues upon
it's members, regulating the issue and
transfer. of stock and management
of its funds, loans to members, to
accumulate from the earnings a re-
serve fund for the payment of con-
tingent losses, the general regulation
of the business of said Association
and generally to adopt all measures
necessary to carry out the object of
this Association.
IN IN TESTIMONY TESTING W WHEREOF VIII, ,5g we We
14th day of January, 1922.
GEORGE o. LOCKHART,
J. H. OPPERMAN,
H. r. TINKHAM.
NELS ESPELAND,
*. A. SEYMOUR.
JOS. LAFORTUNE,
F. A. BOOREN,
JOHN H. LILLJANDER,
F. C. BARRETT,
WIN. M. MARTIN,
JOHN PELTIER.
GUST r. TYSKLING,
PETER NELSON,
. JOHN CYROL,
ED. McKEEVER.
d.. T. HOBBERSTAD,
VIM. j. FARMER
HENRY PEREAULT,
ELLING MUNKEBY,
CHAS. ESSE.
I'm presence Of:
A. G. MCKNIGHT,
EARVA Ii DUNN.