The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1922-04-14

DOdIu
GEO. T. AYRES,
Secretary.
ARTICLES OF INCORPORATION
OF WILTON GIANOTTI & COM
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 body corporate, and
do hereby agree upon and adopt
the following ARTICLES of IN
CORPORATIONS
ARTICLE I.
The name of this corporation
shall be Wilton Gianotti & Com
Ipany, Inc.
The general nature of it's 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
n 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
i in 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
ling 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
lef April 1922, and the period of
| its duration shall be thirty 800
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 and
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
ition shall be vested in a board of
directors composed of not less than
three 81 nor more than five (5)
persons 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
sors 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 LIST day of May
1922, and thereafter the annual
meeting of this corporation shall be
held on the first Monday in May in
each and every year.
Until the first annual meeting of
the stockholders of this corporation
and until their successors are elect
ed and qualified the following
named persons shall constitute the
board of directors of this corpora
ton: Wilton Gianotti, Walter D.
Carlson and Henning L. Lindberg.
The officers of this corporation
shall be President, Vice-President,
Secretary and Treasurer, and such
other officers and agents as said
board of directors may deem it
necessary to elect and appoint for
the successful and proper trans
action of the business of said cor
poration.
The Office of Secretary and
Treasurer may be vested in one and
the same person.
All the officers shall be elected
ors Immediately after the election
of said board. All officers and d.
rectors of said corporation shall
hold Office for the term of one year
and until their successors are elect
ed and qualified.
The board of directors may fill
any and all vacancies which for
any reason may occur either in
their own membership or in any of
the other Offices of said CORPORATION.
ARTICLE v.
The amount of the capital stock
OF this corporation shall be Ten
thousand ($1O,000.00) dollars which
shall be paid in money or property,
lor both, in such manner, at such
times, and in such amounts as the
board Of directors shall order.
| The capital stock shall be divided
unto one thousand (1,O00) shares of
the par value of Ten ($1O.OO)
dollars each.
ARTICLE vi.
The highest amount of indebted
ness or liability to which this cor
Iporation shall at any time be SUBJ
lJected shall be the sum of Five
thousand ($5,000.0O) dollars.
In Testimony Whereof, we have
hereunto set our hands and seals
this 18th day of March 1922.
WILTON GIANOTTI (SeaD
EDWIN w. TOMS (Sea)
HENNING L. LINDBERG (SeaD
WALTER d. CARLSON (SeaD
In the presence tof.