The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1922-11-09
Certificate
Or ,.sFz $ =
Incorporation
... NET . .s:;. OF -
The Tote
Comp {: & any

For the purpose of forming and he
ing corporation under and by virtue
Of Chapter So Of the Revised Laws
all acts amendatory thereof, the under
signed do hereby declare that they do
hereby associate to getlIer and agree
upon the following certificate of incor-
The name of this corporation shall
be THE TOF'TlI COMPANY and it's
Tofte, Minnesota.
F. The general nature Of the business
OF this corporation shall be the buying,
selling and dealing in real estate and
personal property and building of cot
tages, homes and other buildings; buy
ing and selling OF merchandise at re-
tail or wholesale; operation of hotels;
operation of fisheries. canneres, devel-
opment of water power; borrowing and
loaning of money and all things incl
dental thereto in carrying out the Dur-
poses of the eqr lpq1;a
The period of the duration of thiS
corporation shall be thirty (aO) years.
ARTICLE III. .,
The names and residence Of the in
Lillian Quinn, Frances Carlson and j.
NJ. Sundeen, all residing at Duluth,
Minnesota, and II. O. Engelsen, resid-
ing at I91te' AR KinGf1Stf ~
The government of this corporation
and the management Of it's affairs shall
be vested in a board of five directors,
to he elected from the Stockholders,
and the following officers, to be chosen
by the board of directors from among
the stockholders Of said corporation, to-
wit: President, vice-president, secre-
tary and TREASURER; any two of said Of
fees may be held by the same person
with the exception of the offices Of
president and vice-president.
The directors shall be elected by the
stockholders by ballot. each stakeholder
being entitled to cast as many ballots
as he has shares of stock, annually on
the first Tuesday after the first Monday
the life of this corporation, beginning
with. the year 1923. Said officers and
directors shall each hold office for one
year from the first Tuesday after the
first Monday in June Of each year, and
until their successors shall be elected
and qualified, provided, however. that
until said officers are elected the fol-
lowing named rersens shall act, as the
Furlund: H. O. Engelsen, J. NJ. sun
deem, Lillian Quinn and Frances Carl
SON and until said election the follow
of said corpora ton: Theodore O. Eur
president; J. NJ: sundeen, Secretary
shall have full power to adopt all rules
and regulations and pass bylaws de-
tinng the duties of officers of said COR
shall s be fixed by the board Of directors
ut any meeting thereof.
The number Of shares Of capital
thousand No0oo) shares: and the par
value of each share shall be the sum
Of ten dollars (s1o .hN; the stock of
er in property. money or services, as
the board Of directors shall determine.
and said stock shall be subscribed for
at such times and in such amounts as
rectOrs.
ARTICLE VI.
The highest amount of indebtedness
or liability to which said corporation
shall at any time he subject shall be
one hundred thousand dollars $780,
Said corporation may commeAce doing
business upon the publication of it's az
ticles Of incorporation:
IN WITNESS WHEREOF, We, have
THEODORE Q. F1'R1IND (seaD
J. NJ. Sl7NDEEN (SeaD
LILLIAN QUINN (SeaD
H. O. ENGELSEN (SeaD
FRANCES CARLSON (SeaD
Signed, Sealed and Delivered
in Presence of:
Harvey Hoshour.
STATE OF MINNESOTA,
County of st. IIouis-ss
i On this 9th day of October. 1922, be-
fore me. Notary Public within and
for said county, personally appeared
Theodore O. Furlund, Fl. O. Engelsen,
J. NJ. Sundeen, Lillian Quinn and Fran
ceS Carlson, to me know n to be the
persons described in and who executed
the foregoing certificate of incorpora-
ton and they severally acknowledged
that they executed the same as their
RAYMOND ZIFSMER
Raymond Ziesmcr,
Notary Public, St Louis County, MINI.
My Commission Expires Aug. %, 1927.
(Notaral Seal, st. Louis County, MinnD
STATE OF, MINNESOTA
Department of State.
hereby centify that the within in
strument was fixed for record in this
office the 10th day of Oct, A. D.
1922, at II o'clock A. NJ, and was duly
recorded in Book M Of interpretations.
VII 'S" Mike HOLM,
Secretary Of State
OFFICE OF REGisTER OF DEEDS.
STATE OF MINNESOTA,
County of CoOk--ss.
/ hereby certify. that the within in
strument was filed in, this office for
was 9 .a6 recorded in Book 4 Of Mise
-. ~ A.%v. JOHNSON,
~ = Register Of Deeds. =
Nov. 20 Z = - ~. = =.
CITATION FOR, HEARING ON .PETI-
TON FOR ADMINISTRATION. .'
EsTATEEoF- JOHN JOHNSON y