The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1923-04-11
ARTICLES OF incorporation
OF REDWOOD COUNTY OIL
COMPANY, INCORPORATED

we, the undersigned, for the mr.
pose OF forming a corporation under
and pursuant to the provisions of
Chapter 1888, Revised Laws of Min
nesota for 1918, and any Amendments
thereof, do hereby associate ourselves
as a body corporate and do hereby
adopt the following Certificate of In
corporation:
The name of this Corporation shall
be, REDWOOD COUNTY OIL COM
PANY, INCORPORATED, and its
principal place of business shall be at
Redwood Falls, Minnesota.
II.
The general nature of its business
shall be to buy, sell and deal in gas
oline, petroleum, lubricating oils and
all other products which may be COM
ponent parts of petroleum and to gen
orally transact and do all manner of
business in the oil line, both whole
sale and retail, and to own, mortgage
and sell such real estate as shall be
necessary to the carrying on of said
business.
The time for the commencement
Of this corporation shall be the 18th
day of April, 1928, and the period of
it's duration shall be Thirty 800
years.
The names and places Of residence
of the persons forming this corpora
ton are: William NJ Smith, Frank A.
Japs and John F. Knudson, all re-
siding in the City of Redwood Falls,
County of Redwood and State of Min
nesOta.
The government of this corporation
and the management of its affairs
shall be vested in Board of Direc-
more than Five (5), elected by the
stockholders from their own number
at their annual meeting, which said
annual meeting shall be held on the
first Tuesday of January of each
year, and the said Board of Directors
shall, forthwith upon their election,
elect the officers of said Corporation,
a President, a Vice President Secre-
tary and Treasurer The office of
Treasurer may be held by any other
officer of the Corporation. All of
such Directors and officers shall hold
their respective offices for One III
year, or until their successors have
been duly elected, qualified and enter
ed upon the discharge of their duties.
The names of the first Board of
Directors are William M. Smith,
Frank A. Japs and John F. Knudson,
all residing as aforesaid, and William
M. Smith shall be President and
Treasurer, Frank A. Japs Vice-Pres-
ident and John F. Knudson, Secretary,
and all of the above Directors and Of
ficers shall hold their respective Of
fees until the first annual melting, A.
ID. 1924, and until their successors are
elected and qualified and entered
upon the discharge of their duties.
VI.
The amount of the capital stock OF
this corporation shall be Fifty Thou
sand $50. OOO) Dollars, which shall be
paid in. in money or property, or both,
in such manner, at such time, and IN
such amounts as the Board OF Dlrec
tors shall order. The capital stock
shall be divided into One Thousand
(lOOO) shares of the par value OF
Fifty (5O) Dollars each.
VII.
The highest amount of Indebtedness
or liability to which this corporation
shall at any time be subject shall be
in the sum of Twenty-Five Thousand
(25 ,OO0) Dollars -
IN TESTIMONY WHEREOF, we
have hereunto set our hands this oath
day of March, 1928.
WILLIAM M. SMITH (SEAL)
FRANK A JAPS (SEAL).
JOHN F.. KNUDSON (SEAL).
Signed, Sealed and Delivered IN the
Presence of
A. C. DOLLIFF.
VERONICA MILLER.