The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1924-12-24
Dec. II to Dec. "a.
Articles of Incor-
poration
ARTICLES OF INCORPORATION
OF CARITY MOTORS MOOR
POR ATED

ARTICLES OF INCORPORATION
OF CARITY MOTORS MOOR
PORATED.
We, the undersigned, do hereby as
sociate ourselves together for the pur-
pose of forming corporation under
Chapter So, of the Revised Laws OF
the State of Minnesota for 1913 and
Amendments thereto, and do hereby
adopt the following articles:
ARTICLE l.
The name of this Corporation shall
be Carity Motors Incorporated, and
it's principal place of business shall
be the City of Redwood Falls, County
Of Redwood, State of Minnesota.
ARTICLE II.
The general nature of the business
and purpose of said corporation shall
be the buying and selling of Ford
Products, implements, combustion en-
gines, used cars, accessories, and the
operating of Automobile Service Sta
ton for the storage and repair OF
automobiles, tractors and internal
combustion engines.
ARTICLE Ill.
The time of the commencement of
this corporation shall be January l,
1925, and the period of it's duration
shall be thirty years. The names and
places of residences of persons form
ing this corporation are as follows:
Fred J. Carity, Redwood Falls, Min
nesota.
w. A. Hemler, 1000 West 22nd st i,
MINNEAPOLIS. Minnesota.
Emma j. Carity, Redwood Falls,
Minnesota.
ARTICLE w.
The management of the affairs of
this corporation shall be vested in a
Board of three Directors who shall be
elected by the Stockholders at their
annual meeting, and shall hold their
office for one year and until their
respective successors have been elect
ed, and enter upon their duties. I'm
mediately after their election, the said
Board Of Directors shall elect from
their number President, Vice-Presi
dent, Secretary and Treasurer of said
Corporation, who shall hold their re-
spective offices until the next annual
meeting Of said corporation and until
their successors are elected, and enter
upon their duties. Any vacancy in
said Board of Directors shall be fill
ed by the Board of Directors until
the next annual meeting of the stock
holders. That at all meetings of
said Board of Directors, majority
shall constitute quorum to do bust
ness, but a less number may adjourn
from time to time. The office of
ecretary and Treasurer shall be fill
ed by one Director.
ARTICLE V.
The annual meeting Of the stock
holders of this corporation shall be
held at its principal place of business
IN the City of Redwood Falls, County
Of Redwood, Minnesota, on the first
Tuesday after the first Monday in
the month of January of each year
at eight o'clock P. M. Of said day
The names and addresses of the first
Board of Directors are as follows:
Fred j. Carity, Redwood Falls
Minnesota.
w. A. Hemler, 1000 West 22nd ST.
Minneapolis, Minnesota.
Emma J. Carity, Redwood Falls
Minnesota.
of whom Fred j. Carity shall be Pres
dent. w. A. Hemler, Vice-President
Emma j. Carity, Secretary and Trea
surer, and said Board of Director:
and officers shall hold office until thu
first annual meeting and until thel
successors are elected and enter upOl
their duties.
ARTICLE vi.
The amount of capital stock of thi
corporation shall be Fifty THOUSAND
Dollars (S5O,OOO,OO) divided into Fiv
Hundred 5000 shares of the par valu
of One Hundred Dollars 100000
each, which capital stock shall b
paid in at such times and in sue
manner as shall be prescribed by tn
officers, at all elections of Director
and officers of said corporation eac
holder of capital stock shall be entitle
to as many votes as shall equal tn
number of the shares of said capita
stock, and stockholders may vote sal
stock either in person or by proxy.
ARTICLE VII.
The highest amount of indebtedness
or liability to which this corporatio
shall at any time be liable shall b
One Hundred Thousand Dollar
t$100,000.00).
ARTICLE VIII.
The first meeting of said Corpora
ton shall be held at the office of tn
corporation at Redwood Falls, Mir
nesota, upon the 9Th day of January
1925.
IN TESTIMONY WHEREOF, w
have hereunto set our. hands an
seals this 18th day of December, 1924
Fred ]. Carity
Emma j. Carity
w. A. Hemler.
In Presence of:
George A. Barnes
Agnes Trembley