Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1924-06-05
CERTIFICATE OF INCORPORATION
OF AMERICAN PUBLISHING
COMPANY

We, the undersigned, for the pur-
pose OF forming a corporation under
and pursuant to the provisions OF
Chapter fifty-eight (5S). General
Statutes 1913, and laws amendatory
thereof and supplementary thereto
do hereby associate ourselves together
as a body corporate, and adopt the
following Certificate Of Incorporation:
Article /.
The name of this corporation shall
be American Publishing Company.
The general nature of its business
shall be the publication of a news
paper at Askov. Minnesota, also that
Of owning, operating and conducting
general commercial job printing
plant, to buy. sell and otherwise deal
in printing equipment, office furni-
ture. supplies and paper, to own and
operate printing plants or branch Of
fees in other villages or cities, and
to do any and every act necessary or
advisable for the accomplishment OF
the proper conduct of the business.
The principal place OF transacting
the business of this corporation shall
be in the village Of Askov, County OF
Pine, State of Minnesota.
Article ii.
The time for the commencement OF
this corporation shall be June first,
1924, and the period OF its duration
shall be thirty years.
Article iii.
The names and places of residence
of the persons forming this corpora
ton are: Hjalmar Petersen, Askov,
Mimi. Svend Petersen, Askov, Mimi,
Paul N. Frokjer. Askov, Mimi. Evald
G. Sorensen, Askov, Mimi, Anna V.
Laursen. Askov. MINI.
Article w.
The management of this corpora
tion shall be vested in a Board OF
Directors, composed of not less than
three and not more than FIVE mem
bers. The names and addresses OF
the first Board of Directors are:
Hjalmar Petersen. Askov, Mimi;
Svend Petersen. Askov, Mimi; Paul
N. Frokjer. Askov, Mimi; Evald G.
Sorensen, Askov. Mimi; Anna v
Laursen, Askov, MINI.
The first officers of this corpora
tion shall be: President, Hjalmar
Petersen; vice-president, Paul N
Frokjer; secretary, Svend Petersen;
and treasurer, Anna v. Laursen.
All of the above named officers and
directors shall hold their respective
Offices aforesaid until the first annual
meeting of the corporation to be held
January second. 1925, at which time
and annually thereafter. a Board Of
Directors shall be elected from and
by the stockholders of this corpora.
ton. The annual meeting of this
corporation shall be held at its prin.
cipal place of business on the first
Friday in January in each year
Immediately after the election oil
directors, or as soon thereafter as
practicable. the directors shall meet
and elect from their number a presi.
dent and a vice-president, and from
their number or from the stock.
holders secretary and a treasurer
Any two offices except that of presi.
dent and vice-president may be held
by one person. The directors and Of
ficers of this corporation shall hold
their respective offices until theil
successors. have been duly elected anC
entered upon the discharge Of theil
duties. The first meeting of the
stockholders and of the Board Of
Directors shall be held at Askov
Minnesota, on the second day of Janu
airy, 1925, at and o'clock re
spectively.
Article v.
The amount of the capital stock o.
this corporation shall be Fifty Thou.
sand Dollars $3.50, 100000 which shall
be paid in. in money or property, oil
both, in such manner, at such times
and in such amounts as the Board Of
Directors shall order. The capita
stock shall be divided into Five
Hundred $500 shares OF the pal
value Of s10o each.
Article vi.
The highest amount of indebtedness:
or liability to which this corporation
shall at any time be subject shall be
the sum OF Fifteen Thousand Dollars
ISIS. 000.00).
IN TESTIMONY WHEREOF. We
have hereunto set our hands and
seals this "a day Of May. 1924
Hjalmar Petersen, Svend Petersen
Paul N. Frokjer, Eald G. Sorensen
Anna V. Laursen.
IN THE PRESENCE OF Anton
Gravesen, J. c. Jensen.
State Of Mimi, County Of Pines
On this "a day Of May. 1924. per.
sonally appeared before me Hjalmar
Petersen, Svend Petersen. Paul n
Frokjer, Eyald G. Sorensen, Anna v
Laursen, to me known to be the
persons named in and who executed
the foregoing Certificate OF lncorpora.
tion. and each acknowledged that he
executed the same as his free act and
deed. for the uses and purposes there.
in expressed.
Anton Gravesen.
Notary Public Pine County, Mimi
My commission expires April Isl
1925.
(SeaD
State Of Minnesota