The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1924-05-14
THE REDWOOD GAZETTE REDWOOD FALLS, MINNESOTA

LOVOOD AAllOs MIN ~ EOOlA
May 14-21-2..
Articles OF lncOr-
poration
ARTICLES OF INCORPORATION
OF BELvIEW COOPERATIVE
SHIPPING ASSOCIATION.
Approved; Clifford L. Hilton, At
torney General.
Attorney General.
! May End, 1924.
The undersigned, acting for our
selves as individuals for the purpose
of organizing corporation under and
pursuant to Chapter 1926, of the SEES
sion Laws of the State of Minnesota
for 1928, do hereby adopt and sign
the following Articles of Incorpora-
ton.
ARTICLE 1.
The name of the corporation shall
be the Belview Cooperative Shipping
Association
The general nature of its business
shall be the purchasing, selling, hand
ling and marketing for itself and 9TH
ers of livestock and the products of
livestock, and such other agricultural
products as may be incidental there
to, and generally to acquire, use, and
dispose of all real and personal pro-
perty, and do any and all things in
cident to or necessary or convenient
for the prosecution of such business
or any branch thereof, and the prin-
cipal place of transacting such bust
ness shall be in the Village of Bel
view, Redwood County, State of Min
nesota.
ARTICLE II.
The period of duration of the Cor
poration shall be thirty 500 years.
/ ARTICLE III.
! The names and places Of residence
of the incorporatOrs are as follows:
M. N. Sandager, Swedes Forest
township, Redwood County, Mime
sofa.
P. A. Johnson, Kintire township,
Redwood County, Minnesota.
VIM. Eide, Swedes Forest township,
Redwood County, Minnesota.
Daniel Mckay, Kintire township,
Redwood County, Minnesota.
John Hines, kintire township, Red
/ wood County, Minnesota.
The Post office address of all of the
above named incorpOrators is Belvlew,
Minnesota, except John Hines, who's
Post office address is Delhi, Mime
sofa.
ARTICLE ".
The government of said corporation
and the management Of its affairs
shall be vested in board of nve
Directors. who shall be elected at the
annual meeting of the stockholders
which shall be held on the last Satur-
day in June of each year. The incor-
porators above named shall constitute
the first Board of Directors and shall
hold office until the first annual meet
ing of the stockholders and until their
successors are elected and qualified.
At the first annual meeting of the
Stockholders there shall be elected
two directors to hold office for tern,
of three wears, two directors to- hold
office for term of two years, and
one director to hold office for term
of one wear. Upon the expiration OF
the terms of office of the directors SO
elected their successors shall be elect
ed to hold office for terms of three
wears, and thereafter all directors
shall be elected for terms of three
years.
ARTICLE V.
The amount of the capital stock of
this CORPORATION shall be Five Hun
: dred Dollars (S500.00) divided into
five hundred shares of the par value
of One Dollar ($1.00) each and shall
be paid in money at such times as the
Board of Directors may prescribe.
ARTICLE VI.
The highest amount of Indebtedness
or liability to which this corporation
shall at any time be subject shall be
Five Thousand Dollars.
ARTICLE VII
The Articles of incorporation of
this corporation may be emended at
any time and from time to time SO
as to change its corporate name on
title, or so as to increase or diminish
It's capital stock, or TO cnange the
number and par value Of the shares
of its capital stock, or in any other
respect now or hereafter authorized
by law, in the following manner:
The Board of Directors, by major
ity vote of its members, may pass a
resolution setting forth the full text
of the proposed amendment and also
the full text of such section or sec
tions as may be repealed by such
amendment. Upon such action the
Board of Directors notice shall be
mailed to each and every stakeholder,
containing copy of the resolution SO
adopted, the full text of the proposed
! amendment, and also the full text of
such section or sections as may be
repealed by such amendment.
Such notice shall also designate the
time and place of the meeting at