The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1924-12-17
Dec. II to Dec. "a.
Articles of Incor-
poration
ARTICLES OF INCORPORATION
OF CARITY MOTORS MOOR

ARTICLES OF INCOKPORA1lON
! OF CARITY MOTORS INCOR-
j PORATED.
/ We, the undersigned, do hereby as
! sociate ourselves together for the pur-
| pose of forming a 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 III.
The time of the commencement of
this corporation shall be January 1,
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. HemIer, 1000 West 22nd st
Minneapolis, Minnesota.
Ic
Minnesota. -.r
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 unit
their successors are elected, and ente,
upon their duties. Any vacancy il
said Board of Directors shall be fill
ed by the Board of Directors unit
the next annual meeting of the stock
holders. That at all meetings o.
said Board of Directors, a majority
/ shall constitute a quorum to do bust
ness, but less number may adjourn
! from time to time The office OF
Secretary 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 ]. 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 Directors
! first annual meeting and until their
successors are elected and enter upon
their duties
ARTICLE vi.
The amount of capital stock of this
corporation shall be Fifty Thousand
Dollars ($5O,000,0O) divided into Five
Hundred (5O0) shares of the par value
of One Hundred Dollars ($1O0.OO)
each, which capital stock shall bt
paid in at such times and in sucf
manner as shall be prescribed by the
officers, at all elections of Directors
and officers of said corporation each
holder of capital stock shall be entitled
to as many votes as shall equal the
number Of the shares of said capita
stock, and stockholders may vote sale
stock either In person or by proxy.
ARTICLE VII.
The highest amount of indebtedness.
or liability to which this corporation
shall at any time be liable shall b,
One Hundred Thousand Dollar
($1O0,O00.00).
ARTICLE VIII.
The first meeting of said Corpora
ton shall be held at the office of tn,
corporation at Redwood Falls, Min
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 j. Carity
Emma j. Carity
w. A. Hemler
E In Presence of:
George A.. Barnes
Agnes Trembley
AS to Fred j. Carity and Emm;
j. Carity.
Henry A. Moehrle
C. Scheiner
AS to w. A. Hemler.
State of Minnesota,