Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1924-05-29
CERTIFICATE OF INCORPORATION
OF AMERICAN PUBLISHING
COMPANY

We, the undersigned, for the pur-
pose Of forming 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 I.
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, 10 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
tion are: Hjalmar Petersen, Askov.
Mimi. Svend Petersen, Askov. MIMI.
Paul N. Frokjer, Askov. Mimi, Evald
q. Sorensen. Askov. Mimi, Anna ".
Laursen, Askov. MINI.
Article Nv.
The management of this corpora
tion shall be vested In Board Of
Directors. composed OF not less than
three and not more than five men,
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.
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
OF the corporation to be held
January second. 1925, at which time
and annually thereafter. Board of
Directors shall be elected from and
by the stockholders of this corpora
lion. The annual meeting of this
shall be held at its prin-
,ipal place OF business on the first
Friday in January in each year.
Immediately after the election of
directors, or as soon thereafter as
the directors shall meet
and elect from their number q presi-
lent and a vice-president. and from
heir number or from the stock
holders a secretary and a treasurer.
Any two offices except that OF presi-
lent and vice-president may be held
by one person. The directors and Of
lcers of this corporation shall hold
heir respective offices until their
successors have been duly elected and
upon the discharge OF their
luties. The first meeting OF the
and of the Board of
Directors shall be held at Askov,
on the second day OF Janu-
AIRY, 1926, at and o'clock re-
'pectiyely.
Article v.
The amount OF the capital stock of
his corporation shall be Fifty Thou
sand Dollars 1850. 000.00) which shall
De paid in, in money or property. or
both. in such manner, at such times.
and In such amounts as the Board OF
Directors shall order. The capital
stock shall be divided into Five
(500) shares of the par
value Of 500 each.
Article vi.
The highest amount OF indebtedness
,r liability TO which this corporation
shall at any time be subject shall be
he sum % Fifteen Thousand Dollars
5.o00,00).
IN TESTIMONY WHEREOF. We
have hereunto set our hands and
seals this "a day of May, 1924
ijalmar Petersen. Svend Petersen,
Paul N. Frokjer, ESald G. Sorensen,
Anna W Laursen.
IN THE PRESENCE OF Anton
iravesen. J. c. Jensen.
State OF Mimi, County OF Pines.