Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1925-03-26
ARTICLES OF INCORPORATION or
MALvERSON a NELSON
COMPANY

pose % forming corporation under
and pursuant to the provisions az
Chapter tifty-eight (SS). General sta
tutes 1919. and laws amendatory
thereof and supplementary thereto
do hereby associate ourselves together
as body corporate. and adopt the
following Certificate Of Incorporation;
ARTICLE l.
The name OF this corporation shall
be Halyerson a Nelson Company. The
be 20 carry on general business OF
foundry sands and supplies in all its
branches. To Manufacture, buy, sell
and otherwise dispose OF, and deal In.
all kinds az merchandise.
The principal place % fransacting
the business Of this corporation shall
be In the Town Of kerrick. County OF
Pine. State Of Minnesota.
ARTICLE II.
The time for the commencement OF
this corporation shall be April Sth.
is2h. and the period OF it's duration
shah be thirty years,
ARTIcl.E Ill.
The names and places OF residence
o. the persons forming this corpora
ton are: Mr.. Simon A. Halserson.
Kerrick. Mimi: Mr.. Gilbert r. Nell
son. kerrick. Mimi; Mrs. q. *. Nell
son. kerrick. Mimi: Mrs. 3. A. Hal
yerson. Kerrick. MINI.
ARTICLE ".
The management Of this corpora
tion shall be vested In q Board OF
Directors. composed Of not less than
and not more than 9 members. The
names and addresses Of tho nrst
Board of Directors are: Mr.. simon A.
Halverson. kerrick. MINI; Mr.. GIL
bert r. Nelson. Kerriek. Mimi; Mrs.
q. u Nelson, kerrick. MINI; Mrs. 8.
A. Halyerson. Kerrick. MINI.
The first officers Of this corpora
ton shall be: President. Simon A.
Halverson. vice-president, Gilbert T.
Nelson: secretary. Mrs. 3. A. Haiver-
son and treasurer. Mrs. q. n Nelson.
All OF the above named officers and
directors shall hold their respective
offices aforesaid until the first annual
meeting OF the corporation 20 be held
May LIST. 1925. at which time aud an
nually thereafter. Board 81 Direc-
tors shall be elected from and by the
stockholders OF this corporation. The
annual meeting OF this corporation
shall be held at its principal place OF
business on the End Tuesday In April
In each year. Immediately after the
election OF directors, or as soon there
after as practicable. the directors
shall meet and elect from their num-
Der president and yice-president.
and from their number or from the
stockholders a secretary and a treas
urer. Any office 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 their
successors have been duly elected and
entered upon the discharge ~ their
duties. The frst meeting OF the
stockholders and OF the Board Of Di-
rectors shall be held at Kerrick. Min
nesota. on the list day of May. 1895.
at 10 and IL o'clock. respectively.
ARTICLE ".
The amount OF the capital stock OF
this corporation shall be $4,000. 90
| Twenty Five Thousand Doliars)
which shall be paid In. In money or
property. or both. In such q manner,
at such times. and In such amounts
as the Board OF Directors shall order,
The capital stock shall be divided In
TO $50 1.-TWO hundred and fifty) shares
Of the par value OF $4,000 each.
ARTICLE vi.
| The highest amount OF Indebted
ness or liability to which this cor
poration shall nj any time be sub
ject shall be the sum of $1,000. 90
| (Five Thousand Dollarsl.
IN TESTIMONY WHEREOF. We
have hereunto set our hands and seals
this 18th day Of March. 1895.
Gilbert " Nelson (Seall
| Simon A. Halverson (Seal)
Mrs q. " Nelson (Seal)
Mrs. 8. A. HaIverson (Seal)
In the presence Of Jas. n. Hogan. J.
w. Tanquist.
State OF Minnesota. County OF Pine.
S.
ON this goth day OF March, 1895,
personally appeared before me Mr.
q. " Nelson, Mr.. 8. A. HAlverson, Mrs
q. u Nelson and Mrs. 8. A. Halver-
son. to me known 20 be the persons
named In and who executed the fore
going Certificate OF Incorporation. and
each acknowledged that he executed
tue same a. Hin tftt hCt anu uttN. iDf
the uses and purposes therein ex-
pressed.
Jas. Hogan.
Notary Public, Pine County. MINI,
Ny commission expires Nov. 18th,
1917.
State Of Minnesota
Department Of State.
hereby certify that the within
instrument was filed for record "a
this office on the 23rd day OF March
A. ID. 1895. az o'clock .. m. and was
duly recorded IN Book R-4 OF Incor.
porations on page 100.
Mike Holm.
Secretary Of State
No. I2sosI.
Office Of Register Of Deeds.
Pine County, MINI.
hereby certify that the within
instrument was filed In this office for
record on the Gath day OF March. A.
ID. 1895. nj I o'clock .. m. and was
duly recorded In book X OF Misc. on
page 6.
r. l. Hamlin.
Register OF Deeds.
March 2s-April o.