Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1925-04-02

tion shall be vested In a Board OF
I and not more than members. The
names and addresses Of the first
Board Of Directors are: Mr.. Simon A.
Halverson. kerrick. MINI: Mr.. Gil
bert T. Nelson. Kerrick. MINI: Mrs
@. +. Nelson. Kerrick. MINI: Mrs. s.
A. Haiverson. Kerriek. Mimi.
The first officers OF this corpora
ton shall be: President. Simon A.
Halverson: yice-president. Gilbert T.
Nelson: secretary. Mrs. s. A. Halver-
son and treasurer. Mrs. q. r Nelson.
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
May list. 1925. at which time and an
nually thereafter. a Board OF 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 a president and a vice-president.
and from their number or from the
stockholders a secretary and treas
urer. Any office except that of presi-
dent and yice-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 az their
duties. The first meeting OF the
stockholders and OF the Board OF Di-
reetors shall be held at Kerrick. Min
nesota. on the LIST day OF May. 1895.
at 10 and IL O'Clock. respectively.
ARTICLE v.
The amount OF the capital stock Of
this corporation shall be $3.50 90
Twenty Five Thousand Dollars)
which shall be paid In. in money or
property, or both. In such a manner.
al such times. and In such amounts
as the Board OF Directors shall order
The capital stock shall be divided In
TO ESQ 1.-TWO hundred and ffty) shares
Of the par value OF $4,000 each.
ARTICLE VI
The highest amount OF Indebted
ness or liability 10 which this cor
poration shall at any time be sub
ject shall be the sum OF $4,000. 90
(Five Thousand DoIIars).
IN TESTIMONY WHEREOF. We
have bereunto set our hands and seals
this 18th day OF March. 1895.
Gilbert + Nelson (SeaD
Simon A. Halverson (Seal)
Mrs. @. T. Nelson iSeal)
Mrs. s. A. Halyerson (Seall
the Of L. II n
w. Tanauist
State Of Minnesota. County Of Pine.
S.
On this goth day Of March. 1895.
personally appeared before me Mr..
@. Z Nelson. Mr.. s. A. Halverson. Mrs.
@. Y Nelson and Mrs s. A. Halver-
son. to me known TO be the persons
named In and who executed the fore
going Certificate OF Incorporati and
each Acknowledged that he executed
the same as HIS free act and deed. for
the uses and purposes therein en-
pressed
Jas. Hogan.
Notary Public. Pine County. MINI.
Ny commission expires Nov. 18th.
State 81 Minnesota
Department Of State.
hereby certify that the within
instrument was filed for record In
this office on the card day OF March.
A. ID. 1875. al J O'Clock D. m, and Was
duly recorded In Book R-4 Of Incor-
porations on page 100.
Mike Holm.
Secretary OF State.
No. Isses1.
OffIce 81 Register Of Deeds.
Pine County, mimi.
! hereby certify that the within
instrument was fled In this office for
record On the 2ith day Of March. A.
ID. 1925. al I o'clock D. N. and wss
duly recorded In book X Of Misc. on
page g.
p. L. Hamlin.
Register % Deeds
March 2e-Aprfl -
w. n