The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1926-07-23
CERTIFICATE OF Inc0RPoRA-
TON OF The PETERSON
CANDY COMPANY.

We. the undersigned, for the i,ur-
pose of forming a corporation under
and in pursuant to the provisions OF
Chapter fifty-eight (58) General
Statutes of Minnesota for 1913, and
any amendments thereof, do hereby
associate ourselves as body corpor-
ate, and do hereby adopt the follow
ing Certificate of Incorporation:
ARTICLE /.
The name of this corporation shall
be the Peterson Candy Company.
The general nature of its business
shall be that of manufacturing all
kinds of candies, baking products, TO
buying, selling, leasing, and other
wise dealing in personal property
and real estate, and to do any and
all business necessary, convenient,
or incidental to the welfare of the
corporation.
The principal place of transacting
the business of this corporation shall
be in the city of Duluth, County OF
st. Louis, State of Minnesota.
ARTICLE IL.
The time for the commencement
of this corporation shall be June ID,
1870. dIlu LlC PSiiNN Va ASS
shall be thirty years.
ARTICLE III.
The names and places of resi-
dence of the persons forming TINS
corporation are George |. Markham,
Peter Peterson and Mrs. jeanette
Johnson, all of Duluth. Minnesota.
ARTICLE ~.
The management of this corpora
ton shall be vested in Board of
Directors, composed of not less than
three and not more than seven mem
bers. The names and addresses OF
the first Board of Directors are
George |. Markham, Peter Peterson
and Mrs. jeanette Johnson, all OF
Duluth, Minnesota.
The first officers of this corpora
ton shall be: President, George L.
Markham; Vice-President, Mrs. Jean
cite Johnson; and Secretary-Treas-
urer, Peter Peterson. Ali OF the
above nameo officers and directors
shall hold their respective ofhceS
aforesaid until the next annual
meeting of the corporation to be
held on January IL, 1927, at which
time and annually thereafter, a
Board of Directors shall be elected
from and by the stockholders of
this CORPORATION. The annual meet
ing of this corporation shall be held
on the second Tuesday in January
each year. Immediately after the
| election of directors, or as soon
thereafter as practicable. the direct
ors shall meet and elect from then
number a president and ylce-presl-
dent, and from their number OF
lfrom the stockholders secretary
and a treasurer. Any Office except
that of president and vice-president
may be held by one person. The
directors and officers of this corpora
ton shall hold their respective OF
fees until their successors have beer
duly elected and entered upon the
discharge of their duties.
ARTICLE v.
The amount of capital stock Of
this corporation shall be fifty thou
lsand dollars, which shall be paid in
in money or property, CT both, il
such manner, at such time, and II
such amounts as the Board of Di
Irectors shall order. The capita
stock shall be divided into 1,0Ot
Ishares of par value of $4,000 each
ARTICLE vi.
The highest amount of indebted
ness or liability to which this cor
poration shall at any time be sub
ject shall be the sum of $25, 100000
|. In Testimony Whereof, we have
hereunto set our hands this 16tf
day of June, 1926.
| GEORGE I. MARKHAM
PETER PETERSON
JEANETTE JOHNSON
In the presence of:
| ISABEL H. STEUERWALD
| MURIEL HOBBS