The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1926-07-16
CERTIFICATE OF INc0RP0RA-
TON OF THE PETERSON
CANDY COMPANY.

We, the undersigned, for the pur-
pose of forming corporation under
and in pursuant to the provisions OF
Chapter fifty-eight (58) General
Statutes of Minnesota for 1928, 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 III.
The time for the commencement
of this corporation shall be June 10,
1870. dIlu Lilc pCllOu VI ibo ouA
shall be thirty years.
ARTICLE III.
The names and places of resi-
dence of the persons forming this
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 a 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. All of the
above namea officers and directors
shall hold their respective offices
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 so0n
thereafter as practicable, the direct
ors shall meet and elect from their
number a president and vlce-presi-
dent, and from their number Or
from the stockholders a secretary
and a treasurer. Any Office except
that of president and 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 been
duly elected and entered upon the
discharge of their duties.
ARTICLE v.
The amount of capital stock of
this corporation shall be fifty thou
sand dollars, which shall be paid in,
in money or property, CT both, in
such manner, at such time, and in
such amounts as the Board of Di-
rectors shall order. The capital
stock shall be divided into 1000
shares 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, 10000
In Testimony Whereof, we have
hereunto set our hands this 18th
day of June, 1926.
GEORGE I. MARKHAM
PETER PETERSON
JEANETTE JOHNSON
In the presence of:
ISABEL H. STEUERWALD
MTTRTEI HORRC