The St. Paul echo., 1926-12-11
PAGE FOUR

PAGE FOUR
CERTIFICATE OF INCORPORATION
INDEPENDENT WoRKMENs CIRCLE
We, the n aDdsss Asss f ING the purpose
of forming q corporation under and
pursuant to the provisions of chapter
ifty-eight l5S). General Statutes Of
ments thereof, do hereby associate our
selves as body corporate. and do
hereby adopt the following Certificate
of Incorporation:
The name of this corporation shall
be "INDEPENDENT W0RK!MEN.S CIR
Gle Gle .T L0AN ASSOCIATION MOOR
The general nature of the business
of this corporation shall be to furnish
financial relief and assistance to it's
members. To carry out this purpose,
it shall have power to make loans to
it's members on such terms and in such
to collect fees from it's members and to
do all things incidental to this main
purpose.
The principal place of business of
this corporation shall be the City of
st. Paul, Ramsey County, Minnesota.
The time for the commencement of
this corporation shall be January 3rd,
1927. and the period of it's duration
shall be thirty years
The authorized amount Of capital
stock of this corporation shall be Fifty
Thousand &$5O.OOO.0O) Dollars divided
the, par value Of Ten $4,000 Dollars
each. The. capital stock shall be PAID
in as the Board of Directors may from
holder shall be entitled to one vote only
irrespective of the number of shares
of stock he owns.
The names and places of residence of
the persons forming this corporation
HARRY SIMONSON,
HARRY sHALLER,
MoR s.: Pd Rffr Minnesota
irvine N pf EPsT MfhReS0ta'
st. Paul. Minnesota.
BEN BARINBAUM,
st. Paul, Minnesota.
The management Of this corporation
shall be vested in Board of nine Di-
consist of four Officers Of the corpora
ton and five other members. They
shall be elected annually at the annual
meeting of the corporation and shall
hold office until their successors are
elected and enter upon the discharge
of their duties. Only such persons NAV
be elected to the Board of Directors
under the bylaws Of this corporation.
The officers of this corporation shall
be a president, vice-president, secre-
tary, and a treasurer. They shall be
elected annually at the annual meeting
or the stock holders and shall hold of
and enter upon the discharge of their
duties.
o The following persons shall be the
omcers ana directors of said corpora
ton until the first annual meeting:
HARRY SIMONSON shall be president
HARRY SMALLER shall be vfce-presi-
LOUIS E. LERMAN shall be secretary.
MORRIS RUTMAN shall be treasurer
Max =. I, SGHWAY shall be a. director
SAM SIMONSON shall be director.
PHILLIP LAPINSKY shall be di-
WILLIAM GRODIN shall be director
Board of Directors and they shall hold
their respective offices until their sue
SCISSORS are elected and enter upon the
discharge of their duties.
The annual meeting of the stock
holders shall be held on the Bird Mon
with the year 1927;
Inc limit of liability to which this
time shall be the sum of One Hundred
Thousand ($100, O00.0O) Dollars. The
limit of the liability, which the Board
OF directors may incur at any one time
shall be the amount prescribed in the
bylaws ~'''
XII.
ANY officer or director of this cor
Pofatlon may be recalled and any mem
Der may be suspended or expelled for
cause. The power to exercise such re-
calilng, suspension or expulsion shall
officer shall be recalled or e' members Ms
suspended or expelled unless at least
seven members of the Board of Di.
N WI THSH z faH9r St r such action
and seals this soth day of Nov, n 1875
HARRY sIMoNsoN.
HARRY SMALLER,
IRVING EPSTEIN
IN THE PREsEHHicEB AnREI1 ~:
WALTER MALLORY,
MARY D. SMALLER.
STATE OF MINNESOTA, COUNTY OF
On this both day of Nov, 1926, before
me-, q Notary Public within and for
RY ssGSR5E sPpsNEs0nHaAlK HAR
MoRRis RTTMAN. 'n fRVfNG SEh PsTEiN
and BEN BARINB:AUM. to me known
to be the persons described in and who
executed the foregoing instrument, and
acknowledged that they executed the
same as their free act and deed.
LOUIS E. HERMAN,
Notary Public, Ramsey County, Mimi
My commission expires March /, 1888
STATE OF MINNESOTA, DEPART
MENT OF STATE,
hereby certify that the within in
strument was filed for record in this
ONCE on the End day of Dec, A. d.
1926, at - o'clock NJ, and was duly
recorder in Book - of Interpretations
MIKE HOLM,
STATE OF MINNESOTA SOfINTY OF
RAMSEY, S.
Office Of the Register of Deeds.
This is to certify that the within in
strument was filed for record in this
office at st. Paul, on the End day of
December. A. D. 1925, at 1890 O'Clock
T. NJ, and that the same was duly re-
corded in Book Four of Incorporafions