Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26
CERTIFICATE OF INCORPORATION
ASKOV-BARR CORPORATION

We. the undersigned. for the purpose
~of forming corporation under. pur-
Suant to and by virtue of the laws of
the State of Minnesota, do hereby asso-
.ciate ourselves as "a body corporate and
do hereby adopt the following Certiti-
cate of Incorporation.
The name of this corporation shall be
and is ASKOV-BARR CORPORATION.
Article Ill.
The objects and nature of the bust
ness of this corporation shall be and
are solely the canning OF vegetables.
Article iii.
The time for the commencement of
this corporation shall be December %.
1929, and the period of its duration
shall be thirty years from the and after
said date.
The names and places of residence
of the incorporatOrS of this corporation
are as follows: J. f. Barr st. Cloud.
Mimi; A. J. Larsen, Askov. Mimi; Carl
-Askov. Mimi; Svend Petersen, Askov.
Mimi; Conrad Christensen, Askov,
Mimi; J. A. Johnson. Askov: Mimi;
Louis Olsen, ASkov, Mimi; L. y. Thorn
sen, Askov. Mimi; Carl Nj. Madsen.
Askov, Mimi.
shall be vested in a Board of Directors,
the number thereof to be fixed by the
Bylaws of this corporation, provided.
however, that the number shall not be
less than three or more than nine. The
names and addresses of the first Board
of Directors are: ]. f.. Barr: st. Cloud.
Jensen. Askov, Mimi; y. J. Larsen.
Askov. Mimi; V. S. Petersen, Askov.
MINI. The officers of said corporation
shall be President, Vice President, Secre-
tary and Treasurer. Any two of said
offices. except President and Vice Pres
ident may be held by the same person.
Until their successors have been
elected and qualified a. j. Larsen shall
he President, j. f. Barr shall be Vice
President. and V. S. Petersen shall be
Secretary and Treasurer. All of the
above named and directors shall hold
their respective offices, aforesaid, until
the first annual meeting of the stock
annual meeting shall be held on the
first Tuesday after the first Monday of
January, at which time, and annually
thereafter. Board of Directors shall be
elected by the stockholders of this cor
poration.
Article vi.
The principal place of business for
transacting the business of this corpo-
ration shall be at the City of Askov,
County of Pine, Minnesota.
Article VII.
The annual meeting of this corpora
ton shall be held at its principal place
of business in the City of Askov. Min
neSota. on the first Tuesday after the
first Monday of January of each year.
Article VIII.
The stockholders of this corporation
may adopt all necessary Bylaws. rules
and regulations for the management of
its affairs and may delegate Sany addi-
tional powers to it's Board of Directors
not otherwise specifically given.
Article TX.
All officers of this corporation shall
be elected from and by the directors of
this corporation and shall hold their
respective offices for the term of one
year and until their successors are
elected and qualified.
Article Y.
The capital stock of this corporation
shall be divided into 500 shares without
nominal or par value, which shall be
paid in money or property or both, in
such manner and at such times and in
such amounts as the Board of Directors
shall order.
Said shares of common stock without
nominal or par value may be issued by
this corporation from time to time for
such consideration as may be determined
upon from time to time by the Board
of Directors thereof. provided. however.
the consideration shall not be less than
the fair market value of such shares.
Article XI.
The highest amount of indebtedness
to which this corporation may at any