Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-01-02
CERTIFICATE OF INCORPORATION
ASKOV-BARR CORPORATION


of forming a corporation under pur-
.suant to and by virtue of the laws of
the State of Minnesota, do hereby aSSo-
-ciate ourselves as Il body corporate and
do hereby adopt the following Certif1-
cate of Incorporation.
Article L.
The name of this corporation shall be
and is ASKOVBARR CORPORATION.
Article III.
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 it's duration
shall be thirty years from the and after
said date.
The names and places of residence
of the incorpOratorS of this corporation
MIMI; a. j. Larsen, Askov. Mimi; Carl
Miller. Askov. Mimi; A. Henriksen.
Askov, Mimi; Svend Petersen. Askov.
Mimi; Conrad Christensen. Askov.
Mimi; j. "A. Johnson Askov. Mimi;
Louis Olsen. Askov Mimi; r. n. Thorn
sen. Askov. Minn.; Carl NJ. Madsen.
The management of this corporation
shall be vested in 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: j. 10. Barr, st. Cloud.
Mimi; Louis Olsen. Askov. Mimi; A. p.
Jensen. Askov. Mimi; A. j: Larsen,
Mimi. The officers of said corporation
shall be President. Vice President. Secre-
tary and Treasurer. Any two of said
1dent may be held by the same person.
Until their successors have been
elected and qualified A. j. Larsen shall
be President. j. Il. 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
holders of said corporation. The first
first Tuesday after the first Monday of
January. at which time, and annually
thereafter, a 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 it's 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
tional powers to its 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 Nj.
The highest amount of indebtedness
to which this corporation may at any
time be subject to shall be the sum of
Two Hundred Thousand Dollars $780,
000).
In testimony whereof we have set our
hands and seals this End day of De-
eember, 1929.
]. Z. BARR
A. J. LARSEN.
A. HENRIKSEN.
SVEND PETERSEN.
CONRAD CHRISTENSEN.
j. A. JOHNSON.
CARL MILLER.
LOUIS OLSEN.
T. y. THOMSEN.
CARL NJ. MADSEN.
Signed. sealed and delivered in the pres
ence off,
V. 5. Petersen.
a. II. Jensen.
State of Minnesota. County of Pine. IS.
BE 1t remembered that on this End
day of December. 1929. personally APP
peared before me, j. Il. Barr, A. j. Lar
sen, y. HenrikSen, Svend Petersen, Con-
rad Christensen, j. A. Johnson. Carl
Miller. Louis Olsen, 7. n. Thomson,
Carl Nj. MadSen. to me well known to
be the persons named and who executed
the foregoing Certificate of Incorpora-
ton and each acknowledges that he
executed the same his free act and
deed for the uses and purposes therein
expressed.
ANTON GRANESF,N,
Notary Public.
My commission expires March 3. 1872.