The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1931-05-07
april 3O-May y
ARTICLES OF incorporation
OF THE REDWOOD OIL COM.

april 3O-May y
ARTICLES OF INCORPORATION
OF THE REDWOOD OIL COM
PANY INCORPORATED
We, the undersigned, for the pur-
pose of forming a corporation under
and pursuant to the provisions Of
Chapter So, General Statutes Of Min
nesota, 1923, and any amendments
thereof, do hereby associate ourselves
for the purpose of forming corpora
fion, and do hereby accept the follow
ing Certificate Of Incorporation:
I
The name of this Corporation shall
DE:
THE REDWOOD OIL COMPANY
INCORPORATED.
II
The principal place Of business of
this corporation shall be at the City
of Redwood Falls, County of Red
wood, and state of Minnesota.
III
The general nature Of the business
of this corporation shall be:
To buy, sell and deal in gasoline,
petroleum, lubricating oils and other
products which may be component
parts of petroleum, either at whole
sale or retail;
To buy, sell, build, construct, lease,
operate and maintain oil and gasoline
stations, motor vehicles and access
cries in all their parts and varieties,
either at wholesale or retail;
To the same extent as natural per-
sons might or could do, to purchase
or otherwise acquire, and to hold,
own, maintain, work, develop, sell,
lease, exchange, hire, convey, mort
gage, or otherwise dispose Of and deal
IN, lands and leaseholds, and any in
terest, estate, and rights in real pro-
perry, and any personal or mixed
property, and any franchises, agency
contracts, rights, licenses, or privil-
eyes necessary, convenient, or appro-
pirate for any of the purposes herein
expressed;
To lay, buy, lease, sell and operate
pipes and pipe lines and tanks, and
ito transport gasoline, petroleum, lu-
bricating oils and all other products
which may be component parts of
petroleum, and to do a general pipe
Zine and storage business;
To acquire and undertake the good
will, property rights, assets and La
bilities of any person, firm, associa-
fions or corporations and to pay for
the same in cash, stock or bonds of
the corporation or otherwise;
To enter into, make, perform and
carry out contracts of every kind and
purpose in connection with the bust
ness of this corporation with any per-
son, firm, association or corporation;
To borrow or raise money within
the limit hereinafter set forth by
bonds or other negotiable or other
transferable instruments or other
wise;
To purchase, hold and reissue the
shares of it's capital stock and to ac-
quire or purchase and to hold for in
vestment or other purposes and to
use, sell and dispose of all stocks,
bonds, mortgages, notes, or other
evidences of Indebtedness of either
private persons, associations or cor
operations;
The time for the commencement of
this corporation shall be the 18th day
of May, 1881, and the period of its
duration shall be for Thirty 500
years thereafter.
The names and places of residence
of the incorporators are:
John E. Koors, Redwood Falls
Minnesota.
F. E. Pearson, Winthrop, Minneso
ia.
C. L. Koors, Redwood Falls, Mime
sofa.
The management of this corpora
Hion shall be vested in a Board o
Directors composed of not less thai
three, nor more than seven members
The names and addresses of tn
members of the first Board of Direct
s0rs are:
John E. Koors, Redwood Fall:
Minnesota.
F. E. Pearson, Winthrop, Minnesc
ia.
C. L. Koors, Redwood Falls, Mime
sofa.
The first officers of this corpora
tion shall be:
President and Treasurer, John ]
Koors,
Vice President, F. E. Pearson,
Secretary, C. l.. Koors;
All of the above named officers an
directors shall hold their respecti1
offices aforesaid until the next Al
nual Meeting of the Corporation
be held January 28th, 1882, at whic
time and annually thereafter, Boar
of Directors shall be elected from ar
by the stockholders of this Corpor;
ton.
The Annual Meeting of this CO
poration shall be held at its princip
place of business on the fourth (4tf
Thursday of January in each yea
Immediately after the election of tt
Board of Directors or as soon Their
after as practicable, the Directo
shall meet and elect from their nun
her a President Vice President Sc