The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1931-10-15
October S-15)
2TICLES OF INCORPORATION
OF THE REDWOOD HOLDING
rnMnAAIv

- HINLES OE lNCONfOHAIlON
OF THE REDWOOD HOLDING
COMPANY.
We, the undersigned, for the pur-
Sc of forming corporation under
pursuant to Chapter SO, General
atutes of Minnesota for the year
% and the acts amendatOry there
do hereby associate ourselves as a
'dy corporate, and do hereby adopt
ie following Certificate of Incor-
)ration:
The name of this corporation shall
Redwood Holding Company, and
S place of business shall be at Red
God Falls, Minnesota.
The general nature of it's business
lall be to buy, own, operate, lease,
lchange, trade, mortgage, sell or
)nvey lands and tenements; and to
,quire erect, own, lease, and, or,
oerate buildings thereon.
III
The time for the commencement of
lis corporation shall be October first,
}31, and the period of its duration
lall be thirty years.
w
The names and places of residence
the persons forming this corpora
on are: N. R. Ryerson, George A.
arnes, William M. Smith, j. w.
lglis, and j. w. Anderson, all resid-
lg at Redwood Falls, Minnesota.
v
The government of this corpora
on and the management of it's
fairs shall be vested in a Board of
directors of five persons, elected from
he stockholders from their number
t the annual meeting, which annual
leeting shall be held on the first We'd
esday in January of each year; and
aid Board of Directors shall forth
nth, upon their election, elect as Of
GERS of said Corporation, President,
,ice-President, Secretary, and a
treasurer. The office of Treasurer
nay be held by anv other officer of
he Corporation. All of such officers
hall hold their respective offices for
ne year, or until their successors have
Ieen duly elected, qualified, and en-
cred upon the discharge of their re-
ipective duties. The names of the
irst Board of Directors are: N. R.
ayerson, George A. Barnes, William
VI. Smith, j. w. Inglis, and j. w. An
jerson, all of Redwood Falls, Mime
,ota; and J. w. Inglis shall be Presi-
lent, and George A. Barnes shall be
Tice-President; and N. R. Ryerson
hall be Secretary and Treasurer;
md all the above directors and Of
GERS shall hold their respective Of
ices until the first annual meeting
a January, 1882; and until their sue
essors are duly elected, qualified,
md entered upon the discharge of
heir respective duties.
VI
The amount of capital stock of this
corporation shall be S50,000.60 eff
Y Thousand Dollars), which shall be
'aid IN in money or property, or both,
n such manner and at such times and
n such amounts as the Board of Di-
ectors shall direct. The capital stock
hall be divided into five hundred
500 shares, of the par value of One
hundred Dollars ($l0U.00) each.
VII
At all meetings of stockholders of
his Corporation, each stakeholder
hall be entitled to one vote for each
hare held by him. Special meetings
f the directors may he beld at any
ime upon the call of the President, or
pom the written request of any two
irectors filed with the Secretary. The
secretary shall call such special meet
ng and majority of the Directors
hall constitute a quorum for the
transaction of any lawful business.
The amount of Indebtedness or
liability to which this corporation
hall at any time be subject, shall not
Xceed the sum of Twenty Five
Thousand Dollars 1925, 100000.
IN TESTIMONY WHEREOF we
ave hereunto set our hands and seals
his 22nd day of September, 1881.
N. R. RYERSON
GEORGE A. BARNES
j. w. ANDERSON
WILLIAM M. SMITH
J. w. INGLIS
Signed, Sealed and Delivered in the
resence of
EUNICE MCKAY
THOS. F. REED, Jr.
State of Minnesota County of Red