The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1933-04-28
CERTIFICATE Of INCORPORATION
OF
FRIEOSBURG SERVICE AGENCY,
INCORPORATED.

We, the undersigned, for the purpose
of forming corporation under and
pursuant to the provisions of Chapter
So, Mason's Minnesota Statutes 1927
and any amendments thereto, do here
by associate ourselves as a body cor
porate and do hereby adopt the follow
ing CERTIFICATE OF NCORPORA-
TTON:
ARTICLE L
The name of this corporation shall
be Friedsburg Service Agency, Incor-
porated. The general nature of its
business shall be to own and operate
general commission business and
agency and to own, acquire, sell. mort
gage and otherwise hold or dispose of
all property, real, personal or mixed
which may be necessary in the conduct
of said business.
The principal place of business of
the corporation shall be Ely, st. Louis
County, Minnesota.
ARTICLE III
The period of duration of such cor
poration shall be thirty 600 years from
the 18th day of April, 1893, which shall
be the day of commencement of said
corporation.
ARTICLE III
The names and places of residence
of the persons forming the corporation
are: o. T. Friedsburg, Florence Frieds-
burg, and Thomas ]. Carey, all of Ely,
Minnesota, and residing at the latter
lplace.
ARTICLE Nv
The management of this corporation
shall be vested in Board of Directors
composed of three CO members who
shall be elected by the stockholders
and all of whom shall be stockholders.
The date of the annual meeting at
which the members of such board shall
be elected shall be the third Tuesday
in January of each year.
The names and addresses of those
composing the Board of Directors until
the first annual meeting and the
election and qualification of the Board
of Directors thereat chosen, shall be
o. T. Friedsburg, Florence Friedsburg,
and Thomas j. Carey, all of Ely. Min
nesota Within ten C0) days after the
annual election of directors the Board
of Directors then chosen shall elect
the following officers: President, Vice
President, Secretary and Treasurer.
Any two CD officers except that of
President and Vice President can be
held by one individual and all officers
shall be elected from the membership
of the Board of Directors. Until the
election and qualification of officers to
be chosen by the Board of Directors at
the first annual meeting, the officers of
the corporation shall be as follows:
o. T. Friedsburg, President
Thomas j. Carey, Vice President
Florence Friedsburg, Secretary Treas
urer.
ARTICLE v
The amount of the capital stock of
this corporation shall be ten thousand
dollars ($10OO0OO), which shall be paid
in in money or property or services in
such manner, at such times, and in
such amounts as the Board of Directors
shall order. The capital stock shall be
divided into two hundred (200) shares
of the par value of fifty dollars
($5000) per share.
ARTICLE vi
The highest amount of indebtedness
or liability to which this corporation
shall at any time be liable or subject
shall be the sum Of five thousand
dollars ($5yOOO.OO).
IN TESTIMONY WHEREOF the
undersigned have hereunto set their
hands and seals this 30th day of
March, 1888.
o. T. FRIEDSBURG,
FLORENCE FRIEDSBURG,
THOMAS j. CAREY.
Signed, sealed and delivered in the
presence of:
RUTH CHMDERS,
G. T. SOMERO.
State of Minnesota. County of ST