Twin-City herald. [volume] (Minneapolis, Minn.) 1927-1940, 1933-03-18

any increase or reduction In the capi-
tai stock of said corporation without
the consent in writing of the holders
of a majority thereof. The holders of
the common stock shall have the man
agement and control of this corpora
ton so long as the business of said
earnings the said preference dividends
on such preferred stock, and during
such time the holders of such pre-
ferred stock shall have no voting
said preferred stock shall not be
earned and paid for period Of 1--WE
(5) years, then and in that event the
holders of preferred stock shall have
and in the management and control
of said corporation as the common
stockholders. The corporation reserves
the right to redeem and retire at any
time its said preferred stock at par
in cash upon the payment of all divi-
dends to which such stock shall be
entitled, If such redemption shall be
authorized by law.
ARTICLE w
The highest amount of Indebtedness
or liability to which this corporation
shall at any time be subject shall be
One Hundred Thousand Dollars $780,
O00)
ARTICLE "
The governance of this corporation,
and the management of its affairs
shall be vested in Board of Directors
composed of not less than three go
nor more than i've w members. The
annual meeting of this corporation
shall be held at its principal place of
business on the fourth Monday of
, January of each year, commencing
with the year 1884, at Four o'clock
P. M. At such meeting a Board of
Directors, consisting of not less than
three (3) nor more than FIVE CD mem
bers, shall be elected who shall man
age and operate the business of this
corporation for the ensuing year, and
| until their successors shall have been
performance of their duties. The
Board of Directors shall meet immedi-
ately after the adjournment of the
annual meeting and elect from among
them President, Vice-President, Sec
rotary and Treasurer. Any one person
may hold two offices, except the offices
of President and ice-President. The
officers thus elected shall hold office
ing of Directors and until their sue
cessors shall have been elected and
have entered upon the performance of
ARTICLE VI
Until the annual meeting in Janu-
airy, 1884, the first Board of Directors
shall consist of the following: M.
Saxon, Dave Gantman, and NJ c. Kell-
er. The first officers of this corpora
ton shall be: Dave Gantman, Presi-
dent and Treasurer, M. Saxon, Vice
President, and NJ c. Keller, Secretary.
ARTICLE VII
The Board of Directors shall adopt
Bylaws conformable with these Ar
ticles for the governance of the cor
poration's affairs, and shall adopt
ARTICLE VIII
The first meeting of the incorpora-
tors and subscribers to stock in this
corporation shall be held at the hour
Of IN hn of on
the 7th day of March, 1888, at No. 1922
Hodgson Building, Minneapolis, Mime
sofa. The first meeting of the Direc-
tors of this corporation shall be held
Immediately following the adjourn
ment of the said first meeting of in
corporators and subscribers to stock
and at the same place.
ARTICLE TX
The names and places of residence
of the persons forming this corpora
ton are: M. Saxon, Chicago, Illinois,
Dave Gantman, st. Paul, Minnesota,
and M. c. Keller, Minneapolis, Mime
sofa.
IN TESTIMONY WHEREOF, we
have hereunto set our hands and seals
this 22nd day of February, 1898.
NJ SAXON,
NJ c. KELLER,
DAVE GANTMAN.
In the Presence of. ss- 6f.a-rn ~
E. J. DUVALL,
JESSIE KESLER,
EDWARD X. KELLER,
MARTIN KAHNER.
STATE OF MINNESOTA
County of Hennepin-ss.
On this 9th day of February, 1888,
for Hennepin County, Minnesota, per-
sonally appeared Dave Gantman and
M. c. Keller to me known to be the
persons named in and who. executed
ton, and each acknowledged that he
executed the same as his free act and
deed, and for the uses and purposes
EDWARD X. KELLER
EDWARD K. KELLER,
Notary Public, Hennepin County, MINI.
My Commission expires July IL, 1888.
STATE OF ILLINOIS,
County of Cook-ss.
On this 23rd day of February, 1888,
| before me, Notary Public, in and for
Cook County, Illinois, personally ap-
peared M. Saxon, to me known to be
one of the persons named in and who
executed the foregoing Certificate of
INCORPORATION, and acknowledged that
she executed the same as her free act
and deed, and for the uses and pur-
poses therein expressed.
WILLIAM H. KESLER,
Notary Public, Cook County, Illinois.
Ny Commission expires Dec. %, 1884.
(SEAL)
STATE OF MINNESOTA,
Department of State.
I hereby certify that the within In
strument was filed for record in this
| office on the 9th day of February, A.
| D. 1888, at AIS o'clock P. NJ, and was
| duly recorded in Book Els of Incor-
i porations on page $50.
MIKE HOLM,
Secretary of State.
| OFFICE OF REGISTER OF DEEDS,
| STATE OF MINNESOTA,
County of Hennepin.
I hereby certify that the within in
| strument was filed for record in this
| office on the 9th day of February.
| A. D. 1888, at 4.50 O'Clock P. NJ and
was duly recorded in book -. off,.
| Paget....
AUGUST w. SKoG.
Register of Deeds.
] BY Elmer r. Duemke,
Deputy Register of Deeds.
| KELLER & KELLER. Attorneys,
1922 Hodgson Building,
Minneapolis, MINI.
March Ills