The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1940-08-01

Fishing Camp operated by William
Zupancich. They left their ship at the
Ely landing field under the care Of
Border Lakes Anyways.
income of the association, except such
amounts as are required to be set aside
as a reserve fund or permanent surplus,
or may be set aside by vote Of the
stockholders, available for distribution
among the members or non-membets,
or both, as the case may be, and as may
be prescribed in the bylaws, shall be
distributed only on the basis of patron
age.
ARTICLE "
The highest amount of Indebtedness
or liability to which said association
shall at any time be subject shall not
exceed s25.OOOOO.
SHALL BE AND IS HEREBY
AMENDED in the section above quoted
to read as follows:
ARTICLE "
The highest amount of Indebtedness
or liability to which said association
shall at any time be subject shall not
exceed the authorized capital stock.
ARTICLE VI
The government of this association
and the management Of its affairs shall
be vested in a board of seven directors,
which board after the one herein
named, shall be elected by ballot by
the stockholders for such terms as the
bylaws may prescribe, at the annual
meeting Of the stockholders, which shall
be held at 2 o'clock P NJ. on the second
Monday Of May each year. Vacancies
in the board Of directors may be filed
by the remaining members Of the board
the person or persons so appointed
to hold office until the next annual
meeting of the stockholders.
The names and places of residence of
the first board of directors who shall
hold Office until the first annual meet
ing of the stockholders and until their
successors are elected and have quail
fled, are as follows: Anton Laituri, Ely,
Mimi, John Dyhr, Ely, Mimi, Milo
Jarvi, Ely, Mimi, Walter Hiiva, Ely,
Mimi, Matt Kangas, Ely, Mimi, Gust
Ola, Ely, Mimi, Matt Jarvi, Ely, MINI.
SHALL BE AND IS HEREBY
AMENDED in the section above quoted
to read as follows:
ARTICLE VI
The government of this association
and the management of its affairs shall
be vested in a board of seven directors,
which board, after the one herein
named, shall be elected by ballot by the
stockholders for such terms as the
bylaws may prescribe, at the annual
meeting Of the stockholders, which
shall be held at 7:30 o'clock P NJ. on
the second Monday Of June of each
year. Vacancies in the board Of di-
rectors may be filled by the remaining
members of the board, the person or
persons so appointed to held office
until the next regular annual meeting
of the stockholders.
The names and residences of the first
board Of directors, who held Office until
the first annual meeting of the stock
holders and until their successors were
elected and qualified, are as follows:
Anton Laituri. Ely, Mimi, John Dyhr,
Ely, Mimi, Milo Jarvi, Ely, Mimi,
Walter Hiiva, Ely, Mimi, Matt Kangas,
Ely, Mimi, Gust Ola, Ely, MINI, Matt
Jarvi, Ely, MINI.
IN TESTIMONY WHEREOF, we
have hereunto set our hands and seals
this 22nd day Of June, A. D., 1910.
JACOB SALO, President,
ANTI TUOMIKOSKI, Secretary.
(SeaD
State of Minnesota, County of St.
Louis-ss
On this 22nd day of June, 1910, per-
sonally appeared before me Jacob Salo
and Anti Tuomikosh pres. and Sec
respectively of the Ely Coop ASSN to
me known TO be the persons named in
and who executed the foregoing res
olution and severally and each for him
self acknowledged that they executed
and signed the same of their free act
and deed, for the uses and purposes
therein expressed.
PETER MOSCATELLI,
Notary Public, St. Louis County, MINI
Ny Commission Expires, Nov 9Th, 1941
CNotarial SeaD
The foregoing Certificate OF Amend
ment examined and approved as tc
form and execution this 9Th day of
July, 1910, j. A. A Burnquist, Attorney
General. by Victor Gran, Assistant At
torney General
Filed with the Secretary Of State.
Mike Holm, July 9, 1910. Filed with the
Register Of Deeds Of St. Louis County
this 18th day Of July, 1910.