stefansson-wrangel-09-05-034-001

Ans. Date ?

June 29th, 1921.

V. Stefansson, Esq.,
Ellison-White Sevens Chatauqua Circuit,
Cambridge, IDAHO.

My dear Stefansson,

Your company now is duly incorporated, and we
have the certificate of incorporation in this office.
We have also held our first meeting, which is necessary
before the company can commence business, and I enclose
copies of the minutes together with copy of the Certifi-
cate of Incorporation, also copy of your Solicitors’
letter to me and my reply to them.

You will notice that at the present time I
have not elected myself to a place on the Board. This
is for the reason that I think it better that I should
not be a Director at the time the boat is transferred,
but immediately following that both Miss Withers and
Mr. Anderson can resign and I can be elected. It is
desirable that you always have two Directors resident
in Vancouver, and I would suggest that you retain Mr.
Anderson, who is my secretary, unless you have some
other friends whom you would prefer to act instead.

It may appear to you from reading the Minutes
that we have been taking liberties with your company in
the matter of appointing an auditor and a lawyer, but
inasmuch as it is customary to do this at the first meet-
ing, in view of the fact that I am quite sure you will be
pleased with the choice, and if you are not you can
readily change it at any time, I thought we might as
well carry out all the formalities at the one time, mak-
ing our actions in this matter entirely subject to your
approval.

You will see from Messrs. Wilson & Jamieson’s
account that I have dispensed all the money you have
given me. There are several small items of expense in
the way of telegrams, seal, minute book, etc., that