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ARTICLE XL <br /> Dissolution; Distribution of Assets <br /> [upon dissolution of the corporation , its and ass--.+-s <br /> shall be distributed in accor dance with the laws of the �Fate �� <br /> Minnesota ; provided , however , that after the pa Ymen t of a l l <br /> liabilities and obligations of the corporation and all costs and <br /> expenses incurred by the corporation in connection with its <br /> dissolution, and subject to any condition or executory or spec i a...1i <br /> limitation requiring, by reason of dissolution of the corporation , <br /> the reversion, return, transfer , or conveyance of any propertir or <br /> assets held by the corporation , any, and all remaining proper ti, ar^ <br /> assets of the corporation shall be distributed exclus ivel f for <br /> charitable purposes within the meaning of section 501 (c ) t3 ) cf the <br /> code, or to the Federal government or a state or local government <br /> for a public purpose, or to cne cr rncre other organizations tha � <br /> are organized and operated e clus i vel_,. for char i tab a e p�r cses <br /> within the meaning of section 8C-L :r of the code , all in such <br /> proper t-ions as shall be determ i ne��1 F''.' the Boa rd c f r-o, ti o r s <br /> dissolution of the corporation ; s n,.-2-- reQuj l red .b•,, the laws �f t�: <br /> State of Minnesota then in of fee. be cond o e under coy;r t <br /> supervis ion, or ( i i ) otherwise Lt'. a cep rt of -'omoetent �'�r �sd <br /> if such dissolution is subject to cc: r t suoeriYr i-s ion t In nc evens <br /> shall any member , director , or o r f �:er f the co r o o r a t T'rn , i n a Ir,v <br /> of such capacities , be entl tled to an j da.stribu ticn cf the proper <br /> or assets of the corporation upon its <br /> d i - <br /> or <br /> ARTICLE X I I <br /> First Directors <br /> The number of directors cons tut ing the f; rst Board of <br /> Directors of the corporation is f'*.1 The names and addresses of <br /> such directors are: <br /> Marne Address <br /> Frank Reg 1589 Roselawn Avenue West <br /> Roseville, Minnesota 5511.E <br /> Joanne Cushman 1166 Sherren Street west <br /> Roseville, Minnesota 55 ;113 <br /> Tern ►Johnscn 1707 Lydia Avenue <br /> Roseville, Minnesota 55113 <br /> Al Fehr 988 West county Road <br /> Bt . Paul , Minnesota 55126 <br /> Bob Matson -174 Dellwood Avenue <br /> Roseville , Minnesota 15.51i3 <br /> ti <br /> 4 <br />