7.1. SR 10-20-2014 - Laserfiche WebLink

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STONESTHROW PROPERTIES, LLC WRITTEN ACTION IN LIEU OF ORGANIZATIONAL MEETING BY THE ORGANIZER AND BOARD OF GOVERNORS The undersigned, being the organizer and first Board of Governors of Stonesthrow Properties, LLC, a Minnesota limited liability company (the"Company"), subject to Chapter 322B of the Minnesota Statutes, do hereby adopt in writing the following resolutions: WHEREAS, a copy of the Articles of Organization were presented, having been filed in the office of the Secretary of State, State of Minnesota, on July 15, 2014; therefore be it RESOLVED, that the Articles of Organization as presented be,and they hereby are, accepted and approved and that said Articles of Organization, along with the Certificate of Organization, be inserted into the official minute book of the Company. FURTHER RESOLVED, that in compliance with Chapter 322E of the Minnesota Statutes, this Company shall keep at its principal executive office the original or copies of all required records. WHEREAS, the Board of Governors have reviewed the proposed Operating Agreement of the Company and have found it to be satisfactory; therefore be it RESOLVED, that the form of Operating Agreement of the Company, as presented, be approved and adopted in its entirety and that the Secretary of the Company is hereby instructed to cause the same to be inserted into the official minute book of the Company. FURTHER RESOLVED, that the Company shall have no seat. WHEREAS,the Company shall be governed by a Board of Governors; therefore be it RESOLVED, that the following named persons are hereby elected Governors of the Company to hold such position until their successors shall have been elected and qualified or until their earlier resignation: David M. Walters - Governor Barbara J. Walters - Governor AND WHEREAS, the Board of Governors shall elect officers to serve at the discretion of the Board; therefore be it RESOLVED, that the following named persons are hereby elected to the offices of this Company set forth opposite their respective names below: David M. Walters - Chief Executive Manager/President David M. Walters - Chief Financial Manager/Treasurer Barbara J. Walters - Vice President/Secretary FURTHER RESOLVED, that the Contribution Agreements dated July 15, 2014, wherein David M. Walters and Barbara J. Walters, respectively, have each offered to pay to the Company the amounts specified below in exchange for the membership interest in the Company as set forth below, are hereby accepted by the Company: