Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-06-09
ARTICLES OF ASSOCIATION
The St. Paul Board Of Trade.
STATE OF MINNESOTA,

Be It known that we. the undersigned, residents
and citizens Of the city of st. Paul. in said county of
Ramsey have and do hereby associate ourselves for
the purpose Of becoming incorporated as Board of
Trade, pursuant to the general laws of said State
The name OF such corporation shall be the st. Paul
Board of Trade.
The general nature of the business Of said corpo-
ration sha be for the purpose of advancing the COM
mercia mercantile and manufacturing interests Of
said city of Saint Paul; for intoxicating Just and
equitable principles of trade; for establishing and
maintaining uniformity In the commercial usages Of
said city; for acquiring possessing and disseminate
ing useful business infor alton; for adjusting the
controversies and misunderstanding which may
arise between individuals engaged in trade and for
promoting the general prosperity Of said city.
The principal place of business Of said corporation
shall be In said city of Saint Paul. and its business
shall be transacted at place to be selected In said
city, to be known and designated as the Merchants
Exchange.
The said corporation shall commence on the first
1st day of June, A D. 1880, and shall continue for
thirty 500 years thereafter.
The names of The persons 80 associat'ng and
for ing such association for incorporation as
follows: P. Van Auken, J. T. Mcmillan, Charles
McIlrath, W. R. Merriam, James j. Jellett, John j.
Watson, P. II. Kelly, L. A. Gilbert, Maurice Auer-
bach, George L. Becker, D. Schultz, n. NJ. Butler
10. Adams, Michael Doran, C Livingston Charles
81. Wall, @. Il. Bigelow, william Constans, R. Bar
den, William A. Van Slyke, John McCauley, L. b.
Maxfeld, Julius Austrian, Charles W. Chase, John
]. Penner, A. 81 Wilder and Charles N.Bell, and they
all reside in said city of st. Paul.
The ma of the first Board Of Directors OF said
corporation follows: Charles McIlrath, P. n.
Kelly, j j. Jellett, P. Van Auken, L. II. Maxield,
r. Bardef, L. A. Gilbert, J. @. Adams and D.
Schultz.
The government Of the said corporation and the
management of its affairs shall be vested in the fol-
lowing officers, to-wt: A President two Vice
Presidents, Secretary (which said officers shall also
be eI-0FciO the President, Vice Presidents and
Secretary Of the Board Of Directors) q Treasurer
and Board Of Directors. The number Of such d.
rectors shall be fixed at the first annual meeting Of
the corporation, and such number may be increased
or decreased at any annual meeting. The said Of
ficers and Board of Directors shall be elected the
second Monday Of June, A. D. 1880, and thereafter
annually and they shall hold their respective offices
until their SUCCESSORS are elected and qualified. The
President shall, at the first meeting of the Board of
Directors In each year. soon thereafter prac-
tcable, appoint committee Of five (5),
whose duty it shall be to examine al sp-
pications for membership. Any person who
is resident Of permanently engaged
wishing to become q member of this corporation,
may make application therefor In writing to the
Secretary, who shall submit the same to the Com
mittee on Membership; and any two Of said COM
mittee upon being satisfied that said applicant should
be admitted as member, shall place the name of
said applicant the bulletin board In the Exchange,
place of business, at least three days before bal
lot; and every applicant proposed shall be voted
for by ballot, and If not more than in Ave Of the
ballots cast appear against him. he shall be declared
elected and upon signing the rules and bylaws, and
paying to the Treasurer such membership fee as
shall be from time to time adopted by the rules and
bylaws Of the corporation he shall become q men,
Der Of said corporation.
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