Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-08
a.1H INCORPORATION.
ARTICLES OF INCORPORATION
The ST. Paul Real Estate In
Vestnelt Company.
INCORPORATION.

We, the undersigned following nsnasd persons,
Elias Drake, Conrad 0otztsu, william Dswsoa,
Ferdinand wIllu., John .. Prince VIII. m Lindeke
Herman Greve, Charles 4. Moore, Frank b. Farweil
and william @. Robertson. have By these articles OF
sgreement and incorporation, Nssocseted snd do
hereby assocsss ourselves together for the purpose
II beck ming corporation, under hrd acc0rdfpG TO
he provisions Of titia two (3 Of chapter thrty-fotr
(S41 Of the general statutes Of the State OF Min
0esots.
First-The name OF the said corporation shall be
'sThe st. Paul Real Estate Investment Company"
and tie general nature OF the business OF said cor
porstion shall be building. constructing and mano'
featuring houses, stores, warehouse. lac, cries,
sevstors and other Tenement, or parts thereof, AUD
Of improving real estate, and OF buying. owning,
selling and dealing In such real estate. and Of least g.
lsuds ieneens and bereditauents OF real estate IN
the city Of saint Paul. In the county OF Ramsey and
Stste Of Minnesota. The principal pace Of trans.
acting said business shall b the said city OF Balm.
Paul,
Second Tho said corporation chan commeneeo
the tenth day Of June, 4 d. 1859. and continue 10
NE period Of thirty (so) years
Jh1vd-The amoant Of capital stock Of eaid corpo-
ration shall be two millions Of dollars t$2cs0 000).
70 be- issued In certificates Of stock such form aid
upon such terms and conditions and under such
regulations - may DO prescribed from time 70 time
BY he by-lass and 70 be paid In IN such instsll-
Ments OF IN such msensr =. nnsy b ordered rom
time to time BY the board Of dirto undec such
Regulat ons - may DO prescribed by tbs by.'aws;
O6r6883yy
Do subscribed to enable said corporation to transact
business or 60 into operston.
Fourth-Ihs indebtedness Of said corporation
shan never exceed the cum Of nifty thousand dol
lars, (95O00) nor shall any indebtedness be IN
cured exceeding tho means Of said corporation on
hand, OF bona nde uncoileeted subscriptions to the
capital stock subject to CALI and no moitgsge shall
corporation or ss Or any part thereof.
Yifth The names snd places Of residence q the
persons forming this corporation are - follows:
1nas Drake residing = Saint Rsn Mnnssos.
William Dawson, residing Ct Saint Psul Minnesota
ferdinand Wiiifus, residing ct Saint Paul Mime
Soirn 4 Prince. residine At Saint psul, Minnesota
Z Winism Lindeke, residing q Saint Paul, Mime.
Herman orsvs, residing It Saint Paul, Mtnneeots.
Charles 4. Moore, residing ss Saint Paul, Mime
Iraak D. yszvsn, residing 4 Saint Paul. Mime
Wilusm q. Robertson, residing 81 Toqt Smelling,
eixth-Ths names Of the first board Of directors
q ssid corpoYation are - follow: Eias Drake,
Patrick Il Kelly, Conrad 0otzisu, william Davson.
Ferdinand wia1s, John g Prince sod w,i liam !aa-
BLOSSOMS sfe elected and accept cf1oe-
The aovefDment Of The aaid corporation ond ne
management Of IT. affairs, thsH Be vested IN board
b u stoekho1ders on the day Axed By the bylsvs
There eha sso b elected by the board Of directors
annualy: president, Vice president, secretary.
treasurer, aud such other officers as they may de.
terrnine upon. Esch director hereafter elected
shal b stockholder Of said ccsporat on. and hold
o@ce for ono year, and until his successor ID elected
md socepts once. And the taid directors may AL
any vaoapcy for the urextffed term OF any director
q ol8cex Of said corporation.
6eventh-Ths maximum number and amount Of
De shares in the capital stock Of ssd corporation,
shan b forty thousand 10000 shares Of hfty dol
laEs (35O) sach.
In witness whereof, ", the seM incorporation,
bsvs hereunto aA5xed our hands and seals tins
tVeuAy.eeventh day Of May, 4. D. 1854:
ELIAS r. DRAKE, Zeal
=. WILLIU6, Sea-.
WILLIAM DAYTON, Seal
CONRAD GOTHAM, l6esl1
john 8. PHI v0E, l6eal
WN LINDEK&, [eesLJ
HERMAN 6RtvE, I6eel.1
OHAS.A MOORE, Zeal
PRANK HARWEIL, Seal.
WILLIAM q. R0B3BTS0N te0alI
Executed fn preesnce Of
n. '. RUTHERFORD
7. 60DE11D0Ns