Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-05-30
INCORPORATION.
ARTICLES OF INCORPORATION
The 81. Pail Real Estate In.
VeSInelt Company"

We, the undersigned following named persons
Elias Z Drake, Conrad 6otzian, william Dawson
Ferdinand Wilius, John 8. Prince, William Lindeke
Herman Greve, Charles A. Moore, Frank B, Fsrwei
and William G. Robertson have by these articles o.
agreement and incorporation, associated and d.
hereby associate ourselves together for the purpose
OF becoming corporation, under and according t.
the provisions of title two 2, of chapter thiryfou
tSl), of the general statutes of the State of Min
nesota.
First-The name of the said corporation shall b.
The St Paul Real Estate Investment Company,
and the general nature of the business of said cor
poration shall be building, constructing and manu-
featuring houses, stores, warehouses, factories
elevators and other tenements parts thereof and
of improving real estate. and of buying, owning
selling and dealing in such real estate and of leash
renting or otherwise disposng of same, any Other
lands. tenements heredtamen or real estate liz
the city OF Saint Paul. in the county of Ramsey and
State OF Minnesota. The principal place of trans
acting said business shall be the said city of Saint
Paul.
Second The said corporation shall commence on
The tenth day of June, A D. 1882 and continue for
tee period of thirty (30) years
Ihi.d-The amount of capital stock of said corpo-
ration shall be Two millions of dollars (S2,OGO O00)
to be Issued III certificates of stock such form and
upon such terms and conditions and under such
regulations as may be prescribed from time to time
by the bylaws, and to be paid in in such INSTALL
meBts or in such manner as may be ordered from
time to time by the board Of directors, undec such
regulat ons as may be prescribed by tn, bylaws
be subscribed to enable said corporai1n 10 transact
business or go into operation
Fourth-Ths Indebtedness of said corporation
snail never exceed The Gum of fifty thousand dol
lars, (S5',0C0) nor shall any indebtedness be in
Cured exceeding the means Of said corporation on
hand, or bona fde uncoliected subscriptions to the
capital stock subject to call and no mortgage shall
ever be made incumbering the property of the said
corporation or any Fart thereof.
Fifth The names and places of residence of the
persons forming this corporation as follows:
Elias +. Drake, residing at Saint Paul. Minnesota.
Conrad Gozian, residing at Faint Paul, Minnesota.
William Dawson, residing at Saint Paul. Miunesota
ferdinand Willius, residing at Saint Paul, Mime
sofa.
John. Priace, residing at Saint Paul, Minnesota.
William Lindeke, residing at Saint Paul, Mime.
SO a.
Herman Greve, residing at Saint Paul, Minnesota
Charles Moore, residing at Saint Paul, Mime
sofa.
Frank 3. Farwell, residing at Saint Paul, Mime.
sofa.
William G. Robertson, residing at Fort Sne ling,
Minnesota.
sixth-1he names of the fist board of directors
of said corporation follows: Hlias F. Drake,
Patrick II Kelly, Conrad Gotziau, William Dawson.
Ferdinand Willius, John s. Prince and William Lin
deke They shall continue In Office until their sue
cessors are elected and accept Office
The government of the said corporation and the
management of its affairs shall be vested in board
OF seven O directors. who shall be elected annually
by the stockholders, the day fixed by the bylaws.
There shall also be elected by the board of directors
annually: A president, avce president secretary,
treasurer and such other officers as they may de-
termine upon. Each director hereafter elected
shall be stakeholder of said corporal on and hold
office for year, and until his successor is elected
and accepts office. And the sad directors may fill
any vacancy for the unexpired term of any director
or officer OF said corporation.
Seventh-The maximum number and amount Of
the shares in the capital stock of said corporation
shall be forty thousand 100000 shares of fifty dol
lars (S50) each.
In witness whereof, we, the said incorporators,
have hereunto affixed our hands and seals this
twenty-seventh day of May, A. D. 1882:
ELIAS F. DRAKE, [sea
F. WILLIUS, Seal.
WILLIAM DAWSON, [Seal.1
CONRAD GOTHAM, fSeal1
JOHN 8. PRINCE, [Seal
VIM LINDEKE, ISeaL1
HERMAN GREVE, [Sea1
OHAS. A MOORE, [Seal
FRANK B FARWELC, TSeal /
WILLIAM G. ROBERTSON, fSeal1
Executed In presence of
n. v. RUTHERFORD,
NJ. ROBERTSON.