Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-07
-Isg!0R; % arIJ,
AatI7itg5 OF iSC;t9;hh tAAf IN
'Ihe St P31l hsaI Estate In
Vssss::lllalis;IIl I.aGlp.aY

We. the rnd. rsigned wing psmed pe-s"ns,
Elias = Drake, Conrad 0otztl:s, VI uari LAWSON
Fe,djpsnd Wi;ls, John &. Prime. VIII III ihndtKe,
Herman. areyo, Cha les A. Moore, frank g. ferwei!
and william c. robertson. have by 'teso atucies Oh
agreement ard incorporation, associated blid 40
hereby associate ourselves foge,ner i9f inc tul ~
of bee mirg coFpOT.tion. Il der aiid accotci'g 10
he provisions CT title two ~, Of chapter tnrty-;o"
(3i) Of he general statutes OF the ota's vi MIL
nesota. -, :,
pirst-Fhe name of the said corporation shall be
"The st Paul Real Estate Investment Company"
and he general nature Of the business OF SAID coz
poration shall be boiidiDg, constructing and manu-
featuring houses, stores, warehouses, fac cries,
elevators and other tenement parts thereof AID
of improving real estate, and Of buying, o~rlng,
selling aud dealing in such rea estate ana OF las =.
renting Othslsl disfcsS OF Same, or any o'nsf
lands tenenents and here6itaments or reel os'ate IN
the city of saint rahl III the county OF Ramsey ana
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
the tenth day of juno, A. d. 1882, and continus 10
the period of thirty (s0) years
Third-The amoEnt Of capital stock Of said corpo-
ration shall be two millions of dollars (S2,N0c),
to be issued in certificates OF stock IN such form aLd
upon such terms and conditions and under sucn
regulations as may be prescribed from time 10 ume
by the bylaws and to be paid in in such 1nstai'-
n1ents or in such manner as may be ordered from
time TO time by the board Of directors unde' such
regulat ons as may be prescribed by In. py-swsi
but 1t shall not be necessary for al OF ssia sroUs 20
u
business or go into operation
Fourth-Ihe Indebtedness Of said corporation
shall never exceed the sum OF nifty Thousand do-
lars, (S50,Oc0) nor shall any Indebtedness pc m
Cured exceeding the means Of said corporation on
hand or bona ide uncoilected subscriptions to the
capital stock subject to call and no mortgage shall
ever be made incumbering the property OF the saio
corporation or any part thereof.
Fifth-The names and places OF residence OF TIE
persons forming this corporation are as follows:
Elias F. Drake, residing at Saint Paul Minneso!a
nnk0 dfu0Q al q,
william Dawson, residing at Saint Paul, Minnesota
Ferdinand Willius, residing at Saint Paul. Minne'
sofa. ,,,,.
william Lindeke, residing at Saint Paul. Minne'
Herman Greve, residing at Saint Paul, Minnesota.
Charles A. Moore, residing at Saint Paul. Minne'
Frank B. Farwell, residing at Saint Paul. Mime
William G. Robertson residing at Fort Smelling,
ai1thMThe names of the first board Of directors
of said corporation are as follows: Elas r DRAKE
Patrick B. Kelly, Conrad 0otziaD, William Dawson'
Ferdinand Wiiliua, John 8. Prince and william LID
deke They shall continue In Office until their sue
cessors are elected and sccept Office.
The government Of the said corporation and the
management Of Its affairs shall be vested IN Doaro
Of seven 20 directors. who shall be elected annually
by the stockholders, the day nxed by the bylaws
There shall also be elected by the board OF directors
annually: president svice president, secretary
tIo89uI8fs
ternine upon Each director hereafter elected
shall be stakeholder Of said corporation, ana noo
Office for one year, and until his successor s electe1
and accepts Office. And the said directors may nll
any vacancy for the unexpired term OF any director
or officer of said corporation.
geventh-The maximum number and amount OF
the shares in the capital stock Of said corporation
shan be forty thousand co. 00) shares OF fifty dol
lars (S50) each.
have hereuuto affixed our hands and seals THU
Has, - AYaO
'"'A'' ELIAS r. DRAKE, [seall
r. WILLIUS, lSeal.]
WILLIAM DAWSON, Seal
CONRAD GOTHAM, Seal
JOHN 8. PRINCE, Seal
VIM LINDEKE, Seal
HERMAN GREVE, Seal
OHAS. A. MOORE, tSeal.l
FRANK B. FAREWELL, Seal.
WILLIAM G.. ROBERTSON lSeal.)
Executed In presence 0 ,
a. v. RUTHERFORD,
n. ROBERTSON.