Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-05
INCORPORATION.
INCORPORATION.
ARTICLES OF INCORPORATION
The St. Paul Real Estate In
Vestnglt Company. >

We, the undersigned following named persons,
Elias F. Drake, Conrad Gotzian, william Dawson,
Ferdinand Wllius John 8. Prince Will m LDdeke,
Herman Greve, Charles A. Moore. Frank q. Farwei
ana william g. Robertson. have by these articles OF
agreement and Incorporation, associated snd do
hereby associate ourselves together for the purpose
of becoming corporation, under and according to
the provisions of title two 2 Of chapter thrty-four
gay, Of the general statutes OF the State OF Min
uesota.
First-The name of the said corporation shall be
"The st. Paul Real Estate Investment Company"
and the general nature Of the business Of said
poraton shall be building, constructing and manu-
featuring houses, stores, warehouses, facories,
of improving real estate, and Of buying, owning,
selling and dealing In such real estate and OF least g.
renting otherwise disposng Of same or any other
lands tenements and hereditauent. or real estate In
the city of Saint Paul. In the county OF Ramsey and
state Of Minnesota. The principal place OF trans.
acting said business shal be the said city Of Saint
Paul.
Second The said corporation shall commence on
the tenth day of June, A d. 1892, and continue for
the period Of thirty (sO) years
Third-Tbe amonnt Of capital stock OF said corpo-
ration shall be two millions Of dollars (S2,O0O O00)
to be issued In certificates Of stock such form and
upon such terms and conditions and under such
regulations may be prescribed from time to time
by the bylaws and to be paid In in such install
ments or In such manner as may be ordered from
time to time by the board of directors, under such
regulat ons as may be prescribed by tn, bylaws;
but it shall not be necessary for all Of said stock to
be subscribed to enable said corporation to transact
business or go into operation.
Fourth-The indebtedness Of said corporation
shall never exceed the eum Of fifty thousand dol
lars, ($50,of0) nor shall any indebtedness be in
Cured exceeding the means Of sail corporation on
hand or bona fde uncoIlected subscriptions to the
capital stock subject to call and mortgage shall
ever be made incumbering the property Of the said
corporation or any Part thereof.
Fifth The names and places Of residence Of the
persons forming this corporation are Ga follows:
Elias F. Drake, residing at Saint Paul, Minnesota.
Conrad Gotzisn, residing at Saint Paul, Minnesota.
William Dawson, residing at Saint Paul, Minnesota.
Ferdinand Willius, residing at Saint Paul. Minne-
sofa.
John. Prince. residing at Saint Paul, Minnesots.
William Lndeke, residing at Saint Paul. Mime
so q.
Herman Greve, residing at Saint Paul. Minnesota.
Charles A. Moore, residing ct Saint Paul, Minne.
sofa.
Frank B. Farwell, residing at Saint Paul Mime
Gotta
william G. Robertson, residing at Fort Smelling.
Minnesota.
sixth-lhe names of the a. st board of directors
# sid corporation are as follows: ) las e Drake,
Patrick II Kelly, Conrad Gotzisn, William Dawson,
Ferdinand Williua, John 8. Prince aud William Hu-
deke. They shall continue in Office until their sue
cessors are elected and accept ofhce
The government Of the said corporation and the
management Of its affairs, hail be vested In board
of seven ~ directors, who shall be elected annually
by the stockholders on the day nxed by the bylaws.
annually: president, avice president secretary,
treasurer end such other officers "a they may de-
termine upon. Each director hereafter elected
.hsl be stakeholder of said corporat on and hold
Office for year. and until his ssor ia elected
and accepts Office. And the said directors may I'LL
any Vacancy for the unextred 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 5000 shares of fifty dol
lars $3.50 each.
In witness whereof, we the said incorporators,
have hereunto affixed our hands and seals this
twenty-sevepth day Of May, A. D. 1882:
ELIAS F. DRAKE, [seal3
r. WILLIUS, Seal.
WILLIAM DAWSON, [Seal1
CONRAD GOTHAM, CSeal1
JOHN 8. PRINCE, [Sesl
WM LINDEKE, [6eal1
HERMAN GREVE, lSeA.1
OHAS. MOORE, [Seal
FRANK FARWELL, lSeA.1
WILLIAM G.. ROBERTs0N fSeal.1
Executed In presence CT
H. V. RUTHERFORD,
NJ. RoBERTsoN.