Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-09
INCORPORATION.
ARTICLES OF Incorporation
The St. Paul Real Estate In
Vestmelt Company
Incorporation

We, the undersigned following named persons,
Elias r Drake. Conrad 0otsian, William Dswson,
Ferdinand Whine, John B. Prince, Wii,m Lindeke,
Herman Greve Charles A. Moore. Frank B. f.fweil
and William G.. Robertson have by these articles OF
agreement and incorporation, associated ana 40
hereby associate Ourselves together for the purpose
Of beconing 8 Corporation, under and according to
the provisions Of title two az Of chapter
(a4), OF the general statutes OF the State OF NM
Fir.t-The name Of the said corporation shall be
ssThe st. Paul Real Estate Investment Company"
and the general nature Of the business OF said oor-
porstion shall be building, constructing and manu-
eieystors ana other tenamcnts OF parts thereof add
Of improving real estate. and OF buying, owning
selling and dealing in such real estate, and OF leosirg
renting or otherwise disposing OF same, or any other
lands tenements and hereditaWents real estate In
the city Of Saint Paul. In the ceunty Of Ramsey and
State Of Minnesota. The principal place Of trans.
acting said business shsn 30 the said city Of Saint
Paul. r,-9
Second The said corporation shall commence
the tenth day Of June, 4. d. 1882, and continue 70
tho period Of thirty (S0) years
Third-The amoknt Of capital stock OF said corpo-
radon shall be two millions Of dollars ($20Co000
to DO issued in certificates Of stock IN such form ard
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 o. may be ordered from
time TO time by the board Of directors, under such
regulations - may be prescribed by the bylaws;
put shall not 30 ior al q sa'a %
business or 60 into operation.
FourthLThe Indebtedness OF said corporation
shall never exceed the sum Of fifty thousand dol
cured exceeding the means Of said corporation on
hand, or bona hde unoolected subscriptions to the
capital stock subject to call: and no mortgage shall
over be hyde inonmberins the property OF the said
FHth-The names and places OF residence OF the
persons forming this corporation are g. follows:
Elias r. Drake, residing Ut Saint Paul, Minnesota.
~. A1~<v a. 6mfS DnynI Ifvpy,Ad
William Dawson, residing ct Saint Paul, Minnesota.
Ferdinand Wilius, residing ct Saint Paul, Mime
sofa.
Herman 0reve, residing ct Saint Paul, Minnesota.
Charles A. Moore, residing ct Saint Paul, Mime
Frank B. Farwsn, residing 1t Saint Paul. Mnne-
william g. Robertson, residing 1t Fort Smelling,
GixthLThe names Of the frss board Of directors
OF said corporation are follows: Elias +. Drake,
Patrick d. Kelly, Conrad Gotzian, William Dawson.
Ferdinand Wiiliua, John 8. 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 it, affairs shall be vested In board
Of @ Who sas % s s0
There aha also be elected by the board Of directors
annually: A PRESIDENT vice president, secretary
treasurer, and such other ondcers as they may de.
termine upon . Each director hereafter elected
shsl be stockholder Of said corporation. and hold
ONCE for one year, and until his successor is electsd
and accepts Office. And the said directors may MI
Any vacancy for the unexpred term Of any director
or ofacer Of said corporation.
6eventh-The maximum number and amount Of
the shares In the capital stock Of said corporation,
shan be forty thousand 10000 shares Of nifty dol
lars (t50) each.
In witness whereof, We, the said incorporators,
have hercunto afaxed our hands and seals this
tWeuty.seventh day Of May, A. d. 1881:
ELIAS r. DRAKE, Seal
r. WILLIU9, Seal.
WILLIAM DAWSON, lSe&.]
OONRRAD GOTHAM, l6eal.1
JOHN 8. PRINCE, I6eal.
WIN LNDEKE, [SeaLJ
HERMAN GREvE, fseal1
CHAS. A. MOORE, Sea-.
FRANK B. FARWELL, tSeEl.1
WILLIAM q. RoBERT60N I6eal.1
Executed In presence Of
n. v. RUTHERToHD,
II. RoBERIsoN.