Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-02
INCORPORATION.
INCORPORATION.
ARTICLES OF INCORPORATION
THE St. Paul Real Estate In
Vestmelt Company

We, the undersigned following named persons,
Elias F. Drake, Conrad GotEaD, william Dawson,
Ferdinand williul John 8. Prince, William Ltndeke,
and william g. Robertson. have by these articles of
agreement and incorporation. associated and do
hereby associate ourselves together Tor the purpose
the provisions Of title two 9 Of chapter thirtyfour
(3,) Of the general statutes OF the State OF MID
nesota.
1.-THE st Paul Real Estate Investment Company"
and The general nature Of the business OF said cor
poraion shall be building, constructing and manu-
featuring uses, stores, warehouse, rae ories,
elevators and other tenement or parts thereon, ana
of improving real estate, and Of buying, owning,
selling and dealing in such real estate. and OF least g.
rentiug or otherwise dispoeng Of same or any other
lsuds tenements, heredita usnt' or real estate In
the city Of faint Paul. in the cennty OF Rsmsev and
state Of Minnesota. The principal place OF trans.
acting said business shall be the said city OF Saint
Paul
the tenth day of June, A D. 1852, and continue for
tue period of thirty {, 10y years
Tbi d-Tbe amo Int Of capi'al stock OF sstd corpc-
ration shall be Two millions of liars (S2.W0,OO }.
to be In certificates Of stock ID such form and
up Il gu. terms aud conditions and uuder such
regulations may be press rlbed from time to time
ny the hy-as and to be paid In in such INSTALL
NETS or in such ma nor as may be orde ed from
ume 10 time By the board of dir ctors, unce sucn
regulst may be prescribed by IN, by-ews;
but it sh all mo- be necessary for OF said stock to
busin. 60 into operation
Fourth-ihe indebttduess Of said corporation
shall never exceed The rum Of fifty thousand dol
lars, (s5,O o. nor shall any Indebtedness be In
Cured exceeding the means Of sail corporation on
hand. or bona hde uncoil cted subscriptions 10 the
capital stock subject to cal and no mortgage shall
be Insde incumbertnR the properly OF the SAID
CORPORATION or any part thereof.
Fifth The names and places Of residence OF the
persons forming this corporation are as follows:
Elias F. Drske, residing at Saint Paul, Minnesota.
No rod q a Minnesota.
william Dawson residing at Saint Paul, Minnesota
Fe, dinand Wihius, residing at Saint Paul. Mime
John. Prince. residing at Saint Paul, Minnpsots.
william Lindeke, residing at SaiOt Paul, Mime
Herman areve, residing at Saint Paul. Minnesota.
Charles A Moore, reading ct Saint Paul. MINNIE
Frank B. Tarwell, residing at Saint Paul. Mime
sofa
william G. Robertson, residing at Fort Smelling,
sixth~The names Of the arst board Of directors
of id corporation follows: las z. Drake,
Patrick a. Kelly. Conrad ootzsn, william DAWSON
deke. They shall continue In ofice until their sue
cessors are elected and accept office
The government Of the said corporation ana the
MANAGEMENT of its affairs, hall be vested in board
Of seven () directors who shall be elected annually
by the stockholders tho day nxed by the bylaws
There email also be elected by the board OF directors
annually: president, vice president, secretary.
treasurer and such other officers as they may de-
termine upon. Each director hereafter elected
shall be stakeholder of said corporat ON, and hold
Office for one year. and until his SUCCESSOR is elected
aud accepts Office. And the said directors may MI
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 S00O) shares Of fifty dol
lars ($5O) each.
have hereunto affixed our hands and seals this
twenty seventh day Of May, A. D. 1882:
ELIAS r. DRAKE, [sesl1
F. WILLIUS, Seal
WILLIAM DAWSON, lSeal
CONRRAD GOTHAM, [6eal.l
JOHN g. PRINCE, lSesl
WIN LINDEKE. [Seal
herman GRsvE, Seal.
CHAS.A MOORE, Seal
FRANK FARWGLt, Seal.
WILLIAM G.. ROBERTSON [6el.J
Executed In presence of
Fl. v. RUTHERFORD,
II. RoHRRrsoN.