Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-05-31
INCORPORATION.
ARTICLES OF INCORPORATION
The St. Paul Real Estate In.
VeStment Company

We, the undersigned following named persons
Elias +. Drake, Conrad 0otzian, William Dawson,
Ferdinand willius, John 8. Prince william Lindeke
Herman Greve, Charles A. Moore, Frank B. Farwei
and William g. Robertson, have by these articles OF
agreement and incorporation, associated and do
hereby associate ourselves together for the purpose
of becoming corporation, under and according to
the provisions of title two a. of chapter thrty-fou
(SE of the general statutes Of the State Of Min
nesOta.
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
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 leasing
renting or otherwise dlsposing of same any other
lands. tenements. hereditaWents 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 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
the period Of thirty (S0) years
Third-The amoNnt of capital stock of said corpo-
ration shall be millions of dollars 0O0),
to be issued in certificates of stock in 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
ments or In such manner as may be ordered from
time to time by the board of directors, under such
regulations as may be prescribed by tn, bylaws;
but 1t 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 sum Of fifty thousand dol
lars, ($50,000) nor shall any Indebtedness sbe In
Cured exceeding the means Of said corporation on
hand, or bona de uncollected subscriptions to the
capital stock subject to calls and no mortgage shall
ever be made incumbering the property Of the said
corporation or any part thereof.
Fffth-The names and places of residence of the
persons forming this corporation are as follows:
Elias F. Drake, residing at Saint Paul, Minnesota.
Conrad GOtZjaO. residing at faint Paul Minnesota.
William Dawson, residing at Saint Paul. Minnesota
Ferdinand Willius, residing at Saint Paul, Mime
sofa.
John. Prince. residing at Saint Paul, Minnesota.
William Lindeke, residing at Saint Paul, Minno.
sofa.
Herman Greve, residing at Saint Paul, Minnesota
Charles A. Moore, residing at Saint Paul, Mime.
Frank B. Farwell, residing at Saint Paul. Mime
sofa.
william g. Robertson, residing at Fort Smelling,
Minnesota.
Sixth-The names of the first board of directors
Of said corporation are as follows: Elias F. Drake,
Patrick 81. Kelly, Conrad Gotzian, William Dawson.
Ferdinand Willius, John 8. Prince and William Lin
cessors are elected and accept Office.
The government of the said corporation and the
management of its AFFAIRS ehall be vested In board
of seven O directors, who shall be elected annually
by the stockholders, on the day fixed by the bylaws.
There shall also be elected by the board of directors
annually: president q vice PRESIDENT secretary,
u tr6aEurer, ana Bucu Otn6r Objects ab U0-
termine upon. Each director hereafter elected
shall be stakeholder of said corporation, and hold
Office for year, and until his successor is elected
and accepts Office. And the said directors may fill
any vacancy for the unexpired term of any director
or officer of said corporation.
Seventh-The maximum number aud amount Of
the shares in the capital stock Of said corporation,
shall be forty thousand 10000 shares Of fifty dol
lars $3.50 each.
In witness whereof, we, the said incorporators,
have hereunto affixed our hands and seals this
REIMBURSEMENT day Of May, A. D. 1882:
ELIAS F. DRAKE, [seal
F. WILLIUS, Seal.
WILLIAM DAWSON, [Seal.]
CONRAD GOTHAM, [Seal.1
JOHN 8. PRINCE, [Seal.1
VIM. LINDEKE, [SeaL1
HERMAN GREVE, [Seal.]
CHAS. A. MOORE, fSeal.
FRANK B. FkRWEEJ, Seal
WILLIAM G. ROBERTSON, tSeal.1
Executed in presence Of
H. v. RUTHERFORD,
M, ROBERTSON.