Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-26
A9TIg.fs o. DETERIORATION
OF THE
San Pau|O Colony.

Know all men by thee e Presents: That we whose
names are hereunto ubs ribed, have agreed to and
do hereby associate ourselves together for the pur
pose OF pee ming 1nco, pof ated under the laws of
the states of NJ nnesota and Florida, end to that end
have adopted ana fisned the following AIt.ce5 of
Incorporation, viz:
The name of this corporation shall be the SAN
PAULO COLONY" The general nature of its
business shall be to purchase, hold, improve. sell
and convey, either with or without improvements,
lands III the State OF Florida to establish colony
upon the lands SO purchase1 to attract actual set
tiers and tourists thither, and to promote rapid set
tiement upon the lands SO purchased.
The principal places of transactinp the business
OF this corporation shall be Saint Paul in Ramsey
county, Minnesota, and San Paulo, in Florida.
This corporation shall commence ON the 18th day
of November, A. D. 1883, and continue for the De
Rod OF ten years thereafter.
The amount Of the capital stock of this corpora
ton shall be twenty five thousand dollars which
snail be divided into five hundred shares of fifty
dollars each, to be paid in full by subscription at
the time of issuing the same. Each share of stock
shall be entitled to vote at all meetings of the
stockholders and upon all questions coming before
them The capital stock may be increased, until it
amounts to fifty thousand dollars. The highest
amount of indebtedness liability TO which this
corporation shall at any time be- subject is twelve
thousand dollars.
In the sale of STOCK actual settlers on the lands
purch by this corporation shall be preferred.
VI
The corporation shall rebate twenty-five dollars
to each settler taking two shares of its capital
stock, and shall also convey to him in fee twenty
acres of land and one town lot without further
consideration, but the corporation reserves the
right to limit tine above rebate and conveyance to
the first thirty settlers applying for the IL
The San Par 10 Colony shall at all times receive
the stock of said corporation in payment, part
payment of the purchase price of any lands sold by
said corporation
The government of this corporation and the man
agement of its affairs shall be vested IN Board of
Directors who shall be stockholders of said corpo-
ration and shall be elected annually by the stock
holders on the second Tuesday in January of each
year, and shall hold their offices until their sue
cessors are elected and qualified. The executive
officers of said corporation shall consist of Presi-
DENT two Vice Presidents, General Manager, Sec
Rotary and Treasurer, who shall be elected by the
Board Of Directors from their number at asy of
their regular meetings. Said officers shall possess
and exercise such powers and perform such duties
as Inc by-IIaWS may prescribe. Inc annual meet
ing of the stockholders shall be held on the second
Tuesday of January in each and every year.
*.
The names and places of residence of the persons
forming this association for incorporation are:
Lucien P. Delong of st. Paul, minnesota HARDWOOD
Iglehart of Annapolis, state of Maryland; Henry
D. Brownell of Sanquoit, Oneida county, New York;
William Gardner of Boston, Massachusetts,; Charles
g. Schellenberger of st. Paul, Minnesota; George
E. belong of st. Paul. Minnesota. The names of
the persons forming the first Board of Directors are
HARDWOOD Iglehart, President
William Gardner, Vice President.
Henry D. Brownel Treasurer.
Iucien P. Delong, General Manager.
Chas. g. Schellenberger, Secretary.
George E. belong, Second Vice President and
General Agent.
In witness whereof, the persons hereinbefore
named as the incorporators, have hereunto sub
scribed their and affixed their seals this third
day of November, A. d. 1888.
LUCIEN p DELHNG, TSeal.1
HARDWOOD IGLEHART, CSeal. /
HENRY ID. BROWNELL, Seal.
WILLIAM GARDNER. TSeal.]
CHAS. G. SCHELLENBERjER, TSeal.
GEORGE E. DEIONq, ISeal.1