Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-25
ARTICLES OF INCORPORATION
OF THE
San PauIo Colony.

Know all men by these Presents: That We whose
9anes are nereunto subscribed have agreed to and
10 hereby assoclate ourselves together for the pur
pose or becoming Incorporated under the laws of
the states of Minnesota and Florida and to tbatend
have adopted and signed the following Articles of
Incorporation viz: w.
The name of this corporation shall be the .ssAN
PAULO COLONY" The general nature Of it's
business shall be to purchase, hold, improve sell
and convey, either with or without improvements
lands in the State of Florida to establish a COLONY
upon the lands SO purchased to attract actual set
tiers and tourists htther, and to promote rapid set
tement upon the lands purchased.
The principal places of transacting 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 pc
rlod of ten years thereafter.
. The amount of the capital stock OF this corpora
ton shall be twenty-fiy thousand dollars which
sua!l De divided INTO five hundred shares of fifty
dollars each, to be paid in full by sbscriDtion nj
tle Gne OF issuing the same. Each share of stock
snail 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
ainOuDtS 10 nttg Thousand dollars. The HIGHEST
amount OF Indebtedness or liability TO which this
corporation. shall at any time bs subject is twelve
thousand dollars.
In the sale OF stock, actual settlers on the lands
purchased by this corporate on shall be preferred
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 the above rebate and conveyance to
the hrst thirty settlers applying for the same. -
The San PAT 10 Colony shall at all times receive
the stock of said corporation in payment or mart
payment of the purchase priceof any Iants sold by
said corporation.
VIII.
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 corno
ration and shall be elected annually bv 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
ofhcers OF said corporation shall consist of Presi
dent, two Vice Presidents, General Manager Sec
rotary and treasurer VINO shall be elected by the
Board or Directors from their number at aay of
their regular meetings. Said officers shall possess
and exercise such powers and perform such duties
ing OF the stockholders shall be held on the second
Tuesday of January in each and every year.
X.
The names and places of residence of the persons
forming this association for incorporation are:
Lucen P. belong of st. Paul, Minnesota; HARDWOOD
1glehart 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. Delong of st. Faul Minnesota. Tho names of
persons forming the first Boar! of Directors are
Harwood Iglehart, President
William Gardner, Vice President.
Henry D. Brownell Treasurer
Iucen p. Delong, General Manager
Chas G. Schellenberger, Secretary
George i. belong, Second Vice President and
General Agent.
In witness whereof, the persons hereinbc .,>-.,
named as the incorporators, have herer +n I'M,
scribed their names and aft Eed their seS - sIi
day Of November, A. d. 1888. 10 ''- Oil
LUCIEN P DEL - fcao11
HAYWOOD Ic~1 .EHARr, tseal
HENRY D. BR9WNEII, Seal
WILLIAM G ..RDNER. Seal
CHAS. G. So JHELLENBER3ER, seal.
GEORGE j. DELONG. fiscal.
STATE p OF MN nssorA, County OF }ss
On this lot ,o- 81 ,-,,.o,,,l,o, A =, 1852 came