Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-06
A RT1CLEs OF INCORPORATION OF THE
"A P. II. KELLY MERCANTILE COMPANY.

agreed to associate, and do hereby associate our
selves together for the purpose of incorporation
| and of being created and constituted corpora
ton under and by virtue of the laws and statutes
of the State of Minnesota; and to that end snC
for that purpose have adopted and do hereby
adopt and sign the following Articles of Incor
poration:
ARTICLE FIRST.
The name Of said corporation shall be: P
II. Kelly Mercantile Company.
The general nature of the business of said cor
poration shall be the carrying on of a wholesale
grocery business; to buy, sell, barter and deal in
groceries, provisions, and all other goods, wares
merchandise, and property dealt in, or belong
ing, or pertaining to general grocery business;
the importation of goods and merchandise in the
line of such business and the manufacture of
spices.
The principal place OF transacting the bust
ness of said corporation shall be at the city of
Saint Paul, in the county of Ramsey and State
of Minnesota, where its principal Office shall be
kept.
ARTICLE SECOND.
The corporation shall commence on the tenth
(10th) day of January, A. D. 1883, and continue
until the first (lst) day of January, A. D. 1890,
when it ehall terminate and cease.
ARTICLE THIRD.
The amount of the capital stock of said cor
poration at its commencement shall be, and ex-
cept as herein next provided, shall continue and
remain Five Hundred Thousand Dollars, and
the same shall be fully paid up, at its par value,
at the commencement OF the business of the cor
poration, in money, its full equivalent, as de-
termined by the Board Of Directors.
Provided, however, that the capital stock OF
said corporation may be increased at any time,
or from time to time to an amount not exceed
ing In the aggregate One Million Dollars, as su-
thority therefor may exist in the laws OF said
State, and under and pursuant to such rules and
regulations as may be prescribed and adopted by
the stockholders, representing a majority of
stock, at any special OF general stockholders
meeting.
No stock, nor any certificate Of stock, shall at
any time be issued until the full par value there
otshss been actually paid in.
ARTICLE FOURTH.
The highest amount of Indebtedness, or liza
biiity to which ssd corporation shall at any time
be liable, shall be the sum of Five Hundred
Thousand Dollars.
Providing and excepting, that In the event of
the said increase Of said capital stock, proper
tionate and corresponding increase in said indebt-
edness and liability of said corporation may be
made and incurred, but In no case to exceed the
full paid capital stock, nor the sum of One Mill
ion Dollars In the aggregate.
ARTICLE FIFTH.
The names and places Of residence of the per-
sons forming this association for incorporation
are as follows:
Patrick a. Kelly, residing at Saint Paul, Min
nesota.
Alfred Dufrene, residing at Saint Paul, Min
nesots.
Alexander Barclay, residing at Saint Paul, Min
nesota.
Rodney C. Gooding, residing at Saint Paul,
Minnesota.
Warren Granger, residing at Saint Paul, Min
nesota.
Jason W. Cooper, residing at Saint Paul, Min
nesota.
Jerome Plat, residing at Saint Paul, Min
neeota.
ARTICLE SIXTH.
The names Of the persons who shall constitute
the first Board of Directors Of said corporation
are the aforesaid Patrick 81. Kelly, Alfred Du-
irene, Alexander Barclay, Rodney G. Gooding,
Warren Granger, jason W. Cooper and jerome
Plat.
The officers of said corporation shall be and
consist of President, Vice President, Secretary
and Treasurer.
The government Of said corporation and the
management Of its affairs shall be vested In Its
officers and its Board of Directors to be formed
and consist Of seven Directors, including said of
ficers who in addition to the rights, powers and
duties of their other and respective offices, shall
have and exercise all the rights, powers and
duties of Directors.
The Directors, after the first herein named,
shall be elected annually by the stockholders on
the first Monday In January of each year, at the
Office of the corporation in said city of Saint
Paul. at an annual meeGng of the stockholders,
converting at ten (10J O'Clock in the forenoon,
and the first annual meeting OF stockholders Tor
the election of Directors shall be at ten
(I0) o'clock in the forenoon of the first Monday
in January. A. D. 1884, at said Office of the cor
poration, to which time, and until their success
sors are elected and qualified, the Directors
hereinbefore named shall hold their offices OF
Directors and shall constitute the Board OF d.
rectors of said corporation. :.
The Directors, elected rs above provided, shall
meet annually at said Office of the corporation,
on the day of their election, and on the adjourn
ment of said annual stockholders meeting and
as soon thereafter on that day,
as practicable and convenient. fol
the election of said officers of the corpora
ton, and at such meeting of the Directors, shall
choose and elect from their own number, ano
from the Directors elect, said officers of the cor
poration for the ensuing year.
That until such annual election and meeting
of the Directors for the election o
4 OtQcerS Oh Ln0 uTot IuOuudy ~
January. A. D. 1884, and until thei
respective successors are elected and qualified
the said Patrick b. Kelly shall be the President
the said Alfred Dufrene the Vice President, thu
said Alexander Barclay the Secretary, and tn
said Rodney C. Gooding the Treasurer OF sait
corporation.
The Directors shall have power to fill vscancie
in any of the Offices of the corporation herell
provided, also to fill vacancies in the offices o
Directors, at any special or general meeting o
the Directors.
/ No person shall be Director or officer of sal
CORPORATION who is not a stakeholder therein.
Such special and general meetings of the Di
rectors, and of the stockholders, may be calle
and held as the interests and exigencles of tn
4 business may require, and as the same be au
thorized and prescribed by the bylaws of tn
corporation.
1 ARTICLE SEVENTH.
4 yrvL- II - CHI