Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-05
ARTICLE SIXTH,

The names OF the persons who shall constitute
the first Board of Directors of said corporation
are the aforesaid Patrick H. Kelly, Alfred Du-
irene, Alexander Barclay, Rodney c. 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 meeting of the stockholders,
converting at ten (10) o'clock III the forenoon,
and the first annual meeting of stockholders for
the election of Directors shall be at ten
(10) 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
hereinbefere named shall hold their offices of
Directors, and shall constitute the Board of Di-
rectors of said corporation.
The Directors, elected as 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, for
the election of said officers of the corpora
ton, and at such meeting of the Directors, shall
choose and elect from their own number, and
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 of
officers the first Monday in
January. A. D. 1884, and until their
respective successors are elected and qualified,
the said Patrick H. Kelly shall be the President,
the said Alfred Dufrene the Vice President, the
said Alexander Barclay the Secretary, and the
said Rodney G. Gooding the Treasurer of said
corporation.
The Directors shall have power to fill vacancies
in any of the Offices of the corporation herein
provided, also to fill vacancies in the Offices of
Directors, at any special or general meeting of
the Directors.
No person shall be Director or officer of said
corporation who is not a stakeholder therein.
Such special and general meetings of the Di-
rectors, and of the stockholders, may be called
and held as the interests ard exigencles of the
business may require, and as the same be au-
thorized and prescribed by the bylaws of the
corporation.
ARTICLE SEVENTH.
The capital stock OF sad corporation shall be
divided into Ten Thousand Shares of Fifty
Dollars each.
Provided, that in the event of the increase of
said capital stock as hereinbefore provided, the
number of shares in that case may be increased
proportionately and to correspond with such in
creased capital stock, but in no case to exceed
Twenty Thousand Shares.
In witness whereof, we, the persons hereinbe
fore named as incorporators, have hereunto sub
he'd off O11rG aalG each for
himself, this 18th day of December, A. D. 1882.
In presence of
JAMES DORIAN,
THOMAS BARCLAY.