St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-10-16
ARTICLES OF INCORPORATION.
ARTICLES OF INCORPORATION
OF THE
ERASER MANUFACTURING COMPANY.

Is. o. ALL MEN BY THESE PRESENTS:
That We, the undersigned do hereby associate to-
gether and for the purpose of forming corporation,
under and pursuant to the provision OF Title two (
OF Chapter thirty -four (SD of the General Statutes
OF Minnesota and the several acts amendatory there
or do hereby enter into and adopt the following
ticles OF incorporation, towit
ARTICLE I.
The name of this Incorporation by US so formed
shall be the ERASER MANUFACTURING COMPANY.
ARTICLE II.
The general nature of the business of this
ton shall consist in the manufacture and sale of a
certain invention known the Richie Slate Eraser
and Drier the buying selling and exchanging of any
and all tin, copper BRASS zinc and any other metals
together with all cloth, leather and other material
which may be necessary to the manufacture of said
inventions the sale of the right to manufacture and
SELL and Of the right to SELL saidinvention in various
sections and in the several states of the United
States; the buying, selling, leasing occupying and
erecting of all needful offices, workshops store
houses and tenements for the use Of said company
and its employees.
ARTICLE III.
The principal place of business of said corporation
shall be the city Of Minneapolis, state of Minnesota
ARTICLE ".
The time OF commencement of this corporation
shall be the twentyeighth day OF October, 1884, nd
the duration thereof thirty years.
ARTICLE v
The amount of capital stock of this corporation
shall be twenty thousand dollars to be all paid in at
the time Of commencement of this corporation,
ARTICLE VI
The highest amount of Indebtedness or liability
which this corporation shall at any time incur shall
not exceed the sum of five thousand dollars.
ARTICLE VII.
The names and places of residence of the incorpo-
rators hereof, are as follows to-wit; Samuel ".
Richie Daniel Jones, W. Il. Morrison and A c. Cobb
all of Minneapolis, in the county of Hennepin and
state of Minnesota, and Benjamin T. Hathaway; of
Northfeld in the county of Rice and state of Min
nesota.
ARTICLE VIII.
The management and affairs of this corporation
shall be vested in board of five directors and the
following officers, each Of whom shall be a stock
holder, viz: president vice president secretary
and treasurer The directors shall be elected the
annual meeting Of the stockholders which shall be
held on the fourth Tuesday Of October in each year.
and the officers shall be elected by the directors at
their next meeting thereafter. The officers and d.
rectors shall continue TO such until their
cessors elected and qualified. The first board of
directors shall be Samuel W. Richie, Daniel Jones'
W. Z. Morrison, A. c. Cobb, and Benjamin T. Hath
away.
ARTICLE TX.
The number of shares of the capital stock of this
corporation snail be TWO hundred, and each share
shall be of the par value Of one hundred dollars.
In witness whereof, we have hereunto set our
hands and affixed seals this 14th day of October
A ID. 1884.
SAML W. RITCHIE, lseal.l
DANIEL JONES, tseal.l
W. Z. MORRISON, [seal.l
A. c. COBB, [seal.l
BENJAMIN T. HATHAWAY, [seal.l
In the presence Of
n. L. FRoTHINGHAM
JOSEPH E BADGER.