St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-03-09
ARTICLE SIXTH.


The names of the persons who shall constitute the
first board of directors of said corporation the
aforesaid L. S. Van Vliet, G. A. Hubbard, Albert
Schefer, T. K Simmons, Jesse McInire and Ansel
Oppenheim,. The officers of said corporation shall
be and consist OF president president, secre
tary and treasurer and the same person may hold
the offices of secretary and treasurer at the same
line.
The government of said corporation and the man.
agement of It's affairs shall be vested in its board of
directors to be composed of six directors including
said offices and its officers who in addition to the
rights, powers and duties of their several and re-.
spective 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, the first
Tuesday in August of each year at the office of the
corporation In said city of Saint Paul. at annual
meeting of the stockholders, to be holden that
day, in each year, at said office, at ten QO o'clock
in the forenoon
The first annual meeting ofastockholders for the
election Of directors shall be holden at ten Q0)
o'clock In the forenoon of the first Tuesday in Aug
ust A.. D., 1885, until which time, and until their
successors are elected and qualified, the directors
hereinbefore named shall hold their Offices and con-
stitute the first board Of directors of said corpora
ton.
Until said first annual meeting of stockholders on
the first Tuesday in August, 1885, and the election
Of directors and until their successors are elected
and qualified the following named persons shall be
the officers OF said corporation, that is to say the
said Jesse McIntire shall be president the said X.
Ansel Oppenheim shall be the secretary and the
treasurer
The directors shall hold annual meetings as soon
practically convenient after said annual meeting
of stockholders for election of directors and that
day, in of an adjournment of such stockhod-
ers meeting then after such meeting on the adjourn
day, for The election of said officers and at such
meeting shall elect from their own number and from
the directors elect said officers of the corporation for
the year them ensuing.
The directors and officers after the first herein
named shall hold their respective offices for one
year next ensuing after their election and until their
successors are elected and qualified.
No person shall be director officer of said
poration who is not q stakeholder therein.
Such general and special meetings of the stock
holders and directors may be called and held, as the
interests and exigencies of the business of he corpo
ration may require, and as may be authorized and
prescribedby the bylaws of the corporation.
The directors shall have power to fill any vacancy
In any of the Offices either OF officers directors at
any special or general meeting Of the directors.
The president in his absence inability to act,
the yice-presdent shall sign the part of the
poraton, all deeds other indentures writings,
whatsoever, conveying, leasing, charging or incum-
bering. in any way affecting the lands, tenemen
heredtaments and real mixed esta and property,
OF any interest therein, the rents profits thereof
belonging TO the corporation, In which It has any
interest and deeds and instruments when signed,
by the president vlce-presiden shall be counter
signed by the secretary, In his absence or inability
TO act by the treasurer as acting secretary and the
seal of the corporation shall be thereto affixed. And
no other officer director, member Of said corpora
ton shall in any sign execute the part of
the corporation. and such deed, indenture writing
And no power of attorney shall In any be
made given the part Of the corporation except
by order of the board of directors naming the grantee
in the power and specifically stating the object of
the power, and the authority conferred frat duly
made and entered Of record.