St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-03-15
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 McIn ire and Anse
Oppenheim,. The officers of said corporation shall
be and consist OF president yice-presiden secre-
tary, and treasurer and the same person may hold
the offices of secretary and treasurer at the same
time.
The government of said corporation and the man
agement of its affairs shall be vested In its board of
directors to be composed of six directors including
said officers 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 on that
day, in each year, at said office, at ten 0) o'clock
in the forenoon.
The first annual meeting of stockholders for the
election of directors shall be holden at ten (10)
o'clock In the forenoon of the first Tuesday in Aug
ust. A.. d. 1885, until which time, and until their
successors elected and qualified, the directors
hereinbefore named shall hold their Offices and
stiute 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 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
Simmons shall be the vice-presdent, and the said
Ansel 0ppenheim shall be the secretary and the
treasurer.
The directors shall hold annual meetings soon
as practically convenient after said annual meeting
of stockholders for election of directors and that
day, or In Of an adjournment Of such stockhold
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 then next 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 cor
poration, who is not stakeholder therein
Sucn general and special meetings of the stock
holders and directors, may be called and held the
interests and exigencies of the business Of he corpo
ration may require, and as may be authorized and
prescribed by 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 vice president shall sign the part OF the
poration, all deeds other indentures writings,
whatsoever, conveying, leasing, charging or incum-
bering. in any way affecting the lands, tenenen
hereditaments and real mixed esta and property,
any interest therein, the rents profits thereof
belonging to the corporation, In which 1t has any
interest and deeds and instruments when so signed,
by the president Vice president shall be
signed by the secretary, in his absence or inability
to act, by the acting secretary, and the
seal Of the corporation shall be thereto affixed. And
other officer director, member OF said corpora
ton shall in any case sign or execute on the part of
the corporation, any such deed, indenture writing.
And no power OF attorney shall I'm any be
made given on 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 fret duly
made and entered Of record.