St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-03-11
ARTICLE s XTH.

The names of the persons who shall constitute the
first board of directors of said corporation are the
aforesaid L. s. Van Vliet, G. A. Hubbard, Alber'
Scheffer, 7. K. Simmons, Jesse McIn ire and Ansel
Oppenheim. The officers of said corporation shall
be and consist Of president vicepresidenr, secre-
Tary, and treasurer, and the same person may hold
the offices OF secretary and treasurer the same
t line.
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
specive 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 ockholders, on The frs
Tuesday in August of each year at The office of the
corporation. in said city of saint Paul. at annual
meeting of the stockholders, 10 be holden on that
day, in each year, at said Office, at ten Q0) o'clock
in the forenoon.
The first annual meeting of stockholders for the
election of directors shall be holden at ten Q0)
o'clock in the forenoon of the first Tuesday in Aug
ust. D., 1885, until which time, and until theiI
successors are elected and qualified, the directors
hereinbefore named shall hold their Offices, and
stitute the first board Of directors of said corpora
tion.
Until said first annual meeting of stockholders on
the first Tuesday in Angus, 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 McIntre shall be president, the said K.
Ansel Oppenheim shall be the secretary and the
treasurer.
The directors shall hold annual meetings as soon
as practically convenient af said annual meeting
of stockholders for election Of directors and that
day or in case of an adjournment of such stockhod
ers meeting then after such meeting he ad OurI
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 fo
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 theii
SUCCESSORS are elected and qualified.
No person shall be director or officer of said cor
poration who is not stakeholder therein.
Such general and special meetings of the stock.
holders and directors, may be called and held, the
interests and eXigencies Of the business of the
ration may require, and may be authorized and
prescribed by the bylaws of the corporation.
The directors shall have power 10 fill any vacancy
In any OF the Offices either Of officers directors al
any special or general meeting of the directors.
The president, or In his Absence or inability to act
the vicepresldent shall sgn on the part OF the cor
poration, AL deeds other indentures or writings,
whatsoever conveying leasing, charging or incum-
berng or IN any way affecting the lands tenemen
heredit aments and real mixed esta and property,
or any interest therein The rents or profits thereof
belonging to the corporation or in which 1t has any
interest. and deeds and ns ruments when so signed.
by the president vcepresident, shall be counter
signed by the secretary In his absence or inably
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 on the part Of
the corporation any such deed, lndenture writing
And no power of attorney shall In any case be
made or given the part Of the corporation, excep
by order of the board OF directors naming the gran e
in the power, and specifically stating the OBJECT OF
the power and he authority conferred first duly
made and entered Of record