St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-05-15

HNow ALL MEN BY THESE PRESENTS THAT
IN we, the subscribers hereto have agreed to
and do hereby under the constitution and laws of
the state of Minnesota, associate ourselves as q
ufacturing business, and to that end have adopted
the following articles of Incorporation:
FIRST.
Northwestern Lime Company" and the character
of its business shall be the manufacture and sale
of lime, plaster, hair cement and other articles
and materials; and said corporation agreeably
with, and in the prosecution of the purpose for
which it is framed, shall be empowered to hold
own, occupy and operate warehouses, mills, facto-
ries and kilns in st. Paul and elsewhere. The
principal place of carrying on said business shall
be the city of st. Paul. in the state of Minnesota
SECOND.
Said corporation shall commence its existence
on the first day of june 1885, and continue for the
term of thirty years.
THIRD.
The amount of the capital stock of said corpora
ton shall be one hundred thousand dollars and
the same shall be divided into two thousand
shares of fifty dollars each, twenty-five per centum
whereof is to be paid in Immediately, and the re-
manning seventy-fve per centum to be subject to
a call by the board of directors at such time
times as in their judgment the exigencies of the
business of said corporation shall Justify such
call.
The highest amount of indebtedness or liability
to which said corporation shall at any time be SUBJ
ject shall not exceed the amount of the paid up
stock, and shall in exceed the sum of fifty
thousand dollars
FIFTH.
The government of said corporation and the
management of its affairs shall be vested in
president, vice president treasurer and secretary
and a board of five directors. The official term of
each of said directors shall be one year,
and until his successor shall have been
elected and shall have qualified. Meetings OF
the stockholders of said corporation shall
be held annually on the second Tuesday in
July, at sthe Office of said corporation, in the
tors and transacting other business The direc-
tors shall be then and there elected by the stock
holders, and the president, vice president treas
and secretary shall be elected by the board
Of directors, and any vacancy that may occur in
the board of directors, or in any of said Off
GERS, shall be filled by said board for the unex-
PRED term. The bylaws of said corporation shall
be adopted by the stockholders at their first an
nual meeting, and any change or modification in
such bylaws shall be valid only when approved by
said stockholders at subsequent annual meetings.
But the first board OF directors may adopt bylaws
which may be valid and in force until others shall
have been adopted by the stockholders as herein
before mentioned. The bylaws shall prescribe
the duties and compensation of each of the Off
GERS of the corporation. The names of the first
board of directors shall be Ossan Cook, Joshua ii.
Sanders, H. ID. Mathews, O. W. Robertson, and +.
A. Heath, and they shall choose from among their
number the first officers of the corporation.
SIXTH.
The names of the incorporators of the said cor
poration are Joshua II. Sanders, and III. D. Mathews
of st. Paul, Mimi, o. w. Robertson of Milwaukee,
Wis, Ossian Cook of Oshkosh, Wis, and F. A.
Heath of Chicago, III.
In witness whereof the said persons hereinbe-
fore named as incorporators have hereunto
signed their names and affixed their seals on this
thirteenth day of May, 1855.
II. ID. MATHEWS, Seal
JOSHUA II. SANDERS, Seal
ORRIN w. ROBERTSON, [Seal
FREDERICK A. HEATH, [Seal.]
OSSLAN COOK, lSeal.
Witness
o. f. SHERWOOD,
WILLIAM GEORGE.