St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-05-29

L2NOW ALL MEN BY THESE PRESENTS THAT
Ia we the subscribers hereto, have agreed to
and do hereby under the constitution and laws of
the state OF Minnesota, associate ourselves as
corporation for the purpose of carrying on man.
ufacturing business, and to that end have adopted
the following articles OF Incorporation;
FIRST
The name of said corporation shall be "The
Northwestern Lime Company" and the character
of its business shall be the manufacture and sale
OF nme, plaster, mar, cement and other articles
and materials; and said corporation agreeably
with. and in the prosecution of the purpose for
which it is formed shall be empowered to hold
own, occupy and operate warehouses, mills, facto-
r1es and kllns 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.
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 Der centum
whereof is to be paid in Immediately and the re-
manning seventy-fve per centum to be subject to
call by the board of directors at such time or
times as in their judgment the exigencies of the
business of said corporation shall Justify such
call.
FOURTH.
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 case exceed the sum of fifty
thousand dollars.
The government of said corporation and the
management of its affairs shall be vested in
president, vice president treasurer and secretary
ana board OF five directors. The official term Of
each of said directors shall be one wear
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 the Office of said corporation, in the
city of St Paul. for the purpose of electing dree-
tors and transacting other business. The direc-
tors shall be then and there elected by the stock
holders, and the president, vice president treas
urer 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 filed by said board for the unex-
pired 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 eash of the Off
GERS OF the corporation. The names of the first
board OF directors shall be Ossian Cook, Joshua H
Sanders II. d. Mathews, O. W. Robertson and T.
A. Heath, and they shall choose from among their
number the'frst officers of the corporation
SIXTH.
The names Of the incorporators of the said cor
poration are Joshua Fl. Sanders, and H. 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, 1885.
III. ID. MATHEWS TSeaI1
JOSHUA n. SANDERS, Seal
ORRIN w. ROBERTSON, fSealI
FREDERICK A. HEATH, fSeal1
OSSIAN COOK, fSealt
Witness
o. F. SHERWOOD,
WILLIAM GEORGE. {