St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-05-24
ARTICLES OF 0RPORATlON
OF THE
GERVAIS LAKE SYNDICATE.

MAJ Il, THE UNDERSIGNED, do hereby
Wv associate ourselves together for the pur-
pose Of becoming u corporation under the pro-
visions OF title two (2) of chapter thirty (3D
OF the General Statutes of the State of Minnesota
state amendatory thereof, and for that purpose
do hereby adopt and sign these articles of ncor-
poraton, as follows, to-wit:
ARTICLE 1.
The name of this corporation shall be the Ger
vals Lake Syndicate.
The general nature OF the business of this cor
peration shall be the buying. owning, leasing
plating. improving, selling, mortgaging and deal
ing in lands, tenements aud Entertainments, and
real. personal and mixed estate in the state of
Minnesota.
The principal place for the transaction of the
business OF this corporation shall be in the city of
st, Paul, Ramsey county, in said state of Mime
sofa.
ARTICLE IL
The time of the commencement of the corpora
ton hereby organized shall be the twenty-fourth
(24th) day of May 1885, and the period of its con-
tinuanoe shall be thirty (SO) years from said date
of commencement.
ARTICLE III.
The amount of the capital stock of this corpora
ton shall be twenty-five thousand two hundred
dollars ($25 200) and shall be paid in as called for
by the board of directors.
Said corporation may purchase and buy its own
stock, and the stock purchased and bought it
may retire and extinguish, or it may hold the
same without merger or extinguishment, and re-
ISSUE II IN the same manner and the
terms as other stock, the board of directors
may determine and elect.
ARTICLE w.
The highest amount of Indebtedness or liability
, to which said corporation shall at any time be
subject other than on stock account shall not ex-
coed the sum of twenty-five thousand dollars
(S25,000).
ARTICLE v.
The names and places of residence Of the per
are as nj wiz
Andrew Schoch, Aaron Herr, John II. Schr -raeier
Adam Boyer, Rudolph Martini, aderick anthem
Knauft, William F.Fifeld Jacob F. Jaeger, Henry
F. Vessel, all residing in the city of St Paul
Ramsey county, Minnesota.
ARTICLE VI
The government of this corporation and the
management of its affairs are hereby vested in a
board of seven directors, who shall be sharehold-
ers in the corporation and who shall be elected at
shall be held on the third (3d) Tuesday of May in
each year. and who shall hold Office until their
successors are elected and qualified.
The executive officers of the corporation shall
be president, vice president secretary,
and treasurer, who shall be elected by
the board of directors from their own num-
Der at its first meeting and at the first
meeting of the board after the annual meeting of
the stockholders in. each year, and who shall hold
office until their successors elected and quail
fed.
and all other instruments which may be necessary
Tor the business OF the corporation for and in the
name OF the corporation, and shall exercise such
other powers and duties as the bylaws shall pre-
SCRIBE
Vacancies in the board of directors or in the
said officers of the corporation shall be filled by
the board of directors at any regular or special
meeting held in pursuance of the bylaws.
The names of the persons forming the first board
of directors are, Ferdinand Knauft, Emanuel
Good, William F. Fifield, Andrew Schoch, John
II. Schumacher Jacob V.Wilson and Frederick AL.
then, who shall hold Office until the first annual
ARTICLE VII
mo ,,r,,h,- 49,, o,,,,,,,r,. =. ,L.,. ~ ~,
ti nf saiJ ti1 h ~ e es vi .he capltai
ftvto fasoS of nn h oS W. 5oi ts any
~ "o NS'@' 'naiee u oi'e huhoreo dollars Hloo)
~
In testimony whereof we have hereunto set our
hands and seals this 18th day of May A D. 1856.
FERDINAND KNAIJFrr GsEAIl
JACOB r. JACGFR SpAI
RUDOJ,P5 MARTINI fSF.I
AARON HERR fsEAI
HENRY F. VESSEL fsEAI
JOHN "A. SCHTRMEIER fsEAI
EMANUEL, GOOD. SEAL
ADAM BEYER SEAL
ANDREW SCHoCH. sEAI
JACOB V WILSON fsrAI