St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-15
A RTICLEs OF INCORPORATION OF
n 1.-THE ST. Paul Arcade Opera House Com.

| A RTICLEs OF INCORPORATION OF
| pany."
We, the undersigned. do hereby associate
ourselves together for the purpose of incor-
porat1on under Title two (2) of Chapter
thirty-f four go, of the General Laws of the
State of Minnesota, and the several acts of
| the Legislature of said State amendatory
thereto, and for that purpose have adopted
ana signed the following Articles of Incor.
alton:
ARTICLE L. a..
The name of this CORPORATION shall be
1.-The. st. Paul Arcade Opera House Com.
pany.' The general nature of the business of
said corporation shall be to buy own. re-
eelve. possess and retain lands, tenements
ana heredltaments, real, personal or mixed
estate and property, and to use and enjoy
the same and to improve the same or any
part thereof by erecting. constructing there
on stores, store buildings, opera houses,
theaters and such other buildings, erections
ana structures, and to otherwise enhance,
build upon and improve the same in such
manner and to such an extent, and for such
purposes as said corporation may deem ex-
pedient; and to sell and convey lease. let
mortgage or otherwise dispose of. charge and
cucumber said lands, tenements and heredit-
aments, real, personal or mixed estate
or property, or any of the sa me,
or any right, title or interest therein, i'll
such manner and upon such terms as said
Corporation may determine by order of its
board OF directors, or authorize by its by
laws; and Tor that purpose and to that end
to make, deliver in like manner, accept and
receive all necessary ana proper deeds, con-
veyances, mortgages. leases and other writ
lngs obligatory, and to have and exercise all
necessary rights, frapchises, miiniments, es-
tates, powers and privileges necessary to that
END. Said Corporation shall be authorized to
porroW money and negotiate loans for the
uses and purposes OF its business, and for
that purpose and TO that end may make and
deliver, and in like manner accept and re-
ce1ve, any and all necessary and proper deeds,
conveyances, assignments, mortgages, deeds
OF trust, leases, notes. bonds. or other con
tracts and writings obligatory and securities,
which said Corporation may deem eXpedieut
to make and deliver, or accept and receive
for its own security, or to enable it to negO.
tlate loans for itself as aforesaid. @
ARTICLE III.
The principal place of business of said
Corporation shall be in the City of st. Paul,
In the County of Ramsey and State of Min.
neSOta.
ARTICLE III.
The time OF commencement of said Cor
poration shall be the first day of February. A.
ID. 1885, and the period of its duration shall
be thirty years of and from said date.
ARTICLE ~.
The amount of Capital Stock of said Cor
poration shall be One Million Isl .00O 000)
dollars, and the same shall be paid in at such
times and in such manner as shall be re-
quired by the Board of Directors The high
est amount Of Indebtedness or liability to
which said corporation shall at any time be
subject shall be the sum of five hundred
thousand $500, 0OO) dollars.
ARTICLE V.
The names and places of residence of the
persons forming this Corporation are as fol-
lows to wit: William Bickel. p H. Kelly
William Lindeke, Arnold Kalman Robert
Manufacturer, George r. Finch. W. r. Mer-
RAM, Theodore l.. Sehurmeier, f.. \. Saun-
ders, Albert Scheffer, James III. Weed, Gus
tav Willius, Frederick Driscoll, Lewis Baker.
Joseph Lockey and Thomas P. Wilson, all of
whom reside in the city of st. Paul, said
county of Ramsey, and State of Minnesota.
Thomas Lowry, r. B. Laugdon. Clinton
Morrison, e. b. Ames, Dorius Morrison, I'LL
of whom reside in the city of Minneapolis,
county OF Hennepin, and State of Minnesota.
ARTICLE VI.
The name of the first Board Of Direct ors of
said Corporations are as follows, to wit: e.
n. Saunders. Thomas P. Wilson. Arnold Kali
man, Frederick Driscoll, Lewis Baker, Thorn
as Lowry and Clinton Morrison.
The government of said Corporation and
the management Of its affairs shall be vested
by and from the stockholders annually, as
hereinafter provided. The annual meeting
for such election shall be held at the Office of
the Company in the City of st. Paul, on the
first Monday in FebruaryOf each year, and
until their successors are elected and quail
fed the said directors above named SHALL re-
specriveIy, continue to be such directors
The directors shall, at their annual meeting.
to be held Immediately after the annual
meeting of the stockholders, eject a PreSi
dent, Vice President, Secretary and Treas
urer; until the annual meeting as aforesaid
E. n. Saunders shall be President, Thomas
P. Wilson Vice President, Arnold Kalman
Secretary, William r. Merriam Treasurer.
In case of the resignation of any of said
officers or directors. or their inability or re-
fusal to act, their places shall be filled by the
remainder of said Board of Directors at any
meeting called and held for that purpose.
If for any cause the annual meeting for the
election of the officers and directors shall not
be held at the time above specified, it may be
held at any other time that the directors may
appoint for that purpose.
ARTICLE VII.
The Capital Stock of said Corporation shall
be divided into ten thousand shares of one
hundred dollars EACH 80
In witness whereof, the said incorporates
have hereuntO set their hands and seals this
l. l,wvl &c To-. n