St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-06-20
THIS AGREEMENT FOR 1ScoRpoRA-

THIS AGREEMENT FOR INCORPORA-
L ton made and entered into by and be-
tween Henry Fl. Fuller. William s. Somers
Frank Dabney. William Dawson dr., William
Foulke and John J. Flanagan.
WltneSSeth: That the parties do hereby
associate and unite together as 4 corporation
act of the Legislature of the State of Mime
{ sofa. entitled IAN act relating to manufact-
uring corporations" approved March 7th.
1873 and the acts amendatory thereof. and
for that purpose do adopt agree to. and sign
the following Articles Of Association for in
corporation:
Article 1.-The name of this corporation
shall be Minnesota River and Rail Electric
Company.
Article 1.-THE purpose for which this
corporation is establishedis the manufacture
and sale of electric motors. electric machines,
electric batteries and machinery, apparatus
anu appliances for connecting and operating
the same; the manufacture sale and use Of
machinery and appliances for producing;I
storing and using electricity for light, power;
heat aud other purposes; and the manu-.
facture and sale of any of the materialJ
which this corporation may find necessary
or convenient 10 make or use in its business
Article III.-The principal place of transact.
ing the business of this corporation shall be-
the city of 81. Paul. in the state Of Minnesota,
Article IF.-The time of commencement OF
this corporation shall he the nineteenth day
of June, A D.. 1889. and the period of its
existence shall continue for thirty years.
Article v.-The amount of the capital
stock of this corporation is one hundred
thousand dollars, divided into one thousand
shares of one hundred dollars each, and
shall be paid in at such times snd places and
in such manner and proportions as the board
of directors shall determine
Article Vl.-The highest amount of inc
debteduess or liability to which this eorpo.
ration shall at any time be subject is fifty
thousand dollars
Article VII.-The names and places Of
residence Of the persons forming this assoc
citation for INCORPORATION are Henry H. FuI.
ler, William A. Somers. Frank Dabney, Willx
lam Dawson Jr.. William Foulke and john
]. Flanagan, all residing in the city of st.
Paul. in the state of Minnesota.
Article VIII...The stock. property. afair1
and business Of this corporation shall bel
under the care, government and manage,
ment of q board Of directors consisting Of
six persons.
said board of directors shall be stockhold.
ers. and shall be elected annually by the
stockholders At the annual meeting of this
corporation. to be Eeld on the second Tues,
day in November in each year, and shall hold
their Office for one year and until others ara
chosen in their stead; provided. that the first
board of directors, whose term of Office shalt
continue until the first election by the stock.
holders, shall consist of the following PER-
sons to wit: Henry II. Fuller, William 4.
Somers. Frank D'eney, william Dawson Ir.s
William Foulke and John J. Flanagan
Said board of directors at its first meeting
and thereafter in the manner provided for BY
the bylaws of this corporation, shall elect
from its members a president, vice presi-
dent secretary and a treasurer; provided
the offices of secretary and treasurer may be-
held by one person.
AT any of its meetings the board of directors
may fill any vacancies i'll said board or in any
of said Offices.
In witness whereof. we, said parties. have
hereunto set our hands and seals this 18th
day of June, A. D. 1889.
HENRY n. FULLER, [SeaL1
WILLIAM A. SOMERS, [Seal
FRANK DASNEY, tSeal
WILLIAM DAWSON JR-, fSeal.1
JOHN j. FLANAGAN, lSeaL1
WILLIAM F0ULkE. lSeal1