St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-16
A RTJCLES OF INCORPORATION OF
n 1.-The ST. Paul Arcade Ofera House Conn

A RTIcLEs OF INCORPORATION OF
II 1.-THE st. Paul Arcade Opera House Com
pany."
We. the undersigned. do hereby associate
ourselves together for the purpose of incOr-
poration under, Title two (2) of Chapter
thirty-four 80. of the General Laws of the
State of Minnesota, and the several acts of
the Legislature of said State amendatory
thereto, and tor that purpose have adopted
and signed the following Articles of Incor-
alton:
ARTICLE I.
Inc name of this Corporation shall be
Tine st. Paul Arcade Opera House Com
pany.' The general nature of the business of
said corporation shall be to buy, own, re-
celve, possess and retain lands, tenements,
ana Entertainments, 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,
bulld upon and improve the same in such
manner ana 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 same e,
or any right, title or interest therein, in
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 for that purpose and TO that end.
TO make, deliver i'll like manner, accept and
receive all necessary and proper deeds, con-
veyanceS, mortgages, leases and other writ
1ngs obligatory, and to have and exercise all
necessary rights, franchises muniments, es-
tates, powers and privileges necessary to that
end. Said Corporation shall be authorized to
borrow money and negotiate loans for the
uses and purposes of its business, and for
lnat purpose and to that end may make and
oeilver, and in like manner accept and re-
celve, 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,
when SAID corporation may deem ex pedien5
70 MAKE ana deliver, or accept and receive
for its own security. or to enable it to nego-
tiate loans for itself as aforesaid.
ARTICLE II.
The principal place of business Of said
Corporation shall be in the City of st. Paul,
i'll 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. 1889, 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 One Million $1,000, OO0
dollars, and the same shall be paid in at such
times and i'll such manner as shall be re-
quired by Che 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 (S500,000) 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 Kaima:i, Robert
Manufacturer, George r. Finch, w. II. Mer-
RAM, Theodore l.. Schumacher, E. N. Saun-
ders, Albert Seheffer. James ii. Weed. Gus
tav Willius, Frederick Driscoll, Lewis Baker,
Joseph LOckev 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. Langdon, Clinton
Morrison, E. B. Ames, Dorilus Morrison, all
OF whom reside in the city of Minneapolis,
county OF Hennepln. and State of Minnesota.
ARTICLE VI.
The name of the first Board of Directors Of
said Corporations are as follows. TO wit: T..
N. Saunders, Thomas P. Wilson, Arnold Kali
man, Frederick Driscol, Lewis Baker Thorn
as Lowry and Clinton Morrison.
The government of said Corporation aud
the management of its affairs shall be vested
in board of seven 90 directors, to be elected
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 Cityof st. Paul, on the
first Monday in February of each year, and
until their successors are elected and quail
fed the said directors above named shall, re-
The directors shall, at their annual meeting,
to be held Immediately after The annual
meeting of the stockholders, elect Presi-
dent, Vice President, Secretary and Treas
urer; until the annual meeting as aforesaid
E. n. Saunders shall be President, Thomas
P. Wilson Wee President, Arnold Kalman
Secretary, William r. Merriam Treasurer.
r In case of the resignation of any of said
officers or directors, or their inability or re-
fusal to act, their places shall he 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.
In witness whereof, the said incorporators
have hereunto set their hands aud seals this
28th day of January, A. d. 1889.