St. Paul daily globe., 1889-02-17

A RTIcLEs OF INCORPORATION or
"A 1.-THE st. Paul Arcade Opera House Com
pany.''-
ourselves together for the purpose OF incor.
poration under Title two (2) OF Chaptes
thirty-four (34). of the General Laws of the
State of Minnesota, and the several acts ot
the Legislature OF said state amendatory
thereto and tor that purpose have adopted
and signed the following Articles Of lncor-
alton:
ARTICLE /.
The name of this CORPORATION shall be
''The ST. Paul Arcade Opera House Com
pany." Thegeneral nature of the business of
said corporation shall he to buy, own, re-
ceive, possess and retain lands, teuements.
and hereditaments,. 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, ereetions,
and structures, and to otherwise enhance,
build upon and improve the same III such
manner and TO such an extent, and for such
purposes as said corporation may deem ex-
pedient: and 10 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,
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 in Ike manner, accept and
receive all necessary ana proper deeds con
veyances, mortgages, leases and other writ
ings obligatory. and to have and exercise all
necessary rights, franchises munimcnts 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 Tor
that purpose and to that end may make and
deliver, and in ike manner accept and re-
ceive. any and all necessary and properd deeds,
conyeyances. assignments, morigag deeds
of trust, leases. notes, bonds. or other con-
tracts and writings obligatory and securities,
which said Corporation may deem expedient
to make ana deliver, or accept and receive
for its OWE security, or to enable 1t 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.
u. 1889, aud the period of its duration shall
be thirty years of and from said GATE.
ARTICLE ".
The amount of Capital Stock of said Cor
peration shall b One Million ($1 ,00000Op
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 10
which said corporation shall at any time be
subject shall he the sum of five hundred
thousand $500 000l dollars.
ARTICLE V.
The names aud places of residence of the
persons forming this Corporation are as fol-
lows, to wit: William Bickel. Z. IL. Kelly.
William Lindeke, Arnold Kalman, Robert
Manuheimer, George r. Flach, W. r. Mer-
riam, Theodore l.. Schurmeier, Z. n. Saun-
ders, Albert Scheffer. James II. Weed, Gus
tay 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. Langden, Clinton
Morrison, E. b. Ames, Dorilus Morrison uli
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: Il.
N Saunders, Thomas P. Wilson, Arnold Kat
as Lowry and Clinton Morrison.
The government of said Corporation and
the management of its affairs shall be vested
in board of seven ca 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 City of 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-
spcciiyely, continue to be such directors.
The directors shall, at their annual meeting,
to be held immediately after the annual
meeting of the stockholders, elect 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 kallGar
Secretary, William X. 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 filed by the
remainder OF said Board of Directors at any
meeting called and held for that purpose.
II for any cause the annual meeting fUr the
election of the officers and directors shall mol
be held at the time above specified, it may ha
held at any other time that the directors may
appoint for that purpose.
ARTICLE VII.
The Capital Stock of said Corporation shall
| he divided into ten thousand sharesSo ona
! hundred dollars each
In witness whereof, the said incorporatorz
have hereunto set their hands and seals thit
| :.Sth day of January, A. ID. 1889.
THOMAS lowry 1Gpal