St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-08-22

A RTIcLEs OF INGoRPoRATToN-THE
N persons whose names are hereto sub
serlbeu do hereby associate themselves and
become Incorporated and organized as
corporation, under the provisions of Title
Two (2) Of Chapter Thirty Four (3D of
General Statutes 1873 of Minnesota, and all
laws of said State amendatory thereof, by
adopting and signing these Articles OF In
corporation.
ARTICLE FIRST
The name of this Corporation shall be
1.-THE Pacific Elevator Company
The general nature OF the business of this
Corporation shall be, to own. buy, construct,
hold by lease and sell and lease to others.
elevators and warehouses for the storing and
handling of wheat and other grain, and farm
products, and -four. together with all land
and lands upon which the same may be stu
ated. with such other lands. tenements,
hered1taments and appurtenances as may be
thereunto appertaining or connected there
with; to store, buy, sell, transpor and gener-
ally to deal in wheat and all other grain and
farm products. flour and feed, salt. wood.
lumber, hogs and live stock on commission
or otherwise.
business of said Corporation shall be the City
of Minneapolis in the State Of Minnesota.
ARTICLE SECOND.
The time of the commencement Of said
Corporation shall be the Thirtieth day of
August, A. D. 1890, and the period of its
continuance shall be Thirty (30) years.
ARTICLE THIRD
The amount of the capital stock of said
Corporation shall be one hundred and fifty
thousand dollars $3.50 ,O00) of which one
hundred thousand dollars (S100, 00o) shall
be paid IN cash on the said thirtleth day of
August, A. d. 1890. and the remaining fifty
thousand dollars (S50, O0V) shall be paid in
cash by the stockholders upon the order of
the Board of Directors ana ten days notice.
ARTICLE FOURTH.
The highest amount OF indebtedness or
liability to which said Corporation shall at
any time be subject shall be fifty thousand
dollars e$50,0J0).
ARTICLE FIFTH.
The names and residences of the persons
forming this association are as follows:
Henry Poehler. Thomas WEIGH, August F..
Peehier. Ernest L. WEIGH, Alvin III. Poehler,
Sibley County, Minnesota
ARTICLE SIXTH
The government OF said Corporation and
the management of its affairs shall be vested
in Board of FIVE Directors. a President
Vice President, Secretary and Treasurer,
who may be one person.
The said officers shall be elected at the
regular annual meeting of said Corporation.
to be held ON the first Tuesday of August of
each year Until the said regular meeting i'll
shall be the officers of said Corpor8tion:
The first Board of Directors shall consist of
all persons signing these Articles. The
President shall be Thomas WEIGH, the Vice
win FL. Poehler, the treasurer, Alvin II.
Poehler.
ARTICLE SEVENTH.
The capital stock of SAID corporation shall
be divided into fifteen hundred (l.50o)
shares of one hundred (10O3 dollars each.
In witness whereof. the said parties have
hereunto set their hands and seals this sew
enth day of August. A. d. 1880
HENRY POEHLER, [Seal.l
THOMAS WEIGH, SeaLl
AUG. F. POEHLER, LSeal1
ERNEST l.. WEIGH. [SeaLl
ALVIN "a. POEHLER. lSeal.1
Signed and sealed in presence Of
J. B. SHARP,
H W. BLAsNG,
CHAS. CeMNIcK-
STATE OF MINNESOTA, tss
COUNTY OF SIBLEY.
On this 9TH day of August. A. D. $780, per-
sonally appearing before me, came Henry
PoehleR, Thomas Weleh, Aug E. Peehier,
Ernest L. WEIGH and Alvin II. Pochler, to
me known to- be the same persons described
in. and who; executed the foregoing articles
of incorporation, and the seyerally acknowl-
edged the SEINE to be their OWL free and vol
untary act and deed.
fNotarial Seal j. u. SHARP,