St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-07-17
STORE AND BAR FIXTURES

A RTICLES OF incorporation OF
IA The United States investments and En-
dowment Company. s
For the purpose of forming corporation
under the General Laws Of the State Of Min
nesota, we, the undersigned, hereby adopt
the following articles of interpretations:
First-The name of this corporation shall
be 1.-THE United States Investment and En-
dowment Company" The principal place
Of transacting business shall be the city OF
st. Paul, in the state OF Minnesota
sSeeond-The general nature OF its business
shall be the issuing of its bonds and certifi-
Gates for the accumulation OF money, to be
paid for in monthly, quarterly, seml-annual
and annual payments, or at sucn other times
and periods as may be prescribed by the by
laws: the loaning of money thus and other
wise accumulated on real estate and other
securities ZEAL personal or mixed, including
sbonds stocks, notes. mortgages and all KINDS
of marketable security; buying, owning. i'm
proving. building upon, selling and dealing
in lands tenements and hereditamehts real,
personal and mixed estate and property. In
GLIDING lease. hold estate; to sell, barter, ex-
change, convey. let, mortgage and otherwise
dispose OF. charge or eneumber any sncn
lands tenements or hereditaments, real, per-
senal and mixed estate and property. or any
of the same, or any right, title or estate
therein, and for that purpose to make. exc
cute, acknowledge and deliver. and IN like
manner to take, hold and receive any and
every necessary and proper deeds, convey
ances, mortgages, contracts bonds notes and
other writings obligatory; to borrow money
upon pledge OR mortgage OF or on any OF It's
property and holdings. real. personal and
mixed, and generally to do and perform any
act or thing necessary to be done and per
formed for the successful prosecution and
management of the business and affairs OF
said corporation.
this corporation shall be the ninth day Of
July, A. d. 1890, and the period OF its con-
tinuance shall be the term OF thirty years.
and such further period of renewal as may
be determined upon.
Fourth-The capital stock of this corpora
ton shall be two hundred thousand dollars,
ana the same shall be divided into two
thousand shares Of one hundred dollars
each, which shall be paid in in such manner
and at such times and in such amounts as
the board of directors shall determine.
Fifth-The highest amount OF indebted
ness or liability to which this corporation
shall at any time be subject shall be two
hundred thousand dollars, exclusive, of
such Indebtedness as may be. secured by
mortgage or deed Of trust.
-Sixth-The names and places of residence
of the persons forming this corporation are
as follows: S. Lee Davis, st. Paul, Mimi: E
"A. Hendrickson. st. Paul Mimi; w. W.
Thomas. st. Paul, Mimi; r. B. Galusha. st.
Milton G. Brown, st. Paul, Mimi; w. S.
Dwinnell, st. Paul, Mimi; W. G. Bissell, Chi
cago, III. -.
Seventh-The government of the said cor
poration and the management of its affairs
shall be vested in a board of seven directors,
a majority Of whom shall reside in the state
of Minnesota The term of Office of said di-
rectors shall be four years; provided. how
ever. that the board Of directors shall be di-
yided into four classes, and each OF the first
three classes shall be composed of two dl-
rectors and the fourth shall contain one di-
rector. Two directors shall be elected an
nually for three successive years and one d.
rector on the fourth year, it being under
stood that the term of Office of one class
shall expire each year. Members having but
one wear to serve shall belong to the first
class, members having two years to serve to
the second class, members having three years
to serve to the third class, and members hay
ing four years to serve to the fourth class.
The election shall be held at the annual
meeting of the company on the fourth Tues
day in July in each year At the annual
meeting in 1890 there shall be elected two
directors of the first class. two directors OF
the second class, two directors OF the third
class. and one director of. the fourth class.
Ninth-The dashboard of directors OF this
corporation shall be S. Lee Davis, E. A. Hen
| erickson, W. W. Thomas andW. s. Dwinnell,
| of ST. Paul, Mimi: C E. Leslie and W. g..
Bissell, of Chicago. ILL.,, and II. II. Price, Of
| Black River Falls. Wis, who shall hold their
Office until the first animal meeting in'July,
FA D. 1890
| fOTenth-The board of directors may make
tsafd adopt such bylaws not inconsistent with
isthese articles as they may deem necessary,
and NAV alter or amend the same by a major
|. liz vote of those present at any regular meet
/ Ing, or at any special meeting called for that
purpose.
hereunto set their hands and seals this 10th
sf;ay of JIiIy 1896.