St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-08-23
A RT1cLEs OF 1NcoRPoRATIoN-THE

A RTICLEs OF INCORPORATION THE
II persons whose names are hereto sub
scrlbed do hereby associate them selves and
become incorporated and organized as a
corporation, under the provisions of Title
Two (2) of Chapter Thirty Four $50 of
General Statutes 1878 of Minnesota, and all
laws of said State amendatory thereof, by
adopting and signing these Articles OF In
corporation.
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 flour, together with all land
and lands upon which the same may be stu
ated. with such other lands. tenements,
Entertainments and appurtenances as may be
thereunto appertaining or connected there
with: to store, buy, sell, transport 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
The principal place of the transacting the
business of said Cooperation 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 it's
continuance shall be Thirty (3O) years.
ARTICLE THIRD.
The amount of the capital stock of said
Corporation shall be one hundred and fifty
thousand dollars (Sl50,OO0). of which one
hundred thousand dollars (S1O0,OO0) shall
be paid IN cash on the said thirtleth day of
August, A. D. 1890, and the remaining fifty
thousand dollars $50, 000) shall be paid in
cash by the stockholders upon the order of
the Board of Directors and 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 ($5O,00O).
ARTICLE FIFTH.
The names and residences of the persons
forming this association are as follows:
Henry Poehler, Thomas Welch, August F.
Poehler Ernest L. WEIGH, Alvin H. Poehler,
Sibley County, Minnesota.
ARTICLE SIXTH.
The government OF said Corporation and
the management of its affairs shall be vested
in a 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 in
A. D. 1891 the following named persons
shall be the officers of said CorporRtiOn:
The first Board of Directors shall consist of
all persons signing these Articles. The
President shall be Thomas WEIGH, the Vice
ffeSlQeul, deury TOeuier, the seCIeIufy, al
vim Fl. Poehler; the treasurer, Alvin X.
Poehler.
ARTICLE SEVENTH.
The capital stock of SAID corporation shall
be divided into fifteen hundred Q,5OU)
shares of one hundred 400 dollars each.
In witness whereof. the said parties have
hereunto set their hands and seals this sew
enth day of August A. d. 1890.
HENRY POEHLER, fSeall
THOMAS WEIGH, Seal.1
AUG. F. POEHLER, lSeal.1
ERNEST L. WEIGH. [Seal.]
ALVIN H. POEHLER. [Seal.1
Signed and sealed in presence Of
j. b. SHARP,
H. W. BLAsING,
CHAS COMNICK