St. Paul daily globe., 1890-08-25

A RTICLEs OF INCORPORATION-T
n persons whose names are hereto sub
scrIbed do hereby associate themselves and
become incorporated and organized as q
corporation. under the proyisiors Of Title
Two (2) of Chapter Thirty -Four (3s) of
General Statutes 1878 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 aud
handling of wheat and other grain, and farm
products and flour, together with all land
and lands upon which the same may be sittI-
ated with such other lands. tenements,
heredltaments and appurtenances as may be
thereunto appcrtaining 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 iced, 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
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 (SI5O,O00). of which one
hundred thousand dollars (SlO0O0O) shall
be paid IN cash on the said lhirtleth day of
August, A. d. 1890, and the remaining fifty
thousand dollars (S50000) 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 CS50,0UO).
ARTICLE FIFTH
The names and residences of the persons
forming this association are as follows:
Henry Poehler. Thomas Welch, August f.
Poehler Ernest L. Welch, Alvin II. 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, President
Vice President, Secretary and Treasurer,
who may be one person
The said officers ST Ill be elected at the
regular annual meeting of said Corporation,
to be held on the first Tuesday of August of
each year. Until the 8 regular meeting in
A. D. 1891 the follG ling named persons
shall be the officers of said Corporation:
The first Board of Directors shall consist Of
all persons signing these Articles. The
President shall be Thomas Welch, the Vice
President, Henry Poehler; the secretary, AL
win Fl. Poehler; the treasurer, Alvin III.
Poehler.
ARTICLE SEVENTH.
The capital stock of said corporation shall
be divided into fifteen hundred (l,5O0)
shares of one hundred 100) 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, [Seal.1
THOMAS WEIGH, lSeal.1
AUG. F. POEHLER, LSeal.1
ERNEST L. WEIGH. lSeal.1
ALVIN III. POEHLER. [Seal.l
Signed and sealed in presence Of
j. B. SHARP,
II. W. BLAsING,
CHAs. CoMNICK.
STATE OF MINNESOTA, 90
COUNTY OF SIgLEY.
On this 9TH day of August, A D 1890 per.
sonalIy appearing before me, came Henry
Poehler, Thomas Welch, Aug. f. POehlesi.
Ernest L. Welch and Alvin II. Poehler. to
me known to be the same persons described
in, and who executed the foregoing articles
of incorporation. and the severally acknowl-
edged the seme to be their own free and vol
untary act and deed.
(Notarial Seai] j. B. SHARP,
LtNotary Public, Sibley County, Mimi.