St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-12-16
4 Rr1cLEs OF Incorporation OF

A RTICLES OF INCORPORATION OF
"A the 'Osgood Blodgett Manufacturing
Company"
Know all men by these presents, That we,
whose names are are hereunto subscribed,
nave agreed to associate ourselves together
Tor the purpose of INCORPORATION, and of be-
ing created and constituted corporation I'M
DER ana by virtue of the laws and statutes OF
Inc State OF Minnesota and for that purpose
nave adopted and signed, and dc hereby
adopt and sign. the following articles Of in
corporation:
Article First-The corporate name of this
corporation shall be, and is, the "Osgood d
Blodgett Manufacturing Company"
Inc general nature of the business of this
corporation shall be the manufacture of lnm-
per, and all articles wholly or in part made
theretrom, including boxes, refrigerators,
buildings, building materials, and ali kinds
OF wood woIk; and the purchase and the sale
OF lands. buildings, logs, timber and lumber;
ana 10 build, buy, sell, lease. own and main
tam, and operate mills machinery, factories,
shops, and lumber yards; and to conduct and
carry on general manufacturing business
and such other lawful undertakings as may
De necessary, essential or expedient to the
success of the business above named, or per-
tanning thereto
The principal place of the transaction of
me business Of this corporation shall be at
the City of 81. Paul in the County of Ram
sey, and State of Minnesota.
Article Second-The time of the commence
ment u this corporation shall be the first dav
OF january A: ID. 1892, aud the period of its
continuance shall be thirty years
Article Third-The amount of the capital
STOCK CT this corporation shall be one hun
dred and fifty thousand (S150,O0O) dollars
NO STOCK, nor any certificate of stock, shall
at any time be issued until the full par value
thereof has been actually paid in. The stock
may De paid Tor in money, or in property at a
valuation TO be fixed and determined by the
Board or Directors, at any special or general
meeting. by resolution or order of the Board
fhn
property and the price or value fixed thereon;
ana no property shall be taken and no stock
OF certificates of stock shall be issued there
Tor until such order or resolution has been
duly adopted and recorded.
-Four hundred (400l shares of stock of said
corporation shall be subscribed for and issued
az the commencement Of the business of the
corporation. and the balance OF said stock
may be issued from time to time under such
rules and regulations as may be prescribed
by the Board OF Directors
said corporation may buy in its own stock
and the stock so bought in said corporation
may retire and eXtinguish, or hold the same,
without merger or eXtinguishment or may
reissue the same in the same manner and on
the same terms as other stock, as the Board of
Directors may determine and elect.
:. \ stakeholder can sell any shares of stock
held herein without first offering the same
20 the corporation at the same value said
shares can be sold for TO any other party.
Article Fourth-The highest amount Of in
ion shall at any time be subject is one nun
dred thousand (SlO0,00O) dollars.
Article Fifth-The names and places of
residence of the persons forming this corpora
ton are as follows, TO wit:
Benjamin s. Osgood. St. Paul, State of Min
neSota;
Henry E. Osgood. St. Paul. State of Mime
sofa;
Fred S. BlOdgett, St. Paul, State of Mime
sofa:
Leland S. Armstrong, St. Paul, State of Min
nesota;
Harvey A. Blodgelt ST. Paul. State of Min
nesota.
Article Sixth-The government of said cor
poratlon, and the management of its affairs
shall be vested in board of five directors to
be elected annually by the stockholders Of
SAID corporation from among their number
a. the annual meeting in each year. to be
held on the last Tuesday in January, provid-
ed the Board of Directors, herein named
shall hold their offices as such until the last
Tuesday i'll January, 1892, and until their sue
cessors are elected and qualified. The names
OF the persons who shall constitute the first
Board OF Directors are the aforesaid Benjamin
). Osgood. Henry E. Osgood. Fred S. Blodgett,
Leland ;. Armstrong and Harvey A. Blodeett
The officers of said corporation shall con-
sist OF President, Vice President Secretary
and Treasurer, and the directors of said
corporation shall, on the last Tuesday of Jan
uary OF each year. after the adjournment of
the stockholders meeting on that day, or in
case of adjournment on the adjourned dav
meet tor the election of said officers and at
such meeting shall elect from the directors
the said officers of said corporation for the
year next ensuing. The directors and Of
hceTs OF said corporation, after the first here
IN named, shall hold their respective Offices
for one year next ensuing after their election,
and until their successors are elected and
qualified, and the duties of said officers NAV
be prescribed by the bylaws OF the corpora
ton. No person shall be a director or officer
OF SAID corporation who is not stakeholder
therein. The Offices of Secretary and Treas
uTer may be held by the same person. and
the Vice President may also hold the Office Of
either Secretary or Treasurer. Until success
sors are elected Benjamin S. Osgood shall
be President. Henry e. Osgood Vice Presi-
dent and Fred y. Blodgett Secretary and
Treasurer.
such general and special meetings of the
stockholders, and also of the directors. may
be called and held as the interests of the
business OF the corporation may require or
as the same may be authorized and prescribed
by the bylaws of the corporation.
Inc directors shall have power to fill every
vacancy, II any, of the officers of the corpo-
ration, and also to fill any vacancy in the
Board of Directors, at any special or general
meeting of the Board of Directors.
Article Seventh-The number and amount
OF the shares i'll the capital stock of said cor
= peration shall be fifteen hundred {, 500, and
shall be divided into shares of one hundred
$500 dollars each.
IN witness whereof we, the persons here
sinbefore named, as incorporators, have here
unto subscribed our names and affixed our
seals, each for himself, this the sth day of
3 December A. D. 1891
BENJAMIN S. OSGOOD. TSeaL1
HENRY E. OSGOOD. fSeaL1
FRED S. BLODGETT TSeal1
y LELAND S. ARMSTRONG. tSeal
&c HARVEY A BLODGETT, lSeal1