St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-01-18
RTIcLEs OF INCORPORATION O

II the Beaupre Mercantile Company.
We, the undersigned, do hereby associate
ourselves together for the purpose of becom:.
Ing corporation, under the provisions OF
Title two (2) Chapter thirty-four (34l of the
General Statutes of the State of Minnesota
and the laws amendatory thereof, and for
that purpose do hereby adopt and sign these
Articles of Incorporation. as follows, to wit
ARTICLE l.
Ine name OF this Corporation shal be
Beaupre Mercantile Company. The general
nature of the business of this Corporation
shall be TO buy, sell and deal in merchandise,
and to do general mercantile business. and
TO perform whatever acts may be incidental
TO. necessary, desirable or convenient for the
prosecution of such business. The principal
place OF transacling the business of this Cor
poration shall be in the City of st. Paul, in
the Stale of Minnesota. but the Directors of
this Corporation shall have the power TO es-
tablish one or more subordinate offices with
out the State and transact business thereat
ARTICLE III.
The time of the commencement of this
Corporation shall be the 18th day OF January.
A. D. 1892. and the period of its continuance
shall be the term of thirty 900 years.
ARTICLE III
The amount of Capital Stock of this Cor
poration shall be five hundred III ousand dol
lars (S500, 800. 00). divided into shares of one
hundred dollars (Sl00.00) each, and such
Capital Stock shall be issued and paid in
such installments and at such time as the
Board of Directors shall by resolution direct.
ARIlCLE ~.
The highest amount of Indebtedness or
liability to which this CORPORATION shall at
any time be subjected shall not exceed five
hundred thousand dollars $500, 100000
ARTICLE V.
The names of the persons forming this
association for incorporation are:
Bruno Beaupre, Frank Keogh, James NJ
DAVIS and Thomas B. Arnold, all having
their places of residence in the City of st.
ARTICLE
The government of the Corporation and
the management of its affairs shall be vested
IN Board of Directors. who shall be stock
holders. and who shall be elected annually
except as herein pTovided) by the stock
holders at the annual NEE ting Of this Cor
poration, which shall be on the third Tues
day IN January in each year. The first
Board of Directors shall consist of Bruno
Beaupre. Frank Keogh, James NJ. Davis and
Thomas B. Arnold. who shall hold their
ohces until the annual meeting Of this Cor
poraton IN the year 1893 and until their sue
cessors are elected and qualified. The Board
OF Directors shall, Immediately after their
election, organize, and shall at their first
meeting and at the first meeting In each year
after the annual meeting of the Corporation,
elect from their own number the officers OF
the Corporation, who shall consist OF Pres
tdent, Vice President, Secretary. Treasurer
and Manager, and said officers shall hold
their offices until the next annual meeting OF
the Corporation and until their sue
cessors are elected and qualified Any two
of said offices excepting that of President
may be held by the same person. Such Off
GERS shall have such powers and perform
such duties respectively as the By Laws of
the Corporation may prescribe.
ARTICLE VII.
The Capital Stock of said Corporation shall
be divided into five thousand 5000 shares
OF one hundred dollars $4,000 esch, and
said CORPORATION is authorized to go into
operation and transact business whenever
two hundred aud fifty thousand dollars
$3.50, 100000 of said stock shall have been
subscribed for and fully paid up.
In witness whereof. we have hereunto set
our hands and seals this 18th day of January,
A. D., 1892.