St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-01-06
A RTICLES OF INCORPORATION OF
n the 'Osgood & Blodgett Manufacturing


+. y. PIKE, Manager.
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,
have agreed to associate ourselves together
for the purpose of INCORPORATION, and of be-
ing created ana constituted a corporation I'M
der ana by virtue of the laws and statutes of
the State of Minnesota, and for that purpose
have adopted and signed, and do hereby
adopt and sign. the following articles of in
corporations:
Article First-The corporate name of this
corporation shall De, and is the "Osgood l.
Blodgett Manufacturing COMPANY
/ The general nature of the business of this
corporation shall be the manufacture of lnm-
Der, and all articles wholly or in part made
therefrom, including boxes, refrigerators,
buildings, building materials, and all kinds
or wood work; and the purchase and the sale
OF lands. buildings, logs, timber and lumber;
and 10 build, buy, sell, lease. own and main
tain, 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
be necessary, essential or eXpedient to The
success OF the business above named, or per-
tanning thereto.
The principal place of the transaction of
The business of this corporation shall be at
the City OF ST. Paul, in the County of Ram
Article Seeond-The time of the commence
ment Of this corporation shall be the first day
or January, A: D. 1892, and the period of its
continuance shall be thirty years.
Article Third-The amount of the capital
stock of this corporation shall be one hun
dred and fifty thousand (S15),G00 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 be paid for in money, or in property at a
valuation 10 be fixed and determined by the
Board or Directors. at any special or general
meeting. ny resolution or order Of the Board
OF Directors, particularly describing the
property and tue price Or value fixed thereon :;
and no property shall be taken and no stock
orcertitcates of stock shall be issued there
Tor until such order or resolution has been
duly adopted and recorded.
Four hundred (4101 shares of stock of said
corporation shall be subscribed for and issued
at 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 NAV 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 exiinguishment or may
reissue the. same in the same manner and on
the same terms as other stock rs the Board of
Directors may determine and elect. .--.,
No stockholder can sell any shares of stock
held herein without first offering the same
shares can be sold for to any other party.
Article Fourth-The highest amount of in
ebtedness or liability to which said corpora
ion shall at any time be subject is one nun
dred thousand (SiG0,Ge0) dollars.
Article Fifth-The names and places of
residence of the persons forming this corpora
ton are as follows, to wit
Benjamin ). Osgood. st. Paul, State of Min
pesota;
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
poration and the management of its affairs,
shall be vested III 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 III January, provid-
ed the Board of Directors, herein named
shall hold their offices as such until the last
Tuesday in January. 1892 and until their sue
ceSsors are elected and qualified. The names
or the persons who shall constitute the first
Board of Directors are the aforesaid BENJAMIN
5. OsgOod, Henry E. Osgood. Fred S. Blodgett,
Leland ). Armstrong and Harvey A. Blodgett
The officers of said corporation shall con-
slsl OF President, Vice President. Secretary
and Treasurer, and the directors of said
uary of each year. after the adjournment Of
the stockholders meeting on that day. or in
case OF adjournment the adjourned day.
meet tor the election of said officers ana e
such meeting shall elect from the directors
the said officers of said corporation for the
year next ensuing. The directors and Of
ficerS of said corporation. after the first here
III 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
toi. No person shall be director or officer
or said corporation who is not stakeholder
therein. The Offices of Secretary and Treas
urer may be held by the same person. and
the Vice President may also hold the Office of
either Secretary or Treasurer Until suece s.
sorS are elected Benjamin S. Osgood shall
be President, Henry E. Osgood Vice Presi-
dent and Fred ). 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.
The 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 Seyenth-The number and amount
OF the shares IN the capital stock of said cor
poration shall be fifteen hundred q, 500, and
shall be divided into shares of one hundred
$500 dollars each
In witness whereof. we, the persons here
lnbefore named, as incorporates have here
unto subscribed our names and affixed our
seals. each for himself, this. the sth day of
December. A. d. 1891
BENJAMIN 5. OSGOOD. TSeal.1
HENRY E. OSGOOD. fSeal1
FRED S. BLODGETT fSeal.1 -
LELAND S. ARMSTRONG. fiscal.
HARVEY A. BL0DGETT. fSeal.1 {
Signed, sealed and delivered in presence
Of
WARREN H MEAD
Il i DEI-EI