St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-01-24
A RT1cLEs 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 (34) 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 /.
The name OF this Corporation shall be
Beaupre Mercantile Company. The general
nature of the business of this Corporation
shall be to buy, sell and deal in merchandise,
and 10 do general mercantile business and
TO perform whatever acts may be incidental
10. necessary. desirable or convenient for the
prosecution of such business The principal
place of transaeting the business of this Cor
the State 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 commandments 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 (3O) years.
ARTICLE III.
The amount of Capital Stock of this Cor
poration shall be five hundred thousand dol
lars (SJ00. SOC. CO.,, divided into shares of one
hundred dollars (S100.00) 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.
ARTICLE ".
The highest amount of Indebtedness or
anv time be subjected shall not exceed five
hundred thousand dollars $500, G0090e
ARTICLE V.
The names of the persons forming this
association for Incorporation are:
Bruno Beaupre, Frank Keogh. James M.
Davis and Thomas B. Arnold, all having
their places of residence in the City of ST.
Paul. Minnesota.
ARTICLE VI
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 provided) by the stock
holders at the annual meeting of this Cor
poration, which shall be on the third Tues
day III January in each year. The first
Board Of Directors shall consist of Bruno
Beaupre, Frank keogh, James M. Davis and
Thomas b. Arnold, who shall hold their
offices until the annual meeting of this Cor
poration 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
1dent, 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 Bylaws OF
the Corporation may prescribe.
ARTICLE VII.
The Capital stock of said Corporation shall
be divided into five thousand C5.U90( shares
of one hundred dollars (S109.e0( esch, and
said Corporation is authorized to- go into
operation and transact business whenever
two hundred aud fifty thousand dollars
$3.50, 0u0O0) 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.
BRUNO BEAUPRE. GSeal.I
FRANK KEOGH Seal
JAMES II. DAVIS. Seal
THOS. B. ARNOLD. tSeal1
Executed i'll presence Of
G. WELLINGTON,