St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-08-01

A RTICLES OF INCORPORATION OF
"A the western Electric Heating Com
pany. the undersigned persons, do
hereby associate ourselves together for the
purpose of becoming a corporation under
and pursuant 10 the provisions of chapter
thlrty-fOuI (3i) of the General Statutes
1873 of The State of Minnesota, and the laws
OF said State of Minnesota amendatury
thereof, and for that purpose we do hereby
sign and adopt these articles of incorpora
ton:
ARTICLE ONE. ...t
The name of this corporation shall be the
western Electric Heating Company" and
the general nature of the business of said
company shall be the manufacture of electric
heating appliances, articles, goods and APP
paratus of every description, and all articles
or merchandise in the use of which cleo
tricity enters as factor. and the principal
place of the transaction of the said business
snail be Saint Paul. Minnesota.
ARTICLE TWO.
Inc time OF commencement of this corpo-
ration shall he August 18th. 1893, and the pc
Rod OF its continuance shall be for the pc.
Rod OF thirty years from the time of its COM
mencement.
ARTICLE THREE.
The amount of the capital stock of said
corporation shall be one million of dollars
tSl.tOr,UOO), divided into twenty thousand
(2U.O00) shares at the par value of fifty (S0000)
dollars each. Said capital stock shall be paid
Tor, ana IN, III such manner and at such times
as the Board of Directors of this corporation
shall or may determine and said CORPORATION
may commenceand do business when. and
as soon as. twenty thousand dollars Of said
stock mas been subscribed for or paid in.
ARTICLE FOUR.
The highest amount of Indebtedness and
liability to which said corporation shall be
subject is the sum of five hundred thou
sand dollars.
ARTICLE FIVE.
The. names of the persons forming this
ASSOCIATION Tor incorporation are:
Frederick D. Hager, Frederick P Luther
and Charles p. Johnston, and the place of
residence OF each and all of said persons is
the City of Saint Paul, Ramsey County, Min
nesota.
ARTICLE SIX.
Inc government of this said corporation
and the management of its affairs shall be
vested in q Board of seven Directors, which
said Board of Directors shall be elected by
and from the stockholders of this Company
at their meeting every tenth year, cOmmenc-
Ing with the year 1898. The first Board OF
Directors of this Corporation shall be, and
is, Frederick d. Hager, Fred. P. Luther.
ietry b. Scott, Frederick E. Foster, Frank
Dabney, Charles p Johnston aud Thomas 7.
FaunlIeroy, and said first Board of Directors
snail hold their office, as such Directors, I'M
til their successors are duly elected by the
said stockholders at their meeting iii the
year 1903. and until their successors shall
duly qualify.
All Directors and officers of this CORPORA
ton shall hold their positions and offices I'M
til their successors are duly elected and
shall duly qualify.
The officers of this Corporation shall be
President, Vice President Secretary. Treas
urer and Manager, and, except that of Presi-
dent ana Vice President any Two of said of
fees may be filled by one and the same per-
son. Every Board of Directors of this Com
papy, at their frstmeeting, shall elect from
among their number the officers of this Cor
poration, except that the said Manager. Sec
rotary and treasurer thereof may be elected
by said Board at their said first meeting ire
spectve of their being members of the said
Board CT Directors
The Board of Directors of this CORPORATION
shall have the power, by majority vote of
said Board of Directors at any time 70 re-
and to fill any vacancy.
The said Board of Directors shall have the
sole power to make the Bylaws of this Com
pany; and said Bylaws, among other
things, shall designate and fix the duties of
the Directors and officers of the Com pany
their compensation and pay for any services
they, or any of than, may render said Com
pany, and the times when the stockholders
and Directors shall hold their general and
special meetings; said Bylaws may from
time to time be changed or amended by said
Board OF Directors at any of their meetings.
ARTICLE SEVEN.
The number of the shares of the Capital
Stock OF SAID Corporation shall be twenty.
thousand (20,000). and the amount of each
share shall be fifty dollars (S50U0) '--'
In witness whereof, we have hereunto set
our hands and seals this 30Ih day of July, A.
ID. 1893.
FREDERICK D. HAGER, tSeal.I
.... FREDERICK P. LUTHER. Sealj
CHARLES p. JOHNSTON, fSealf
Signed, sealed and delivered in presence
GEORGE W. STEVENS. ,.:.
j. b. JET.