St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-05-03
A RTICLES OF INCORPORATION OF
n The Enterprise Manufacturing Com

A RTICLES OF INCORPORATION OF
n The Enterprise Manufacturing Com
pany.
For the purpose of organizing a corporate
company and i'll accordance. with the pro-
visions of title two (2) ana chapter thirty
four GA OF the General Statutes of 1878, OF
the State of Minnesota. and laws amendatory
thereof,w the undersigned, do by these arti-
Giles OF incorporation associate ourselves to
become incorporated under the name herein
after assumed by us for the purpose OF en-
gagng in and carrying on the business de-
serlbed in the following articles of incOrpOra-
uon, which we hereby adopt and subscriber
ART I.
The name Of this corporation shall be The
Enterprise Manufacturing Company. The
general nature OF the business of said corpO-
ration shall be the manufacture of sweat
pads. saddlery and other specialtes. Its
principal place of business shall be at North
81. Paul. with a duly authorized agent Sc
lected by the board of directors and located
in the City of st. Paul. both in the County of
Ramey and State of Minnesota
ART. II.
The time of the commencement OF this
corporation shall be the LIST day of April, 1893
and the period of its continuance and exist
ence shall be ten (lO) years from said date.
ART. Ill
The amount of capital stock of this eOrpo-
ration shall be twenty-five thousand (25,OOJ)
dollars, twenty thousand (20000) dollars OF
which shall be paid in ut the time of the
commencement of this corporation and the
balance at such times and IN such amounts
as shall be called for by the board of directors
or said corporation
ART. ".
The highest amount Of Indebtedness or
liability to which this corporation shall NJ
any time be subject shall be the sum of ff-
teen thousand (Sl5,0OO) dollars.
ART. v.
The names ana places of residence of the
persons forming this association Tor incOr
poratlon are as follows:
Il. F. Phueger, Akron Ohio.
Philip Bachert, Buffalo. n. Y.
Geo. A.Phueger. North st. Paul, Mimi.
Philip Bachert DR., North ST. Paul, Mimi
ART. vi.
The government of this corporation ana
the management of its affairs shall be vested
III board of four (i) directors who shall all
be stockholders, and shall be selected by the
stockholders at their annual meeting by bal
lot by majority vote OF said stockholders,
and at all meetings of the stockholders each
share of the capital stock shall entitle the
holder TO cast one vote, either i'll person or
by proxy in writing. The annual meeting
of the stockholders of this corporation
shall be held at the principal place
of its business, in the City of North IT.
Paul, Ramsey County. Mimi, on the second
Tuesday in January of each year. commence
ing with the second Tuesday in January 1891.
Said directors shall be elected for a period
of one year, and shall hold their Office until
the discharge of their duties. Immediately
after the annual meeting of the stockholders
the board of directors shall meet and organ
ize and elect from their number president
vice president, secretary ana treasurer Of
said corporation, who shall hold their re-
spectiYe Offices for ore year and until their
successors are elected and enter upon their
duties. The offices of secretary and treasurer
may be held by one person, and vacancy in
the said board of directors shall be filled by
q vote of the board of directors until the
next annual meeting of the stockholders.
AT all meetings of said board of directors
maj Ority thereof shall constitute aquorum TO
do business, but u less number may adjOurn
from time TO time. The board OF directors
shall have power TO appoint and designate
the duties of such other officers as they shall
deem necessary for the proper conduct OF
the business of said corporation and shall
make such bylaws and other rules and regu-
lations not Inconsistent with these articles
or contrary to the statute in such case made
and provided rs they may deem necessary
and pToperin the management of the stock,
property and effects of said corporation. and
the duties and conduct of its officers and
agents and concerning all matters whatsoever
which may appertain to such corporation.
The first board of directors OF this corpora
ton shall consist of the following named
persons:
E. f. Phueger.
Philip Bachert.
Geo a. Ptiueger.
Philip Bachert Jr
or whom Philip Dachert shall be PRESIDENT
Philip Bachert Jr., vice president; Geo. A.
Pfueger, secretary. and +. +. Pflueger. treas
urer, of said corporation. and which said
board of directors and officers shall hold
Office until the annual meeting of said cor
pOration on the second Tuesday in January,
1894, and until their successors are elected
and enter upon the discharge of their re.
spective duties.
ART VII.
The number of shares OF capital stock
shall be two hundred and fifty (250), and
the amount of each share shall be one hun
dred (Sl00) dollars.
In witness whereof we have hereunto SET
our hands and seals this LIST day of April
1888
[Signedl PHILIP BACHERT, tSeaL
PHILIP BACHERT JR. seal
G.. A. PFLUEGER, LSea.
f.. f. PFLUEGER, LSeaL
In presence Of
r. Z. MOVES,
fanny WEISS