St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-05-10
4 RTICLES OF INCORPORATION OF
n The Enterprise Manufacturing Com

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 (9 ana chapter thirty
| four (3i) OF the General Statues of 1875, of
| the Slate of Minnesota. and laws amendatory
| thereor,We, 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-
/ gazing in and carrying on the business de
| scrlbed i'll the following articles of incorpora-
/ ton, which we hereby adopt and subscribe:
! ART L.
The name of this corporation shall he The
/ Enterprise Manufacturing Company. The
J general nature OF the business OF said corpo-
ration shall be the manufacture of sweat
| pads saddlery and other specialtles. It's
| principal place of business shall be at North
! St. Paul. with a duly authorized agent Sc
/ lected by the board of directors and located
| in the City of st. Paul both i'll 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, 1s93
/ and the period of its continuance and exist
| ence shall be ten (iC) years from said date.
ART. Ill
! The amount of capital stock of this corpo-
ration shall be twenty-five Thousand (2j.0)O
| dollars, twenty thousand (200O0) dollars of
! which shall be paid in at the time of the
! commencement of this corporation and the
/ balance at such times and III such amounts
as shall be called for by the board of directors
/ of said corporation.
ART. ".
The highest amount of Indebtedness or
| liability TO which this corporation shall at
any time be subject shall be the sum Of ff-
teen thousand (Sl5,0OO) dollars.
ART. V.
The names and places of residence of the
persons forming this association Tor incor
/ porauOn are as follows:
E. F. Pfueger, Akron Ohio.
! Philip Bachert. Buffalo. n. Y.
! Geo. a. Pfueger, North st. Paul, Mimi.
! Philip Bachert Jr., North ST. Paul, MINI.
! ART. VI.
i The government of this corporation and
! the management of its affairs shall be vested
! III a board of four 90 directors who shall all
| be stockholders, and shall be selected By the
| stockholders at their annual meeting by bal
| lot by d majority vote of said stockholders,
and ut all meetings of the stockholders each
4 share of the capital stock shall enttle the
! holder to cast one vote. either in person or
! by proxy i'll writing. The annual meeting
| of the stockholders of this corporation
| shall lie held at the principal place
| OF its business, i'll the City of North ST.
! Paul, Ramsey County. Mimi. on the second
| Tuesday i'll January of each year, commenc-
! ing with the second Tuesday i'll January, 1894.
Said directors shall be elected for period
| of one year, and shall hold their office until
their successors arc elected and enter upon
! the discharge of their duties. Immediately
after the annual meeting Of the stockholders
! the board Of directors shall meet and organ
! lZe and elect from their number q 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
! Il vote of the board of directors until the
| next annual meeting of the stockholders.
| At all meetings of said board of directors Il
/ majority thereof shall constitute quorum 10
/ do business, but less number may adjourn
/ from time 10 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 i'll such case made
and provided rs they may deem necessary
and prOperln 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:
L. f. Phueger
Philip Bachert
Geo. A. Phueger.
Philip Bachert Jr
OF whom Philip Bachert shall be president
Philip Bachert Jr.. vice president: Geo. A
Pfueger, secretary, and E. +. Phueger. 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 mon the discharge of their re-
speetive duties.
ART. VII.
The number of shares of capital stock |
shall be two hundred and fifty (25J), and |
the amount of each share shall be one hun
dred (S100) dollars.
In witness whereof we have hereunto set |
our hands and seals this Ist day of April, |
1888
[Signedl PHILIP BACHERT, [SeaL] |
PHILIP BACHERT JR. [Seal.i !
G. A. PFLUEGER, [Seal.1 I
e. F. PFLCEGER, LSeaLl |
In presence Of
R. E.. MOVES,
HARRY WEISS.