St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-11-23

4 KTICLES OF INCORPORATION OF
II the Minnesota Tanning and Fur-Dress-
ing Company.
Know ali men by these presents: That we.
the undersigned Tor the purpose OF becom-
ing Incorporated under ana pursuant 10 the
laws of the State of Minnesota thereunto
made and provided and especially as pro-
vided by title two ~ OF chapter thirty-Iour
(34, General Statutes of ISIS. and acts SUP
Elementary thereto and amendatOTy thereof
DO hereby associate ourselves together and
become incorporated by adopting ana signing
the following articles:
ARTICLE L
The name OF this corporation shall be the
Minnesota Tanning ana Fur-DTessing Com
pany.'
The general nature OF its business shall be
that OF manufacturing leather and glue anG
the dressing of furs, and It's business ana
functions shall be limited TO that and SUCH
business usually essential thereto.
The principal place Tor the transaction OF
its business and the holding OF its STOCK
holders and directors meetings shall be IN
the City OF St Paul, Ramsey County, Mlnne-
sofa
ARTICLE IL
The time of the commencement OF this cor
poTaiion shall be the twentieth t2Jth) Gay OF
November, a. D. 1898, and the period OF It's
existence shall be thirty 800 years.
ARTICLE Ill
The amount OF the capital stock shall be
twenty-five thousand IS, 000.00) dollars d.
par value OF fifty S59) dollars.
Seven thousand five hundred 81 500 G0) dol
lars of said stock shall be sci aside ana
owned by Saio corporation as treasury STOCK.
which stock snail be sold al any time the
Board of Directors shall direct ana only TO
the undersigned incorporators, but the stock
holders, by unanimous vote. may authorize
the directors TO sell to any other person. me
proceeds OF such sale TO be used IN ana
about the business OF said corporation. anG
nj m no
Seventeen thousand five hundred (Sl7, 500.G53
dollars Of said stock shall be paid IL as the
Board of Directors shall direct
ARTICLE IN.
The highest amount of Indebtedness TO
which il shall al one time be liable shall be
fifteen thousand lSI5.ogG.00l dollars.
ARTICLE Y.
The names and residence of the persons
forming this corporation are as follows: Her
mann Il. NJ. TaubeTt- otto Iaubert OF the City
OF West 81. Paul. Minnesota; Otto Bremen,
John W. NoltimieT. Albert Behn and Robert
HerZog. of City OF St Paul Minnesota and
Helen l. Peterson. OF ST. Paul PARK. Mime
sofa.
The government of this CORPORATION and
the management thereof and OF its affairs,
shall be vested in president vice president
treasurer secretary ana general manager,
any TWO Of which offices may be held by one
and the same person
Hermann H. NJ Taubert shall be the first
PRESIDENT ana General ManaEer-OllO auDeEL
shall De the hrst Vice President. and Otto
Bremen shall be the first Treasurer and Sec
rotary. and they shall hold Office for one
wear. and until their successors shall have
been duly elected ana have qualified.
The names OF the first Board Of Directors
are as follows: Hermann h NJ. Taubert
Otto Taubert. OTTO Bremen. John ". NOlti-
mIeT. Albert Bebn. Robert HerZog and II l.
Peterson. who shall hold office for one
year and until their successors shall have
been duly elected and have qualihed.
The Board OF Directors shall lie elected
annually Dy the stockholders. said election TO
be held on the third (3rd) Monday in No
vemoer in each and every year, and the Board
OF Directors snail on the same day elect the
officers who shall be stockholders: each
stockholder shall have vote for each share
held and owned by him at the time OF the
election of said Board OF Directors.
ANY vacancy OF vacancies in said Board OF
Directors shall be filled al once by the stock
holders at a meeting 10 be called for that
purpose.
In testimony whereof. we have hereunto
SET our hands and seal and executed the
same in duplicate this 10Th day OF November.