St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-01-29
Certificate of Amendment of tEie
Articles of Incorporation Of the
ST. Paul Light. Heat and Power

ST. Eau1 Light ESeae and POsVer
Company.
TT Is HEREBY CERTIFIED THAT AT A
meeting of the shareholders of The St.
Paul Light, Heat and Power Company, held
i'll the city of st. Paul. IN the state of Mime
sota on the I'd day of January, A. ID. 1891, at
10 O'Clock Il: N. OF said day, and also at reg
ular meeting of the BOARD of directors of
said company, held in said city of St Paul, i'll
the state OF Minnesota, OH the 9Th day of
January. A. d. 1871, at 12 o'clock noon of said
day, Article Third, Article Fourth and Article
Sixth of the Articles of Incorporation of SAID
company were amended so as TO read as fol-
lows. respectively:
THIRD
The amount of the capital stock of this
corporation shall be one hundred and fifty
thousand dollars (S15n,000), and shall be paid
in by the subscribers therefor i'll such
amounts and at such times as the board of
directors OF the corporation may, by resolu-
ton, determine; provided. that after seven
teen hundred and forty Il, no shares of the
company's stock have been subscribed for or
issued no subscription to the capital stock
of this corporation shall be received, and no
share or shares of such capital stock shall be
sold or issued in anvwise unless first author
ICED to be subscribed for, TO be sold or to be
issued by Il resolution passed by the share
holders OF the company. which resolution to
be effeetual must receive the affirmative vote
Of Il majority of ali the then outstanding
shares of the capital stock of the corporation.
FOURTH.
The highest amount of Indebtedness or liza
bility TO which said corporation shall at any
time be subject shall be sixty thousand dol
lars (S50,0,o): provided, however. that no
bonded Indebtedness, or Indebtedness Sc
cured by any mortgage, or other lien upon
any OF the company's franchises, estates
or property. or Indebtedness or liability
of any kind, save such as may be incurred in
the ordinary management and operation of
the com pany proper business shall be in
CURED unless first authorized by resolu-
ton passed by the shareholders OF the COM
pany, which resolution 10 be effectual must
receive the affirmative vote of a majority of
all the then outstanding shares of the capital
stock i'll the corporation.
SIXTH.
The government of this corporation and
the management of its affairs shall be vested
i'll a board of three (3) directors, and in the
following officers. viz: A president. vice
president secretary and a treasurer. and in
company may provide Tor. The directors
shall be elected at the annual meeting Of the
corporation, which shall take place on the
first Monday in June III each year. The Off
GERS of the corporation shall be elected
annually by the board of directors at their
annual meeting Immediately after the annual
meeting of the corporation. The term of
office OF the directors and officers of the cor
poration shall be one year, and until their
successors are elected aud have qualified;
provided, however. that any or all the officers
or directors may be removed from office at
any meeting of the shareholders of the cor
poTation by q majority vote of all the then out
standing shares of stock in the corporation.
ARNOLD KALMAN
President of the ST. Paul Light, Heat and
Power Company.
MAURICE AUERBACH,
Secretary of the st. Paul Light, heat and
Power Company.
corporate Seal.