St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-02-06
Certificate of Amendment of the
Articles of Incorporation of the
st. Paul Light. Heat and Power

Certificate of Amendment of the
Articles Of Incorporation of the
st. Paul Light. Heat and Power
Company.
TT IS HEREBY CERTIFIED THAT AT
meeting of the shareholders of The ST.
Paul Light, Heat and Power Company, held
IN the city of ST. Paul IN the state of Minnie
sofa, on the I'd day of January, A. ID. 1894 at
10 O'Clock am. OF said day. and also at a reg
ular meeting of the BOARD of directorso of
said company. held in said city of St Paul, in
the stale of Minnesota, on the 9Th day of
January A. D. 1894, at - 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 10 read as fol-
lows, respectively:
The amount of the capital stock of this
corporation shall he one hundred aud fiftr
thousand dollars (Sl50,009), and shall be paid
in by the subscribers therefor III 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 Q,T4O) shares of the
eompany'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 anywiSe, unless first author
lied to be subscribed for, 10 be sold or to be
ISSUED by resolution passed by the share
holders of the company. which resolution TO
be effectual must receive The affirmative vote
Of a majority of all the then outstanding
shares OF the capital stock OF the corporation.
FOURTH.
The highest amount of Indebtedness or La
bility to which said corporation shall at any
time be subject shall be sixty thousand dol
lars 1850 OJV); 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
n
the companys proper business, shall be IN
CURED unless first authorized by a resolu.
ton passed by the shareholders OF the COM
pany, which resolution TO be effectual musl
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
IN a board of three (3) directors, and in the
following officers viz: a president a vice
president, secretary and treasurer and in
such other officers as the shareholders of the
company may provide for. The directors
shall be elected ut the annual meeting of the
corporation, which shall take place on the
first Monday in June in 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 and 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 a majority vote of ali 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 neat and
Power Company.
corp oratc Seal