St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-19

RTICLES OF INCORPORATION.- We
n the undersigned. do hereby associate
ourselves together for the purpose OF becom-
ing Corporation under aud pursuant to the
provisions of lille Two (2), Chapter "a of the
General Statutes of the State of Minnesota,
and the several acts amendatory thereto and
thereof, and for said purpose, do hereby sign
and adopt the following articles of incor-
porat1on:
ARTICLEI.
The name of this Corporation shall be THE
Publishers Collection Agency" It's business
shall be limited to the collection of outstand
ing accounts and Indebtedness of any and
all kinds, throughout the United States and
Canada. and its principal Office shall be in
the CITY of st. Paul, Ramsey County, Mime
sofa.
ARTICLE II.
The time Of commencement of this Cor.
poraton shall be the list day of February,
A. d. 1895. and it shall continue for period
OF twenty years.
ARTICLE III.
The capital stock of said Corporation shall
be the sum of Twenty-Five Thousand Dbl
lars (S25, 000.00), and shall be divided into
two hundred and fifty (25U) shares with par
value of One Hundred Dollars I,0.0V) each.
ARTICLE ~.
The highest amount of Indebtedness or
liability to which this corporation shall at
any time be subject shall be the sum Of One
Thousand Dollars (SL0O.0W.
ARTICLE V.
The names and places of residence of the
persons forming this Corporation are as fol-
lows:
Benjamin f. Gilkison, st. Paul, MINI.
Charles Ward, St. Paul, Mimi.
William E. Carruthert, st, Paul. MINI.
Edward 6. Beyl, st. Paul, Mimi.
Frank E. Encell, st. Paul, Mimi.
ARTICLE VI
The Government of this Corporation shalf
be vested i'll q President. Vice President,
Secretary, Treasurer, Attorney and Board
of five Directors. Directors shall be stock
holders and elected for one year at the an
nual meeting, which shall be held In St.
Paul. Minnesota. at o'clock p. III. OF the
first Tuesday of January i'll each year here
after. Owners of stock shall be entitled to.
one vote for each share. The Board of Di-
rectorS shall annually. within one day after
the annual stockholders meeting meet and
elect President, Vice President, Secretary,
Treasurer and Attorney. from its members.
Officers shall hold office for the term of one
year and until their successors are elected
and qualified. The Board of Directors may
suspend or remove any officer for cause.
The President shall have the general finan-
cial management of the affairs of said Cor
poration; preside at all meetings OF it and
the Board; employ all employees, and reside
in ST. Paul Minnesota. Until the first an
nual meeting, said Board shall consist of
Benjamin f. Gilkison. Charles Ward Will
lam E. Carrulhers, Edward q. Beyl and
Frank E. Encell; and said Benjamin F.
6llhlSOl hlldll De 1TeSlue0l, CnarieS W ara,
Vice President; William Il. Carruthers,
Secretary; Edward G. Beyl, Treasurer, and
Frank E. Encell, Attorney.
ARTICLE VII.
Special meetings of the corporation may
be called by order of the president or by
notice i'll writing. signed by the secretary
and mailed TO each of the stockholders five
days before the time OF such meeting. Spe-
cial meetings of the board for the transac-
ton of any business, may be held upon per-
,,nl nnF a.. al
dent or any officer by his direction. or by
written notice. mailed three days before the
time of its meeting.
ARTICLE VIII.
Said corporation may purchase its own
stock and retire or eXtinguiSh the same, and
may hold such stock without mergor or eX-
tinguishment and sell or reissue the same on
such terms, at such times and under such
conditions as may be determined by the
board of directors.
ARTICLE TX.
The board of directors has the following
powers, viz l. In case OF three or more
vacancies the remaining members or mem
Der thereof may appoint one or more MEM
bers thereof. so that the total number then
in office shall not be more or less than three;
whereupon q majority of said three shall
appoint two more directors, aud all APP
polntees TO fill vacancies shall, unless sus-
pended or removed by said board. hold office
until the next annual meeting ana election
of the board. .. Said board by majority
present and voting, may ill any vacancy in
the board. the officers or agents of the corpo
ration. 8. Appoint other officers or agents
named herein L. Prescribe the compensa-
ton. duties and Obligations of all officers,
agents anu employees. 5. Suspend or remove
any officer. agent or employe. 6. Make,
adopt amend and repeal bylaws for the gov
eminent of said corporation and the man.
agemeut of its affairs: and. Z. Generally
have, except the executive, sole government
OF said corporation and the full control and
manag emcnt of its affairs.
ARTICLE y.
No contracts or agree m ents on the part Of
this corporation shall be valid unless duly
authorized in writing by the president
In witness whereof the under signed have
hereuuto set our hands and seals this 18th
day of January. Il. ID. 1898.
Executed i'll presence of