St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-16

A RTICLES OF INCORPORATION we,
n the undersigned, do hereby associate
ourselves together for the purpose OF becoln-
ing Corporation under and pursuant to the
provisions of little Two (2), Chapter 81 of the
General Statutes Of the State of Minnesota,
and the several acts amendatory thereto ana
thereof and for said purpose, do hereby sign
and adopt the following articles of lncor-
poration:
The name of this Corporation shall be The
Publishers Collection Agency" lis business
shall be limited to the collection of outstand-
ing accounts and Indebtedness of any and
ali 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
poration shall be the lst 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 D d.
lars (S25.uG0. 00). and shall be divided into
two hundred and fifty (250) shares, with par
value of One Hundred Dollars (Sl>o.oV) 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 (Sl,0JU.00).
ARTICLE V.
persons forming this Corporation are as fol-
lows
Benjamin F. Gilkison. ST. Paul, MINI.
Charles Ward, st. Paul, Mimi.
William E. Carruthers, ST. Paul. MIMI
84 Edward g. Beyl, st. Paul, Mum.
Z Frank Is. Enceli st. Paul, Mimi.
ARTICLE VI. +i
The Government Of this Corporation shall
be vested i'll President, Vice President.
Secretary, Treasurer Attorney and a 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 5 o'clock p. m OF the
first Tuesday of January in 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. Carruthers, Edward g. Beyl and
Frank Z. Encell; and said Benjamin F.
GIlkison shall be President, Charles Ward,
Vice President; William E. Carruthers.
Secretary; Edward G. Beyl Treasurer, and
Frank E. Encel, Attorney. ~9-
ARTICLE VII.
Special meetings of the corporation may
be called by order of the president or by
notice in 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-
sonal notice OF one day. given by the presi-
hh n 6irant or nv
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 merger or ex-
tinguishment and sell or reissue the same OH
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
mowers. 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, and all ap-
pointees to fill vacancies shall, unless sus
pended or removed by said board, hold Office
until the next annual meeting and election
of the board. 2. Said board. by majority
present and voting, may fill any vacancy in
the board, the officers or agents OF the corpo-
ration. 8. Appoint other officers or agents
named herein. 4. Prescribe the compensa-
tion duties and Obligations of all officers,
agents and employees. 5. Suspend or remove
any officer, agent or employe.. g.. Make,
adopt. amend and repeal bylaws for the gov
eminent of said corporation and the man.
agemeutz of its affairs: and, z. Generally
have except the executive, sole government
of said eerpo ration and the full control and
manag ement of its affairs.
ARTICLE x.
Nocontracts or agre ements on the part of
this corporation shall be valid unless duly
authorized in writing by the president:
lnzHituess whereof, the undersigned have
herennto set our hands and seals this 14th
day of January, A. D. 1895.
Executed in presence of
M. MAXWELL,
W. A. SPENCE.
BENJAMIN F. GILKISON. Seal
CHARLES WARD. [Seal.
WILLIAM E. CARRUTHERs, fseal.j
EDWARD G. BEYL, [Seal.]
FRANK E. ENCELL. LSeal.l
STATE OF MINNESOTA, L..
County of Ramsey. 81
Beit known, that on this l4th day of jan
uary.l1S95, personally came before me Ben-
iamin F. GilkisoD, Charles Ward, William E.
Carruthers. Edward G. Beyl and Frank Z.
EncelI, each TO me known TO be the person
named in, and who signed the foregoing in
strument and each in due form of law ae-
kn6Wledged that he executed the same as and
for his free act and Decd
{Notarial Seal.l ". A. SPENCE,
Notary Public. Ramsey County. Minnesota.
STATE OF MINNESOTA,
Department of State.
This is to certify that the within instrument
was flied for record in this Office on the 18th