The Saint Paul globe., 1900-06-04


purpose Of becoming corporation, under
and by virtue of the laws Of the State of
Minnesota, and do hereby adopt and sign
the following articles Of Incorporation:
ARTICLE L
The name Of this Corporation shall be
Inc Montrose Company.
The general nature Of the business of
the corporation shall be buying, owning,
improving, selling. leasing and dealing in
lands, tenementS, and hereditaments
real mixed and personal estate and prop
erty; and building, buying, selling, leas-
ing and operating apartment houses.
The principal place of transacting said
business shall be st. Paul. Minnesota.
ARTICLE II
Said corporation shall commence on the
fifth day of June 1900 and the period of
its continuance shall be thirty years.
ARTICLE III
The amount of the capital stock of
said corporation shall be Thirty-Five
Thousand Dollars G35,OOO, and shall be
divided into $50 shares. of One Hundred
Dollars ($lOO) each, and issued and paid
in as the Board of Directors of said cor
poration shall determine.
ARTICLE ".
The highest amount of indebtedness or
liability to which said corporation shall
at any time be subject shall be Twenty
Thousand Dollars ($20,000)
ARTICLE V.
ne ndLHeS anu the places or residence
Of the persons forming said associa ton
for Incorporation are as follows: Edwin
M Ware, George B. Ware and Howard
+. Ware all residing at st. Paul. Min
nesota.
ARTICLE VI.
The government of this corporation and
the management of it's business and affairs
shall be vested in a board Of three di-
rectors, which board shall have power
among other things to borrow money
time OP
poralcn, and to cause to be executed by
the proper officers of the corporal ton its
note or notes therefor, and a good and
sufhclent mortgage or mortgages upon
any or all of the property of the corpora
tion, to secure the payment thereof, upon
such terms and conditions as to said
poarq % shaII seem best. Said board shall
De elected annually, by and from the
stockholders of said corporation at each
annual meeting thereof, which shall he
held on the hrst Monday in each and
every year, at the principal office of said
corporation in st. Paul, Minnesota
Said directors shall hold office for one
year, or until their successors are elect
The annual meeting Of the Board of Di
rectors of this corpora tion shall be held
at its principal office in St Paul imrne-
dlately after the adjournment of each
annual meeting of said stockholders
The first Board of Directors shall con
slst OF EdWn M: Ware, George B. Ware
ana ana HOWARD t% 1{ f Ware. who shall hold Of
NC uiIlAl lllO d1lIludl meeting OF the
poratlon for the year 1901, or until their
successors are elected in their stead
ARTICLE VII.
The officers of the corporation snau he
preslaent, wee president, secretary and
a treasurer, who shall be elected bv the
Board of Directors, at each annual meet
ing thereof, and shall hold office for one
year, or until their successors are elected
in their stead. They shall perform such
duties and have such powers as are in
cident to their respective fices or az
the bylaws Of the corporation shall pre-
scribe The Office of secretary and 10.
urer may be held by the same nerson
The first officers Of the corporation shall
President, Edwin M. Ware.
Vice president. George B. Ware
Secretary and Treasurer, Howard p
Ware L
And they shall hold office until the an
for the year 1901, or until their success.
sors are elected in their stead.
Special meetings Of said Beard of Di
rectors or stockholders may be held at
such times and under such rules as the
bylaws Of the corporation may prescribe
and. until such time as suitable bv-Ia wa
are adopted. special meetings Of said
Board Of Directors may be held at anV
time upon one days written notice given
personally to each member thereof Nv
the secretary Of the corporation, ami
special meetings of the stockholders mar
be held at any time. upon ten davs' writ
ten notice thereof. served personally ON
each stockholder, or by mailing to sucn
stOckholder. at his last known address
a coDv of such notice. at least ten days
before the date of such meeting
In witness whereof we have hereunto
set our hands and seals this 24th day of
May 1900 u
EDWIN NJ. WARE. (SeaIO
GEORGE B. WARE. (SeaI1
HOWARD 2. WARE. (Seai1
In presence of
Geo. w. Markham,
Edward A. Knapp.