The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-03-12
Articles of Incorporation of The schim-
per Coal eriuuette companv.

per Coal Briquette Company.
We. the undersigned. under and by vir-
Tue OF the provisions of Title two o. OF
Chapter ThirtyfOur (34, of the General
statutes of the State of Minnesota and
the several acts amendatory thereof and
supplemental thereto, do hereby associate
ourselves INTO corporation, for the pur-
pose hereinafter named. and do hereby
adopt the following Articles of Incorpo-
ration and Association.
l. The name of this CORPORATION shall
pc The Schimper Coal Briquette Com
pany; ITS principal place of business shall
be the City of st. Paul. State of Min
nesota. The general nature OF sthe bust
ness and the purposes for which this Cor
poratlon is formed shall be that of man
ufacturlng only and shall be the manu-
1acture of The Schimper Coal Binder and
or coal and other fuel Briquettes in which
such BINDER shall be used form part
ana the machinery necessary for that
purpose, and the selling and marketing
OF Ga such products so manufactured by said
2. The time Of the commencement NJ
this corporation shall be the goth day OF
April. A. ID. 1903 and the period of tho
continuance of such corporation shall be-
thirty 900 years.
B.. The amount OF the Capital Stock OF
said Corporation shall be One Million dol
ldrS vi OOo'QOO), but the corporation may
commence business when five hundred
thousand dollars C$5OO,O or more shall
nave been subscribed for and paid for
IN full, and the balance of said Capital
stock shall be paid in in full when sub
l. The highest amount OF Indebtedness
or liability to which said Corpora ton
shall at any time be subject shall be One
Million Dollars ISL 900, 000).
D. The names and places of residence
OF the persons forming such association
Tor lncorporatl ton are follows:
rudolph j. Schimper, Saint Paul, MINES
Henry C. Ferguson. Saint Paul. Mln-
Frank H. Murray Saint Paul, MINES
sofa.
Henry C. Ferguson Jr.. Saint Paul. Min-
Un l. Lamprey, Saint Paul. MINES
sofa.
6. The names Of the first Board Of DE-
rectors are as follows Rudolph j. Schim-
per. Henry G. Ferguson, Frank II. Mur-
ray. Henry c. Ferguson Jr.. Uri l.. Lam-
The Government of the Corporation and
the management of its affairs shall be-
vested in Board of not less than five
| 90 Directors who shall be elected annual
] ly by and from the Stockholders of said
| Corporation at each annual meeting
thereof. which meeting shall be held at
ten O'Clock In the forenoon on the first
tuesday of April of each and every year
at the office of said corporation in Saint
shall hold his office for the term of one
year and until his successor shall have
been elected and qualified; except that
each of said first Board of Directors
shall hold office until the annual meeting
in 1904 and until his successor is elected
and qualified. meeting OF the Board OF
Corporation in said Saint Paul immedi-
ately after the adjournment of each an
nual meeting of the stockholders of said
Corporation.
Vacancies In the Board of Directors
may be filed by the remaining members
at any meeting: regular or SPECIAL, of
the Board of Directors. The officers OF
this Corporation shall be a President. a
First Vice President. a Second Vice Pres
1dent, Secretary and Treasurer. But
the office Of Secretary and Treasurer may
be held by the same person. Such off,
GERS shall be elected by the first Board OF
Directors at their first meeting. which
prey in the Gilfillan Block. in said Saint
Paul, at ten a. m. on the 20th day OF
April. 1903. and thereafter by the Board
OF Directors at the first meeting after
the annual meeting of the Stockholders
in each year.
And the officers first elected shall hold
office until the first annual meeting and
until their successors are elected and
qualified. and thereafter said officers shall
hold office for one year and until their
successors are elected and qualified. and
any vacancy in any of said offices shall
be filled by the said Board of Directors
for the uneXpired term thereof. Such
officers shall perform such duties and have
such powers as the Bylaws of said Corr
poration shall prescribe.
Special meetings of the Stockholders and
Of its Board of Directors may be held
at such times and under such rules as
may be prescribed by such Bylaws to
be adopted by the Stockholders at their
called for that purpose; and the same
shall be changed or modified only by the
Stockholders at a regular meeting at
a meeting called for that purpose. but
the first Board of Directors may adopt
Bylaws which shall continue in forge
until Bylaws shall have been adopted
by the Stockholders.
The Board of Directors shall have pow
er and authority to prescribe the duties
of. and to suspend or remove each. either
or every officer of said Corporation by a
majority vote of said Board.
7. The Capital Stock of said Corpora
ton shall be divided into ten thousand
100000 shares of One Hundred (S1OO
Dollars each.
In witness whereof we have hereunto
set our hands and seals this Ninth day
of March. A. D. 1903.
RUDOLPH ]. SCHIMPER (SeaL)
HENRY G. FERGUSON (SeaL)
FRANK H MURRAY (SeaL)
III. c. FERGUSON JR. (SeaL)
Uri l.. LAMPREY (SeaL)
Signed, sealed and delivered in pres
eH M 81 C. futile.
John G. Kohl