The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-02
Articles Of Incorporation Of The SchIm-
per Coal RrIuuette Comnanx.

'aNSAlS
We, the undersigned, under and by vir-
tue OF the provisions of Title two CD, Of
Chapter Thirty-four (34), of the General
statutes of the State of Minnesota and
supplemental thereto, do hereby associate
ourselves into a corporation, for the pur-
pose hereinafter named. and do hereby
ration and Association.
!. Inc name of this Corporation shall
De The Sch1mper Coal Briquette Com
pany; Its principal place of business shall
be the City of st. Paul. State of Min
nesota. The general nature of the bust
ness and the purposes for which this Cor
poration is formed shall be that of man
ufactur1ng only and shall be the manu-
facture OF The Schimper Coal Binder and
of coal and other fuel Briquettes in which
such BINDER shall be used or form a part.
and the machinery necessary for that
purpose, and the selling and marketing
OF SUCH products so manufactured by said
this corporation shall be the Goth day Of
April, A. d. 1903, and the period of the
contlnuance of such corporation shall be
3. The amount of the Capital Stock Of
said Corporation shall be One Million dol
lars ($l,OO0, 00O), but the corporation may
thousand dollars $500, 0OO) or more shall
have been subscribed for and paid for
IN full, and the balance of said Capital
STOCK shall be paid in in full when sub
A. The highest amount of indebtedness
or liability to which said Corporation
shall at any time be subject shall be One
Million Dollars ($1, 900, 000).
o. Inc names and places of residence
OF the persons forming such association
TOT incorporation are as follows:
Rudolph j. Schimper, Saint Paul, Mime
sofa.
Henry c. Ferguson, ain Paul, Min
nesota.
Frank H. Murray. Saint Paul, Mime
sofa.
Henry c. Ferguson Jr.. Saint Paul, Min
nesota.
Uri l. Lamprey, Saint Paul, Mime
sofa.
6. The names of the first Board of Dr.
rectorS are as follows: Rudolph j. Schim-
per, Henry G. Ferguson, Frank H. Muir
prey.
The Government Of the Corporation and
vested in a Board of not less than five
90 Directors who shall be elected annual
~ by and from the Stockholders of said
Sorporation at each annual meeting
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
Paul, Minnesota. Each of said Directors
shall hold his office for the term OF one
year and until his successor shall have
been elected and qualified; except that
Shall hold office until the annual meeting
in 1904 and until his successor is elected
and qualified. A meeting of the Board Of
Directors shall be held at the office of the
Corporation In said Saint Pau 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
First Vice President, a Second Vice Pres
ident, a 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
shall be held at the office of Uri l.. Lam
prey in the Gilfllan Block. in said Saint
Paul. at ten a. m. on the goth 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
qualified, and thereafter sal 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 filed 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 Cor
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
@@SJ ~ 1871 10SA ~ oASAA ~ ANNS ~
be adopted by the Stockholders at their
first annua meeting or at any meeting
called for that purpose; and the same
shall be changed or modified only by the
Stockholders at a regular meeting or at
a meeting called for that purpose, but
the first Board of Directors may adopt
Bylaws which shall continue In force
until Bylaws shall have been adopted
by the stockholders.
The Board Of Directors shall nave 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.
Z 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 c. FERGUSON (Seal.)
FRANK H. MURRAY (Seal.)
H. c. FERGUSON JR. (Seal.)
Uri L. LAMPREY Seal
Signed, sealed and delivered in pres
ence of
NJ. c. Tuttle,
.John {. Kohl.