The Saint Paul globe., 1903-03-26
Articles OF Incorporation OF The Schlm-
per Coal erlauette Company.

We. the undersigned. under and by vir-
Tue or the provisions of Title TWO t2). OF
Chapter Thirty four (3D. Of the General
Statutes OF the state Of Minnesota and
the several acts amendatOry thereon and
supplemental thereto. do hereby associate
ourselves into a corporation, for the pur-
pose hereinafter named and do hereby
adopt the following Articles of IucorpO-
ration and Association.
!. Ihe name of this Cooperation shall
be The Schimper Coal BriQuctte Com
pany. its principal place OF business shall
be the city of st Paul. State of Min
nesota. The general nature of the busi-
ness and the purposes for which this Cor
poration is formed shall be that of man
uIacturlng only and shall bc the manu-
facture of The Schimpcr Coal Binder and
OF coal and other fuel BriQuettcs ia which
such Binder shall be used or form "a part
and the machinery necessary iOr that
purpose. and the selling and MAJ kcting
or such products 50 manufactured by said
Corporation.
,. The time of the commencement OF
this Corporation shall be the 10Th day Of
April, a. ID 1908, and the period of tho
continuance OF such corporation shall DO
thirty 800 years
3. The amount of the Capital stock OF
said Corporation shall be One Million dol
lars $1,000, 000). but the corporation may
commence business when five hundred
thousand dollars ($5OO.OOO) 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
4. The highest amount of indebtedness
or liability to which said Corporation
snail at any time be subject shall be ono
Million Dollars 1000 .0O0).
3. The names and places Of residence
of the persons forming such association
Tor Incorporation are as follows:
Rudolph j. Schmper Saint Paul, Minne-
sofa
Henry C. Ferguson. Saint Paul, Min
neSota
Frank II. 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 Di-
rectors are as follows: Rudolph j. Schim-
per. Henry G. Ferguson. Frank If. Muir
! prey.
The Government of the Corporation AMI
| the management of It's affairs shall be
! vested in a Board of not less than five
| S5) 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
az the Office or said corporation i'm Saint
I&I. 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
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
Directors shall be held at the Office OF tho
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 Corporal ton shall be a President Il
First Vice President. n Second Vice Pres
tdent. n 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 Cri T.. Lam
prey in the Gifllan Block. In said Saint
Paul. at ten a. m. ON the 10th 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 hlied by the SAID Board OF DIRECTORS
for the unexDired 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
may be prescribed by such Bylaws to
be adopted by the Stockholders at theic
first annual meeting or at any meeting
called for that purpose; and the same
shall be changed or modified only by tho
Stockholders at 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 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.
z. The Capital Stock Of said Corpora
tion shall be divided into ten thousand
100000 shares of One Hundred (Sl0OJ
Dollars each.
In witness whereof we have hcreunto
set our hands and seals this Ninth day
of March. A. -. 1903.
RUDOLPH J. SCHIMPER CSeaL)
HENRY G. FERGUSON tSeaID
FRANK H. MURRAY (SeaLj
II. G. FERGUSON JR. (SealD
Uri l.. LAMPREY (SeaI)
Signed, sealed and delivered in pres