The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-02-24
ARTICLES OF INCORPORATION
Of The Valentine Coal Binder G. Brlouetts
Comnanv

Of The Valentine Coal Binder G. Brlquetts
Company.
WE, THE UNDERSIGNED DO HERE
by associate ourselves together for the
purpose OF forming a manufacturing cor
poratlon under the provisions of chapter
state Of Minnesota for the year 1873. and
the several acts amendatory thereof and
supplemental thereof and to that end do
adopt and sign the following Articles Of
Incorporation:
ARTICLE T.
The name Of this corporation shall be
The Valentine Coal Binder & Briouette
Company; Its principal place Of business
snail be in the City of st. Paul State Of
Minnesota, and the general nature of its
business and the purposes for which # is
formed shall be that of manufacturing
only, and shall be the manufacture Of the
valentine coal binder, and Of coal and
other fuel briquettes in which such binder
is used, and the selling and marketing Of
such products so manufactured by said
corporation.
ARTICLE II.
The time Of the commencement of this
corporation shall be the First day of
March, 1904, and the period Of continuance
of the corporation shall be thirty years.
ARTICLE III.
The amount Of the capital stock Of the
corporation shall be one million q. 600 ,OO05
dollars, to be paid in at such times and
In such manner as the Board of Direc-
tors shall direct, or as may be prescribed
by the bylaws.
ARTICLE w.
:, me highest amount of Indebtedness or
liability to which the corporation shall at
any time be subject shall be five hundred
thousand dollars.
ARTICLE "
The names and places of residence of
me persons forming the association for
Incorporation are as follows: William
valentine, st. Paul, Minnesota; b. F.
Iatta. st. Paul, Minnesota, and George
Bealz, st. Paul. Minnesota.
ARTICLE vi.
The, names Of the persons forming the
nISt BOARD of directors are as follows:
William Valentine, B. z. Latta and
George BeaIz.
The government of the corporation and
the management Of it's affairs shall be
vested in a board of not less than three
CD nor more than five directors, as shall
be provided by the bylaws Of the cor
poTaton, SAID board to consist of three
persons until such provision is made for
hVe directors The directors shall choose
one of their number to be president and
vice president, and also shall choose a
secretary ard treasurer, and shall choose
such other officers as the bylaws shall
prescribe. Any two of said officers
excepting that Of president and vice pres
1dent may be held by the same person
The powers and duties of the officers Of
said corporation shall be such as may be
defined by the bylaws.
The directors shall be stockholders Of
said corporation and shall be elected at
the annual meeting of the stockholders of
March of eaeh an and eTeT sf IeaT o OF
mencing with the year 1904, and the of
ficers shall be elected by the directors at
an annual meeting to be held on the same
day Immediately after the adjournment
of the annual meeting of the stockholders.
ARTICLE VII.
The capital stock Of the corporation
shall be divided into ten thousand shares
Of one hundred 600 dollars each.
In witness whereof we have hereunto
set our hands and seals this goth day Of
February, A. d. 1904
WIN. VALENTINE (SeaL)
B. F. LATTA (SeaI)
GEORGE BEALZ (SeaL)
Signed, sealed and delivered in presence
Edwin NJ. Parish
Henry Neff