The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-02-25
ARTICLES OF INCORPORATION


Of The Valentine Coal Binder & Etiquette
Company.
WE, THE UNDERSIGNED, DO HERE
by associate ourselves together for the
purpose or forming manufacturing cor
pofat1on under the provisions of chapter
eleven I'D Of the General Laws of the
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 l..
me Valentine Coal Binder & Briquette
Company. Its principal place of business
shall be in the City of st. Paul, State of
Minnesota, and the general nature of its
business and the purposes for which it is
formed shall be that of manufacturing
only, and shall be the manufacture of the
N valentine sIrt, 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
or the corporation shall be thirty years.
ARTICLE III.
The amount of the capital stock of the
corporation shall be one million (1,O0O, 0O0)
dollars, TO be paid in at such times and
IN sucn manner as the Board of Direc-
tors shall direct, or as may be prescribed
by the bylaws.
ARTICLE ".
The highest amount of indebtedness or
any time be subject shall be five hundred
thousand dollars.
ARTICLE v.
The names and places of residence of
the persons forming the association for
Incorporation Inc orr are as follows: William
nj Aix1N n
Latta, St Paul, Minnesota. and George
Bealz. st. Paul. Minnesota.
ARTICLE VI.
me names of the persons forming the
nrst board of directors are as follows:
Wllam Valentine, B. F. Latta and
| The government of the corporation and
the management Of its affairs shall be
vested in board Of not less than three
| (S) nor more than five directors, as shall
| be provided by. the bylaws of the cor
poratlon, said board to consist of three
persons until such provision is made for
| fVe 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
SreIcr G5ner 3f1lcers as the bylaws shall
excepting that of president and vice pres
ldent 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 corporation ION the first Tuesday of
March of each and every year. COM
mencing With-the year 1904, and the Of
tcers 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
In witness whereof We have eai hereunto
set our hands and seals this 10th day OF
VIM. VALENTINE (seal)
B. F. LATTA (SeaI1
GEORGE BEALZ (SeaI.)
Signed sealed and delivered in presence
Edwin NJ Parish,
Henry Neff.
STATE OF MINNESOTA. COUNTY OF
RamSey--SS.
On this goth day of February. 1904 be-
fore me, a notary public within said
| County and State personally appeared
| William Valentine, b. F. Latta and George
Bealz, to me known to be the persons de-
| going instrument, and each severaliy
acknowledged that he executed the same
as his free act and deed.
(Notarial Seal.) Notary Public.
Ramsey County. Minnesota
STATE OF MINNESOTA, DEPART
ment of State.
| 1 hereby certify that the within instru-
| ment was fled for record in this Office
| on the 2Sd day of February A. d. 1904
| at IL o'clock a. M. and was duly re-
corded in Book H3 Of interpretations al
Page -.
P E. HANSON,
| Secretary of State.
STATE OF MINNESOTA, COUNTY or
| Ramsey-Ss.
Office of the Register of Deeds.
This is to certify that the within in.
strument was filed for record in this office
| at st. Paul, on the 23d day of February
| A. ID. 1904, at 11:15 o'clock a. M, and that
| the same was recorded in Book l. Of In.
| corporations at Page -
NJ. W. FITZGERALD.
Register of Deeds.