The Catholic bulletin. [volume] (St. Paul, Minn.) 1911-1995, 1916-12-23
AGATE of Incorporation
ARTICLE I.

CeruMcHte Oh incorporation
ARTICLE l.
The name of this corporation shall
be The General Machinery & Invest
for the transaction Of Pff' its business Raes
shall be the City of st. Paul, Ramsey
County, Minnesota, but it may transact
tbs IN any state or territory Of
business shall be, and il shall have
power to-
(a) Acquire, purchase hold, lease
and own, patents and patent rights
issued by the Government of the United
States or any other government, coun-
try state, kingdom or empire.
sive or otherwise, and for limited or
special territories, or generally, and
for such time or times as may be
agreed d. tprs and upon such special
to other persons or corporations, to
use, and enjoy such patents or patent
rights, and to construct, operate and
sell the articles covered and protected
by such patents.
(c) Purchase, own, hold. vote and
sell the capital stock of other corpora
tions, and to that end, to subscribe for
holder in any other corporation whetI-
er organized under the laws of the
State Of Minnesota or otherwise.
I'D Purchase, own, hold, improve.
lease and sell real estate, wherever
situated.
Cel Invest in, purchase hold and sell
personal property and chooses in action
(f) Receive and collect royalties,
franchises and rents for the manufac-
ture. sale or use. of articles protected
of the United States or any other gov
eminent, and held, owned, controlled
or enjoyed by this corporation.
(gl Manufacture any article of COM
(h) Appoint agents or attorneys in
fact, to act for 1T in casting Its vote
as a stakeholder in any corporation in
which 1t may own or hold capital stock.
ID Make loans and take as security
for such loans, real estate and chattel
mortgages or collateral securities.
ARTICLE II.
This corporation shall commence on
the 18th day Of December, 1915. and
thirty 800 years.
ARTICLE III.
The names and places Of residence
of the persons forming this corporation
Dorcey o. Dewitt, ST. Paul. Mime
sofa.
Dillon j. oBrien, St. Paul, Minnesota
ARTICLE w.
The capital stock of this corporation
shall be the sum of Fifty Thousand
a
hundred 5000 shares of the par value
OF One Hundred Dollars ($10O.00) each,
to be paid in as called for by the
Board of Directors.
ARTICLE v.
The highest amount OF Indebtedness
to which this corporation shall at any
time be subject. shall be the sum of
Ten Thousand ($1O.00o.0O) Dollars.
ARTICLE VI.
The government of this corporation
and the management of it's affairs,
shall be vested in a board of five d.
rectors who shall be elected by the
vote of the stockholders at the annual
meeting; and their term of Office shall
be one year from the date of such cleo
ton and until their SUCCESSORS are
elected and qualified.
At all meetings of stockholders, each
stockholder shall be entitled to one
vote for each share of stock held by
him, and cumulative voting shall be
allowed upon the election Of directors.
Stockholders may vote by proxy, duly
appointed In writing.
The first annual meeting shall be
held on the 5th day of February, 1917.
and thereafter the annual meetings
shall be held on the first Monday In
February In each year.
The executive officers shall consist
Of q President a Vice. President. Sec
rotary and Treasurer. any two of which
officers, except those OF President and
Vice President, may be held by the
same person. Said executive oflcefs
i y