Echo de l'ouest. [volume] (Minneapolis, Minn.) 1883-1929, 1920-03-05
ARTICLES OF INCORPORATION
THE NICOLLET HOLDING &
INVESTMENT COMPANY

THE NICOLLET HOLDING &
INVESTMENT COMPANY
KNOWN ALL MEN BY THESE
PRESENTS: That we, the under
do hereby associate ourselves
together for the purpose of forming
a corporation, under and pursuant to
the provisions Of Chapter So Of the
General Statutes Of Minnesota of 1913
and the several acts of Legislature
amendatory thereof, and for that pur-
pose and to that end do hereby adopt
and sign the following Articles of In
corporation:
The name Of the corporation shall
be The Nicollet Holding & Investment
Company.
II.
The objects and purposes for which
this corporation is formed are as
follows:
To buy, sell, mortgage, rent, impro-
We, exchange and otherwise acquire
and dispose of and deal in real pro-
perty, improved and unimproved; the
building, constructing and alter
ing of houses or other buildings
thereon and the management, develop
ment and Improvement of real pro-
perty generally.
10 make all mortgages of real pro-
perty and borrow money thereon by
mortgage OF otherwise, the loaning
money upon real property and the
taking of mortgages and the assign
ments of mortgages of the same; the
buying, selling and dealing in bonds
and loans secured by mortgages or
other liens on real property; and to
do all acts which may be necessary
for carrying out the purposes of this
corporation.
The principal place of business of
said corporation shall be in the City
of Minneapolis, Hennepin County.
Minnesota, but said corporation may
establish branch offices or business
establishments at such other place. or
places, within the United State as the
Board of Directors may determine.
Nv
The time of the commencement Of
said corporation shall be the LIST day
Of March, 1920, and shall continue for
a period of thirty years, with full
rights of renewal, as provided for bv
law.
v.
The capital stock of said corpora
ton shall be the sum of Fifty Thou
sand Dollars ($50,000.0O divided into
five hundred (5O0) shares of the par
value of One Hundred Dollars ($1O0.-
OO), which shall be subscribed for,
called, OR paid in at such times and in
such manner, in cash or property, and
in such amounts ais the Board of
Directors of said corporation shall
from time to time deem expedient.
vi.
The highest amount of Indebtedness
or liability to which said corporation
shall at any time be subject shall be
the sum of Two Million Dollars 49,
600, 000.00).
The names and places of residence
Of persons forming this corporation
are as follows:
William C. Redlin and ]. H. Sapiro,
Minneapolis, Minnesota,
I. j. Rosenberg, Milwaukee, Wiscon-
sin.
T. The government of said corporation
and the management of it's affairs
shall be vested in a Board of three 60
directors which shall be elected nj
ally by and from the stockholders of
said corporation, at the annual meet
ing thereof, as hereinafter provided.
The officers of said corporation
shall be a President, Vice-President,
Secretary and Treasurer, and such
other officers as the Board of Di-
rectors shall from time to time deem
necessary. And two Of said offices,
except that of President and Vice
President, may be held by the same
person, as the Board of Directors may
determine.
The said officers of said corporation
shall be elected at the first meeting of
the Directors of said corporation to be
held Immediately following the annual
meeting of the stockholders of said
corporation.
The annual meeting of the stock
holders of said corporation, for the
purpose of electing Directors thereof,
and for the transaction Of such other
business as may properly come before
it, shall be held at the prin-
cipal office Of the Compa-
ny, in the City Of Minnea-
polls, Hennepin County, Minnesota, on
the first Tuesday in March Of each
year, beginning with the year 1921,
and the first Board Of Directors, who
shall hold office until the first Tuesday
in March, 1921, and until their success
sors are elected and qualified, shall
consist of w. c.. Redlin, /. j. Rosen-
berg, and j. H. Sapiro, and until the
annual meeting in March 1921, W. C.
Redlin shall be President, l. j. Rosen-
berg shall be Vice-President, and j.
H. Sapiro shall be Secretary and Trea-
surer. Each stockholder of said or
~poration shall be entitled to one vote,
either in person or by written proxy,
for each share of stock held by him.
TX.
The Directors of said corporation
are authorized to fill any vacancy oc-
curing either through death or resig-
nation of the Directors of said corpo-
ration, or any of the officers thereof.
In Witness Whereof, We have here
unto set our hands and seals this 24th
day of February, 1920.
WILLIAM C. REDLIN,
/. j. ROSENBURG,
j. H. SAP1RO.
Signed, Sealed and Delivered in Pre-
sence of:
Austin O. Bergman,
Myrtle Anderson.
State of Minnesota, County Of Hen
nepin, SIS.
On this 24th day of February, 1920,