Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-12-26
1NCoRPoRAT1oN.
Articles Of Incorporation.

The name Of this corporal on shall be The Lake
Superior and Red River Valley Railroad Com papy,
sndits object and the general nature of Its business
tsthe surveying, locating building and construction
OF Jingle or double track railroad from the State
line between the State Of Minnesota and the St of
Wis ronsn, at some feasible point in township No.
ian, iii general northwestward'y direction BY the
most feasible route by way Of the mouth Of the
Cloquet river In st. Louis county, Lake Winnie
aRa LAKE, IN Cas- snd
In Polk county, to Red River Of the North In or near
township No u Of range -, in said county Of Polk,
Minnesota; and al such sidetracks; turn-outs depot
grounds, depots, warehouses, elevators machine
shops and Car manufactures and other appendsges
as It may deem suitable and convenient for the
aud operation Of said railroad, and the operation
thereof in receiving, storing and shipping freight
and in the transportation Of passengers and freight
over said lairoad. ~ . - > q
ARTICLE H.. e.ssr fzsz
The time Of commencement Of said corporation
shall be the thireth day Of December 1872 and the
period for the continuance of the same shall be fifty
years. e r. ..t -, ,,ss. ,,..s.z.s 3@
The principal place of transacting the business of
said corporation shall be the city Of Croosstop in
the county Of Polk, in, the State Of Minnesota. y.
7 r. 5s1< p ARTICLE ". 81 -. .rS2. /
The amount OF capital stock Of said corporation
shall be i've million dollars, which shall be paid In
such installments as the board OF directors shall
from time to Tune determine, no installment to ex-
coed ten per centum, nor shall assessments therefor
be made oftener than once in thirty days. .a i
ARTICLE v.
The highest amount Of indebtedness liability
which said corporation shal' at any Time be subject
Is three million dollars.
f. t5a !. ARTICLE VI.
The names and places Of residence of the persons
forming such association for incorporation. are
Morris R, Brown, Thomas @. Shapleigh, Frank
Ives, Jehn Frederick, Arthur Yoernault, George
Crocker, Il. B. Ellsworth and William NJ Ross, Of
Polk county. Minnesota, James Barclew and I win
W. Gates of the county of Douglass iii the State of
Wisconsin, and Isaiah Gervais of Red Lake Falls
Polk county, Minnesota.
ARTICLE VII. .1..-~i
The names Of the arst board Of directors Of said
corporation are MOrr 9 r. Brown, Thomas O.. Shap-
leigh, Frank Ives, John FreiderIeh, Arthur Yoer-
nsult, George Crocker, =. B. Ellsworth. William NJ.
and James Barclew and Irwin W. Gates of the
county of Douglass, in the State Of Wisconsin IA
+ The government Of this corporation and the man.
agement of its affairs shall be ed in the board of
than eleven In numbe and who shall he elected by
ballot by the stockholders annually, the first
Tuesday In June In each year and president, vice
presiden secretary and treasurer shall be elected
annually by the board Of directors, provided that
for the purpose Of the, hrst organization Of such
board said officers shall be elected by the present
board Of directors, the 3Oh day Of December 1870
q ss-..-,- ARTICLE VIII. ,gsn.zgs
The number and amount of the shares in the
capital stock Of said corporation shall be one hun
dred thousand shares Of fifty dollars each. 4
In witness whereof We have hereunto set our
hands and seals this 9Th day Of December, 1879.
Signed and sealed in presence Of
JOHN McLEAN, !!