Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-03-07
ARTICLES OF INCORPORATION;

The name of this Corporation shall be the Mime
sofa western Air Line Railroad Company, and the
object and the general nature Of its business is the
surveying, building locating and constructing of
single or double track railroad from some point on
the Northern Pacific Railroad in the County Of Otter
Tall State Of Minnesota by the way Of the Village Of
Alexandria, In the County of Douglas, Willmar, in
the County of Kandiyoh, and Window, in the County
OF Cottonwood, and thence to some point on the
southern boundary of the State in or near jackson
county; and all such sde-tracks, turn outs, depot
grounds, depots, warehouses; elevators, machine
shops, car manufactures and other appendences
as it may deem suitable or convenient for
the use and operation of said railroad and
the operation thereof in receiving, storing and
shipping FREIGHT and in the transportation of passen-
gers and freight over said railroad. The principal
place Of transactng the business of said corporation
is at Willmar, in the county of Kandyohi State of
Minnesota.
ARTICLE TWO.
The time Of commencement of said corporation
shall be the third day of March. 1879 and the period
Tor the continuance of said corporation is fifty
ARTICLE THREE
The amount of capital stock of said corporation
shall be three million dollars (S3OO0, 0OO), which
shall be paid in such 1nstallments as the Board of
Directors shall from time to time determine, no in
stallment to exceed ten per centnm, shall
ments therefor be made more than once in thirty
days.
ARTICLE FOUR.
The highest amount of Indebtedness or liability to
which the said corporation shall at any time be sub
ject Is SS0O0,00O) Three Million Dollars.
ARTICLE FIVE.
The names and places Of residence of the persons
forming such association for incorporation are as
follows, A.. A: Brown and J. B. Cowing, of Doug
Las county; A. 3. Rice and E. Raison of Kandiyohi
county; A. McCrea and M. Anderson, of Otter Tail
county; Ole Peterson; j. G.. Whitternore and O. n.
Barness, of Pope county; Edward LARSEN, of Swift
county; A. D. Perkins, of Cottonwood county j. f.
GoodseD, of Mower county; X. n. Helling, of Brown
county; and j. W. Cowing of jackson county all of
the State of Minnesota.
ARTICLE SIX.
The names of the first Board of Directors of said
corporation are A. A. Brown and j. B. Cowing, of
Douglas county; A. E. Rice and e. Railson, of Kan
diyohi county; A. McCrea and M. Anderson Of Otter
Tail county Oe Peterson, j. g. Whittemore and o. N
Barsness of Pope county; Edward LARSEN, Swift
county; A. D. Perkins, of Cottonwood county; j. f..
Goodsell, of Mower county; K II. Hellblg, Of Brown
county; and j. w. Cowing of jackson coun ty all of
the State of Minnesota.
The government Of this corporation and the
management of its affairs shall be vested in Board
of Directors, to consist of not less than seven MOI
more than fifteen in number, and who shall be
elected by ballot by the stockholders annually on
the first Tuesday in May in each year, and pres-
dent vice president secretary and treasurer shall be
elected annually by the Board of Directors at the
first meeting thereof after the annual ele ction OF
Directors, provided that for the purpose Of the first
organization of such board such officers shall be
elected by the present Board Of Directors
ARTICLE SEVEN.
The number and amount of shares in capital stoch
of said corporation shall be thirty thousand $50 600
shares of one hundred dollars each (S1OO.)
In witness whereof we have hereunto set our hands