Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-03-04
ARTICLES OF INCORPORATION !:
ARTICLE ONE.

The name of this corporation shall lie the Saint
Cloud, Fort Rdgley Fort Dodge Railroad Com.
pany, and Its object and the general nature Of its
business Is the surveying locating, building and con-
structon of single or double track railroad, with
more branches, from the city Of Saint Cloud,
in the county Of searps and State Of Minnesota BY
the way of Litchield in the county of Meeker,
State of Minnesota; Hector and Fort Ridgley in the
county Of Renville State of Minnesota; Sleepy Eye
in the county of Brown, State of Minnesota; st.
sota and Fairmont, in the county Of Martini State
of Minnesota; thence In southerly direction to the
south boundary line Of the State of Minnesota at or
near Tenhassen, in Martin county, Minnesota all in
the State of Minnesota. And all such side tracks,
t,rnouts, depot grounds, depots, warehouses, ele-
other appendages as it may deem suitable or con-
yenient 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 prncipa! place Of transacting the business of
said corporation is Ltchhed in the county OF Meeker
ARTICLE TWO.
The time of commencement Of said corporation
shall be the Twenty coz day of February, A.
D. 1S79 and the period for the continuance of said
corporation is fifty (5o) years.
ARTICLE THREE.
The amount Of capital stock of said corporation
shall be Three Millions of Dollars, which shell be
paid in such installments the Board of Directors
shall from time to time determine, no installmen to
exceed ten Q0) per centum, shall assessments
therefor be made oftener than once in thirty (3O)
days.
ARTICLE -FOUR.
The highest amount Of Indebtedness or liabilities
to which the said corporation shall at any time be
subject is Three Millions of Dollars.
ARTICLE FIVE.
The names and places of residence of the persons
forming such association for Incorporation are G. A.
Gilman and j. R. Howard, of Stearns county; Ed
mond O'Hara and J. NJ. Bowler, of Renville county;
W. 7. Bonniwell, J. G.. Riebe, J. @. Edison and A.
u. Reed OF Mcleod county; &. Il. Heiling, of
Brown county; Theo. Lambert and Geo. P. John
ston, Of Watonwan county; Thos. Bohan of Blue
Earth county; NJ. E. L, Shanks, of Martin county;
e. R. Denny, of Carver county, and ". B. Lutz, of
Wabashaw county, all of Minnesota.
ARTICLE SIX.
The names of the first Board of Directors of said
corporation are G. A. Gilman and j. r. Howard, of
Stearns connty W. T. Bonniweu, J.. G. Riebe, j. G.
Edison and A. 81. Reed, of Mcleod comfy; J. NJ.
Bowler and Edmond O'Hara, of Renville county: K
Geo. P. Johnston, of Watonwan county; Thos.
Bohan, Of Blue Earth county; NJ. E. L. Shanks of
Martin n county; h. r. Denny Carver county, and W.
The government Of this corporation and the man
agement of its affairs shall be vested in the Board
OF Directors, to consist of not less than seven M nor
more than fifteen Q5) in number, and who shall be
elected by ballot by the stockholders annually on
the second Tuesday Of June in each year. and pres
ident vice president, secretary and treasurer to be
elected annually by the Board of Directors at the
first meeting thereof after the annual election of
Directors, provided that for the purpose of the first
organization of such Board, said officers shall be
elected by the present Board of Directors.
ARTICLE SEVEN.
The number and amount of the shares in the cap
tal stock of said corporation shall be thirty thous-
and 100000 shares Of one hundred (1OO) dollars
each.
In witness whereof we hereunto set our hands
and seals, this REIMBURSEMENT day of February,
A. D. 1879.