Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-12-28
INCORPORATION.
Articles Of INCORPORATION.
ARTICLE I.

The name of this corporation shall be The Lake
Superior and Red River Valley Railroad Company
and its object and the general nature of its business
is the surveying locating building and construction
of Jingle or double track railroad, from the State
line between the State of Minnesota and the State of
Wis consin, at some feasible point in township No
14S of range Is, west of the fourth principal merd
ian, III general enthusiastically direction, by the
most feasible route by way of the mouth of the
goshish, Cass lake and Leach lake, in Cass and
Itasca counties, and Red Lake Falls and Crookston
In Polk county, to Red River of the North in or near
township No. IA of range 40, in said county OF Polk
Minnesota; and all such sdetracks, tur11-outs depot
grounds, depots, warehouses, elevators, machine
shops and car manufactures and other appendages
as it may deem suitable and convenient for the use
and operation of said railroad, and the operation
thereof in receiving storing and shipping freight,
and IN the transportation of passengers and freight
over said Iailroad.
ARTICLE H.
The time of commencement of said corporation
shall be the thrtleth day of December 1879 and the
period for the continuance of the same shall be fifty
years.
ARTICLE III.
The principal place OF transactng the business of
said corporation shall be the city Of Crookston in
the county of Polk, in the State of Minnesota.
ARTICLE ~.
The amount of capital stock of said corporation
shall be five million dollars, which shall be paid in
such installments the board of directors shall
coed ten per centum, shall assessments therefor
be made oftener than once in thirty days.
ARTICLE v.
The highest amount of Indebtedness or liability to
which said corporation shall at any time be subject
is three million dollars.
ARTICLE VI.
The names and places of residence of the persons
forming such association for incorporation. are
Morris r. Brown, Thomas O. Shapleiph Frank
Ives, Jehn Frederick, Arthur Yoernault, George
Crocker, e. B. Ellsworth and William M. Ross, Of
Polk county: Minnesota, James Barclew and Lwin
W. Gates OF the county of Douglass in the State of
Wisconsin, and Isaiah Gervais of Red Lake Falls
Polk county, Minnesota.
ARTICLE VII:
The names of the first board of directors Of said
corporation are Morr r. Brown, Thomas O. Shar,-
leigh. Frank Ives, John Frederick, Arthur Yoer-
nault George Croker, E. B. Ellsworth, william M.
Ross and Isaiah Gervais of Polk county, Minnesota
and James Barclew and Irwin W. Gates of the
county of Douglass, in the State of Wisconsin.
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 be elected by
ballot by the stockholders annually, on the first
Tuesday In June in each year and president, vice
president secretary and treasurer shall be elected
annually by the board 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 on the 30h day of December 1872
ARTICLE VIII.
The number and amount of the shares in the
capital stock of said corporation shall be one hun
bred thousand shares of fifty dollars each.
hands and seals this 5th day Of December, SCI 1879.
Signed and sealed in presence of
JOHN MCLEAN,