Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-12-31
INCORPORATION.
Articles Of Incorporation.
ARTICLE /.

| ..&s7 ! + Z al
| The name Of this corporal on shall be The Lake
superior and Red River Valley Railroad Company
object and the general nature of its business
Is me surveying, locating, building and construction
line between the State of Minnesota and the Site o1
Wisconsin, al some feasible point in township No
i4S OF range l5 west of the fourth principal merd
ian, in general enthusiastically direction. bv the
most feasible route by way of the mouth Of the
Cloquet river in st. Louis county, Lake Whine.
goshish, Cass lake and Leach lake. in Cass and
ltasca counties, and Red Lake Falls and Crookston
ee seean N OF or FoR
Mlnnesota and all such side-tracks, urn-outs depot
grounds, depots, warehouses, elevators, machine
shops and car manufactures and other appendages
as 1t may deem suitable and convenient for the use
and operation of said railroad, and the operation
thereof IN receiving, storing and shipping freight,
over said railroad.
.s: ARTICLE II. ~
The time Of commencement of said CORPORATION
snail be the thirteth day of December, 1879 and the
period for the continuance of the same shall be ftv
years.
@-t. ARTICLE III.
The principal place of transactine the business of
said corporation shall be the city Of Croohston. in
the county of Polk, in the State of Minnesota.
ARTICLE ~.
The amount Of capital stock of said corporation
W .Aso A1AAaAAoA uo4A1ej WHICH, eu&ll % PAID In
such installments as the board of directors shall
from time to time determine, no instal]ment to ex-
ceed ten per centum, nor shall assessments therefor
% made ottener than once in thirty days.
The highest amount of indebtedness or liability to
which said corporation shall at any time be subject
is three million dollars.
81 ARTICLE VI.
The names and places Of residence of the persons
forming such association for incorporation. are
Morris r. Brown, Thomas G. Shapleigh, Frank
Ives, John Frederick, Arthur Yoernault, George
Croker, E. B. Ellsworth and William M. Ross. of
Polk county. Minnesota, James Barden and Irwin
Gates OF the county Of Douglass, in the State Of
Wiseonsin, and Isaiah aervats of Red Lake rails,
Polk county, Minnesota.
ARTICLE VII.
The names of the first board of directors of said
corporation are Morris r. Brown, Thomas G. Shap-
leigh, Frank Ives, John Frederick, Arthur Yoer-
nault, George Croker E. B. Ellsworth, William NJ.
James Barden and irwin ". Gates of t6e
county of Douglass, in the State Of Wisconsin.
The government Of this corporation and the man
agement of its affairs shall be in the board of
than eleven In numbe:, and who shall be elected by
ballot by the stockholders annually, 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
tor the purpose Of the first organization of such
board said officers shall be elected by the present
board OF directors, on the 3Oh day of December 1872
ARTICLE VIII.
The number and amount of the shares in the
capital stock Of said corporation shall be one hum
dred thousand shares Of fifty dollars each.
In witness whereof we have hereunto set our
Signed and sealed in presence of
JOHN MCLEAN,