Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-12-30
INCORPORATION.
Articles Of Incorporation.
ARTloLE, I.

4 :
The name Of this corporst on shall be The Lake
andits object and the general nature Of ito business
is tho surveying, locating building and construction
ct fi1gls or double track railroad from the State
Wisconsin, ct some feasible point in township No.
l48 Of range is, west Of the fourth principal merd
ian, III general northwestwardly direction, by the
most feasible route by way Of the mouth Of the
Cloquet river In st. Louis county, Lake Winnie
.goshish, Cass lake and Leach lake, In Cass and
1tasca counties, and Red Lake Falls and Crookston
In Polk county to Red River Of the North in near
township No. ~ Of range 40, in said county Of Polk
Minnesota; and all such sidetracks, turn-outs depot
grounds, depots, warehouses, elevators, machine
shops and car manufactures and other appendages
and operation of said railroad, and the operation
thereof 10 receiving, storing and shipping freight
and In the transportation Of passengers and freight
over said railroad.
ARTICLE II.
The time Of commencement Of said CORPORATION
shall be the thireth day Of December, 1879, and the
period for the continuance Of the same shall be fifty
years. 1st
ARTICLE III.
The principal place Of transactng 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
shall be five million dollars, which shall be paid in
such installments as the board of directors shall
from time to time determine, no installment to ex-
coed ten per centnm, nor 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
Morris R. Brown, Thomas c. Shspeigh. Frank
Ives, John Frederick, Arthur Yoernault, George
Croker, e. B. Ellsworth and William M. Ross. Of
Polk county, Minnesota James Barden and Irwin
W. Gates of the county of Douglass in the State Of
Wisconsin, and isaiah Gervais of Red Lake Falls,
Polk county, Minnesota. f-r
ARTICLE VII. -
The names of the first board of directors of said
corporation are Morris R. Brown, Thomas @. Shap-
leigh, Frank Ives, john Frederick, Arthur Yoer-
nault George Croker, E. B. Ellsworth, william NJ.
Ross and Isaiah Gervais of Polk county, Minnesota
county Of Douglass, IN the state Of wiseonsin 'uo
The government Of this corporation and the man
agement Of its affairs shall be vesed in the board Of
directors to consist of not less than nine nor more
than eleven in humble, and who shall be elected by
Tuesday in June In each year and president, vice
president, secretary and treasurer shall be elected
annually by the board OF directors, provided that
board said officers shall be elected by the present
board Of directors on the 30th day Of December 1879
ARTICLE VIII.
The number and amount of the shares in the
capital stock Of eaid corporation shall be one hun
bred thousand shares Of fifty dollars each.
n, In witness . whereof We have hereunto set
Signed and sealed in presence of
JOHN MCLEAN, ~ -r. 'r-- - ~