Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-02-26
ARTICLES OF INCORPORATION.
Articles Of incorporation Of the Snake
River Transportation Company.

The undersigned, in conformity to the provisions of
title two ( of chapter thrtyfour (34, of the gener-
eral legislative acts amendatory thereof, do hereby
agree and associate themselves and become ncor-
porated by the adoption of the following articles of
incorporation, to-wit:
ARTICLE FIRST.
The corporate name of this corporation is, 1.-THE
Snake River Transportation Company" The gen.
eral sure of its business is the construction pur
chase of steamboat, and boats, barges, or other
in the business of said company, in the Transports
ton of persons and property and general towing
business upon the Snake River and Its tributaries,
within the State OF Minnesota with all other proper
ty necessary and convenient for the transaction of
said transporton business and to charge and receive
reasonable fares and freights therefor said business
to be conducted by said corporation, its servants,
agents, or lessees
The pace of the principal Office of said company
is Pine City, in the county of Pine in said State.
ARTICLE SECOND.
The time of the commencement Of this corpora
ton is the 18th day of February, A. D. $780, and tho
period of its continuance Is thirty (30 years from
said date of commencement.
ARTICLE THIRD.
The amount of capital stock of this corporation is
ten thousand (S10,00O) dollars to be paid to the
calls assessments made thereon BY reso uton Of
the board of directors.
ARTICLE FOURTH.
The highest amount Of Indebtedness that said cor
poraion shall at any time be subject is the sum
of five thousand dollars, Us, 000) which indebted
ness may be incurred in contracts for the building
or purchase of steamboat, barges or ether craft,
and except for said purpose greater Indebtedness
other purpose shall be created for any amount ex
ceeding one thousand dollars, $4,000; and no in
debedness for any purpose shall be incurred by said
corporation exceeding one thousand dollars, (S1OO
unless the same shall be authorized by resolution
voted for by each and all of the directors Of the
company.
ARTICLE FIFTH.
The names and places Of residence Of the persons
Hiram Bracket, residing at Pine City, Pine county,
Mimi; A. G. Perkins, residing at Pine City, Pine
county, Mimi. Henry Snyder, residing at Pine City,
| Pine county, MIMI; X. G. Robinson, residing at
Pine City, Pine county, Minn Martin Strong. resid-
ing at Pine City, Pine county, Mimi J. F. Stone,
| residing at Pine City, Pine county, MIMI; William
II. Grant, residing at st. Paul, Ramsey county,
MINI.
ARTICLE SIXTH.
The names of the first board of directors of the
company are: Hiram Bracket, Alfred G. Perkins,
William Il. Grant, Martin Strong, Stephen II. Dam
FORTH Henry Snyder aud Jas. Smith, Jr., who fhall
hold their office such until the second Tuesday in
| February, A. D. 1881. The government and man
agement Of its affairs shall be vested in board Of
( directors, to be elected by the stockholders
the first election Of directors to be held at the Office
of the company, in Pine City, the second Tuesday
| of February, A. D. 1881, and annually thereafter
Other officers of this company president, secre
ary and treasurer to be elected by the directors the
first election to be held at the first meeting of the
board after the adoption of these articles, said OH
GERS, when elected to hold their Offices as such
| until the said Tuesday in February, A. D. 1881, and
until their successors elected such election to be
| held annually.
The treasurer shall give bond with coed suret
the acceptance and approval of the board OF dire
| tors.
The other officers, agents and employees of the
company shall be appointed and felected by the
president subject to the approval of the board of d.
rectors.
ARTICLE SEVENTH.
The number and amount of the shares of the
capital stock of this company is four hundred 4OO
| of twenty-five dollars, (S25 00), each.
In testimony of all which we have hereunto set our
hands and seals this 18th day of February, A. D.
1880:
HIRAM BRACKETT, [Seal]
A. G.. PERKINS, lSeal.
W. Il. GRANT, (Seal.l
MARTIN STRONG, Seal.l
HENRY SNYDER, Seal
j. F. STONE, [Seal1
X. G. ROBINSON, lSeal.1
In presence Of
]. g. FERsoN,
E. VEENHOvEN.
STATE coe on Md IN p1se, ISIS.
Before me, q notary public, within and for said
county, this day personally came the above named,
to-wit: Hiram Bracket, Alfred g. Perkins Henry
Snyder, r. G. Robinson, Martin Strong, j. F. Stone
and William II. Grant. who severaly acknowledged
the signing and sealing of the foregoing instrument,
and that the same is their voluntary act.
Witness my hand and official seal, this 18th day Of
February A. D. 1880. E. VEKNHovEN,
[seal.l Notary Public, Pine County, MINI.
$3.50