Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-01-02
INCORPORATION.
Articles Of Incorporation.
ARTICLE I.

Tho name Of this corporation shall DO Tho Lake
Superior and BED River Valley Railroad Company,
andits object and the general nature Of it, business
u tho surveying, locating, building and construction
Of singls double track railroad, from the State
line between the State Of Minnesota and tho State Of
Wisconsin, ct some feasible point In township No.
146 Of range IL, west Of the fourth principal merid-
ian, IN general northwestwsrdly direction, by tho
most feasible route by way Of tho mouth Of the
Cloquet river In st. Louis county, Lake Winnie
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 near
township No. l4a Of range 40, In said county Of Polk
Minnesota; and al such sidetracks, turnouts, depot
grounds, depots, warehouses, elevators machine
shops and car manufactures and other appendages
- It may deem suitable and convenient for the use
and operation Of said railroad, and the operation
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.
Tho principal place Of trausaoting the business of
said corporation shall be the city Of Crookston, In
the county Of Polk, in the State Of Minnesota.
ARTICLE Nv.
The amount Of capital stock Of said corporation
such installments as the board Of directors shall
from time to tune determine, no installment to ex-
coed ten per centum, shall assessments therefor
be made oftener than once In thirty days.
ARTICLE
The highest amount Of Indebtedness or liability to
which said corporation shall at any time be subject
Il three million dollars.
ARTICLE W.
Tho names ind places Of residence of the persons
forming such association for incorporation. are
Morris B. Brown, Thomas O. 6hapeigh. Frank
Ives, John Frederick, Arthur Yoernau1t, George
Crocker, E. b. Ellsworth and William M. Ross, of
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 hrst board of directors of said
corporation are Morr B. Brown, Thomas O. Shap-
nault, George Crooker, z. B. Ellsworth, william n.
Boss and Isaiah Gervais Of Polk county, Minnesota,
and James Barden and Irwin W. Gates Of the
county Of Douglass, in the State Of Wisconsin.
The government Of this corporation and the man
sgement Of Its affairs shall be vested In the board Of
directors, to consist Of not less than nine
than eleven In numbe: :, and who shall DO 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 tho Arst organization Of such
board said officers shall be elected by the present
board of directors on the 3h day Of December 1879
ARTICLE VIII.
The number and amount Of the shares In the
capital stock Of said corporation shall be one hun
In witness whereof we have hereunto SGT our
hands and seals this 9Th day Of December, 1879.
Signed and sealed in presence Of
JOHN MCLEAN,