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

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 u ingle or double track railroad, from the State
line between the State of Minnesota and the st ate Of
Wis onsin, ut some feasible point In township No.
l4S of range 10, west Of the fourth principal merld-
ian, in general northwestwardly direction by the
most feasible route by way OF the mouth of the
Cloouet river in ST. Louis county, Lake Winnie
goBhish 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 IA of range 40, in said county Of Polk
Minnesota; and all such sde-tracks, turn-outs, depot
grounds, depots, warehouses, elevators, machine
shops and 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 railroad.
ARTICLE II.
The time of commencement Of said corporation
shall be the thirteth day of December, 1879 and the
period for the continuance of the same shall be fifty
years.
ARTICLE III.
The principal place Of transacting the business of
said corporation shall be the city of Croolston, 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 nstallments as the board of directors shall
coed ton per centum, shall assessments therefor
be made oftener than once i'll 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 E. Brown, Thomas G.. Shapleigh, Frank
Ives, John Frederick, Arthur Yoernault, George
Croker E. 3. Ellsworth and William NJ. Ross, Of
W. Gates of the county of Douglass, in the State of
Wisconsin, and Isaiah Gervais Of Bed Lake Falls,
Polk county, Minnesota.
ARTICLE VII.
The names of the first board of directors Of said
corporation are Morr X. Brown, Thomas c. Snap
leigh. Frank Ives, John Frederick, Arthur Yoer-
nault, George Croker, E. B. Ellsworth, William NJ.
Ross and Isaiah Gervas 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
agement of its affairs shall be ed in the board Of
directors, to consist of not less than nine nor more
than eleven in humble 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 0th day of December 1872
ARTICLE VIII.
The number and amount of the shares in the
capital stock of said corporation shall be one hun
dred thousand shares of fifty dollars each.
In witness whereof we have hereunto set our
hands and seals this 9Th day OF December, 1872
Signed and sealed in presence of
JOHN MCLEAN,
Zr.rN