Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-08-17
INCORPORATION.
ARTICLES OF INCORPORATION.

The undersigned, Springer Aarbaugh, Oushman
J. K Dav is, jacob Il Stewart and Charles w. McIn-
tyra, all residents Of the city of st Paul. county Of
Ramsey and State Of Minnesota, and Robert Fair
weather, William Angiim and Frank Ives, all resi-
dents of OrookstoD, in the county OF Polk, IN said
| State, and Michael Graver and Charles Lockhart,
both residents Of the city of Pttsbcrgh, county OF
Alegheny, state of Pennsylvania, hereby associate
themselves for the purpose eff forming a corpora
ton under and in pursuance of the statutes Of the
| State of Minnesota, and declare:
FIRST.
That the name of this corporation shall be The
Lake Superior and Dakota Railway Company, ana
its general purpose ard the nature of Its business
shall be to construct In direct line as near as may
be consis ent with engineering difficulties. and OPP
Q ate railroad from point at or IN the town OF
Duluth, county Of st. Louis, State OF Minnesota,
with branch line to the boundary line between the
States Of Wisconsin and MinnesOta, to point on
the Red River of the North, in the State of Minne-
sofa, north Of the eleventh standard parallel; and
also to erect and operate line or lines of telegraph
between said terminal points, IN connection with
such railroads as it may construct.
The principal place of transactng the business OF
said corporation shall be at st. Paul, Ramsey county,
State of Minnesota.
The time of the commencement Of said corpora
ton shall be the 9Th day Of August, A. D. 1881, and
the period Of its continuance shall be fifty bo) years
from said date.
THIRD.
The amount of the capital stock of said corpora
ton Is hereby fixed and limited at the of five
rilon 5000 OO) dollars. The said capital stock
ia to be paid into the treasury of said corporation
upon cali of the board of directors.
FOURTH.
The highest amount of Indebtedness or liability
to which said corporation shall any time be subject
is hereby fixed and limited at the sum Of five
million ($5,C00,000) dollars
The place of residence Of the persons forming this
or Harbaugh, Cushnan K. Davis, Jacob q Stewart
and Charles W. Mcintyre, who reside at the city of
st Paul, in the county of Ramsey, State Of Mime
sofa; Robert Fairweather, William Anglim and
Frank Ives who reside at Crookston, in the county
of Polk, In said State, and Michael Graver and
Charles Lockhart. who reside at the city of Pitts
burgh, in the county Of Allegheny, State Of Penn
sylvapia.
The names of the first board Of directors are as
follows. namely: Springer Harbaugh, Oushman X.
Davis, Jacob II. Stewart, Charles W. Mcintyre
Robert Fairweather, William Anglim, Frank Ives.
Michael Graver, Charles Lockhart, who shall hold
their Office until their successors are elected ana
qualified.
Tbs government of the said corporation and the
management of its affairs shall be vested IN the fol-
lowing named officers: One president, one VICE
president one superintendent, secretary, one
treasurer one general solicitor, and board of di-
rectors consisting of nine (9) persons, including
ssid officers, each of whom shall be stockholders Ill
said corporation. The board Of directors shall be
elected by said stockholders of said corporation on
the first Tuesday of August in each year, and the
officers above named shall be elected by the board
of directors on the second Thursday in August in
each year.
SEVENTH.
The number of shares in the capital stock of said
corporation is hereby fixed and limited at fifty
Thousand (50UGO shares, aud the amount of each of
said shares is hereby fixed and limited at the of
one hundred ($l00 0o) dollars.
In witness whereof we have hereunto set our
hands and seals this 5ih day of July. A. D. 1881:
SPRINGER HARBAUGH, Seal ]
OUSHMAN K. DAVIS, Seal |