Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-08-14
FIRST.

That the name of this corporation shall be The
Lake Superior and Dakota Railway Company, and
its general purpose ard the nature of its business
shall be to construct in direct line, as near So may
be consistent with engineering difficulties and op.
erate railroad from point ss or i'll 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 a point on
the Red River of tho North in the State of Mime
sofa, north Of the eleventh ftsndald parallel ana
also to erect and operate lire or lines OF telegraph
between said terminal points, in connec ion with
such railroads as 1t may construct
The principal place OF transacting the business CT
gaid corporation shall be at st Paul. Ramsey county
State Of Minnesota.
The time of the commencement of said corpors-
ton shall be the 9Th day Of gust A. d. 1884, and
the period of its continuance shal be fifty (50) years
from said date
The amount OF the capital stock Of said corpora
ton is hereby fixed and limited at the sum OF hye
II ilion (S6, 900 90 dollars. The said capital STOCK
is to be paid into the treasury of said corporation
upon call of the board of directors.
The highest amount of Indebtedness or liability
to which said corporation shall at any time be subject
is hereby fixed and limited at the SUM Of five
million 49, 10000 dollars.
FIFTH.
The place of residence of the persons forming this
corporation aud their names, are as follows: Spring
er H.rbaugh. Cushman K. Davis, jacob b Stewart
and Chsrles u Nc intyre who resloe AT tne CITY OF
1t Paul. in the county of Ramsey, state OF Mime:
sofa; Robert Fairwesther, 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
bureh. in the county OF Allegheny, State OF Penn
syvaDia.
The names of the first GARD of directors are as
follows. namely: Springer Harbaugh, Gus Imam Il
Robert Fsirweather, William Anelm, Frank Ives,
Michael Graver, Charles Lockhart who shall hold
their office until their successors ara elected and
qualified.
The 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, one secretary, one
treasurer one general solicitor, and board OF d.
rectors consisting of nine ~ persons, lEciudng
said officers each of whom shall be stockholders IL
said corporation. The board of directors shall be
elected by said stockholders of said corporation on
tho first Tuesday of August in each year, and the
officers above named shall be elected ty the board
Of directors on the second Thursday in August in
each year.
The number of shares in the capital stock of said
corporation is hereby fixed and limited st nifty
thousand (5O,O) shares, aud the amount OF each Of
ssid shares hereby fixed and limited at the sum OF
one hundred $500 00) dollars.
In witness whereof we have hereunto set our
hands and seals this 5ih day of July, A. 1881:
SPRINGER HARBAUGH, Seal.
CUaHM4N K. DAVIS, Seal.
JACOB 81. STEWART, seal.
CHARLES W MCINTYRE, Seal ]
ROBT. FAIRWEATHER, Seal.
WILLIAM ANGLIM, Seal
FRANK IVES, Seal.
MICHAEL GRAVER, Seal
CHAS. L0CKHART, Sea. !
Signed and sealed in presence OF
De L. IL RBAUGH,
w. W. WOOD,
JAS. W. DRAPER, witness as to N. G-aver ard
Chas. Lockbart.