Daily globe., 1881-01-30
INCORPORATION
ARTICLES OF INCORPORATION
OF
The SAUK RAPIDS COMPANY
ARTICLE ONE.


ARTICLE ONE.
TIE name of this corporation shall be the Sank Rap
ids COMPANY and the general nature of its business
shall be to purchase, own use, sell, rent or lease
real estate and water privileges and water power IN
connection Herewith at Sauk Rapids, Btnton
county, and in Stearns county, Minnesota, to pur
chase, own, repair, rebuild and maintain all dams,
piers. abutments, sideways, canah, null sltes
water privileges and water power and the corporate
rights nd franchises, including the franchise to be
a corporation of the Sank Rapids Water Power Com
peny a oorporatien created under the laws of the
State of Minnesota, and to buy ard sell any and all
other property persona! and real, that may oe de'l-
rable in the prosecution of the business OF this cor
poration and if necessary to build new dam or
dams and canals aod race ways at said Sank RAPIDS
and to repair extend the old ones aud to create
and maintain slack-water navigation on the Mlssls-
sippi at and above Sauk Rapids, M1anesota, 30
far as the may be found practcabls OF proota-
be to buy, AID sell pine lands and pine timber,
and to deal generally in lumber, fuel and grain. To
build, own, operate, lease or sell Touring mills, saw
mills and factories of kind that may be deterniin-
ed upon by the Board of Directors To build, o%op-
crate lease and sell elevators and warehouses and to
build, sell, own, equip and operate any railroads,
side-tracks turnouts etc that may be necessary or
convenient in the Improvement of the property OF
this corporation to connect the toan of SAINT
Cloud or any railroads thereat with Sauk Rapids and
railroads thereat, or to connect any granite quarry
that it may become interested in with Sauk RAPIDS
or with any railroad most convenient to such quar-
ries. To build. buy SELL own and oper ate loE-booms
and sorting works on the Mississippi river. To buy,
sell. and operate granite quarries in Minnesota,
and TO buy, and sell stock in any manufacturing
corporations that may hereafter lease buy power of
thus corporation or make improvements upon any OF
its property, and to borrow aud loan money! and to
carry all such business as may be deemed profit
abe by its Board of Directors, and the principle
place of business of this corporation shall be at
Saint Paul, in Ramsey county, Minnesota, with
branch offices at such other places in Minnesota as
may be deemed advisable by its Board OF Directors.
fRTICLE TWO.
tip1a cf tha c,r,,o ppt of
ton shall be January st 1881. and it shall coninre
for fifty years, and for such further time as sha be
lawful
ARTICLE THREE.
The amount of the capital stock of taid corpora
ton shall be two hundred thousand d9lars, waich
shall be paid in the Board OF Directors may here
after determine but within six months after the sub
scrption therefor
ARTICLE FOUR.
Ghs highest amount of indebtedness to which this
corporation shall at any time be subject is two hur
dred Thousand dollars.
ARTICLE FIVE.
The following are the names and places Of resi-
dence of the persons forming this incorporaiion
William Davidson, st. Louis, Missouri; Payton
S. Dav dsor, Lacrosse, Wisconsin; John II. Eeauey,
st. Paul, Minnesota; Henry l.. Williams, st Paul,
Minnesot. James a. Davidson st. Paul, Minneso-
ia
ARTICLE SIX.
The names of the first Board of Directors Will
tiam +. Davidson, Payton s. Davidson, John H.
Reaney, Henry l. Williams, James II. Davidson.
The government of the corporation and the manage
Incnt of its affairs shall be vested in tho Board of
Directors, who shall be ele ctcd at annual meeting
to be held in Saint Paul, Minnesota, the first
Wednesday after the first Monday in January of
each year, but vacancies may be filed at any meet
ing OF stockhCIde led for that purpose and the
officers of the corporation other than Directors, shall
be Preside nt Secretary and Treasurer, to be select
cd from said Board Of Directors. One person may
hold two offices under this corporation.
ARTICLE SEVEN.
The number and amount Of shares in the capital
stock of said corporation, shall be two thousand
shares, in amounts of one hundred dollars each.
In witness whereof we have hereunto set hands
and seals, this 3lst day Of December, 1880.
Witnesses to the signature Of William F David
son:
E.R. POWELL,
d. Il. BRECK.
WILLIAM F. DAVIDSON. SEAL
Witnesses to the signature of Payton S. Davidson:
L.FR HOLMES.
8. z. CLINTON.
.S.DAVIDSON. [sKAL
Witnesses to the signatures OF John H.Reaney, Hem
ry L. Williams, james II. Davidson.
GEO. HAYWARD, JR.,
HENRY P GooDENow.
JOHN II REANEV. rsEAL.1
HENRY l.. WILLIAMS. GsEAL |
JAMES H. DAVIDSON. lsEAL.
STATE OF MINNESOTA,
COUNTY OF RAMSEY. '''
Be it remembered, that on this 3st day of Decem-
c.nle John FL. Reaney, Henry l.. Williams and mes
II Davidson, all of ST Paul, Minnesota, to ne
known to be the Identical persons des ned in, and
who executed the foregoing instrument, and in due
form OF law acknowledged that they executed the
same freely aHd voluntarily for the uses and pur-
poses therein expressed.
In witness whereof, have heretnto set my hand
and notarial SEAL the day snd year first above written
HENRY P. GOODENOW
IL. s Notary Pubic,
Ramsey County, s: inn.
STATE OF MISSOURI, l.,
OTTY OF ST.. LOUIS. '''
Be it known. that this 7th day of January, a. D.
1881, before the undersigned, personally VIII
liam T. Davidson, TO known to be the iden teal
person described H. and who executed the for going
instrument, and in due form OF law acknowied. ed
that he executed the same freely and voluntarily for
the uses and purposes therein expressed.
In witness whereof have hereunto set ny hand
and seal the day and year first above written.
u. r. POWELL,
L. S. Notary Public,
City Of St Louis
Qualified October I9, 1877; term expires August
IT, 1881
STATE OF WISCONSIN, ss
CorNTY OF LA CROSSE. N''
Be it remembered that on this 22d dsy OF January,
A. D 1e8i befor3 the undersigned, personally
Payton s. Davidson, to known TO be the identical
person described n and who executed the foregoing
Instrument, a.d in due form OF law acknowledged
that he executed the freely and voluntarily for
the and purposes therein expressed,
III witness whereof, have hereuito set my hand
and notaral seal the day snd first above written
IL. S.. EMIL N. BORRISON,
27-34 Notary Public
MEn.G