Daily globe., 1881-08-09
INCORPORATION.
ARTICLES OF INCORPORATION.

The undersigned, Springer Harbaueh. Cushman
K. Davis, Jacob II. Steward and Charles W. McIn-
tyrs ali residents of the cit, Of st Paul, county OF
Ramsey and state of M.nnesota, and Robert Fair
weather, william Ang i'm and Frank 1ves all resi-
dents Of Crookston, in the county of Polk in said
State, and Michael Graves and Charles Lockhart,
both residents Of the city of Pittsburgh, county OF
AL egheny, State of Pennsylvania, hereby associate
themselves for the purpose Of forming q corpora
tion under aud In pursuance OF the statutes OF the
State Of Minnesota, and dsclare:
FIRST.
That the name of this corporation shall be The
Lake Superior and Dakota Railway Company, and
shall be to construct In direct line, may
be consistent with engineering difficulties. and op-
o. ate q railroad from point at or In the town OF
Duluth, county of st. Louis. State OF Minnesota, M
with branch line to the boundary line between the
States of Wisconsin and Minnesota, to o point on
the Red River of the North, in the State Of Minne-
sota, 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 pace Of transacting the business OF
aid corporation shall be at St. Fau, Ramsey county,
State of Minnesota.
SECOND.
ton shall be the 9th day Of August, A. D. 1881, and
the period Of its continuance shall be fifty t0) years
from said date.
The amount Of the capital stock of said corpora
ton is hereby fixed and limited at the sum OF hve
million ($5,0OOO0) dollars The said capital stock
is to be paid into the treasury OF said corporation
upon call Of the board Of directors.
FOURTH.
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 ($5,O00,0OU) dollars.
The place of residence of the persons forming this
corporation and their names, are as follows: Spring
| or Harbaugh, Cushman K. Davis, jacob H Stewart
and Charles w. Mcintyre, who reside at tina city OF
st. Paul, in the county of Ramsey, State OF Minnie
Frank Ives, who reside at Crookston, in the county
| of Polk, in said State, and Michael Graves AID
Charles Lockhsrt who reside at the city of Pitts
bureh. in the county Of Allegheny, State OF Penn
| sylvania.
The names of the first hoard of directors are as
| follows namely: Springer Harbaugh, Cuehman "a
Davis, Jacob H. Stewart, Charles w Mcintyre,
| Robert Fairweath' r, William Anglim Frank Ives,
| Michael Graves Charles Lockhart who shall hold
their Office until their SUCCESSORS are 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 di-
rectors consisting of nine (9) persons, including
said officers, each Of whom shall be stockholders 10
said corporation. The board of directors shall be
elected by said stockholders of said corporation
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
SEVENTH.