Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-01-29
INCORPORATION.
INCORPORATION.
ARTICLES OF INCORPORATION
OF
THE SAUK RAPIDS COMPANY
ARTICLE ONE.

-
ARTICLE ONE.
The name of this corpO alton shall be the Ssnk Rap
ids Gomrany and the general nature OF It's business
shall be to purchase own use se ren. OF .Ss =;
connection Herewith at Sank Rapids, Benton
county, and In steans county, Minnesota, TO pur'
chase, own, repair rebuild and maintain an dams,
piers. abutments, sideways, canals, mill sites,
water privileges and water power and the corporate
rights and frsnches including the franchise to be
corporation of the Sank Rapids Water Power Com
pany, q corporation created under the laws OF tne
State of Minnesota and to buy aud sell any and all
other property personal and real, that may be de l.
rabe tn the prosecution of the business OF this cor
poration, and if necessary to build a new dam or
dams and car ais aud ways at said Sank Rapids
and to repair extend the cid ones and to create
and maintain tlack-water navigation on the M1ssls-
sip, river at and above Sank Rapids, Minnesota, 80
far as the same may be found practicable or prohta-
BILE; to buy own ard sell pine lands and pine timber
and to deal generally in lumber, fuel and grain. 10
build own, operate, lease or sell Touring mills, saw
mills and factories Of anv kind that may be determn-
ed upon by the Board of Directors. To build,
crate lease and sell elevators and warehouses; and to
build, cell, own, equip and operate any railroads,
tracks, turnouts, etc. that may be necessary or
convenient in the Improvement of the property OF
this corporation or to connect the town OF Saint
Cloud or any railroads thereat, with Sank Rapids and
railroads thereat, to connect any granite quarry
that 1t may become interested in, with Sank Rapids
or with any railroad most convenient to such quar-
ries. To build, buy SELL own and operate log -booms
and sorting works on the Mississippi river To buy,
sell. own and operate granite quarries in minnesota
and to buy own and cell stock in any manufacturing
corporations that may hereafter lease buy power OF
this corporation or make Improvements upon any OF
its property, and to borrow and loan money, and to
carry on all such business as may be deemed proht-
abe by its Board of Directors, and the principle
place Of business of this corporation shall be ct
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.
ARTICLE TWO.
The time Of the Commencement of this corpora
ton shall be January 1st 1881, and shall continue
for fifty years, and for such further time as shall be
lawful.
The amount of the capital stock of said corpora
ton shall be two hundred thousand dollars, which
shall be paid in as the Board of Directors may here
after determine but within six months after the SUD-
scription therefor.
ARTICLE FOUR.
The 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 incorporation:
VIII lam F Davidson, ST. Louis, Missouri; Payton
q: Day dson Lacrosse, Wisconsin; John H. Reaney,
st. Paul. Minnesota; Henry L. Williams, st Paul,
Minnesota; James Il. Davidson, st. Paul, Mnneso-
ARTICLE SIX.
The names of the first Board Of Directors are Will
tam f. Davidson, Payton 8. Davidson, John d.
Reaney, Henry L Williams, James H. Davldeon
The government of the corporation ana the manage.
mcnt of it's affairs shall be vested IN the Board OF
Directors, who shall be eli ctcd at an annual meeting
to be held in Saint Paul, Minnesota, on the FIRST
wednesday after the first Monday in January OF
each year, but vacancies may be hled at any meet
ing of stockholders led for that purpose and the
officers of the corporation other than Directors shsi
be Preside MT Secretary and Treasurer, to be select
ed from said Beard of Directors. One person may
hold two offices under this corporation.
ARTICLE SEVEN.
The number and amount Of shares in the capita
stock of said corporation. shall be two thousand
shares, in amounts of one hundred dollars each.
In witness whereof we have hereunto seteur hands
and seals, this 3lst day of December, 1850.
Witnesses to the signature of William +. David
son:
E. POWELL,
D. T. BRICK.
WILLIAM F. DAVIDSON. [sEAL ]
Witnesses to the signature Of Pay ton S. Davidson
LAFE HOLMES,
ST. CLINTON.
P.S.DAvID3ON. SEAL
Witnesses to ihs signatures OF John h. Reaney, Hen
| ry L. Williams, james II. Davidson.
! GEO. HAYWARD, JR.,
| HENRY P GooDENOw.
HEM HENRY 7 L. wi" Williams. SEAL
JAMES b. DAVIDSON. lsEAL.
STATE OF MINNESOTA, .,
COUNTY OF RAMSEY. ~
| Be it remembered, that on this 3et day of Decen
| Der, A. D. $780, before the undersigned PERSONAL
| cGme John II. Reaney, Henry L. Williams aud 4me
| b. Davidson, all of st Paul, Mirnesots, to m
known to be the identica. persons described in, an
| who executed the foregoing instrument and in du
| form of law acknowledged that they executed tn
same freely asd voluntarily for the uses and pul
poses therein expressed.
In witness whereof, have hereunto set my han
and notarial SEAL the day and year first above writer
| HENRY p. GOODENOW,
| IL. 81 Notary Pubic,
| Ramsey County, linn.
STATE OF MISSOURI, 90
| CITY OF ST.. LOUIS. 90
Be 1t known. that on this 7th day of January, A. 1
1881, before the undersigned, personally came wi
liam F. Davidson, to me known to be the ident
person described in and who uted the fore goir
instrument, and il due form of law acknowledge
that he executed the same freely AID voluntarily fl
the uses and purposes therein expressed.
In witness whereof, l have hereuntO set my haI
and seal the day and year first above WRITTEN.
D. R. POWELL,
| IL. ST. Notary Public,
City of st. Louis.
4 Qualified October 10, 1877; term expires Augu
| II, 1881.
STATE OF WISCONSIN, 49,.
| CorNTY OF LA CROSSE. CSC
Be it remembered, that on this 22d dsy of Januar
A. D 1851. before the undersigned, personally can
Payton 8. Davidson, to me known to be the 1dentic
person described in and who executed the foregoir
Instrument aad In due form OF law acknowledge
that he executed the same freely and voluntarily Il
the u e5 and purposes therein expressed.
In witness whereof, have hereunto set my bar
and noaral seal the day and year first above writte
H. s. EMIL N. BORRIsON,
27-34 Notary Public
OTATE OF MINNEsOTA- COUNTY OF RAN
y sey-District Court, Second Judicial District.
Isaac Y. D. Heard vs. Hammond Rouse and Charlie