Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-02-01
INCORPORATION
INCORPORATION.
ARTICLES OF INCORPORATION
OF
THE SAUK RAPIDS COMPANY
ARTICLE ONE.

The SAUK RAPIDS COMPANY
ARTICLE ONE.
The 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 winter power In
connection Herewith at Sank Rapids, Benton
chase, own, repair, rebuild and maintain all dams,
piers. abutments, eluiceways, canals, mill sites,
water privileges and water power and the corporate
rights ana frsnchses including the franchise to be
psny, corporation created under the laws Of the
State OF Minnesota, and to buy aud sell any and all
other property. personal and real, that may be de-i
rabe In the prosecution of the business Of this
poration, and II necessary to build new dam o.
dams and canals and ways at said Sank Rapids,
and to repair or extend the old ones and to create
and maintain slaok-water navigation on the Missis-
sippi river at and above Sank Rapids, Minnesots so
far as the same may be found practicabls profta
be to buy, own and sell pine lands and pine timber,
and to deal generally In lumber, fuel and grain. To
build, own, operate, lease sell Touring mills, saw
mills and factories OF kind that may be determin-
ed upon by the Board Of Directors. To build OPP
crate lease and cell elevators and warehouses and to
build, SELL OVID, equip and operate any railroads.
s1detracks, turnouts, etc., that may be necessary
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, or to connect any granite quarry
that 1t may become interested in with Sank Rapids
or with any railroad most convenient to such quar-
res. 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 sell 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 profit
able by its Board of Directors, and the principle
Saint Paul, In Ramsey county, Minnesota, with
branch Offices at such other places In Minnesota
may be deemed advisable by it's Board of Directors
ARTICLE TWO.
The time of the commencement of this corpora
ton shall be January LIST, 1884, and 1t sha continue
lawful.
ARTICLE THREE.
The amount of the capital stock of said corpora
ton shall be two hundred thousand dollars which
after determine, but within six months after the SUBJ
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:
William F Davidson, st. Louis, Missouri; Payton
s. Davidson, Lacrosse. Wisconsin; John II. Reaney,
st. Paul, Minnesota; Henry L. Williams, st. Paul,
Minnesota; James h. Davidson, St. Paul, Minneso-
ia.
ARTlOLE SlA.
The names of the first Board of Directors are VIII
tam T. Davidson, Payton 8. Davidson, John II.
Reaney, Henry L Williams, James 81. Davidson.
The government of the corporation and the manage
mont of its affairs shall be vested in the Board Of
Directors, who shall be elected at annual meeting
to be held in Saint Paul. Minnesots, on the first
Wednesday after the first Monday In January Of
each year. but vacancies may be filed at any meet
ing of stockholders called for that purpose, and the
officers of the corporation other than Directors shall
be President Secretary and Treasurer to be select
ed from said Board of Directors. One person may
hold two offices under this corporation
ARTICLE SEVEN.
The number and amount of shares Ia 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 our hands
and seals, this 3lst day of December, 1880.
Witnesses to the signature Of William F. David
son:
E. R. POWELL,
D. T. BRICK.
WILLIAM F. DAVIDSON. [sEAL
Witnesses to the signature Of Payton 8. Davidson:
LAFE HOLMES.
s.. F. CLINTON.
P.s. DAVIDSON. [sEAL
Witnesses to the signatures OF John H Reaney, Hen
ry L. Williams, James H. Davidson.
GEO. HAYWARD, JR,
HENRY P. GooDENOw.
HENRY L. wILLIAMS.-tsE
JAMES b. DAVIDSON. SEAL.
STATE OF MINNESOTA,
COUNTY OF RAMSEY. ''
Be it remembered, that on this 3lst day of Deem
Der, A. d. 1880, before the undersigned personally
cGme John 81. Reaney, Henry L. Williams and James
H. Davidson, all of st Paul, Minnesota, to me
known to be the identica persons escrihed in, and
who executed the foregoing instrument, and In due
form of law acknowledged that they executed the
same freely and voluntarily for the uses and pur-
poses therein expressed.
In witness whereof have hereunto get my hand
and noara1 SEAL the day and year first above written
HENRY ?. GOODENOW,
[L.s.1 Notary Public,
Ramsey County, Mimi.
STATE ATE OF OF M MISSOURI S'sO1s IS. .
Be it known that on this 7th day of January A. D.
1881, before the undersigned. personally came Will
liam F. Davidson, to me known to be the identical
person described in, and who executed the foregoing
instrument, and in due form of law acknowledged
that he executed the same freely and voluntarily for
the uses and purposes therein expressed.
In witness whereof, I have hereunto set my hand
and seal the day and year first above written.
d. r. POWELL,
u. 8. Notary Public,
City Of st. Louis
Qualified October 49, 1877; term expires August
II, 1881.
STATE OF WISCONSIN, 90.
CooNTY OF LA CROSSE. SO
Be 1t remembered that on this 22d day of January,
Payton Davidson, to me known to be the identical
person described in, and who executed the foregoing
instrument, and in due form Of law acknowledged
that he executed the same freely and voluntarily for
the u 90 and purposes therein expressed.
In Wifnese whereof have hereuntO get nv hand