Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-08
INCORPORATION.
ARTICLES OF INCORPORATION
on THE
Minneapolis, St. Pall and Sea-
Coast Railway Company.

For ths purpose Of organizing corporation under
md by virtue Of the provisions Of title OF chapter
a. Of the general statutes OF the state OF MINES "a
signed, hereby associate ourselves TO become incor-
porated for the purpose Of building, improving and
operating, v .at s .pa
corporation, which We hereby adopts and sign:
ARTIOLEI.
The name Of this corporation shall be the "Minne-
spolis, st Paul and Sea- Coast Railway company"
and the general nature of its business shall be the
building, im.roving and operating line of railway,
telegraph and telephone from the city of Minneap0-
lis via the city Of st Paul. In the state OF Minneso-
ta to some point on the south boundary line of said
state of Minnesota Ia the county Of Fillmore, Mower
or Freedom, aud the principal place Of transsctng
the same shsll be the city Of st. Paul, In Ramsey
county, stnte Of Minnesota.
ARTICLE II.
The time of the commencement Of this corpora
lion shall be the 18th day Of June, d. 1882, and
the period Of its continuance shall be two hundred
years.
The amount Of the capital stock Of this corpora
ton shall be three (O million dollars to be paid in
to the treasurer Of said company In instaments Of
not to exceed ten per centum OF the par value OF
each share at any one time, as called for by the d.
rectorB; no two inssllments shall be called for in
suy one period Of thirty days.
ARTICLE ".
The highest amount Of indebtedness or liability
to which this corporation shall at any time be sub
ARTICLEv.
The names and places Of residence Of the persons
forming this association for incorporation are:
Henry q. Sibley and Alexander Ramsey. Of st.
Paul, Minnesota; and Richard Chute, Judson NJ
Gross And A.. B. Nenleton, OF Minneapolis, Minnie
sots.
The government of this corporation and the man.
agement of its affairs shall be vested IN board OF
nine (9 drec ors who shall be elected by ballot, by
the stockholders, st their annual meeting, which
shall be held the frst Tuesdsy In June In each
year. after the year 1884, at such place AZ the board
meeting and all meetings of the stockholders, each
share Ut the capital stock ehal ente the holder to
one vote In person or by written proxy, and IN case
said directors are not elected ct the time above
named, they may be so elected at any meeting Of the
stockholders called for that purpose.
The names Of the first board Of directors arc:
Kit son, Edward q. Fhsyer, Richard Chute, Jndson
N. Cross, A. Nettleton, Ralph Plumb and Charles
A. Toll, who shall each hold the office OF director
until the time Of the annual meeting OF the stock
holders In A. D. 1885, and until their SUCCESSORS are
elected and enter upon their duties.
ARTICLE VII.
The officers Of this corporation shall be elected by
the board Of directors, at their drst meeting each
year, after the annual meeting Of the stockholders
and shall be o president vice president, general
msnsger treasurer secretary and general SOLICITOR
who shall each hold his Office for one year, and un-
I'll his successor is elected and enters upon bis duties
are elected after the annual meeting Of the stock
holders in A. D. 1885, and enter upon their duties,
by the following named persons, to-wtt:
Presldent-Alexspder Ramsey.
Vice President Edward Il. Thayer.
General Manager-Edward 81. Th8yer.
Treasurer-Henry Il. 6ib'ey.
STANDARDIZATION n. Cross.
General Holicitor-Judson N. Cross.
other agents to hold their positions during the pleas
ure Of said board, ss it may deem best
ARTICLE Will
The number Of shares Of the capital stock Of this
corporation shall be thirty thousand and the
amount Of each share be one hundred dollars.
In witness whereof, VIC have hereunto set our
hands and seals this a0th day of May, A. D. 1882
HENRY II. sIBEEY, (Seal
ALEX. RAMSEY, Seal
RICHARD CHUTE, Seal
JUDSON N. GROSS, Seal
A. D. NETTLETON, LSeal.J
In presence Of
n A. HOLMES,
FRED. WooDBoURNE.