Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-09
1xoonpoRArror.
ARTICLES OF INCORPORATION
OF THE
Minneapolis, St. Pall and Sea-
Coast Railway Company.

For the purpose Of organizing corporation. under
ind by virtue Of the provisions Of title Of chapter
a. Of the general statutes Of tho state Of MINES ia
and the laws amendatory thereof, we, the UNDER
signed, hereby sssociAl9 ourselves to become ncor-
porsted for the purpose Of building, improving and
operating railways, telegraphs and telephones, as
more fully set forth In the following articles OF In
corporation, which We hereby adopt and sign:
ARTICLEI L.
The name Of this corporation shall be the "Minne-
spolis, st Paul and Sea-C0ast Railway company"
and the general nature Of Its business shall be the
ouilding, improving and operating line Of railway,
telegraph and telephone from the city Of Minneapo
Lis via the city OF St. Paul. In the state of Minneso-
t. to some point the south boundary line of said
state Of Minnesota Ia the county Of Fillmore Mower
or Freedom, and the principal place Of transsctng
the same shall be the city Of 1t. Paul. In Ramsey
county, state Of Minnesota.
ARTICLE II.
The time Of the commencement Of this corpora.
don shall be the 10Th day Of June, D. 1882 and
the period Of its continuance shall be two hundred
years.
ARTICLE III.
The amount Of the capital stock Of this corpora
ton shall be three (3) million dollars, to be paid In
not to exceed ten per centum Of the par value Of
each share at any one time, as called for by the ID.
rectors; no two nstalments shall be called for In
any one period Of thirty days.
ARTICLE ".
The highest amount Of indebtedness or liability
TO which this corporation shall at any time be SUBJ
ject, shall not exceed three (S) million dollars.
ARTICLE v.
The names and places Of residence Of the persons
forming this association for Incorporation are:
Henry q. Sibley and Alexander Ramsey, OF 81.
Gross andA. b. Nettleton, Of Minneapolis, Minne-
sofa.
ARTICLE vi.
The government Of this corporation and the man
sgement Of its affairs shall be vested in board Of
nine (9) directors, who shall be elected by ballot by
the Stockholders, at their annual meeting, which
shall be held on the frat Tuesday In June In each
year. after the year 1882 at such place es the board
Of directors may designate by bylaw, at which
meeting and all meetings OF the stockholders each
share Of the capital stock shall ente the holder to
said directors are not elected at the time above
named they may be 30 elected at any meeting Of the
stockholders called for that purpose.
Henry q. sibley, Alexander Ramsey, Norman W.
Kittson, Edward b. Thayer, Richard CHUTE, Judson
N. Cross, A. B Nettleton, Ralph Plumb and Charles
Il. Toll, who shall each hold The office o. director
holders In A. D. 1883, 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 tho annual meeting Of the stockholders,
and shall be president, vice president, general
manager treasurer, secretary and general solicitor,
who shal each hold his Office for ono year, and un-
III his successor is elected and enters upon bus duties
and said offices shall be filed until their successors
are elected after tho annual meeting OF the stock
holders in A. d. 1883, and enter upon their duties,
by the following named persons, to-wit:
Preg1dent-Alexander Ramsey.
Vice President-Edward H. Thayer.
General Manager-Edward Il. Thsyer.
Treasurer-Henry b. Sib!ey.
STANDARDIZATION n. Gloss.
General Standardization N. Cross.
And said board OF directors may appoint such
other agents to hold their positions during the pleas
ure Of said board, % it may deem best.
ARTICLE VIII.
The number Of shares Of the capital stock Of this
corporation shall be thirty thousand l3O0O and the
amount Of each share be one hundred dollars.
In witness whereof, We have hereunto get our
hands and seals this s0th day Of May, A. d. 1882.
HENRY 81. sIBLEY, [Seal.
ALEX. RAMSEY, (Seal1
RICHARD CHUTE, [seal.1
JUDSON N. GROSS, (Seal.1
Alb. NETTLETOE, l6eal.]
In presence Of
A. HOLMES,
FRED. WooDBoURNE.
STATE OF MINNESOTA, |
RAMSEY COUNTY.
On this SOth day Of May, A. D. 1882, personally
came before nae, Alexander Ramsey, Henry d. 6ib-
ley, Richard Chute, Judson N. Gross and B. Net
Teton personally known to me to be the Identical
persons who executed tbs foregoing articles OF ia
CORPORATION. and whose names signed thereto
and each acknowledged that he adopted and signed
the same freely and voluntarily for the purposes
therein named.
GNotsrisl seal1 FRED. wOODBOURNE,
Notary Public, residing in Ramsey County, Mimi.
STATE OF MINNESOTA, lsa
COUNTY OF RAMSEY.
Once Of the Register Of Desds-
This to certify that the within ntrument was filed
for record in this Office, at st. Psu on the 3st Gay
of May A. D. 1882 at IL 80 o'clock M, and that
the same was duly recorded In book Of incorporn
IONS pages $40 to 242 inclusive.
@. n. LIENAU, Register OF Deeds.
STATE OF MINNESOTA,
DEPARTMENT OF STATE.
! hereby certify that the within instrune emit was
fled for record in this Office on the Sst day OF May
A. D. 1882, at O'Clock p m and was duly recorded
IN book of interpretations, on page 364.
FRED. Won BAUMBACH,
iB2.1b9 Secretary of State.