Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-07-11
ARTICLES OF INCORPORATION
OF THE
Minlst0lka Steamboat Company.

We the undersigned, Psyton 8. Davidson, William
Secombe and James II Davld-on, do hereby 1850
cate ourselves together for the purpose Of forming
body polite and corporate under the laws of the
state of Minnesota, and do hereby adopt the follow
ing Articles OF Incorporation, viz:
First The name of this corporation shsll be "The
Minnetonka Steamboat Company"
secoDd-The general nature of the business to be
carried on by the corporation hall be to buy the
steamboat Belle of Minnetonka, own, equip aud run
her on Lake Minnetonka, In the State Of Minnesota
Tor the transportation Of passengers and freights;
and to build, buy own and operate other steamboats,
n ssid lake, and to bui.d. buy, own and operate
such docks, piers, wharves and landing places on
the shores Of Lake Mlnnetor ka as may be found ne
cessary or probable in the prosecution OF the busi
mesa OF this COZ poraton, and its principal place Of
trans citing business shall be at st. Paul. MINI.
Ihird-Tbis corporation shall commence July
10th, IL SO, and continue thirty (30) years unless
sooner dissolved by mutual consent Of the stock
holders or by operation of law.
Fourth-The amount of capital stock of this COR
poration shall be fifty thousand do lars ESQ 0eO),
and the subscriptions to stock aau be paid Ia cash
whenever such stock is issued.
Fifth-The highest amount Of indebtness to
which said corpo alton shall st any time be subject
shall be twenty thousand dollars ($25 0O0) The
names and places of residence Of the persons form
ipg such incorporation are as folows: Payton 8
Davidson, La Crosse, Wisconsin; William Secombe,
st. Paul. Minnesota; James II. Davidson, st. Paul,
Minnesota.
sixth-Psyton 8. Davidson. william secombe and
James b. Davidson shall constitute the first board
OF directors and the government Of the corporation
aud the management Of It's affairs shall be vested in
the board of directors, snd board Of three direc-
tors shall BIZ elected annually the first Tuesday In
April, and they shall hold their offices until their
successors are elected and qualified The officers of
the company shal be president, general manager,
secretary and treasurer and shall be elected by the
board of directors, and any two Of ssid offices may
be held by one person.
Seventh The number Of shares In the capital
stock Of this corporation shall be thousand of
the par value for each share Of fifty dollars (S50OO9
In witness whereof va have hereunto set our hands
and seals this 7th day OF July. A. D. 1882.
PAXTON g. DAVIDSON. (sEAL1
WILLIAM SEOOMBE. IsEAL1
JAMES II. DAVIDSON. IsEAL1
Signed and sealed In presence of
HEKRY P. GooDENow,
EDWARD E.~CYRus.
STATE OF MINNESOTA,
COUNTY OF RAMSEY, %
Be it known that on thif 7th day OF july A. d.
1882, before me came Payton 8. Davidson, william
eecombe and James H. Davidson, to me known to
be the identical persons described in and who exc.
cuted the foregoing articles OF Incorporation, and
acknowledged that they executed the same freely
and voluntarily for the uses and purposes therein
expressed
[Notorial Seal HENRY P. GoopErow,
l69-195 Notary Public, Ia usey County, Mimi