Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-07-14
ARTICLES OF INCORPORATION
OF THE
Minlet0nka Steamboat COmpanV

We, the undersigned, Payton 8. Davidson, William
seccmbe and James Fl. Davidson, do hereby asso-
cate ourselves ogsther for the purpose of forming
body polite end corporate under the laws of the
state OF Minnesota and do hereby adopt the follow
Ing Articles Of Incorporation, viz:
First TIE Dame of this corporation ehsll be "The
MinhetonkR steamboat Company"
Second-The general nature of the business to be
carried on by the corporation shall be to buy the
steamboat Belle of MinnetoDks, own, equip and run
her on Lake MiDnetonka In the State of Minnesota.
for the transportation Of passengers and freghts;
and to build, buy, and operate other steamboats,
On said lake, and to build. buy, own and operate
such DOCKS piers, wharves and landing places on
the shores of Lake Mnnetopka as may be found ne.
cessary or profitable In the prosecution Of the bust
ness OF this corporation and its principal place Of
transscttng business shall be at 6t. Paul, MINI.
Third-This corporation shall commence July
10TH 1t82, and continue thirty 800 years unless
sooner dissolved by mutual consent CT the stock
holders or by operation Of law.
Fourth-The amount Of capital stock Of this cor
poration shall be fifty thousand dollars $3.50 O9O),
and tie subscriptions to stock snail be paid In cash
whenever such stock Is issued
Ffth-The highest amount Of indebtness to
which said corpo alton shall at any time be subject
shall be twenty-five thousand dollars 1926 GOO The
names and places of residence Of the persons form
lag such incorporation are as follows: Payton g.
Davidson, La Crosse, Wisconsin; William secombe,
81. Paul, Minnesota; James 81. Davidson, st. Paul,
Minnesota.
Sixth-Payton 8. Davidson William secombe and
James 81. Davidson shall constitute the first board
Of directors, and the government OF the corporation
nauaSement OF lf6 hna1rH Snail be vested In
the board of directors. and board of three direc-
tors shall b. elected annually on the first Tuesday In
April and they shall hold their offices until their
SUCCESSORS are elected and qualified. The officers of
the company shall be president, general manager.
secretary and treasurer and shall be elected by the
board Of directors, and any two of said offices may
be held by enc person.
seventh-The number of shares In the capital
stock Of this corporation shall be one thousand of
tho par value for each share Of fifty dollars S60C0
In witness whereof we have hereunto Get our hands
and seals this 7th day OF July. A. D. 1882.
PAXTON g. DAVIDSON. SEAL
WILLIAM SECOMBE. lsEAL1
JAMES II. DAVIDSON. (EEAL1
Signed and scaled in presence OF
HEKRY P. GooDENow,
EDWARD Il. CYRUS.
STATE OF MINNESOTA, s
COUNTY OF RAMSEY,
Be it known that on thif 7th day OF July, A. d,
1882, before me came Payton 9. Davidson, william
Secombe and James 81. 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. GooDEsow,
IS9-195 Notary Public, Ramsey County, MINI