Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-07-10
ARTICLES OF INCORPORATION
OF THE
MIangtgaka Steamboat COMPANY

We, the undersigned, Payton s. Davidson, William
Secombe and James h Davidson, do hereby asso-
ciate ourselves togsher for the purpose Of forming
body polite aud corporate under the laws Of the
state of Minnesota and do hereby adopt the follow
ing Articles of Incorporation, viz:
First-Tbe name of this corporation shall be "The
Mnnetonka Steamboat Company
Second-The general nature of the business to be
carried on by the corporation shall be to buy the
steamboat Belle of Minne.onka, own, equip and run
her on Lake Minnetonka in the State of Minnesota,
Tor the transportation of passengers and freights
and to build buy, and operate other steamboats,
en- sid lake, and to build. buy, own and operate
such docks, piers wharves and landing places on
the shores of Lake MlnnetonkS as may be found ne
cessary profitable in the prosecution of the bust
ness OF this corporation, and its principal place of
transscting business shall be at st. Paul, Mimi.
1hird-This corporation shall commence July
10th, ltS2, and continue thirty 800 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
poraon hall be fifty Thousand do lars 50,0e0),
and the subscriptions to stock 1al be paiS in cash
whenever such stock Is issued.
F1fth-The highest amount Of indebtness to
which said corporation shall at any time be subject
shall b twenty-five thousand dollars 1925, O0e) The
names aud places of residence Of the persons form
ing such incorporation are IS follows: Payton s..
Davidson, La Crosse, Wisconsin; William seconbe
st. 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
aud the management Of its affairs shall be vested in
the board of directors. and board Of three direc-
tors shall be elected annually the first Tuesday in
April and they shall hold their offices until their
successors elected and qualified The officers Of
the company shah be a president, general manager,
secretary aud treasurer, and shall be elected by the
board of directors aud any two of said Offices may
be held by one person.
Seventh -The number of shares in the capital
stock of this corporation shall be one thousand Of
the par value for each share Of fifty dollars (S5000
In witness whereof We have hereunto set our hands
and seals this 18th day of July, A. D. 49,.
PAXTON s. DAVIDSON. [sEAL1
WILLIAM SECOMBE. TsEALl
JAMES 81. DAVIDSON. lsEALl
Signed and sealed In presence of
HEKRY P. GooDENow,
EDWARD E. CYRUS.
STATE OF M MINNESOTA, llss
Be it known that on thif eth day OF July. A. D.
1882, before me came Payton g. Davidson, william
Secombe and James H. Davidson, to me known to
be the identical persons described in, and who
cuted the foregoing articles of Incorporation and
acknowledged that they executed the same freely
and voluntarily for the uses and purposes therein
expressed.
fNotorial Seal HENRY P. GooDENow,
1s9-i9o Notary Public, Ia usey County, Mimi