St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-07-08
ARTICLE I.


ARTICLE I.
The name Of this corporation shall be 'sThe Lake
Superior Terminal and Transfer Railway Company,
of the State of Minnesota"
The general of the business Of this company
shall be to acquire depot, storing yard and shop
grounds, construct purchase lease, maintain, use
and operate for hire railroad lines and tracks, build
ings, depots, depot grounds and store tracks and
shops, and other railroad conyeniences and applt
ances, in the county of st. Louis, in the state OF
Minnesota, for the transportation of rolling stocR,
freight and passengers, and for the purpose of
Meeting any and all the various other lines of railroad
running to or into the said county Of St. Louis and
for the purpose of transferring rolling freight
and passengers between such railroads, and between
such railroads and docks and piers, and vessels
touching any port place in the said county and
generally to exercise the powers conferred by the
statutes of the state of Minnesota relating to the
organization and powers of railroad corporations.
The main line of railroad to be constructed by this
corporation shall begin at some point the south
ery boundary line Of the said county OF st. Louis ia
be hereafter selected by this corporation and the
shall extend in northerly and easterly direo-
ton, the easterly boundary line of the said county,
at point to be hereafter selected by this corpo
ration; and such branch lines of railroad, extending
from the said main line OF railroad to the said other
railroads, respectively, and to the various piers,
warehouses, wharves, landing places. mills, manu-
factories, and other industries situated
in the said county of Saint Louis shall be construct
ed may be necessary desirable to carry the
purposes herefnbefore set forth.
The said main line of railroad will be thirty 800
miles in length, more less, and the said branch
lines will be one hundred 900 miles In length, In
the aggregate, more or less, and will be provided
with such tracks switches and turn-outs may
be found necessary desirable for the transaction
of the business of this corporation
The principal place of business of the said corpora
ton shall be at Duluth, Minnesota.
ARTICLE II.
The time of the commencement of this corporation
shall be October 49, A. d. 1883, and the shall
continue perpetually thereafter.
ARTICLE III.
The amount of capital stock of this corporation
shall be million two hundred thousand dollars
s1, 200 000). The same shall be divided into twelve
thousand shares of one hundred dollars each, and
the same shall be paid in from time to time, as
shall be determined by the board of directors.
ARTICLE ".
The highest amount of indebtedness to which tAfs
corporation shall at any time be subject shall not
exceed six hundred thousand dollars $780, OO0 nclu
sive of such Indebtedness shall be secured by
mortgage.
ARTICLE v.
The names and places of residence of the persons
forming this association for incorporation az
follows:
James J. Hill, residing at st. Paul, Minnesota.
E. w. Winter, residing at st. Paul, Minnesota.
William P. Clough, residing at St. Paul. Mnnesota.
John 81. Hammond residing at Superior, Wisconsin.
Allen Marvel, residing at st. Paul, Minnesota.
George S. Baxter residing at the city Of New York,
and state of New York.
ARTICLE VI.
The government Of this corporation, and the man.
agement of its affairs shall be vested in board Of
CD directors who shall be elected annually ct
such time and In such manner shall be prescribed
by the bylaws Of this corporation; and this corpora
ton shall have such officers and agents shall ba
provided for by bylaw from time to time.
The names OF the first Board of Directors are as
follows: James j. Hill, E. W. Winter, William p.
Clough, John Fl. Hammond, Allen Marvel, John @.
spooner, and George 8. Baxter.
In testimony whereof the psrttes have hereunto
set their hands and seals, on tfrs day and year r
JAS. j. HILL, [seal.l
A. MARVEL, [Seall
w P. CLOUGH, [Seal,I
JOHN H. HAMMOND, fseai.i
JOHN G. SPOONER, [Seail
E. W. WINTER lseall
GEORGE s. BAXTER, lseal.l
STATE OF MINNESOTA,
DEPARTMENT OF STATE.
l hereby certify that the within instrument was
filed for record in this office, on the 2nd day OF
June, D. 1884, at 4:90 o'clock D. m, and was duly
recorded in Book of interpretations on pages $751;
588, $50 and $780,
FRED Won BAUMBACH,
Secretary Of State.
STATE OF MINNESOTA, }ss
OFFICE OF REGISTER OF DEEDS.
This Is to certify that the within instrument waa
filed for record in this Office at Saint Paul on the 5th
day Of June, A. D. 1884, at 2c45 o'clock D. M, and
that the same duly recorded in Book of incor-
porations pages 55s, etc.
[seal.l &C. WILEY,
1S5-191 Register o. Deeda.