St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-02
ARTICLES OF INCORPORATION
OF THE
Saint Louis River Lumber Co

Know all men by these presents, that we, whose
names are hereunto subscribed, have agreed to and
do hereby associate ourselves under the constitution
and laws Of the state of Minnesota, corporation
organized forthe purpose of carrying amanufactur-
ing business and that end have adopted and signed
the following articles:
FIRST.
The name of the said corporation shall be the ''Sr
LOUIS RIVER LUMBER CoNPANY;'' and the general
nature OF its business shall be to manufacture and
sell logs timber, lumber laths and shingles; and, to
that end shall have power to acquire, hold, and dis
pose OF such timbered and other lands and real prop
erty as may be proper or convenient for supplying
logs and other materials for manufacture, for the
sites Of mills, lumberyards DAMS ponds, booms and
other plant and conveniences for the said manufac-
turing business, including dwellings for employees;
also to construct, own, maintain and operate booms
dams, mills, and such other plant and conveniences
as may be necessary for the said manufacturing
business including dwellings for employees: also to
improve streams for facilitating the running of logs
and lumber thereon TO and from its mills, and for
controlling and utilizing the water thereof; and TO
buy hold, and dispose Of stumpage logs and lumber;
so far as may be necessary convenient for the
prosecution Of said manufacturing business. The
principal place for transacting the business of the
company shall be st. Paul. Minnesota.
SECOND.
Said corporation shall commence on the first day Of
March, A. D. eighteen hundred and eighty-four and
shall continue for the term Of thirty $50 years.
THIRD.
The amount of the capital stock of said corporation
shall be three millions of dollars, and the shall
be divided into $4,000 shares OF 500 each and the
shall be paid in called for by the board of d.
rectors.
FOURTH
The highest amount of Indebtedness or liability to
which said corporation shall be at any time subject
shall be three millions of dollars.
FIFTH.
The names and places Of residence OF the persons
forming said corporation are Thomas Lowry who
resides at Minneapolis in the state of Minnesota:
also, A. G. Foster. A. H. Wilder, and W. 2. Warner,
each Of whom resides at Saint Paul, in said state.
SIXTH.
The government of said corporation and the man
agement Of its affairs shall be vested in a President
Vice President, a Secretary, Treasurer, and n
Board OF five Directors. Every officer of said corpo-
ration shall continue inOoice for the term OF one
year and until his shall have been elected
and qualified. Meetings of the stockholders of said
corporation for the election OF directors and transac
ton of other business shall be held the office OF the
said corporation in sainPaul, in said state annually
on the first Tuesday in June in each year. The d.
rectOrs OF said corporation shall be elected by the
stockholders at their said annual meeting, and the
president, vice president secretary and treasurer
shall be elected by the board of directors; and any
vacancy in any of said Offices, or In said board
stoned by DEATH resignation or otherwise, shall be
filled by said board for the uneXpred term. The dll-
ties of the officers and directors Of said corporation
shall be prescribed by the bylaws.
The bylaws of said corporation shall be adopted
by the stockholders at their first annual
meeting, and the shall be changed or
modified only by the stockholders at the annual
ing thereof, but the first board of directors may
adopt bylaws which shall continue in force until the
first annual meeting of the stockholders. The names
OF the first Board of Directors shall be Thomas Lowry,
A. c. Foster, W. p Warner A. II. Wilder and r. b.
Langdon.
In witness whereof, the persons hereinbefore
named as incorpOrators have hereunto subscribed
their and affixed their seals this Esd day OF
February, A. d. 1884.
In presence of
CHARLES G.. LAWRENCE,
WALTER j. TRASH.