St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-04
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 for the purpose Of carrying manufactur
ing business and that end have adopted and signed
the following articles:
FIRST.
The of the said corporation shall be the EST
LOUIS RIVER LUMBER CoMPASY;' 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 tmbered and other lands aud real prop
erty as may be proper or convenient for supplying
logs and other materials for manufacture or for
sites Of mills lumber-yars dams, ponds, booms and
other plant and convenences for the said manufac-
turing business, including dwellings for employees;
also TO construct, own, maintain and operate boorns
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
buy, hold and dispose of, stumpage logs and lumber;
so far as may be necessary or convenient for the
prosecution OF said manufacturing business. The
principal place for transactng 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 CS0) years.
THIRD.
The amount of the capital stock of said corporation
shall be three millions of dollars and the same shall
be divided into 900 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. P. 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 President
a Vice President, Secretary, Treasurer, and a
Board Of five Directors. Every officer of said corpo-
ration shall continue in-ofice for the term OF one
year and until his successors shall have been elected
and qualified. Meetings Of the stockholders OF said
corporation for the election of directors and ransac
ton OF other business shall be held at the office of the
said corporation in saintPau 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 in said board,
stoned by death, resignation or otherwise shall be
filed BY said board for the unexpired term The tu-
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 same shall be changed OF
modified only by the stockholders at the annual meet
| 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. G. Foster, W. P. Warner, A. II. Wilder and r. b
Langdon.
In witness whereof the persons herenbefore
al ha.a
their names and affixed their seals this 2Sd day OF
| February, A. d. 1884.
In presence Of
CHARLES G. LAWRENCE,
| WALTER j. TRAsK.
THOMAS LOWRY, Gseall
| A. G.. FOSTER, [SeaLl
W. P. WARNER, tSeall
| A. II. WILDER. tSeall