St. Paul daily globe., 1884-07-05

The undersigned hereby associate as corporation
under the statutes of the state of Minnesota relating
to the organization and powers of Railroad corpora
tions, and to that end do hereby make, sign, adopt
and publish articles of incorporation as follows
to-wit:
ARTICLE l.
The name of this corporation shall be "The Lake
Superior Terminal and Transfer Railway Company,
of the State of Minnesota"
The general nature of the business of this company
shall be to acquire depot, storing-yard and shop
grounds construct purchase or lease, maintain use
and operate for hire railroad lines and tracks, build
fngs, depots, depot grounds and store tracks and
shops, and other rafoad conveniences and appli
ances, in the county OF st. Louis In the state of
Minnesota, for the transportation of rolling stock
freight and passengers, and for the purpose of
Meeting any and all the various other lines of railroad
running to into the said county of St. Louis and
for the purpose of transferring rolling stock freight
and passengers between such railroads. and between
such railroads and docks and PIERS and vessels
touching at 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 some point on the south
erly boundary line of the said county of St. Louis to
be hereafter selected by this corporation; and the
same shall extend in northery and eastery direc-
tion to the eastery boundary line Of the said county,
at some 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
warehouses, wharves, landing places, mills, manu-.
factories stockyards and other Industries situated
in the said county Of Saint Louis shall be construct
ed may be necessary desirable to carry out the
purposes herenbefore set forth.
The said main line of railroad will be thirty 900
miles in length, more or less, and the said branch
lines will be hundred 900 miles In length In
the aggregate, more or less and Will be provided
with such sdetracks, switches and turn-outs as NAV
be found necessary desirable for the transaction
of the business of this corporation.
The principal place Of business of the said CORPORA
tion shall be at Duluth, Minnesota.
ARTICLE II.
The time of the commencement of this corporation
shall be October IS. A d. 1888, and the same shall
continue perpetualy thereafter.
ARTICLE III.
shall be one million two hundred thousand dollars
(s1 200 000). The same shall be divided into twelve
thousand shares OF one hundred dollars each, and
the shall be paid IN from time to time, es
shall be determined by the board Of directors.
ARTICLE "
The highest amount of Indebtedness to which this
corporation shall at any time be subject shall not
exceed six hundred thousand dollars (s500,000) fncu
sive Of such Indebtedness as shall be secured by
mortgage
ARTICLE v.
The names and places Of residence Of the persons
forming this association for Incorporation are as
follows: ttalr
James J. Hill, residing at st. Paul, Minnesota.
z. W. Winter, residing at st. Paul. Minnesota
William p. Clough, residing at st. Paul. Minnesota.
John H. Hammond, residing at Superior. Wisconsin.
AHen Marvel, residing at st. Paul, Minnesota
John G. Spooner, residing at Hudson, Wisconsin.
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
seven % directors, who shall be elected annually at
such time and In such manner shall be prescribed
by the bylaws Of this corporations AID this corpora
tion shall have such officers and Agents as shall be
provided for by bylaw from time TO time.
The names Of the 1rst Board OF Directors are %
follows: JamesJ. Hill, z. ". Winter, william r.
CIough, John e. Hammond. Allen Marvel John c.
Spooner, and George s. Baxter.
In testimony whereof the parties have hsyeunto
set their hands and scala. the dag md year first
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