St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-10
ARTICLES OF INCORPORATION.

Know all men by these presents that we,
whose names are hereunto subscribed, do, for
the purpose of forming and organizing corpora
ton under title one, chapter thirty-four Of the
stetutes Of Minnesota, hereby associate together
adopt and sign the following articles of incorpo-
ration.
First. The name Of the corporation shall be
''The Chicago, st. Paul q ST. Louis Railroad Com
pany.'' The general nature of its business shall
be TO construct maintain and operate railroad,
with one more tracks, and all necessary or chm
venient sidilgs and appurtenances, from the city
Of Minnepolis,in Hennepin County, thence via st.
Paul in Ramsey County, TO the Wisconsin, State
line at some convenient point In the County, OF
Washington, or Dakota, go as to form conpec-
ton with any railroad coming into the County of
Pierce, in said State Of Wisconsin. The principal
place OF transacting its business shall be at St.
Paul, Minnesota.
Second. The time Of commencement Of said
corporation shall be March /, 1884 and the peri
cd Of its duration fifty years, with right Of re-
newal.
Third. The capital stock OF the corporation
shall be 100000 and shall be paid in as called
| for by the Board Of Directors, not exceeding ten
per cent. per month, or as may be othsiHjse
agreed nppp in any contract for the sale 6ffhe
stock, or any part thereof.
Fourth The highest amount of indebtedness,
or liability, to which said CORPORATION shall At a4y
time be subject shall not exceed three .fofftka
Fifth. The names and places Of residence Of
the persons forming this corporation are aTfol-
lows:
$. Cameron, Chicago, County of Cook, Iii.
nois.
L. o. Goddard, Chicago, County Of Cook, nH-
nois.
J.w. Traer, Cedar Rapids, Linn County, Iowa
A. D. Barnum, Minneapolis, Hennepi1 County,
Minnesota.
D. Il. Ainsworth, Newton, Jasper County,
Iowa.
Sixth. The government Of the corporation
and management Of It's affairs shall be vested In
board Of five directors, who shah hold and sefek
until their successors are elected. The Board Of
Directors shall be elected by the stockholders an
nually on the second Tuesday Of January ID each
year, subject to such change as may be pre-
scribed by bylaw or resolution Of the Board TIE
Board may make, adopt alter and amend bylaws
for the corporation; and may, by resolution, or
by bylaw, determine the officers Of the cofbora-
ton, and shall elect the same, and may appoint
committees and agents, and prescribe the poweks
and duties Of all such officers, committees aud
agents. The Board may meet at any place With
in or without the state, for the transaction Of
business and a majority shall constitute a quo
rum for business purposes.
The first Board Of Directors shall consist of the
said j. s. Cameron, l.. o. Goddard, J. W. Traer
A. D. Barnum and D. H. Ainsworth, who shall
hold and serve until the second Tuesday OF Jdau-
airy, 1885, and until their successors are elected.
Seventh. The capital stock Of the Company
shall be divided into 20, 900 shares of 500 each.
Dated this 10th day Of February, 1884.
j. s. CAMERON,
$50 L. o. Gopp4RD,
A. D. BARSuN,
j. W. TRAER,
D. H. AINswoRTH.
Recorded in the Office of Secretary Of State,
and in the Office of the Register Of Deeds Of Ram
sey County, March z, 1884. 69-75