St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-12
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
statutes 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 81 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 con-
venient sidings and appurtenances, from the city
of Minneapolis, in Hennepin County, thence via st.
Paul in Ramsey County, to the Wisconsin State
line at some convenient point in the Countys of
Washington, or Dakota, so as to form connec-
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 $4,000 900, and shall be paid in as called
for by the Board of Directors, not exceeding ten
| per cent. per month, or as may be otherwise
| agreed upon in any contract for the sale of the
| stock, any part thereof.
Fourth. The highest amount OF indebtedness,
liability, to which said corporation shall at any
time be subject, shall not exceed three-fourths
| of the amount of the capital stock.
Fifth. The names and places of residence of
the persons forming this corporation are as fol-
| lows:
j. S. Cameron, Chicago, County Of Cook, ILL.,
| nois.
L. o. Goddard, Chicago, County of Cook, Ili-
| nois.
j. W. Traer, Cedar Rapids, Linn County, Iowa.
| A. D. Barnum, Minneapolis, Hennepin County,
| Minnesota.
D. II. Ainsworth, Newton, Jasper County,
| Iowa.
| Sixth. The government of the corporation
and management of its affairs shall be vested in
board Of five directors, who shall hold and serve
| until their successors are elected. The Board of
Directors shall be elected by the stockholders an
nualy on the second Tuesday of January in each
| year. subject to such change as may be pre-
| scribed by bylaw resolution Of the Board. The
| Board may make, adopt, alter and amend bylaws
| for the corporation; and may, by resolution, or
by bylaw, determine the officers of the corpora
| ton, and shall elect the same, and may appoint
| committees and agents, and prescribe the powers
| and duties of all such officers, committees and
agents. The Board may meet at any place with
| in or without the state, for the transaction of
| business, and majority shall constitute 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. II. Ainsworth, who shall
| hold and serve until the second Tuesday of Janu-
airy, 1885, and until their successors are elected
| Seventh. The capital stock of the Company
shall be divided into 10000 shares OF 800 each.
Dated this 10th day Of February, 1884.
| j. s. CAMERON,
L. o. GODDARD,
A. d. BARNUN,
j. W. TRAER,
| d. II. AINswoRTH
| Recorded in the Office of Secretary of State.
and in the Office Of the Register Of Deeds of Ram
| sey County, March 2. 1884. 69-75