St. Paul daily globe., 1884-07-04
ARTICLE 1.

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, storiug-yard and shop
grounds construct, purchase or lease, maintain. use
and operate for hire railroad lines and tracks build
ings, dcpots, depot grounds and store tracks and
shops, and other raillold cOnvenicnces 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 con-
Meeting any and all the various other lines of railroad
running into the said county of 81. LOUIS and
for the purpose of transferring rongstOck freight
and passengers between such railroads. and between
such railroads and docks and piers, and vessels
touching any port or place in the said county, and
generally 10 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 at 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 nOrherly and eastcrly drcc-
ton the esserly boundary line Of the said county,
az some point to bG hereafter selected by this corpo
raion and such branch lines of railroad extending
from the said main line of railroad to the said other
railroads, respectively, and to the various piers,
warehouses. wharves, landing places, mills manu-
factories, stockyGrds ald other industries situated
in the said county of Saint Louis shall be construct
ed may be necessary desirable to carry out the
purposes hereinbefore set forth.
The said main line Of railroad viii be thirty (30)
miles in LENGTH more or less, and the said branch
lines will be one hundred Cl00 miles in length, in
the aggregate. more less. and will be provided
with such sdc-tracks switches and turnouts as may
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. iss3 and the same shall
continue perpetuay thereafter,
ARTICLE III.
The amount Of capital stock of this corporation
shall he one million two hundred thousand dollars
(s1 200, ,000) The same shall be divided into twelve
thousand shares Of one hundred dollars each. and
shall be determined by the board of directors.
ARTICLE ".
The highest amount of Indebtedness to which this
corporation shall any time be subject. shall not
exceed six hundred thousand dollars $500 000) incu
sive of such Indebtedness shall be secuIei by
mortgage.
The names and places of residence Of the persons
forming this association for incorporation are as
foIuws
James J. H residing al St. Paul, Minnesota.
Z. W Winter, residing az St. Paul, Minnesot a.
William P. ClouEh, residing at ST. Paul, Minnesota
John H. Hammond, residing at Superior, Wisconsin
Allen Marvel. residing at St. Paul, MINES ota-
John c. 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.
acernent OF its affairs shall be vested in board of