St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-07-07
ARTICLE I.

ARTICLE I.
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, StOringyard and shop
grounds construct, purchase or lease, maintain use
and operate for hire railroad lines and tracks, build
ings, depots, depot grounds and store tracks and
shops, and other rail- Dad 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 rongs freight
and passengers between such railroads, and between
such railroads and docks and piers, and vessels
touching at port place in the said county, and
generally to exercise the powers conferred by the
statutes of the state of Minnesota relating the
organization and powers Of railroad corporations.
The main line of railroad to be constructed by this
corporation shall begin at some point the south
erly boundary line of the said county of St. Louis
be hereafter selected by this corporations and the
same shall extend in northerly and easterly drec
ton to the eastery boundary line of the said county,
at 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
railroads. respectively, and to the various piers,
warehouses, wharves, landing places, mills, manu-
factories stockyards and other industries situated
in the said county of Saint Louis shall be
ed, be necessary desirable to carry the
purposes herenbefore set forth.
The said main line of railroad will be thirty 600
miles in length more or less, and the said branch
lines will be hundred Q00) miles In length, in
the aggregate, or less, and will be provided
with such sde-tracks, 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. 1883, and the shall
continue perpetualy thereafter.
ARTICLE I'LL
The amount of capital stock Of this corporation
shall be one million two hundred thousand dollars
81, 200, 000). The shall be divided into twelve
thousand shares OF one hundred dollars each, and
the shall be paid in from time to time,
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 $500 OOO inclu
siye of such Indebtedness shall be secured by
mortgage.
ARTICLE v
The names and places of residence of the persons
forming this association for incorporation are as
follows:
James j. Hill, residing at St. Paul. Minnesota.
E. w. Winter residing at st. Paul, Minnesota
William P. Clough. residing at st. Paul, Minnesota.
John H. Hammond, residing at Superior Wisconsin.
Allen Marvel. residing at st. Paul, Minnesota.
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
agement of its affairs, shall be vested in board of
seven Cd directors, who shall be elected annually at
such time and il such manner as shall be prescribed
by the bylaws Of this corporation; and this corpora
ton shall have such officers and agents shall be
provided for by bylaw from time 70 time.
The names OF the first Board of Directors as
follows: James j. Hill, z. W. Winter. William p
Clough John II. Hammond, Allen MARVEL, John C.
Spooner, and George S. Baxter.
In testimony whereof the parties have hereunto
set their hands and seals, the day and year first
above written.
JAS. j. HILL, [Seall
A. MARVEL, [SeaLJ
W. P. CLOUGH, [Seal.l
JOHN H. HAMMOND, ISeall
JOHN c. SPOONER. [SeaLl
z. w. WINTER, [Seall
GEORGE S. BAXTER, ISeall
STATE OF MINNESOTA,
DEPARTMENT OF STATE.
hereby certify that the within instrument was
filed for record In this Office, the 2nd day Of
June A. D. 1884, at 4:30 O'Clock p. M, and was duly
recorded in Book OF interpretations, pages 5S7,
$685. $50 and $50.
FRED Won BAUMBACH,
Secretary of State.
STATE OF MINNESOTA, ISIS
OFFICE OF REGISTER OF DEEDS
This is to certify that the within instrument
filed for record in this Office at Saint Paul. the 5th
day of June, A. D. 1884, at 245 O'Clock p. M, and
that the same duly recorded in Book of incor-
ISeal.l &c. WILEY,
1854 Register OF Deeds.