St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-13

/, A RTIOLBs OF INCORPORATION OF THE
"A Rainy Lake River and southwestern Railway
| Company. To all to whom these presents shall
| come: Be it known that the UNDERSIGNED nersons
for the purpose of assocatng themselves together
| and forming corp oration under and By virtue of
the laws of the state OF MINI esota. and more as
-peoially under and by virtue OF title one IN az
chapter thirty-four (3D OF the General Statutes Of
SAID state and the several acts amendatory
| thereof have adopted and do hereby adopt Arti-
| cles of Incorporation, as follows:
| Article l. The corporate name of the corpora
| ton shall be The Rainy Lake River and South
western Railway Company. The general nature
of the business OF the corporation is and shall be
| to survey. locate, construct, maintain. operate
and own a railway, with one or more tracks or
! lines of road, and the equipment therefor, with
all necessary side-tracks and turn-outs. and all
machine shops warehouses, storehouses, eleva-
Tors, depos, station houses factories, buildings,
structures, erectons and appurtenances necessary
and convenient for the management, equipment
ano operation of said railway from q point on the
west bank of Rainy Lake river, south of the Lake
| OF the Woods. at the mouth OF Rainy Lake river,
in the County of Beltrami and State of Minnesota,
| in southwesterly direction toward Bismarck,
| in the Territory of Dakota with
such such bran, branches, turn outs and lat
| teral lines may be fonnd
| essary or expedent for the
venient transaction of its business.
| The principal place of transacting the business
OF this corporation is and shall be at the village
! of La Crescent. in the county of Houston and
! state of Minnesota, but the director are hereby
! emf owered to remove the general office of the
corporation from time to time to any point on the
| line OF road as they may deem necessary
| proper.
Article 2. This corporation shall commence on
| the htteenth day of November. A. d. 1886, and
snail continue for period of fifty (50) years.
| Article 8. The capital stock of this corporation
is five hundred thousand $500 600 0O) dollars five
| per cent. of which shall be paid in at the time of
subscribing the same and the remainder in INSTALL
ments not exceeding ten (l0) per centum at any
| one time, as ordered by the board of directors
! Article 4. The highest amount of Indebtedness
or liability to which said corporation shall at any
time be subject exclusive of its Indebtedness Sc
| cured by mortgage of its property, shall be one
hundred thousand (SloO000 00) dollars.
Article 8. The names and places of residence
OF the persons composing tbs association are
| follows Nathan Myrick, st. Paul, Minnesota;
George j. Johnson, La Crosse, Wisconsin, Martin
| T. Moore, La Crosse Wisconsin,; Ebert E. Buck
| ingham, La Crosse, Visions n; Lafe Holmes, La
| Crosse Wisconsin; Henry a. Salzer, La Crosse,
Wisconsin; Abram H. Looney, La Crosse Wiscon-
sin; James II. A. Ginder, La Crosse, Wisconsin;
Ezekiel Clarke. La Crosse, Wisconsin; Volney A.
Blgeow, La Crosse, Wisconsin; Charles Franz,
La Crosse, Wisconsin; Alfred Harrison La Crosse
| Wisconsin; John p Richmond, La Crosse Wis
consin; Samuel Y. Hyde La Crosse, Wisconsin;
Francis NJ Egbert La Crosse, Wisconsin; William
CROOKS, ST. laIl, NJ nnesota; Frank S. Walker,
La Crosse, Wisconsin.
| Article g. The first board of directors of this
corporation shall consist of the following named
| persons, viz: Nathan Myrick, Geo !, j. johnson,
Martin L. Moore, Lafe Holmes, Henry a Salzer,
| Ezekiel Clarke, .anes Fl. A. Ginder, Charles
| Franz and Abram Ii. Looney who shall hold their
! offices as such until the first Tuesday of June,
! 1881 or until their successors are elected. The
of GERS of said corporation shall be president,
| vice president, secretary, treasurer and COM
| mittee of five (5) who shall be elected annually
by the board of directors. The government of the
| corporation and the management of its affairs
shall be vested in board of me (9) directors,
| who shall be elected by the stockholders
annually on the first Tuesday of June in each year
hereafter and shall hold their Office until their
! successors ected. Nathan Myrick shall be
| pres dent; George J. Johnson vice president;
James III. A. Gin 4r. secretary; LATE Holmes,
! treasurer and Henry A. Sazer, Martin T. Moore,
| Charles Franz Abram II. Looney and Ezekiel
| Clarke committee.
Article T. The capital stock of this corporation
shall be div ed into ten thousand 100000 shares
| of fifty (50) dollars each.
In witness whereof we have hereunto set our
hands and seals this LIST day of November, a. ID.
|