St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-02-23
ARTICLES OF INCORPORATION
OF THE
Duluth, Park Point and Southern Rail-
road Company.

Know all men by these presents: That the w
dersigned persons do hereby associate themselves
together and become a body corporate under tina
provisions OF title l. of chapter 81, Of the General
statutes, ISIS, Of the state of Minnesota. and to
that end have adopted and signed the following
articles of incorporation:
Flrst-The name of said corporatiOn shall be,
1.-The Duluth, Park Point and southern Railroad
Company" The general nature Of its business
shall De the bniIGins' operating and maintaining
OF a line OF railway from some point on Rce4
point, in the village of Duluth in st Louis county,
and state OF Minnesota, across the bay or harbOr
o. Duluth to Minnesota point in said COUNTY and
thence along said Minnesota point in a northerlT
and southerly direction u the northerIy and
southerly limits of said Minnesota point and to
erect lines OF telegraph along its lines OF
railroad and with all needfuI and convenient de-
pots. carhouses, stOrehOuses. machine shops and
other buildings and APPENDICES incident to said
railway its business; the prnclpai place OF BUSH
ness Of said corporation shall be the city Of st.
Paul. in Minnesota
Seco1f-The time of commencement OF said
corporation shall be the 18th day of February 4.
d, 1856 and the period OF its continuance snail be
Third-The amount of capital stock of said cor
pOratiOn shall be the OF five hundred thou
sand dollars 10 be paid in in such installments or
in such manner or be issued upon such terms as
the board Of directors may direct or as may be
prescribed by the bylaws
liability to which said corporation shall be subject
shall be five hundred thousand dollars
Fifth-The names and place OF residence or the
persons forming this association for incorporate on
shall be follows: William l. Banning, residing
at St Paul Minnesota; Andrew DeGraH. residing
ut said St Paul: Robert \. Smith, residing at SAID
St Paul Frederick D. Banning. residing at said
St Paul, and William Dawson, Jr-, residing at said
st. Paul.
Sixth-The names O the first board OF directors
shall be the said Will I'm l.. Banning Andrew De-
CrafT Robert A S1nit IA Frederick D. Banning and
I William Dawson. Jr. L.
| rnarsqar,art Of II the r. shall be vested in =
/ b"arI NJ a. us aualwho. eNcept the pres
ent directors. shall be ST ~ anu S
Shail De elected each yeara -, 80 80 So
~ tg seocAnoIlers to take at the Office of said
lueSu'E Oh PrlI OF each year E,,I ,rIass or ,rtiI
corporation IN said city of 81. Ia,r lTlt Ill
otheI wise changed by the by-Gant sarratarv a.
$500 =. PaeStdent' wee presich other officers as
/ treasurer, and there may be su r a. NV . -
/ may be provided by the board o bicb ctor n4ir.
scrloed by the bylaws, all of ~, said mo Sa.
shau De elected by the directors r, the 50 1nIase
| OF the SAID annual stockholders Getting. ertors
otherwise changed by the bylaws. The diror -
] may MI all vacancies in their own number ~
! any officer for the uneXpred term and l., III
/ Ouccrs until the next annual meeting of stock
/ holders. The directors and other officers EXCEPT
As herein otherwise provided shall hold Office for
one year and until their successors s.sSeIected or
/ appointed and qualify or accept ofA =
| The directors shall have power - AL by
laws ami prescribe the duties of Office. The first
meeting OF said corporation shall Doe the second
! day of March A. D. lSs6 at its office i'm GnfIun' 4
block IN said city of St Paul and the said directors
/ may meet the same day.
/ Special meetings of the stockholders and meet
/ inSs OF the directors may be called by
/ the board of directors under the bylaws
| upon such notice may be prescribed.
! Special meetings of the directors may be called
] by three directors-in the absence of by-law-at
! such time and place and upon such notice rs they
] may dCsi guate.
! Seventh-The capital stock of said corporation
shall be divided into FIVE thousand shares of ous
/ hundred dollars each.
| In witness thereof the said corporators have
hereto set their hands and seals this 21th day OF