St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-02-21
ARTICLES OF INCORPORATION
OF THE
Duluth, Park FONT and Southern Rail-
road Company.

Know all men by these presents: That the ua-
oers! ghed persons do hereby associate themselves
tosetner ana become a body corporate under the
provisions OF title l. OF chapter 81 of the General
Statutes 1875 Of the state OF Minnesota. and 10
that end have adopted and signed the following
articles OF incorporation:
First-The name Of said cornora+ior shall he
THE Duluth, Park Point and Southern Railroad
Company. The general nature OF its business
snau De the ouildlnS' operating and maintaining
OF llne o. railway from some point on Rice's
point, in the village Of Duluth in st Iouis county
and state o. Minnesota, across The bay or harb0r
of Duluth 70 Minnesota point IN said county ard
thence along said Minnesota point IN n U0rtbs-Iv
and s0utherIy direction - the portbarIv ana
sOutherly limits OF said Minnesota point and %
erect lines OF telegraph along or over its lines ~
railroad, and with all needful and convenient de-
pots. caThOuscs, stOrehOuses. machine Shous and
other buildings and appendaGes incident 10 said
railway its business the principal place o. BUSH
ness of said corporation shall be the city Of St
Paul, N Minnesota.
secord-The time Of commencement os said
corporation shall De the 18th day Of February y.
D., lss6, and the period OF ITS continuance shall Ds
. ulnety-uIuc years.
Third-The amount Of capital stock Of said cor
pOraJiOn shall be the sum of FIVE hundred thou
sand dollars, TO be paid in in such instalmeCts or
IN such manner or to be issued upon such terms rs
the board OF directors may direct or as may %
prescribed ~ the bylaws.
FoUrth-The highest amount or indebtedness or
Liability 70 which said corporation shah be SUBJECT
shall be i've hundred thousand dollars
tltth-The names and place of residence of the
persons forming this association for incorporate on
snail De as follows: William L. Banning resldIng
| al St Paul Minnesota: Andrew DeGrafi, residing
al SAID St Paul; Robert \. smith residing at said
- Iaui Frederick ID. Banning res ding ut said
| St. Paul.
| Sixth-The names OF the first board of directors
! snail be the said William l.. Banning Andrew De-
Gran Robert y Smith. Frederick ID. Banning and
| William Dawson, Jr.
The government of the said corDoration and
management OF Its affairs shall be vested in q
/ board OF hye directors, who, except the pres
/ ent directors. shall be stockholders and who
snail be elected each year at the annual meeting
! OF the stockholders. to take Mace ON the 6rsP
Tuesday of April Of each year at the office Of s d
corporation III said city Of -. Paul unless or until
! otherwise changed by the bylaws There shall
also De president, vice president, secretary and
treasurer, and there may be Such other officers "a
may be provided by the board of directors or pre-
scribed by the bylaws, all of which said Officers
shall be elected by the directors on the same dav
| OF the said annual stockholders meeting unless
] otherwise changed by the bylaws The directors
/ may I'LL all vacancies in their own number or OF
] any officer tor the uneNpred term and elect all
! officers unit! 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 are elected or
! appointed and qualify or accept Office.
| The directors shall have power 20 adopt all by
laws and prescribe the duties of officers The first
meeting OF SAID corporation shall he on the second
day of March, A. ID. 1856. at ts Office in GHdllan's
block in said city of ST. Paul and the said directors
may meet the same day.
Special meetings of the stockholders and meet.
! ings of the directors may be called BY
| the board Of directors or under the bylaws
| upon such notice as 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 as they
may designate.
Seventh-The capital stock OF said corporation
shall be divided into five thousand shares OF onG
hundred dollars each.
In witness thereof the said corporators havs
hereto set their hands and seals this 2Ith day oi
January. \. ID